Reagan's tax cuts led to the longest peace-time period of economic growth in history. The fact that a democrat spend-thrift congress was able to increase spending at four times the rate of revenue growth made our deficit emormous.
And the so-called clinton belt-tightening that you mentioned only came about after a GOP congress cut up his credit card.
WOW!! Was it THAT much?! Wonder what percentage of that was fer Defense, which I can understand. Still, there is nothing whatsoever that justifies the rapid increase in domestic spending except fer GREEDY Leftists who bellied up to the spigot and started guzzlin' the additional tax revenues, and then some!!
FReegards...MUD
Mud tried that line on me earlier, and it didn't work then either. The longest peace-time period of economic growth in our history happened under Clinton's watch.
If the tax cuts were so effective, then why did Reagan feel the need to enact two large tax increases (one of them bigger than Clinton's tax increase) soon afterwards to curtail its effects?
The fact that a democrat spend-thrift congress was able to increase spending at four times the rate of revenue growth made our deficit emormous.
And which "democrat spend-thrift congress" would you be referring to?
And the so-called clinton belt-tightening that you mentioned only came about after a GOP congress cut up his credit card.
Au contraire, mon ami. Clinton's Balanced Budget Act came before the 1994 midterm elections, and the "Contract With America" GOoPers attempted to dismantle it because it stood in the way of massive tax cuts for their wealthy friends. They were able to tear apart Hillary's universal health care initiative, but not the balanced budget act.