🚀 go-pugleaf

In <4e8b6o$3du@engr.orst.edu>, daver@mycroft.ECE.ORST.EDU (Dave Rabinowitz)
writes:
> 
> You weren't listening, were you?  The current federal deficit is lower
> today than it has been since before Reagan, and if the government didn't
> have to pay interest on the trillions of dollars of debt piled up under
> Reaganomics there would be no deficit at all!  Ronald Reagan promised to
> balance the federal budget in 2 years and in 8 years ended up borrowing
> more money than had been borrowed by the federal government in the previous
> 200 years.  Bush didn't do much better.  Clinton has significantly reduced
> the deficit.  Makes you wonder who is actually "walking the walk".
        
I don't believe it. Another person who has been scammed about Reagonomics.
Look at all the facts. Mainly, that bond laws changed PRIOR to Reagan
becomming president, and that CONGREESS controls the budget, not the
President. The President can only sign the budget, or veto it. Thre real
cause of the budget escalation is "Entitlements", started what, around
Kennedy's and Johnson's time?

We need a solid economy with little government interferance so demand for
goods will grow. This will in turn cause more employment. When unemployment
figures reduce enough, wages will increase. Rean understood the dynamic
economy, but congress only worked with him for about a year. Congress is to
blame, not Reagan!




CStandley@nesbbx.rain.COM

Charles D. Standley
Portland, Oregon