Quote:
Originally posted by 12clicks
not another one of these guys.
reagan deficits got us out of the worst economy since the depression. (brought on by carter) anyone remember gas rationing and 17% mortgage rates and huge unemployment #s? the strong economy put in place by reagan and continued by bush sr. made the dope from hope look great.
Its still amazing that so many americans could have been stupid enough to look at Bush sr. and Clinton and say,"I'll take the dumb one"
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The third largest single expenditure of todays federal budget is paying the interest on Reagan's legacy of increasing the national debt by three trillion dollars in an eight year period.
For those of you that stated Congress controls the purse strings: The President has veto power and a Presidential veto is very difficult to overide in Congress.
Clinton left office with a balanced budget now Bush has taken us back into deficit spending in less than a two year period.