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


To: RMF who wrote (69109)2/17/2014 8:25:27 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
Excluding everything ELSE

Which doesn't make much sense.

and just looking at the the absolute $ deficit

There was a large increase, and there had been large increases before. Sure never anywhere near as big in nominal dollar terms, but nominal dollar terms aren't very meaningful. The dollars further in the past were worth more each, and the economy at Reagan's time was larger so most overall national figures were larger in nominal or even real dollars than in the past.

As a portion of the economy there had been an overall upward trend towards the deficit increasing for some time before Reagan. Reagan's deficits represent a continuation of that trend, not a serious change in it.

Again, continuing a bad trend is hardly praiseworthy (esp. if one of the major themes of your campaign had been about how that trend was such a huge problem), but its not the same as a decisive break in the trend in a bad direction.