logoalt Hacker News

SloopJon • today at 4:04 PM • 2 replies • view on HN

It's overly simplistic to say that Clinton balanced the budget. While the 1993 bill raised taxes and reduced defense spending, there would not have been a surplus without further cuts driven by Republicans in 1997.

There was also the dot-com boom, which of course wouldn't have happened without Al Gore inventing the Internet.


Replies

wat10000 • today at 4:26 PM

The pattern is extremely clear. During my lifetime, the deficit had increased under Republican presidents and decreased under Democrats. This has held steady for decades. That’s the more important thing than the question of exactly why one of them managed to get it to zero one time.

tdhz77 • today at 4:11 PM

The mental gymnastics one must do to believe in what they write is unbelievable. The answer lies right in front and you skipped over it with grace.