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I understand that line of argument, but do not agree with it. The US economy grew under Clinton not because of those surpluses, but because the speculative bubble was inflated under him, something Dubya inherited and of course made worse.

I still remember a 10+% mortgage and an 18% car loan too, and it's a good thing we do, because maybe we can help fellow Americans how to deal with these things in the near future, because that's what's coming.

The Hun is always either at your throat or at your feet. Winston Churchill

by r------ on Fri Nov 14th, 2008 at 06:28:01 AM EST
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