U.S. deficit to hit a record $490B

Originally posted by karnachz
Gosh, it seems Reagan isn't the only one who practices a form of Voodoo Economics. Where on earth do these bizarre ideas come from?

Edit: Clinton fixed the economy by reducing military spending and increasing taxes on the wealthiest 1.2% whilst giving most people a tax cut. Bush messed up the economy by increasing military spending and giving the very ri ...[text shortened]... have.

On the balance of things Clinton saved the country and the US owes him a great deal.

Agreed for the most part but for clarity, NAFTA has been GOOD for some parts of the US (Texas for example) and BAD for other parts (Iowa, Michigan etc)