Since 1993, Democratic Presidents Were Forced to Rescue Our Economy from the Failures of Republicans
Op-ed by TheWiseOld Fart In 1989 Reagan left office. Our country was in debt for more than one-trillion dollars. His ludicrous fiscal policy of “supply side economics,” better known as “trickle-down economics,” put money in the pockets of the super-rich, while stagnating the economic growth of the working class. This led to a huge national debt thanks to diminshing tax revenue from those who could most easily afford to pay their fair share. His Republican successor, Vice-President George H.W. Bush, continued this failed policy and was subsequently forced out of office after one term. Enter Democrat William Jefferson Clinton in 1993. When he left the White House in 2001, the national debt was eradicated, and America’s national treasury experienced a surplus of funds. His successor should have been Vice-President Al Gore, who would have continued efforts to grow the economy for all Americans, but a politically biased Supreme Court illegally interfered in the ...