The Motley Fool Discussion Boards
Politics & Current Events / Political Asylum
|Subject: Re: Facts are stubborn things||Date: 11/29/2012 11:58 AM|
|Author: crassfool||Number: 1840953 of 1987084|
Reagan's amazing achievement was to increase the national debt as much as during the Civil War with only the invasion of Grenada to help him along.
Clinton (and the Republican Congress) managed to stem the red ink, but that effort ended with the election of George Bush II.
So what caused us to pile up 16 trillion dollars in debt? Reaganomics, Bush tax cuts, and two unfunded wars.
Facts are stubborn things.
Or, as Reagan himself put it, "Facts are stupid things."
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|