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


To: Peter Dierks who wrote (43162)5/16/2010 3:48:26 AM
From: RMF1 Recommendation  Read Replies (2) | Respond to of 71588
 
It was the interest rate cuts during the 1980s that raised the economy and revenues.

It wasn't Reagan's tax cuts.

Look at when our STEEPEST rises in DEFICITS have happened. They happened during Reagan and Bush II.

Both those guys started with tax cuts.

We are going to HAVE to CUT spending and RAISE taxes if we're not going to be another Greece.