SI
SI
discoversearch

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.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (131646)2/6/2001 1:17:14 AM
From: Joe NYC  Read Replies (1) | Respond to of 1570760
 
Scumbria,

There is nothing creative about it. Your family spent about $12 today paying interest on Reagan's debt. Since Reagan left office, that is about $50,000 in interest payments from the average family.

Common, you are full of it, you know it, but you keep repeating the same BS.

Ok, let's take your creative (or should I say fuzzy) math that you generously apply to Clinton and apply it to Reagan era budgets:

Fiscal Year Interest Expense Deficit
1981 68.8 79
1982 85.0 128
1983 89.8 208
1984 111.1 185
1985 129.5 212
1986 136.0 221
1987 138.7 150
1988 151.8 155
1989 169.0 152
-----------------------------------
Total: 1,079.7 1,490

Based on your fuzzy numbers, the debt grew only $410. Based on numbers most rational people use, the sum of the deficits is 1.49 trillion, with some off budget extras probably about $1.7 trillion. Can you run this $5 trillion Reagan debt again, and where exactly did you pull it out of?

Joe

PS: The debt grew about $1.5 trillion under Clinton, just slightly less that $1.7 trillion under Reagan.