Strengthening Constitutional Self-Government

No Left Turns


The Good Old Days

I was perusing some old articles that I am organizing and came across the following statement in an analysis of a Clinton Tax Memo from October, 1994 (no link, sorry): "Recently leaked budget documents, prepared for the President by his top budget aide...reveal that last year's record tax increase was a complete failure in curbing future deficits. The Administration now admits that the budget deficit will climb in eight out of the next ten years, rising to almost $300 billion after the end of the decade."

Ah, to go back to the days when $300 billion seemed to be an outrageous amount of money for the government to spend...
Categories > Economy

Discussions - No Comments Yet

Leave a Comment

* denotes a required field

No TrackBacks
TrackBack URL:

Warning: include(/srv/users/prod-php-nltashbrook/apps/prod-php-nltashbrook/public/sd/nlt-blog/_includes/promo-main.php): failed to open stream: No such file or directory in /srv/users/prod-php-nltashbrook/apps/prod-php-nltashbrook/public/2011/02/the-good-old-days.php on line 383

Warning: include(): Failed opening '/srv/users/prod-php-nltashbrook/apps/prod-php-nltashbrook/public/sd/nlt-blog/_includes/promo-main.php' for inclusion (include_path='.:/opt/sp/php7.2/lib/php') in /srv/users/prod-php-nltashbrook/apps/prod-php-nltashbrook/public/2011/02/the-good-old-days.php on line 383