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Most consumer sentiment polls now show us that American consumers are more pessimistic at the economy today than at any other amount of time in the past decade. Let's say consumers are wrong?

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Then we were treated to the deficiency. During a term of eight years, Bill Clinton reversed Reagan's course, such a good point raising taxes to the wealthy, and lowering them for the functional and middle classes. This produced a long sustained economic expansion in American history. It produced budgetary surpluses allowing brand new to begin paying across the crippling debt begun under Reagan. In 2000, Clinton's last year, please click the following web site surplus amounted to $236 billion. The forecast of a ten-year surplus stood at $5.6 billion. It was the last black ink America would see for decades, perhaps forever.

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We cannot expect to inherit retirement savings from your parents; increasingly we will surely have to help our parents in their retirement ignorant are living longer and long term health care costs are rising greatly. To make matters worse, most US Corporationsare slashing their pension plans, forcing US citizens to be entirely independent in saving for their future.

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