Bush92
GHBush1992
- May 23, 2014
- 34,808
- 10,715
- Thread starter
- #61
Big government is an obstacle to economic growth. Washington DC has become the palace of Versailles with a small group of liberal elites, along with their court jester the mainstream media, attempting to usurp our liberty. Education system in America has been completely compromised.
But then why do we have such a strong economy?
never happened under reagan.
The Myths of Reaganomics
The next, and admittedly the most embarrassing, failure of Reaganomic goals is the deficit. Jimmy Carter habitually ran deficits of $40-50 billion and, by the end, up to $74 billion; but by 1984, when Reagan had promised to achieve a balanced budget, the deficit had settled down comfortably to about $200 billion, a level that seems to be permanent, despite desperate attempts to cook the figures in one-shot reductions.
This is by far the largest budget deficit in American history. It is true that the $50 billion deficits in World War II were a much higher percentage of the GNP; but the point is that that was a temporary, one-shot situation, the product of war finance. But the war was over in a few years; and the current federal deficits now seem to be a recent, but still permanent part of the American heritage.
any wonder why after his second term.polls showed a great majority of americans were glad to see reagan gone? LOL
Reagan modernized our military and won Cold War. We still use Stealth Bomber, Abrams tank, Bradley fighting vehicle, Hummve, Apache attack copter, and Blackhawk copter.