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mystmarimatt · 05-29-2003, 11:03 AM

Some of you keep discussing how Clinton 'inherited' Bush's economy, which is completely fallacious reasoning, it was high because of the natural ebb and flow of the economy itself. Clinton taking the helm only coincided with the ecomonic boom of the 1990's-the-so called "dot com era". the Democrats rode high and utilized this boom, and in the 2000 election, they were planning on saving all that excess money for the good of the people, because they knew, as the Republicans fail to acknowledge, that after any ecominic boom, lies a period of economic recession. And Now you say Bush "inherited" Clinton's economy? he only inherited the ecomony itself, finally losing the fire of the boom. and Then he gave away the surplus money that we could be using to help keep people and programs afloat, to "give the ecomony a boost". it didn't work.

Now for those of you who say this tax cut will work. It is nothing more than a remaned Reaganomics. the truth of it, is again, that any sort of success during the 80's can be attributed the natural flow of the economy. not Reaganomics. But it goes back even further. The Republicans believe in a system of Lassez Faire "Let Be", to keep Government out of the economy, and to not handle too much of citizens money, taxwise. Just let people keep their paychecks to do with as they please, and let Businesses run as they please. Sounds pretty neat, eh? Try again. before this taxcut, before Reagonomics, was the depression. 1929, Herbert Hoover was president. the stocks fell, and he refused to get involved. (the 1920's were a notoriously successful Republican era, led by faulty business practices, and it seemed awesome, until the depression came and the shit really hit the fan, because the government had no money stored away to soften the blow, in the inevitable case of a recession, and no plan to keep afloat). Hoover cut taxes even further to "boost the economy", and, he let businesses try to get out of this pitiable little rut on their own accord. It failed miserably, for 4 years, people watched at stocked continued to plummet. and Hoover did next to nothing, figguring it would all work out on it's own. Next election came, and fellow by the name of Roosevelt, who had a "New Deal" for the american people was elected one of the biggest landslides in history. His new deal helped alot. Businesses were held more in control by the Government, jobs were created out of thin air, and in 100 days, the economy had begun to rise again.

But again, it goes back even further. in the 1770's and 80's. a newly created system called Lassez Faire held the lower classes in the clutches of the upper class. made them angry enough to rebel. they call it the French Revolution.

So for those of you who think 'Good Ol' Republican Know-How" will help. Think again. you can think having more money in your pocket will help. but perhaps you're just too ignorant to learn from the mistakes of History. it didn't work then. it won't work now.

05-29-2003, 11:03 AM	#45 (permalink)
mystmarimatt Omnipotent Ruler Of The Tiny Universe In My Mind Location: Oreegawn	Some of you keep discussing how Clinton 'inherited' Bush's economy, which is completely fallacious reasoning, it was high because of the natural ebb and flow of the economy itself. Clinton taking the helm only coincided with the ecomonic boom of the 1990's-the-so called "dot com era". the Democrats rode high and utilized this boom, and in the 2000 election, they were planning on saving all that excess money for the good of the people, because they knew, as the Republicans fail to acknowledge, that after any ecominic boom, lies a period of economic recession. And Now you say Bush "inherited" Clinton's economy? he only inherited the ecomony itself, finally losing the fire of the boom. and Then he gave away the surplus money that we could be using to help keep people and programs afloat, to "give the ecomony a boost". it didn't work. Now for those of you who say this tax cut will work. It is nothing more than a remaned Reaganomics. the truth of it, is again, that any sort of success during the 80's can be attributed the natural flow of the economy. not Reaganomics. But it goes back even further. The Republicans believe in a system of Lassez Faire "Let Be", to keep Government out of the economy, and to not handle too much of citizens money, taxwise. Just let people keep their paychecks to do with as they please, and let Businesses run as they please. Sounds pretty neat, eh? Try again. before this taxcut, before Reagonomics, was the depression. 1929, Herbert Hoover was president. the stocks fell, and he refused to get involved. (the 1920's were a notoriously successful Republican era, led by faulty business practices, and it seemed awesome, until the depression came and the shit really hit the fan, because the government had no money stored away to soften the blow, in the inevitable case of a recession, and no plan to keep afloat). Hoover cut taxes even further to "boost the economy", and, he let businesses try to get out of this pitiable little rut on their own accord. It failed miserably, for 4 years, people watched at stocked continued to plummet. and Hoover did next to nothing, figguring it would all work out on it's own. Next election came, and fellow by the name of Roosevelt, who had a "New Deal" for the american people was elected one of the biggest landslides in history. His new deal helped alot. Businesses were held more in control by the Government, jobs were created out of thin air, and in 100 days, the economy had begun to rise again. But again, it goes back even further. in the 1770's and 80's. a newly created system called Lassez Faire held the lower classes in the clutches of the upper class. made them angry enough to rebel. they call it the French Revolution. So for those of you who think 'Good Ol' Republican Know-How" will help. Think again. you can think having more money in your pocket will help. but perhaps you're just too ignorant to learn from the mistakes of History. it didn't work then. it won't work now. __________________ Words of Wisdom: If you could really get to know someone and know that they weren't lying to you, then you would know the world was real. Because you could agree on things, you could compare notes. That must be why people get married or make Art. So they'll be able to really know something and not go insane.