National Debt Chart (gif image):
http://zfacts.com/metaPage/lib/National-Debt-GDP-L.gif
2007-08-15 17:40:23 · 10 answers · asked by Chi Guy 5 in Politics & Government ➔ Politics
Jeff M (below) LOLOLOLOLOL!
That would be the Czech Republic's civil war against the USSR in the 80s.
http://uncyclopedia.org/wiki/Czech_Republic#Velvet_Revolution
2007-08-15 17:48:45 · update #1
Jeff M (below) If you think that the USSR fell because of Reagan's deficit versus the litany of civil unrest in their kingdom, enjoy...
2007-08-15 17:56:00 · update #2
How much did Reagan save us by outsmarting the Soviets? We no longer have an arms race.
I work on an antenna that was part of his star wars project. The straw that broke the bears back.
2007-08-15 17:46:06 · answer #1 · answered by Anonymous · 2⤊ 2⤋
The Republicans and their "let them eat cake" philosophy came up with the "trickle down theory" of economics which has bankrupted the country every time they get into the White House with these ideas.
http://www.uuforum.org/deficit.htm
This graph shows this very clearly, even more than the nice one you gave us, that Clinton gave us years of healthy economic growth while eliminating the budget deficit. Since Dubbya came in, the old ways of Reagan and Bush I have been eclipsed and the debt is mushrooming. The "conservative" men of values have actually nearly bankrupted the country, while Clinton "it's the economy stupid" was turning that completely around.
2007-08-16 00:58:25 · answer #2 · answered by michaelsan 6 · 1⤊ 0⤋
Assuming for a second that Reagan had anything to do with the collapse of the Soviet Union - how did that save us money? When Clinton used exactly that argument (that the cold war was over - not that Reagan single handedly won it) to justify a 3% cut in defence spending you lot went bezerk and are still trying to pretend that the incompetence of this administration is due to Clinton "culling the military".
2007-08-16 00:57:47 · answer #3 · answered by Sageandscholar 7 · 1⤊ 0⤋
Your chart simply shows Reaganomics at work. Tax cuts don't work they just cause deficits. I truly believe the only thing that will save Reagan from being considered one of the worst president is Bush 2 has been such a disaster that he makes Reagan look good.
2007-08-16 01:11:47 · answer #4 · answered by old-bald-one 5 · 1⤊ 0⤋
Reagan and the Bushes ran up the debt. Clinton balanced the budget because the Republicans in Congress shut down the government twice in order to force him to do so.
2007-08-16 00:56:30 · answer #5 · answered by Anonymous · 0⤊ 2⤋
RR was a big spender, and George 1 had to bailout Neil and the savings and loans. for a trillion or so, Clinton well we all know he got a bj for paying down the debt
2007-08-16 00:49:19 · answer #6 · answered by Anonymous · 1⤊ 1⤋
Clinton did the unthinkable and brought us out of debt, by selling it to the Chicoms.
2007-08-16 01:00:41 · answer #7 · answered by crknapp79 5 · 0⤊ 0⤋
I prefer not to call it debt, but rather a tax on the future.
2007-08-16 00:56:02 · answer #8 · answered by wigginsray 7 · 0⤊ 0⤋
the same effect hot air has on a balloon.
Spending yourself into more debt than the next guy, isn't what I call out-smarting them.
2007-08-16 04:19:55 · answer #9 · answered by avail_skillz 7 · 0⤊ 0⤋
This is why we need John Edwards in the White House!
WooHoo! our entire family is voting for him - even the Republicans.
2007-08-16 00:47:33 · answer #10 · answered by annefrank 2 · 0⤊ 1⤋