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To: The Reaper who wrote (202967)	5/19/2009 9:23:33 AM
From: ajtj99	Read Replies (1) \| Respond to of 306849

You could probably draw a chart showing baby boomer income and Treasury receipts, and it would likely show a close parallel.

To: The Reaper who wrote (202967)	5/19/2009 9:57:18 AM
From: Skeeter Bug	Read Replies (3) \| Respond to of 306849

Reaper, i do agree with Elroy that reagan shoulders a lot of the blame. he used his bully pulpit to lower taxes, but he DID NOT use it to the same degree to lower spending. his administration was known for massive deficit spending that trained bush, jr to cut taxes no matter what. the problem i have with reagan is he didn't fight the big deficits tooth and nail with weekly campaigns to tell the nation how bad it was for the country. in short, reagan used tax cuts to feather his nest and so he didn't really care about spending too much money as it helped his buddies get rich, too. big deficits became OK under reagan's administration and here we are - debt slaves.