"F.O.A.D." wrote:
On 11/15/13, 2:06 PM, Mr. Luddite wrote:
On 11/15/2013 12:24 PM, wrote:
On Fri, 15 Nov 2013 10:48:54 -0500, "F.O.A.D." wrote:

Bernie Sanders:

http://www.youtube.com/watch?v=dq-xjwgol4Q

Bernie uses a lot of platitudes that are not exactly true in his
tirades against the job makers.

The Clinton "surplus" was mostly projections based on the dot com
bubble never ending.

The cost of the Iraq war is inflated. We were already in an Iraq war
when Bush came in and it wasn't cheap then. Pension costs are going to
be there no matter what.

The tax cuts were across the board, not just for the rich. That is why
almost half of the people pay no income taxes at all.



Clinton's "surplus" was also a result of excess Social Security revenues
that were transferred to the General Fund. The excesses were the result
of a robust but artificial economy based on dot.com companies that never
produced a product. The transfer of excess SS revenues to the General
Fund is legal but it's a bit of creative accounting to claim it erased
the deficit and produced a surplus.


I'm sorry, I must have missed the off budget accounting for the two wars Bush started.


Actually, they were wars Clinton was involved in, and Bush just continued.