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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (129653)	2/28/2001 1:32:43 PM
From: Nadine Carroll	Read Replies (1) \| Respond to of 769670

Thanks for the link Neocon. There's no contradiction between what I said and the Cato Institute's figures as I was talking about nominal dollars, not inflation-adjusted, and I was talking about the period 1981 - 1993. As I remember, Congress never slashed the social programs (which a small part of the budget anyway) quite as hard as Reagan wanted. But the big deficit causers were the military budget expansion, which was Reagan's wish, the increasing interest on the debt, and of course entitlements. And the supply-side revenue boom never materialized.