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Politics : PRESIDENT GEORGE W. BUSH
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To: Steve Dietrich who wrote (476186)10/15/2003 12:48:18 PM
From: DuckTapeSunroof  Read Replies (1) of 769670
 
"This is exactly why Reagan was so fiscally derelict. He ran ballooning deficits during an economic expansion, unprecedented really."

>>> And which Bush II is on the verge of doing (the massive deficits are already here... it's debatable whether the expansion cycle is yet).

>>> However, it was deep into Reagan's second term before the markets deemed Reagan's deficits to be a major problem --- Bush II is on pace to FAR exceed Reagan in the area of fiscal irresponsibility.
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