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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (43277)5/24/2010 3:16:36 AM
From: RMF  Read Replies (1) of 71588
 
We had Reagan and Bush BOTH cut taxes substantially and they BOTH ran historically HIGH deficits.

Taxes were EXTREMELY high during the Eisenhower Administration, but that was a time when the Middle Class made MOST of its advances and deficits were actually improving I believe.

We're like a BIG Greece right now and we need to make CUTS, but we also need to RAISE revenues.

All this stuff about just cutting taxes and everything will be O.K. sounds like something somebody in Greece would say.

You HAVE to PAY your BILLS..................
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