Ronald Reagan explains the debt... | TigerDroppings.com
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FightinTigersDammit
Northwestern St. Fan
Farmerville LA
Member since Mar 2006
8928 posts

Ronald Reagan explains the debt...

...which in 1981 was approaching $1 trillion.

"...(I)f you had a stack of $1,000 bills in your hand only four inches high, you'd be a millionaire. A trillion dollars would be a stack of $1,000 bills 67 miles high."

The debt is now $16 trillion. Feel free to do the math.


Wally Sparks
Georgia Tech Fan
Atlanta
Member since Feb 2013
9467 posts

re: Ronald Reagan explains the debt...
Looks like we can use it as a space ladder for NASA!


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LittlebyLittle
West Virginia Fan
slidell.la.
Member since Nov 2012
194 posts

re: Ronald Reagan explains the debt...
great post...scary. I truely think most Americans----[the multitude of clueless voters and those on the left at least] can fully comprehend just how much a single trillion really is--much less 16 trillion. we are in for a world of hurt


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Ace Midnight
LSU Fan
Currently asymptomatic
Member since Dec 2006
37290 posts
Online

re: Ronald Reagan explains the debt...
quote:

The debt is now $16 trillion. Feel free to do the math.


Instead of $1000s (which I normally carry, exclusively), if you used singles, $4 trillion is approximately enough to reach the moon.


crawdaddy52
Vanderbilt Fan
Member since Dec 2010
898 posts

re: Ronald Reagan explains the debt...
And by the time he left he tripled it. No other president can claim that accomplishment. Great job Ronny.
This post was edited on 2/14 at 2:17 pm


FightinTigersDammit
Northwestern St. Fan
Farmerville LA
Member since Mar 2006
8928 posts

re: Ronald Reagan explains the debt...
The One is working on that now.


crawdaddy52
Vanderbilt Fan
Member since Dec 2010
898 posts

re: Ronald Reagan explains the debt...
No. Ron will forever hold the record for increasing the deficit, in post world war 2 america, it's not even close. And he and W will always be #1 and #2 in vacation days. It is why I am always amused by most of the posters on this site. They all claim to be deficit hawks and their hero was the biggest offender.


TheJacer
Member since Nov 2012
427 posts

re: Ronald Reagan explains the debt...
I think we've been through the "vacation days" thing before, and the number of days spent at ones personal property was considered "vacation." How many times has Dear Leader returned to his personal lodging since taking office? I'll let Jesse answer this one...


But you keep on laughing

Also, do you mean debt or deficit? Regardless, Obama may not steal Reagens crown, but it won't be for lack of trying. I'm sure if he had his way he'd tax it from him and enjoy it.

FTR: Public debt was less than 40% of GDP for the majority of Reagens 8 years in office...

Image: http://www.motherjones.com/files/blog_cbo_public_debt_february_2013.jpg


What is that hilly area after "W?"
This post was edited on 2/14 at 2:58 pm


crawdaddy52
Vanderbilt Fan
Member since Dec 2010
898 posts

re: Ronald Reagan explains the debt...
You're right I meant debt. Tripling will keep the crown for Ron for a long long time. About the vacation thing - I mean come on - going to his beloved ranch in Santa Barbara is not a vacation? By the way every Rep. since Nixon has increased the debt. Carter and Clinton were the only presidents not to raise it. As a percentage of the debt he inherited, Obama is doing better that the aforementioned Reps.


mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
9517 posts

re: Ronald Reagan explains the debt...
Mathematical analysis ain't your strong suit, is it?

The debt Reagan inherited was far smaller,
thus it was easier to double/triple. Of course,
you also have see what we got for the spending-
Stronger military, collapse of the Soviet Union,
Booming economy.

It's like AIDS activists claiming the disease is
spreading fastest among straight men by using
percentage increases. Look at the actual
Increases and it ain't even close.


ColaTiger
LSU Fan
Louisiana
Member since Jan 2013
2193 posts

re: Ronald Reagan explains the debt...
quote:

...which in 1981 was approaching $1 trillion.

"...(I)f you had a stack of $1,000 bills in your hand only four inches high, you'd be a millionaire. A trillion dollars would be a stack of $1,000 bills 67 miles high."

The debt is now $16 trillion. Feel free to do the math.



He would know


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crawdaddy52
Vanderbilt Fan
Member since Dec 2010
898 posts

re: Ronald Reagan explains the debt...
Are you making an argument for Keynesian economics? Federal spending equals booming economy? Since I am sure that was not your point - logic is not your strong suit, is it?
This post was edited on 2/14 at 4:04 pm


crawdaddy52
Vanderbilt Fan
Member since Dec 2010
898 posts

re: Ronald Reagan explains the debt...
By the way, the point of this thread was RR describing in his folksy way what a trillion dollars was - at the time it seemed as unwieldy as the debt now - he then preceded to triple it. The Soviets were barely hanging on - since declassified docs indicate we were well aware of this - and prior to Ron coming in to save the day Dem congresses had voted billions to fight the Cold War for 35 years. Your ilks revisionist history that Ron won the Cold War by his lonesome is silly.
This post was edited on 2/14 at 4:15 pm


HonoraryCoonass
LSU Fan
Member since Jan 2005
6522 posts
Online

re: Ronald Reagan explains the debt...
quote:

And by the time he left he tripled it. No other president can claim that accomplishment. Great job Ronny.



Would not have been necessary had Carter not gutted the country's defense the way he did. Carter's fault.


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LittlebyLittle
West Virginia Fan
slidell.la.
Member since Nov 2012
194 posts

re: Ronald Reagan explains the debt...
crawdaddy..i remenber some of my dumb-ass liberal friends and professors that hated Reagan back in the day whine and cry about Reagans "deficits" like it was almost Armaggedon-- but now currently they are silent...{crickets chirp} and have no problem with obama running up 16 TRILLION deficits. As much as it pains you to deny-- Reagan will always get the credit for bringing the Soviet Union to its knees-- of this there this is no doubt. Not to mention restoring American Patriotism..Job growth through the roof,less government intrusion and pointless regulations,a military second to none....{as well it should be.. we have Americans buried all over the globe in defense of freedom and tyranny} decontrol of the the oil and gas industry that kept gas prices to all time lows and created THOUSANDS of jobs.....keep believing in obamas green-energy-unicorn-fairytales. so far its been a collassal failure but yet obama seems hell bent on continueing down this failed policy.--in short, 20 barack obamas will never = 1 President Ronald Maximus Reagan......the man was a true leader in every sense of the word...that is all


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mtntiger
LSU Fan
Asheville, NC
Member since Oct 2003
9517 posts

re: Ronald Reagan explains the debt...
It depends on what the money is being spent for. Obviously, the U. S. got a great ROI on what was spent during the Reagan years.

What have we gotten for the $6 TRILLION in deficit spending under Obama? High unemployment, calls for more spending on the same shite he said he was gonna spend that first stimulus trillion on, and an economy that for all intents and purposes is on life support.

Spending just to spend does little to stimulate the economy unless you're talking about isolated locales, like Washington D. C. under the current administration/Congress. That's about the only 'boom town' in the U. S. right now.


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Minnesota Tiger
LSU Fan
Member since Oct 2005
3372 posts

re: Ronald Reagan explains the debt...
"Reagan proved deficits don't matter."

- Dick Cheney, 2002


FightinTigersDammit
Northwestern St. Fan
Farmerville LA
Member since Mar 2006
8928 posts

re: Ronald Reagan explains the debt...
The conventional Dem/lib wisdom in Reagan's day was that the Soviet empire wasn't going anywhere and we had best get used to it. If anyone KNEW the Sovs were teeterng, they were keeping it quiet.


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kywildcatfanone
Kentucky Fan
Wildcat Country!
Member since Oct 2012
22910 posts
Online

re: Ronald Reagan explains the debt...
Why do our politicians not care about fixing this problem? It will destroy this country. Do they really not care, honestly?


CamdenTiger
Member since Aug 2009
29300 posts
Online

re: Ronald Reagan explains the debt...
quote:

Why do our politicians not care about fixing this problem? It will destroy this country. Do they really not care, honestly?


One side does. Usually, its the one not in power.


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