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[quote]QUOTE: Originally posted by amtrak-tom How much of a deficit did our country have before Bush was elected to his 1st term?? [/quote] We had a huge deficit during the 1990's, only it was disguised in the form of the technology bubble. What was happening was that the feds were taxing moneys that were all on paper, and once that bubble burst "poof!" we we're suddenly in deficit mode. It is too bad that during the 1990's when all this was going on, the Clinton Administration was quietly eroding the viability of our natural resource and heavy manufacturing sectors via obstinate environmental laws and an artificially high dollar that killed our export sector. Once the tech bubble burst and we reverted to dependence on our old economy stalwarts, we found that they had been severely emasculated, on the verge of disappearing altogether. It is a minor miracle that the Bush Administration was able to revive these industries, at least to the point of giving them a fighting chance, and doing so in the face of corporate scandals and 9-11. Instead of berating Bush, you should give him the kudos he deserves for saving us from Clinton's Economic Folly.
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