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URL:  http://boards.fool.com/cjb-we-spend-too-much-its-that-simple-the-30404607.aspx

Subject:  Re: Facts are stubborn things Date:  11/29/2012  9:28 AM
Author:  PeterRabit Number:  1840894 of 1977400

cjb We spend too much it's that simple.

The subject of this thread is debt and where it came from. If you want to talk about spending, start your own thread.

If you think I am incorrect in describing when and where the debt happened, show why.

I would make one addendum to my summary:

So what caused us to add 14 trillion dollars in additional debt since Reagan took office? Reaganomics, Bush tax cuts, two unfunded wars, and a depression triggered by unregulated financial shenanigans.

Peter
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