Greenspan on Bill Clinton

[ChinoCoug]

The maestro had high praise for him in his memoirs:

Always focused on long-term health of economy.

Fiscally disciplined.

Respected independence of Fed--never commented on monetary policy.

Unusually high level of attention to economic issues.

[jay santos]

Originally Posted by ChinoCoug

The maestro had high praise for him in his memoirs:

Always focused on long-term health of economy.

Fiscally disciplined.

Respected independence of Fed--never commented on monetary policy.

Unusually high level of attention to economic issues.

It was the republican congress not Clinton.

And it was the democratic congress and/or unfortunate circumstances that Reagan, Bush, and Bush ballooned the deficit and debt.

[il Padrino Ute]

Originally Posted by jay santos

It was the republican congress not Clinton.

And it was the democratic congress and/or unfortunate circumstances that Reagan, Bush, and Bush ballooned the deficit and debt.

You nailed it.

[Clark Addison]

Originally Posted by jay santos

It was the republican congress not Clinton.

And it was the democratic congress and/or unfortunate circumstances that Reagan, Bush, and Bush ballooned the deficit and debt.

When has Bush II shown any inclination to reduce government spending? In the past Republicans have stood for lower taxes and responsible spending. Now, they stand only for lower taxes. Reagan talked about reducing government ("get government off your back"). He wasn't often successful, but at least it was part of his talking points. I may be forgetting something, but when has Bush ever talked about shrinking government? I'm not in favor of high taxes, but if you lower taxes, you better find a way to pay for it.

[ChinoCoug]

Originally Posted by il Padrino Ute

You nailed it.

he was being sarcastic.

[il Padrino Ute]

Originally Posted by Clark Addison

When has Bush II shown any inclination to reduce government spending?

He never has shown any desire to do that and that is one of the several things about him that irritates me.

Still, Greenspan is way off in giving Clinton that much credit.

[il Padrino Ute]

Originally Posted by ChinoCoug

he was being sarcastic.

Was he? Or do you hope he was being sarcastic?

[ChinoCoug]

Originally Posted by il Padrino Ute

Was he? Or do you hope he was being sarcastic?

He can speak for himself, but I'm sure he's poking fun at partisans who refuse to recognize an opposing party's achievements no matter what.

Greenspan, OTOH, is a conservative Republican, yet he calls a spade a spade. Just the opposite.

[il Padrino Ute]

Originally Posted by ChinoCoug

He can speak for himself, but I'm sure he's poking fun at partisans who refuse to recognize an opposing party's achievements no matter what.

Greenspan, OTOH, is a conservative Republican, yet he calls a spade a spade. Just the opposite.

When it comes to the economy, neither party can take credit for it being good, but both are to be blamed if it's bad. That is why I don't give Clinton credit.

Besides, Clinton was the purest of politicians this country has ever seen. He did whatever it would take to make himself look good.

[ChinoCoug]

Originally Posted by il Padrino Ute

When it comes to the economy, neither party can take credit for it being good, but both are to be blamed if it's bad. That is why I don't give Clinton credit.

Besides, Clinton was the purest of politicians this country has ever seen. He did whatever it would take to make himself look good.

he also did whatever it took to balance the budget, cut welfare rolls by more than half, and move people out of poverty than Reagan + Bush I combined.