Wednesday, September 5, 2012

Clinton rejects Obamanomics, embraces Reaganomics - Conservative News

Clinton rejects Obamanomics, embraces Reaganomics - Conservative News

So, Bill Clinton was a follower of Reaganomics?  Really!   Clinton...

abandoned Hillary-care
lower capital gains tax rate from 28% to 20%
passed Welfare Reform initiated by Republicans
lower estate tax rates
lowered spending
succeeded in working across the aisle with Newt Gingrich and a Republican majority ion the House

As a result, tax revenues collected by the IRS soared, and the budget balanced, then created a surplus.  Entitlement spending went down as a result of expanding economy and no national healthcare law.

Does that sound like Barack Obama? 

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