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To: Landru
"Bush is a Big, Liberal Spender...Unfortunately"

"...despite the need to rebuild America's defenses, Reagan never let it be an excuse to give up on controlling domestic spending. It would have been a lot easier for him to buy the votes needed for national defense by loosening the domestic spending reins. But he never did and fought hard to bring domestic discretionary spending down from 4.7 percent of the gross domestic product in 1980 to 3.1 percent by 1988. That is equivalent to reducing spending by $165 billion per year in today's economy.

"By contrast, George W. Bush has raised domestic discretionary spending by 0.4 percent of GDP in just his first two years in office -- equivalent to $630 billion over the next decade if sustained. A key reason why Reagan made his effort is because he understood that the health of the U.S. economy was critical to national security and the defeat of Soviet communism. He knew that big government is a drag on the economy -- not just because of the high taxes that go with it, but because it pre-empts resources that the private sector can use more efficiently. Thus, an increase in government's share of GDP will eventually reduce growth even if taxes don't rise. In the end, Reagan won the Cold War not by defeating the Soviets militarily, but by showing them that we had economic resources they could never hope to match. They simply couldn't afford to keep up."

Dubyuh needs to borrow from the Gipper's playbook vis a vis Federal spending...MUD

206 posted on 09/04/2003 10:01:20 AM PDT by Mudboy Slim (RE-IMPEACH Osama bil Clinton!!)
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To: Mudboy Slim
"Dubyuh needs to borrow from the Gipper's playbook vis a vis Federal spending...MUD"

You're correct *&* you're consistent.

But I *don't* think that's going to happen, my friend.
Don't quite know why it's not.

...just know it won't.

207 posted on 09/04/2003 2:54:26 PM PDT by Landru
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