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 : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (32661)2/13/2009 10:17:36 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
Re: "In his wildest dreams Ronald Reagan never thought that a president of a United States, now in the throes of a serious economic crisis, would adopt a solution to the problems of our economy that would not only worsen the situation...."

Then I guess that means that ole Ronnie must'a been TOTALLY ASLEEP during his *own* two term Presidency:

Increase in National Debt during the eight years of the Reagan/Bush Presidency:
1981 - 1989. Real National Debt hugely increased during the Reagan/Bush two terms. Debt increased by 20.5%. A post WW II all-time record real increase

Exceeded *only* by the (slightly faster rate of increase) posted when Ronnie's Vice President inherited the mantle --- but for a single term this time --- and posted his own terrible deficit numbers:

Increase during H.W. Bush Presidency:
1989 - 1993. National debt increased at an even faster annual rate under H.W. Bush's single four years. Increase was 13.1%.



To: Peter Dierks who wrote (32661)3/24/2009 9:43:56 PM
From: calgal  Read Replies (1) | Respond to of 71588
 
I agree!