Close Menu
    Facebook X (Twitter) Instagram
    Trending
    • Is the BoJ ready to take Japan back to reality?
    • ‘Stop hiring humans’? Silicon Valley confronts AI job panic
    • Iran war: What is happening on day 44 of the US-Iran conflict? | Explainer News
    • Coco Gauff claps back at hairstyle critics: ‘I won’t apologize’
    • Resurfaced Reid and Feinstein birthright citizenship clips spark outrage
    • OECD urges governments to rapidly unwind costly fuel duty cuts
    • Indonesian president Prabowo to meet Putin in Russia for oil talks
    • Hungarians vote as PM Orban faces toughest election challenge in years | Elections News
    Prime US News
    • Home
    • World News
    • Latest News
    • US News
    • Sports
    • Politics
    • Opinions
    • More
      • Tech News
      • Trending News
      • World Economy
    Prime US News
    Home»Opinions»The Clinton years can teach us about managing the federal debt
    Opinions

    The Clinton years can teach us about managing the federal debt

    Team_Prime US NewsBy Team_Prime US NewsNovember 2, 2025No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Nov. 2, 2025 7 AM PT

    To the editor: In her op-ed, contributing author Veronique de Rugy chastises America for its irresponsible fiscal insurance policies and legislative priorities which have led our nation to the harmful “new regular of persistent finances deficits” (“The three forces fueling America’s 45-year debt addiction,” Oct. 30).

    In reaching her conclusion, she ignores some important information, not the least of which is that one type of nationwide debt was lowered during Bill Clinton’s presidency, a interval that noticed 4 consecutive finances surpluses from 1998 to 2001. The debt held by the general public decreased by greater than $450 billion, the ratio of debt to GDP fell and the deficit was reduced. This was all spurred by decreased navy spending, a hovering financial system that led to elevated tax revenues and tax will increase applied as a part of Clinton’s fiscal plan.

    De Rugy additionally ignores two worldwide occasions that required the implementation of distinctive, albeit costly (and hopefully not repeatedly repeated) responsive actions that led to considerably elevated debt: the monetary collapse of the late 2000s and the pandemic that adopted roughly 10 years later. Past these important omissions, I consider she additionally understates the injury attributable to the Republicans’ proclivity to offer substantial tax cuts to the rich with out offsetting spending cuts.

    Sure, we’re seeing a harmful development, however one that may be higher understood by contemplating different causes uncared for on this op-ed and extra successfully managed as we noticed from the Clinton years.

    David W. Steuber, Laguna Seaside

    ..

    To the editor: De Rugy means that the federal debt explosion is “the direct results of reckless guarantees to retirees, the price of healthcare and an unwillingness to pay the payments truthfully.”

    In trade for paying month-to-month contributions to Social Safety and Medicare all through 42 years of working, I used to be promised primary healthcare and a modest month-to-month cost after retirement. Was this a reckless promise? Opinions would possibly differ on this, but it surely was a promise.

    I’d recommend that Congress is recklessly breaking that promise by refusing to fund these packages. It definitely was reckless of me to consider that promise could be saved.

    Barry Heller, Rolling Hills Estates



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous Article‘We will delay, we will cancel’ flights to make sure people are safe: Duffy on ATC issues
    Next Article Three potential trade destinations for Grizzlies’ Ja Morant
    Team_Prime US News
    • Website

    Related Posts

    Opinions

    Melania Trump deserves credit for calling for more Epstein hearings

    April 11, 2026
    Opinions

    Letters to the Editor: When it comes to removing Trump from office, don’t get your hopes up

    April 11, 2026
    Opinions

    Contributor: Why the 38 million Americans who live alone need a ‘buddy system’

    April 11, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Most Popular

    The Investigation

    February 12, 2025

    Contributor: How much power to stop the president should federal judges have?

    May 16, 2025

    Gunman kills three at Target store in US state of Texas | Gun Violence News

    August 12, 2025
    Our Picks

    Is the BoJ ready to take Japan back to reality?

    April 12, 2026

    ‘Stop hiring humans’? Silicon Valley confronts AI job panic

    April 12, 2026

    Iran war: What is happening on day 44 of the US-Iran conflict? | Explainer News

    April 12, 2026
    Categories
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • US News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Primeusnews.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.