Quote:
Originally Posted by BillyBats
Wrong. I said AGGRESSIVE CUTS IN SPENDING similiar to the Clinton Administration. IUnemployment and welfare are more robust under Obama..under Clinton they were slashed. The defense budget was stripped aggressively under Clinton, not under Obama. Additionally, under Clinton EVERYBODY shared in the tax burden, it wasnt just thrust on one class of people inciting class warfare and pandering for votyes by attacking the wealthy! Shared sacrifice all DAY!
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The top rates were 50% under Reagan and 39% under Clinton. The capital gains rate was also much lower under Clinton than Reagan.
Even under Clinton, the rich got the best shake.