Clinton. He eliminated a lot of debt.
2006-09-18 16:05:38
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answer #1
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answered by Anonymous
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The Clinton REGIME was responsible for a large surplus, but was also responsible for the economic recession that hit a few months into 2001. The Bush ADMINISTRATION is responsible for a large deficet (sp?), but then there are the issues or a war to deal with. The Bush administration is also responsible for creating many new jobs and pulling the nation out of Clinton's recession.
2006-09-18 23:07:44
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answer #2
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answered by royalrunner400 3
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Eric H is probabaly a businessman who has felt the brunt of surviving the business of government, Naz must be a hair stylist or something who doesn't know anything more than the price of gas or hair dye, and Cinner is probably a family woman who's trying to balance her financial success, the immediate future with children and the future (retirement).
What a wonderful slice of Americana!!!! What so many people fail to realize is that the prez is just a hood ornament on the big cadillac of government. Bush spent his first term just dealing with the fallout of Clinton's administration. When the wheels are set in motion, they don't stop or change direction just because we get a new representative. It's all a big experiment and we are the guinea pigs. Do Exxon and Shell have the right to charge what they want without the gov. stepping in and stepping on them? Sure. You want to blame it on Bush? Shame on you. Trade in your Hummer for a Mini Cooper and then we'll talk.
2006-09-18 23:58:36
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answer #3
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answered by Diane MSD 1
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Bush faced two major catastrophes and pulled us out of them. That was a good response to a tough situation. The dot-com bubble burst that started in '99 and the 9/11 attack that wrecked the stock market for a long, long time.
Clinton took advantage of the economic boom created by Microsoft to raise taxes and fill the coffers. Not much of a challenge.
Clinton also kept up the artificial 'good' economy by coddling corporate criminals like Enron and Global Crossing. Bush immediately set the Justice Department on the job of busting the corporate swindlers, which did shake the economy and consumer confidence. Still, it had to be done.
2006-09-18 23:06:26
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answer #4
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answered by speakeasy 6
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Clintons booming economy was an illusion. It LOOKED good because of the dot.com business, but if you'll remember the economy was taking a dive while he was still in office. Bush has had to deal with major issues where the economy is concerned ie 9/11, energy prices, hurricanes etc. He has done a brilliant job, especially considering everything he's had to deal with!
2006-09-18 23:10:31
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answer #5
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answered by Cinner 7
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The Bush "Regime", the GPA is higher and more jobs then what Clinton's administration had before he left.
2006-09-18 23:10:35
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answer #6
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answered by Lone solider 2
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This is a trick question, right? I would say, considering less than one percent of the economic failure that was the first Bush term has been recovered in the second Bush term, that it would be, let me think for a moment, Clinton had record budget surplus,10's of thousands more US citizens working, Bush has record budget deficit 10's of thousands fewer US citizens working, oil companies with record profits while average US citizens are below poverty level, OK, I'll say Clinton.
2006-09-18 23:08:39
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answer #7
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answered by Ice 6
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Clintons fault? .com, tax rates, frogs falling from the sky. It makes as much sense to blame it all on George Washington and the King of England. Get real.
How long is it going to take before we realize that good economies are dependent on the outlook of, and opportunity available to all americans. We are ALL in this boat together whether you like it or not.
2006-09-18 23:35:58
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answer #8
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answered by Anonymous
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There is absolutely no question of that: the Clintons. Your great great grandchildren will still be paying off the interest on the national debt that has been incurred during the Bush Administration.
2006-09-18 23:05:50
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answer #9
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answered by Shelley 3
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The economy was good in the Clinton years NOT due to anything Clinton did. It was a Republican Congress who kept things going strong. Clinton just took the credit. Really, it is Ronald Reagan who deserves the credit for ushering in a whole new era of economic growth with massive tax cuts and deregulation.
2006-09-18 23:09:32
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answer #10
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answered by Eric H 4
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US Treasury Sets New 1-Day Tax Receipt Record Of $85.8 Billion
Tuesday September 19th, 2006 / 0h04
WASHINGTON -(Dow Jones)- The U.S. government recorded record-high overall and corporate tax receipts on Sept. 15, which was a quarterly deadline for tax payments, the Treasury said Monday.
Total tax receipts were $85.8 billion on Friday, compared with the previous one-day record of $71 billion on Sept. 15 of last year, the Treasury said.
Within the overall figure, corporate tax receipts Friday were $71.8 billion, up from $63 billion in September of last year.
Treasury Undersecretary for Domestic Finance Randal Quarles said Friday's numbers provided a "continuing demonstration of the strength of the U.S. economy."
"In fact, Friday's gross receipts were the largest in a single day in the nation's history - 20% higher than receipts on the same quarterly tax payment date last year," Quarles said in a statement.
2006-09-20 05:48:49
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answer #11
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answered by MorgantonNC 4
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