Mr. Shaman
Senior Member
- May 4, 2010
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- #41
By whose numbers?I don't know what this is about.... Can you explain some more. I am confunded
When the Bush Tax cuts were introduced in 2001, they estimated that we were going to have a $ 3-5 trillion dollar budget surplus over the next 10 years or something of the sort.....
Ross Perot pointed out numerous times --using CBO numbers-- back in 1992 that, presuming a mere 3% growth rate and no changes to federal tax structures, the budget would balance all by itself and briefly go into "surplus", only to have the deficits return around 2002......
....After WHICH, St. Bill came-along and SHOWED Ross "Grenade With A Bad-Haircut" Perot how it's DONE!!!!!