As the fight continues over whether to raise taxes to ratify the additional $3.6 trillion President Obama and the Democrats have spent in just 27 months, you hear the same refrain from Democrats — we must raise taxes to the levels of the Clinton administration. This is always followed by flights of exaggeration portraying the Clinton-era economic record as “The Greatest Peacetime Expansion in American History,” or in world history, or in galactic history.
They seem to think it was the tax hikes that produced the prosperity.
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