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Politics : PRESIDENT GEORGE W. BUSH

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To: DuckTapeSunroof who wrote (211190)12/19/2001 8:08:26 PM
From: Peter O'Brien  Read Replies (4) of 769670
 
Reagan's debt was nothing compared to Roosevelt's.

Reagan certainly won the cold war and recovered
from the economic problems of the 1970's a lot
more efficiently (from a budget perspective) than
Roosevelt dealt with WW2 and the Depression of the 1930's.

So, if debt is so dangerous, why is there no criticism of the
TREMENDOUS debt that Roosevelt racked up in the 1930's and
1940's???

perspicuity.net

Roosevelt ran up the total federal debt to over 120% of annual GDP.
No other president has ever come close to that amount,
yet somehow Reagan is singled out and characterized as reckless???

What about Roosevelt's HUGE and HISTORICALLY UNPRECEDENTED
debt that we are still paying off after 60+ years???
Why no criticism of that???

tcf.org
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