What you neglect to mention is that the Dot Com Boom ended the year before W. took office. The reason that Clinton was able to balance the budget was because of the huge amounts of revenue that were flowing into the Federal coffers because of the Dot Com Boom. You're now suggesting we do a math equation to arrive at a desired answer...1+1+1=3 except you're leaving out one of the numbers that makes up that equation. If you subtract the Dot Com Boom revenues from Clinton's economic policies...which is what we would be doing NOW with tax raises in a weak economy...then instead of the answer you're looking for...you're going to get a completely different one. THAT is the reason why even liberal economists like Romer cautioned against raising taxes on anyone.
No dammit....you're blind as a bat. Reagan was the first president to ever cut taxes for the wealthy and borrow money to fund it. He and Bush's daddy quadrupled the national debt. Cinton raised taxes and made thing work again the way they were before. With surpluses projected all the way to the outyears that idiot George Bush cut taxes in 2001 and 2003 and for the first time in the history of this great republic began to borrow from Communist Chinese banks. Then he proceeded to double the national debt from $5.7 to nearly $12 trillion. It's the low tax rates for the wealthy and continuing to spend like there's no tomorrow that has gotten us into this mess. Every goddam bit by the Republicans beginning in 1981.
The reason raising taxes "worked" for Clinton was BECAUSE of the Dot Com Boom.
To use an analogy? You want us to believe that because you put a carton of ice cream out on your back porch last January and it didn't melt that we will get the same result if we put that ice cream out in the middle of a heat wave in July. Yes, you're right that the ice cream didn't melt when you did it before but that was SOLELY due to the circumstances involved. The reason that a Clinton tax increase worked was because of the circumstances involved...specifically the Dot Com Boom that Bill Clinton was fortunate to be able to reap the benefit of. We don't have anything even remotely like what was happening during the Clinton Administration happening now...yet you expect that the "ice cream" is not going to melt. It's a foolhardy approach based on your political view rather than economics.
This is facts. It can be verifed. I don't need any Fox News horse schit to prove my points:
Total U S Debt
09/30/2009 $11,909,829,003,511.75
(80% Of All Debt Across 232 Years Borrowed By Reagan And Bushes)
09/30/2008 $10,024,724,896,912.49
(Times Square Debt Clock Modified To Accomodate Tens of Trillions)
09/30/2007 $9,007,653,372,262.48
09/30/2006 $8,506,973,899,215.23
09/30/2005 $7,932,709,661,723.50
09/30/2004 $7,379,052,696,330.32
09/30/2003 $6,783,231,062,743.62
(Second Bush Tax Cuts Enacted Using Reconciliation)
09/30/2002 $6,228,235,965,597.16
09/30/2001 $5,807,463,412,200.06
(First Bush Tax Cuts Enacted Using Reconciliation)
09/30/2000 $5,674,178,209,886.86
(Administration And Congress Arguing About How To Use Surplus)
09/30/1999 $5,656,270,901,615.43
(First Surplus Generated...On Track To Pay Off Debt By 2012)
09/30/1998 $5,526,193,008,897.62
09/30/1997 $5,413,146,011,397.34
09/30/1996 $5,224,810,939,135.73
09/29/1995 $4,973,982,900,709.39
09/30/1994 $4,692,749,910,013.32
09/30/1993 $4,411,488,883,139.38
(Debt Quadrupled By Reagan/Bush41)
09/30/1992 $4,064,620,655,521.66
09/30/1991 $3,665,303,351,697.03
09/28/1990 $3,233,313,451,777.25
09/29/1989 $2,857,430,960,187.32
09/30/1988 $2,602,337,712,041.16
09/30/1987 $2,350,276,890,953.00
09/30/1986 $2,125,302,616,658.42
09/30/1985 $1,823,103,000,000.00
09/30/1984 $1,572,266,000,000.00
09/30/1983 $1,377,210,000,000.00
09/30/1982 $1,142,034,000,000.00
(Total Debt Passes $1 Trillion)
09/30/1981 $997,855,000,000.00