On Sun, 14 Oct 2007 17:45:39 -0400, "Ed Huntress"
wrote:
Snow has some support for his view. ``Capital gains receipts were unusually
high'' during the last years of the Clinton administration, said Ed
McKelvey, senior U.S. economist at Goldman, Sachs & Co. in New York. He
estimated that when the budget surplus reached a peak of $237 billion in
2000, capital gains tax payments were about $90 billion higher than the norm
for the early-to-mid 1990s.
=========================================
In other words, Clinton's budget surplus was real, Bush's deficit is real,
and Snow-job has been reduced to coming up with explanations for why Clinton
ran a budget surplus while Bush has run a deficit.
Wherever you're getting your financial analysis, Gunner, it's time for a
change.
http://dark-wraith.com/2005/12/treas...s-clinton.html
Feel free to comment on the charts.
Gunner