🚀 go-pugleaf

In <rayD03JIE.EMn@netcom.com>, ray@netcom.com (Ray Fischer) writes:
>In article <D03AD2.KHs@mcdata.com>, Yabba Dabba Dude <fredw@mcdata.com> wrote:
>> dnh@mfltd.co.uk (Des Herriott) writes:
>>William_Mosco@vos.stratus.com (Bill M.) writes:
>>lewis@lumina.mitre.org (Keith Lewis) writes:
>>>fredw@mcdata.com (Yabba Dabba Dude) wrote:
>
>>>[ what great things did Reagan achieve? ]
>>>
>>>>* Greatest economic expansion since WWII.   FACT
>>
>>  Bill>Without trying to balance the government's budget; an unlikely thing
>>  Bill>to come out of a republican white house.
>>  Bill>his was a first, and out of the norm when dealing with government
>>  Bill>and economics; it was irrational.
>>
>>Reagan has the best record of economic indicators for ALL 
>>post-war Presidents.  Boy, I see your point, this is irrational!
>
>BFD.  Making the economy _look_ good by borrowing $3,000,000,000,000
>and distributing it among the already wealthy is no great trick.  You
>can do the same.  Just run up your credit cards.  Of course, the bill
>will come due eventually.  In the case of the national debt, it's
>now about $20,000 per person.  This year about $1000 of your tax
>dollars will do nothing but pay interest on that debt.

Hello.. RAY.. anyone home ?  If I run up my credit card, how much I'm in debt
depends on my assets.  If I run up $10,000, but I have real estate worth 1 mil, 
big deal.  The GDP is a resonable indication of assets, and the deficit as a 
percent of GDP dropped during the 7 fat years from '83 to '89.

>>>>* Restored military strength & morale.   FACT
>>
>>   Bill>Restored it?  How?  We were a superpower before he went into office.
>>        One failed mission in Iran doesn't mean the whole military was
>>        weak.
>>
>>I didn't say our military was weak.  If you do some research you will see that 
>>by the end of Carter's term:  1) public confidence in the military had dropped,
>>and 2) the military confidence in its Commander-in-Chief had dropped.  You can
>>try to ignore the facts, but Reagan's leadership and boost in military spending 
>>clearly improved both military morale and public confidence.
>
>And we can still see how confident people are in the nation's economy.
>As I said before, you can make people feel good by just borrowing lots
>of money and giving it to them.

You cliched liberals are so entertaining!!  Yea, we borrowed all that money
and just spread it around, and it caused great expansion.  Yea, thats it.

Yabba