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Politics : American Presidential Politics and foreign affairs
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To: RMF who wrote (68803)1/24/2014 6:58:49 PM
From: TimF  Read Replies (1) of 71588
 
NO, deficits like the ones that Reagan put up weren't common and accepted.

Much larger deficits had happened at least 3 times before, and smaller but growing deficits had been a feature for quite some time before Reagan. There was no dramatic break up from the previous trend.

Of course continuing a bad trend is still bad.
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