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Annualized rate of debt accumulation by president and congress since Eisenhower.
Posted on 12/14/18 at 11:10 am
Posted on 12/14/18 at 11:10 am
Right click, open in a new tab and zoom in.
Posted on 12/14/18 at 11:15 am to Mr.Perfect
In terms of debt accumulation is seems like the best combo is an R congress and a D presidency.
Posted on 12/14/18 at 11:28 am to Green Chili Tiger
I'm a republican
why do we like deficits?
why do we like deficits?
Posted on 12/14/18 at 11:31 am to Tmcgin
quote:
why do we like deficits?
I guess it's a combo of military spending and lower taxes.
Posted on 12/14/18 at 11:55 am to Tmcgin
quote:
why do we like deficits?
Welfare and war. America's two biggest addictions.
Posted on 12/14/18 at 11:57 am to Tmcgin
What Republicans have you voted for? Further, what Republican policies do you support?
Posted on 12/14/18 at 11:58 am to GumboPot
Hard core Reaganites like Hero Hank and DEG will love this
Posted on 12/14/18 at 12:01 pm to GumboPot
Clinton and that incredible Republican House FTW
Posted on 12/14/18 at 12:01 pm to Green Chili Tiger
Honest question, what did Reagan do to increase debt accumulation? I’m too young to have experienced it
Posted on 12/14/18 at 12:41 pm to Oilfieldbiology
quote:
what did Reagan do to increase debt accumulation?
He was from the government, and he was here to help.
Posted on 12/14/18 at 12:58 pm to SCLibertarian
quote:
Welfare and war. America's two biggest addictions.
Why do you try to sound so definitive when you speak? I could easily argue that people's inability to be honest with themselves is the root of all of these problems versus your dime store opinion. After your Lemmings comment last night you should realize that trying to make the definitive statement is something that should always be under review
This post was edited on 12/14/18 at 2:11 pm
Posted on 12/14/18 at 1:09 pm to Oilfieldbiology
quote:
Honest question, what did Reagan do to increase debt accumulation? I’m too young to have experienced it
First, Tip O’Neal, Speaker of the House, declared Reagan’s budget proposals DOA every year. He agreed to raise military spending to repair the damage of the Vietnam War and the Carter neglect, kinda like the Middle East and Obama neglect. But he refused to cut the rest of the budget. Social spending escalated faster than military.
Second, while Reagan’s economic policies grew the economy and eventually increased tax revenues, Tip’s Democrats could and did spend it faster.
Bush the Elder, was able to ride the good economy into his presidency where he was also fortunate to have the Soviets collapse under the Reagan offensive. He was then able to cut military spending. Unfortunately for him this caused a very short term and mild slump in the economy. Between “Read my Lips no new Taxes”, “It’s the economy stupid”, and Ross splitting the righ vote, Bush was one and done. Clinton rode the advantage of Reagan’s economy and Cold War victory plus a Republican Congress. By the end of his term the economy began to lag because of leftest regulatory policy of the executive.
Posted on 12/14/18 at 1:13 pm to Mr.Perfect
quote:Filing for both Chapter 11 and 13, using Trump's most experienced personal bankruptcy law team, is imminent.
we going broke
Posted on 12/14/18 at 1:16 pm to Tmcgin
quote:Cutting spending costs votes no matter what party you represent.
I'm a republican why do we like deficits?
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