Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Let's Talk About Our Feelings!!! -- Ignore unavailable to you. Want to Upgrade?

To: Sidney Reilly who wrote (57448)	10/7/1999 7:41:00 AM
From: Zoltan!	Respond to of 108807

>>If he was so great then why did the deficit balloon out of control on his watch. That has been asked about FDR many times. Do you know that FDR actually campaigned and entered office with the promise of balancing the budget, claiming that Hoover's deficits were dangerous? Yes, the Reagan era deficits were large but in real terms FDR's were much larger and he had a compliant Congress that did his bidding in that area. Sure, FDR's legacy left us to spend trillions fighting the Cold War which Reagan, with his military buildup, finally ended. Yes, we did grow our way out of the deficits, just as Reagan said we would (and would have much earlier if Congress had stuck with agreed spending caps). And yes, we now know that the Soviet Union did expire - just as he said it would, its archives exposing a bestial regime wholly worthy of Reagan's colorful condemnation of it as an "Evil Empire".