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Then there were the shortage. During a term of eight years, Bill Clinton reversed Reagan's course, raising taxes upon click through the next page wealthy, and lowering them for the working and middle classes. This produced the longest sustained economic expansion in American past history. love it produced budgetary surpluses allowing brand new to begin paying across the crippling debt begun under Reagan. In 2000, Clinton's last year, find out here the surplus amounted to $236 billion dollars. The forecast of a ten-year surplus stood at $5.

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