Ep 780: No Fair Remembering The Clinton Surplus

The Professional Left Podcast with Driftglass and Blue Gal

Driftglass and Blue Gal

News Commentary, Progressive, Liberal, Midterms, Resistance, Indivisible, Government, Democrat, Presidential, Debate, News, Election, Campaign, Politics

4.8 • 920 Ratings

🗓️ 20 February 2024

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Republicans cut taxes for their rich donors when they're in the White House, and flip out about "the deficit" when a Democrat takes the presidency. Join us in the latest episode of No Fair Remembering Stuff as we dive into the historical significance of the Clinton Surplus and the enduring trend of Republicans' unwavering love for tax cuts, regardless of their claim of concern over "deficits" when a Democratic priority is introduced. Don't miss this enlightening episode as we loo...

Transcript

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0:00.0	You are listening to another no fair remembering stuff, the Tuesday edition of the Professional
0:05.2	Left Podcast, and available wherever you get your podcasts, and at our website, proleftpod.com,
0:11.5	where you can also contribute to this podcast. There is a Patreon button at our website,
0:15.5	or you can mail us a letter and or contribution at the Professional Left Podcast, P.O. Box 9133, Springfield, Illinois, 62791.
0:26.3	And it's not safe for work. And today we're going to head back to the presidential campaign of 2000.
0:51.1	And the number one domestic campaign promise made by then candidate George W. Bush. Remember George Bush? In fact, it would be fair to say that this campaign promise was the only campaign promise that Bush actually kept. And in fact, he kept the hell out of it.
1:08.1	Yep, it's the budget surplus. Specifically specifically the Clinton budget surplus, how it came to
1:14.9	be, where it went, and why every time Republicans open their mouths to talk about the federal
1:20.8	budget, they are lying. If you're a younger listener putting together the words budget and
1:27.3	surplus in the same phrase,
1:30.0	probably sounds alien to you.
1:32.2	But there was a time.
1:34.1	Oh yes.
1:35.2	There was a time.
1:37.6	Those were the days, my friend, we thought they'd never end.
1:45.2	Also, if you're one of our modern monetary theory MMT friends, this topic may drive you crazy,
1:53.3	which is why, although we will be citing an economist or two, this is definitely not a conversation
1:59.0	about the economics of deficits.
2:01.1	No.
2:01.9	This is not about whether or not it is something which objectively anyone needs to worry about.
2:07.1	We are not talking about modern monetary policy, monetary theory today.
2:13.6	This is about the political utility of Republican deficit scare tactics and how they're
	...

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