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Under Clinton the US was running a surplus. When Bush came in he passed huge tax cuts and turned it into a deficit instead.
by verzali 2y ago
Under Clinton the US was running a surplus. When Bush came in he passed huge tax cuts and turned it into a deficit instead.
- slowmovintarget 2y agoThe dotcom boom was popping just as Clinton was leaving office. Clinton also lifted the legal restrictions (he signed the repeal of the Glass-Steagall act of 1933) that would have prevented the banking / mortgage crisis of 2008.
- advael 2y agoYea TBH you're not gonna sell me on a president past Kennedy looking out for the US taxpayer or the economy in aggregate. Neoliberalism is one of the worst kinds of parasitic meme