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To: teevolt

Debt didn’t bother Trump. Didn’t bother Reagan either. See a pattern?


8 posted on 06/17/2023 11:00:33 AM PDT by DIRTYSECRET (e allowed )
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To: DIRTYSECRET

The debt in th 80’s was NOT caused by Reagan. Reagan’s tax cuts increased revenue so much so that by the time he left office revenue had almost doubled!!!


9 posted on 06/17/2023 11:02:50 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: DIRTYSECRET
Debt didn’t bother Trump. Didn’t bother Reagan either. See a pattern?

It doesn't bother the voters. They loves the pork.

10 posted on 06/17/2023 11:03:12 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: DIRTYSECRET

Yes, actually I’d say the Reagan era started the overtly activist Fed (respects to Nixon) with Greenspan turning on the printing press after Black Monday. Reagan’s debts had finally caught up to him with the crash in ‘87 caused by the rising 10 year yield. Greenspan rescued it and probably changed the legacy of Reagan, and let Wall Street know the Fed would be there for them. Trump, the King of Debt, of course demanded an activist Fed, in addition to having no problem to opening the flood gates on the fiscal side. Trump probably ended any remnants of fiscal restraint left in the GOP.


19 posted on 06/17/2023 11:25:20 AM PDT by teevolt
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