Saturday, March 2, 2013
Samuel Wilson: Video: Ross Perot 1992: Balancing the Budget & Reforming Government: How Ross Perot Contributed to American Politics
The main contribution that Ross Perot brought to the American political system. Was that he showed Americans how serious our debt and deficit situation was and how big of a threat it was to our economy. Without Ross Perot, President Bill Clinton probably doesn't take the debt and deficit situation as seriously as he did. In 1993 and drafting the 1993 Deficit Reduction Act and getting it through that Democratic Congress. And even in 1992 as Presidential nominee Bill Clinton and making deficit reduction a big part of his economic plan and message. Not saying he wouldn't of done anything about it in 1993 but the comprehensive approach of budget cuts basically all over. The Federal Government and new revenue with tax hikes on the wealthy, reforming the Federal Government so its more efficient with less employees. So without Ross Perot the United States Government doesn't get its fiscal house in order as early as it in the mid and late 1990s.