The debt was "up there" with Reagan too. Yoni just pretends to forget.
It's probably because of the cold war, which the US continued to sell as a viable excuse for debt-piling even though we already knew by the early eighties (if not earlier) that Russia was running on fumes. We were led to believe we were in Rocky 4 and Red Dawn when the situation had more in common with Moscow on the Hudson and depressing Yakov Smirnoff routines.
No kidding, and at least president Clinton has a head on his shoulders. Besides, he isn't a far lest liberal. Far more left than I like, but he's a conservative relative to Obama.
No, it's people like you who forget that president Reagan inherited a double digit inflation, which alone would have skyrocketed the debt, even if he didn't spend for the cold war.
Can you say "compound interest?"
Got to admit Yoni, he has you here.And who makes those yachts in the modern era? Thanks to Clinton and Bush Sr., manufacturing in this country has been steadily farmed out to developing nations.
Remember when the democrats in congress added luxury taxes to yachts?
New Luxury Tax Trimming Boat Sales, July 21, 1991
Taxes: Tempest in a Yacht, Jul. 01, 1991The boating industry claims to have been especially hard hit. Dealers point to the new tax as the main reason that sales have tumbled 88%, to $8 million, in South Florida during the first quarter. The recession no doubt contributed to the slowdown, but boat sellers complain that shoppers have escaped the tax by buying yachts in the Bahamas.
"TAX THE RICK, A common scheme of demonrats and lib s. Thing is, the rich can simply change taxtics. The increased tax actually reduced tax revenue from that industry because of far less sales.
Now what this about john sKerry and his failure to pay taxes?
One more tax to grind, Long John KerryAs you know, the senior senator purchased his New Zealand-built, 76-foot floating palace back in March and ported her in Rhode Island, a state which repealed its boat sales and use tax back in 1993. By doing so, the senator could dodge some $437,500 in state sales taxes and an annual excise tax bill of $70,000.
Revisionist history at it's best. I can certainly say "increased spending" and "no attempt to reduce spending". Not to mention that he increased said "compound interest" which we still paying these days.
But I bet you were wetting your pants with the "Star Wars" stories back then.
No, but I'll give you something to have fun with.
I had some widowpane when I watch The Empire Strikes Back in the Granada Theater, when it came out.
Are you saying that compound interest, and inflation had nothing to do with how much the debt claimed during the Reagan presidency? The assigning the high increased to him by liberals is the history revision.
I meant Star Wars as in the SDI program... We're talking about Reagan, so I shouldn't need to explain this to you.
Did he do what he preached? Did he try to reduce government, rein in spending, balance the budget and reduce the debt?
I'm not even asking if he did, I'm asking if he even tried...
Both you and I know the answer to that.
Are you saying that Reagan's increased spending and complete lack of effort to reduce spending had nothing to do with how much the debt increased during the Reagan presidency?
And the rest of your post makes no sense whatsoever.
Are you high?
wtf was that post from WC all about ?
Can't we have a little fun at times?
wtf was that post from WC all about ?
Well sure. I just didn't realize incoherent posts were your idea of having fun.
Duly noted for future reference.
Wasn't the windowpane a clue? Or "something to have fun with?"Well sure. I just didn't realize incoherent posts were your idea of having fun.
Duly noted for future reference.
To reiiterate CD's comment, it makes no sense. I have no clue what a windowpane has to do with Star Wars.
OK, if you don't get it, I'll leave it alone. Others do though.
Trippy...
Yes it was. I guess I should have used blue text though. What do you think?
Do you really want an SDI answer when you know my position already?
You were tripping while Reagan was spending... I don't know there's much more to add, really.
LOL...
I was partying allot. I didn't go to college, but visited my friends there back them. Still paid enough attention to politics that I though Reagan was a great man, and joined the Army in 1981, and went into the nuclear theater.
Think about it. If a man can lead a dope smoking guy who parties every night to follow the nations needs... is that leadership, or what?
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