Bob Brinker: Market Savant & Radio Host Message Board

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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: wooden ships who wrote (3953)	3/9/1998 5:19:00 PM
From: sea_biscuit	Read Replies (2) of 42834

1. $1.78 trillion today is not the same today as it was 15 years ago. It is a much smaller piece of the pie (i.e. the "national economy") today than it was then. 2. Flowery language aside ("... He accomplished these items despite the albatross of an archetypically liberal and ferociously dissident and contemptuous Democrat Congress..."), a more realistic picture of what happened during those years was that Reagan struck a deal with the liberal Democrats so that they could get what they wanted (more spending on social programs) while he got what he wanted (more spending on defense). In the bargain, we got saddled with a huge debt. However, as long as we keep praising Reagan, I would also add that we got what we deserved! Dipy.

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