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Politics : View from the Center and Left

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To: KyrosL who wrote (50094)2/22/2008 12:58:11 PM
From: Sam  Read Replies (1) of 541952
 
Nice post. I was going to post a similar analysis, but without the graphs and only going back to Reagan. Yours was much better. We had divided government in the first few years of Reagan's presidency, and the deficit and the debt soared, due in good part to Reagan's "leadership" and the way he bowled over some the leadership Democrats with his tax cut and voodoo economics. Even plenty of people in Reagan's own administration knew that their math and their "Rosey scenario" assumptions were crazy, but went along with it anyway to be "team" players. That was the beginning of the end of US wealth. Whatever the Reagan cheerleaders like to believe, contrary to the real numbers and facts.
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