Cheney: "Reagan proved deficits don't matter…"

How soon we forget!

You must have a short memory. Remember Bush is the only President with an MBA? Even if he slept through every class at the Yale School of management, which I would not doubt that he did, he couldn’t be that oblivious to what was going on. He and his advisors convened secret meetings for about a year before the crash. Even the most partisan, pro capitalistic libertarian would have to be in deep denial to not admit that GW was trying to wait out the bad news and pass it on to the next administration to lay the blame on them. Bush knew!



Your knowledge of history is interesting to say the least. The Great Depression was brought on by cheap credit in the so called ‘Roaring 20s,’ little if any regulation of the banking system and even less enforcement. Sound familiar, isn’t that what you want today?


[
"Even the most partisan, pro capitalistic libertarian would have to be in deep denial to not admit that GW was trying to wait out the bad news and pass it on to the next administration to lay the blame on them. Bush knew!"
 
I've stated this before, and I guess I have to state this again.

No one cares about deficits if its for something they are for. Reagan's budget was directed at beating the Soviet Union, and to get people back at work. When the average citizen is working, have lower taxes, and a decent lifestyle, they are less worried about a deficit.

It's when you have to worry about your job, and your kids future. That's the overall factor.

Of course, you will not understand this theory because you're a typical wingnut liberal that post just to be posting.
 
Back
Top