So Late It’s Early – Roundin’ ‘Em Up
Bill Clinton says that Barack Obama‘s opposition to the war in Iraq is a fairy tale (though a well-documented one). Michael Kinsley says the fairy tale is Reagan’s legacy. Charles Krauthammer responds with Bill Clinton has no legacy. I think both may be right. Consider Krauthammer:
By comparison, Clinton was a historical parenthesis. He can console himself — with considerable justification — that he simply drew the short straw in the chronological lottery: His time just happened to be the 1990s, which, through no fault of his own, was the most inconsequential decade of the 20th century. His was the interval between the collapse of the Soviet Union on Dec. 26, 1991, and the return of history with a vengeance on Sept. 11, 2001.
Kinsley states:
When Reagan took office in 1981, federal receipts (taxes) were $517 billion and outlays (spending) were $591 billion for a deficit of $73 billion. When he left office in 1989, taxes were $999 billion and spending was $1.14 trillion, for a deficit of $153 billion. As a share of the economy (the fairest measure), Reagan did cut taxes, from 19.6 percent to 18.4 percent, and he cut spending from 22.2 to 21.2 percent, increasing the deficit from 2.6 percent to 2.8 percent. The deficit went as high as an incredible five percent of GDP during Reagan’s term. As a result, the national debt soared by almost two thirds.
John McCain can take comfort in having his campaign out of debt.
Somehow big superbowl parties are against NFL policy and it’s enforcing it by going after churches. Who thought that a league designed to perform on the Christian sabbath would be considered an enemy of faith – if, by “faith” you mean “watching football”. Ah – I’m sure more than one person says “Oh, Christ!” during those games.
The league bans public exhibitions of its games on TV sets or screens larger than 55 inches because smaller sets limit the audience size. The section of federal copyright law giving the NFL protection over the content of its programming exempts sports bars, NFL spokesman Brian McCarthy said.
Barack Obama raised $32 million in January. I can’t imagine that high.
The countdown to Super-Tuesday has now begun. Hold onto your stars and garters.
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