Do you recognize any of the following quotes from Republican politicians?
You'd think these quotes would be about Obama's current economic policys. Think again... “It will raise your taxes, increase the deficit, and kill over one million jobs.” – Joel Hefley (R-CO) “This plan will not work. If it was to work, then I’d have to become a Democrat. … your economic program is a job killer.” – John Kasich (R-OH) “I believe this will lead to a recession next year. This is the Democrat machine’s recession, and each one of them will be held personally accountable.” – Newt Gingrich (R-GA) “Clearly this is a job killer in the short run. The impact on job creation is going to be devastating. … Like so many of the President’s past promises, deficit reduction will be another cruel hoax.” – Dick Armey (R-TX) “Hundreds of thousands of Americans will lose their jobs because of this bill, and the President will be one of them.” – Phil Gramm (R-TX) “It will not cut the deficit. It will not create jobs. And it will not cut spending.” – Jim Bunning (R-KY) “… will stifle economic growth, destroy jobs, reduce revenues, and increase the deficit.” – Jim Ramstad (R-MN) “… a recipe for economic and fiscal disaster.” – Phil Crane (R-IL) Sound familiar? Then you might be surprised to learn that all of these quotes are from 1993 — one year into the term of President Bill Clinton — when he passed his budget without a single Republican vote. Of course, as we know now these predictions were dead wrong. Instead of a recession, America went on to have the greatest economic boom in the history of the world while simultaneously reducing the deficit until it turned into a $5 trillion budget surplus. Well, that is until the Republicans got back in power. Bet my last dollar the current crop of doomsayers will be wrong too. (politicalirony.com)
Asked By: NOYFB - 1/20/2010
Best Answer - Chosen by Asker
Nicely done. It reminded me of the drastic (and silly) things that were said against the passage of Social Security and Medicare... More
Answered By: iris054 - 1/20/2010
Additional Answers (9)
That was a well written and thought out piece. Next time, try to use fact in your summary instead of grabbing random "facts" and numbers out of your rear-end.
Answered By: Cooter12 - 1/20/2010
The Republicans won congress in 1994. They controlled the budget, not the president. The Republican House and Senate was fiscally conservative. During Bush's presidency in 2006, Democrats took control of congress and the deficit dramatically increased.
Answered By: Obama the Retarded Clown - 1/20/2010
Clinton didn't have anything to do with the dot-com bubble.
Answered By: Jonny Derp 2: Electric Boogaloo - 1/20/2010
I would like to think you're right... BUT .. I will wait another year .. before I stamp that in cement... I think it is often easier to see these things from outside... ( lol .. though .. i know Fizzy will disagree.. but that's cool ...we can disagree with civility :) )
Answered By: ll_jenny_ll here - 1/20/2010
Wow, Clinton passed a budget for one year. He didn't seize an entire industry and spend 750 billion on "crony capitalism" to gain more power over the people.
Answered By: Ransom - 1/20/2010
Hate to break it to you, but Republicans got control of Congress in 1994. That's who you have to thank for the economic success, and Clinton was also using a generic-based system of Supply-side economics. That's right! He was using Reaganomics. How do you explain why prices were so low, inflation was kept in check, and... More
Answered By: fuzzymime - 1/20/2010
Democrats are already fixing the economy created by the negative Republicans. All they know how to do is criticize while sitting on their hands and doing nothing. It takes action, not complaining.
Answered By: Macman - 1/20/2010
I remember the Clinton years and they weren't all that great. We lost a lot of good paying jobs and gained a lot of low paying jobs... More
Answered By: Lag Indicator - 1/20/2010
"Sound familiar? Then you might be surprised to learn that all of these quotes are from 1993 — one year into the term of President Bill Clinton — when he passed his budget without a single Republican vote. Of course, as we know now these predictions were dead wrong. Instead of a recession, America went on to have the... More
Answered By: bmovies60 - 1/20/2010
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