PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: DuckTapeSunroof who wrote (211181)	12/19/2001 3:32:58 PM
From: Bob	Read Replies (1) of 769670

Reagan was right to cut taxes, but he pissed away most of the economicly beneficial effects which could be expected from the lowered tax burdens by failing to reduce government expenditures. The budget went UP each year, and in his first 6 years he doubled the entire national debt that it had taken 200 years to accumulate.......... Ironicly, if Reagan ever had the guts to fight for reasonably balanced budgets at the same time he cut income taxes, than the 'Reagan miracle' might have actually happened. Instead he wanted his cake, and to eat it too. He ramped up military spending, made only minimal progress on controlling domestic entitlement spending, expanded corporate welfare payments, and ballooned the deficit. Correct me if I'm wrong, but wasn't there a democratically controlled House and Senate for 7 of his 8 years, and was it not Tip O'Neil who said "Any budget you send up here is DOA."? Both were at fault. Regards, BobP

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