"Correction, Regan borrowed his way out of Carter's mess.
And, then we let the free market do it's thing, which is bring in revenue. Now, the gov't is snatching up any & everything it can to control.
Back then the dollar ment something, now our dollar is a joke. Regan did run big deficits and he was wrong on that account, deficits do matter, because that money has to be paid back, but he wasn't printing the dollar like there is no tomorrow and that is being done now.
Then, other countries (China) wasn't afraid to buy our debt, they saw the direction we were headed, can't really say that today.
And, most of the surplus that Clinton liked to claim was a result of "Reganomics". So what Regan did worked. And in 7 years, the '12 election winner (won't be Obama) will still have their work cut out for them.
#58 | Posted by seedeez2 at 2009-10-09 04:13 PM"
Wow. Where to begin...
Let's start with debunking that tired/old Carter/Reagan canard:
www.huppi.com
Then, about that "free market":
Let me know when it starts so we can evaluate it ;-)!
Then, about the deficits and dollars, etc.:
Actually, you're FINALLY onto something. Well..., except for the Reagan "wasn't printing the dollar like there was no tomorrow, etc.". I'll believe THAT when you link it!!!
And finally: "And, most of the surplus that Clinton liked to claim was a result of "Reganomics". So what Regan did worked. And in 7 years, the '12 election winner (won't be Obama) will still have their work cut out for them."
So..., you REALLY believe it took 10-15 YEARS for what Reagan did "to work"? And somehow it all magically vaporized in a few MONTHS after GWB took office??? Color me SKEPTICAL!
