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To: rollo tomasi

“Moved the goal post to Ike for some strange reason.”

Not any stranger than moving the goalposts back to Andrew Jackson.

The last time any Congress tried to pay down the debt were the Congresses from 1920-1930. 11 straight budget surpluses and they cut 1/3 off the National debt, much of it incurred because of WW1. Those legislators were the “opposite of debt whores.” The American people didn’t give rip about them either. FDR won 4 straight elections starting in 1932, so much for “fiscal restraint.”

It doesn’t matter if you have a central bank, independent treasury department, or the Federal Reserve System.
Financiers can operate successfully in the all three systems.


40 posted on 04/27/2021 7:21:52 PM PDT by unclebankster (Globalism is the last refuge of a scoundrel)
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To: unclebankster

Jackson completely played off the debt, only President to do so.


42 posted on 04/27/2021 7:27:29 PM PDT by cowboyusa (America Cowboy up!)
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