DNC: Treasury Secretary's Latest Snow Job (Clinton's surplus a "mirage")

[MaineDem]

For Immediate Release
December 21, 2005

Contact: Josh Earnest - 202-863-8148

Treasury Secretary's Latest Snow Job

Washington, DC - Despite the fact that President Clinton left office in 2001
with record budget surpluses, Bloomberg News reported today that Treasury
Secretary John Snow called Clinton's budget surplus a "mirage" and claimed that
the legacy of President Bush, who has presided over record budget deficits,
will be one of "having significantly reduced the deficit in his time."


President Clinton's economic policies produced a $236 billion surplus in 2000,
with projected surpluses of $5.6 trillion over the next ten years. Now, after
five years of President Bush's failed leadership on the economy, our nation
faces a $1.6 trillion five-year deficit.

This is not the first time Secretary Snow has detached himself from economic
reality. During a campaign stop in Ohio last year, Snow called the nation's
jobs loses under President Bush a "myth."

"Secretary Snow has taken the concept of revisionist history to a whole new
laughable level," said Democratic National Committee Press Secretary Josh
Earnest. "The record is clear: President Clinton's responsible management of
our nation's budget yielded a strong economy for all Americans, including
record budget surpluses. Predictably, President Bush's failed policies have
decimated the nation's budget and the pocketbooks of millions of Americans.

"It is time for the President and his economic team to stop trying to change
history and start changing his economic policies that have hurt the nation's
budget and millions of working families."

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**********

Paid for and authorized by the Democratic National Committee, www.democrats.
org. This communication is not authorized by any candidate or candidate's
committee.

[WI_DEM]

1. As Howard Dean has said, "You can't trust the Republicans with

your money."

[Cha]

7. Dean has seen what they've

done with the "money" ..the last five years..busted the bank, belly up, in the RED! They stole all the money and they want MORE!

[JohnnyRingo]

2. I'll say it was

There it was right before our eyes, stretching into the foreseeable future like a refreshing desert oasis.

A future so bright nothing could mar the forecast of happy days ahead and the kind of middle class security balancing the budget and accumulating a surplus can bring.

Then when Buxh took command of the federal checkbook, it quickly evaporated into a flurry of tax cuts and war spending leaving us all thirsty for the economic security of the 90s.

David Copperfield has nothing on John Snow.

[Donkeykick]

4. Sheesh!

why dont these Republicans just leave Clinton alone! He gave us a surplus, and now they wish to take that from him too?! They should cuddle up to Dubya liar and see how they can get him out of the mess he is in now!:freak:

[QC]

3. In other news, the choco ration is being raised to 15 grams!

All hail Big Brother!

[Lefty48197]

5. The Congressional Budget Office seems to disagree...

[chieftain]

6. My aunts and uncles who survived the Depression had a

saying. When confronted with someone trying to mislead them it was common for them to say "They lie like a Republican". True then, true today.

[FXDS]

8. When the chimp was

selling the citizens on his tax cut, I remember him saying, it's your money, we have a huge surplus of cash! Mirage my ass!

[SaveElmer]

9. The Bush Administration's "Baghdad Bob"...nt