[MD] Dynamic Development at all costs?

[pholden at davtv.com]

Quoting craigerb at comcast.net:

> [Arlo]
> > the percentage of our debt to GDP has increased quickly and without stopping,
> > except for during the Clinton years. 
> 
> Matching the debt to Presidents is low quality analysis.  Firstly, laws
> requiring
> expenditure were often passed in prior years & laws to collect the revenue may
> not
> take effect for years in the future.
> Secondly, the party in power in Congress is important.  For instance, in
> Clinton's
> administration, Republicans controlled Congress for 6 years.  Fiscal
> responsibility
> was a critical part of Gingrich's "Contract with America".  
> The Democrats controlled Congress for the entire time Nixon, Ford & Bush I were
> Presidents; controlled the House for all of Raygun's term & the Senate for 2 of
> the years.
> Craig

I agree. Congress controls the purse strings. 

Platt



-------------------------------------------------
This mail sent through IMP: http://horde.org/imp/