Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby eldred67 » Mon Feb 14, 2011 11:05 pm

He increased the National debt from $1 to $3 TRILLION. He added $2 trillion after campaigning on cutting the debt!
Was it because of his huge tax cuts for his filthy rich corporatists cronies that put him in office?
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby kelsey » Mon Feb 14, 2011 11:08 pm

He increased the National debt from $1 to $3 TRILLION. He added $2 trillion after campaigning on cutting the debt!
Was it because of his huge tax cuts for his filthy rich corporatists cronies that put him in office?
Why has Obama almost added more to the national debt in his 2 years in office than Bush did in 8?
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby dermod » Mon Feb 14, 2011 11:10 pm

because he dropped the top income tax bracket from 50% to 38 %......lower income...increase spending....oh my you get what all the right wing nut jobs complain about now.....but Reagan was a true American huh .....HAHAHAHAHAHHAA
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby kort18 » Mon Feb 14, 2011 11:12 pm

I blame Alzheimers', combined with his already room-temperature IQ.
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby winton » Mon Feb 14, 2011 11:17 pm

did someone just say that Obama's excuses are unclear?

figures a con doesn't even know we're in a recession... lol
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby kevin13 » Mon Feb 14, 2011 11:20 pm

It's because conservatives can't balance a budget to save their ***. If liberals are "tax and spend", conservatives are "don't tax and spend." At least the first option can lead to balanced budgets - as Clinton in the USA and Chretien in Canada proved just fine. The second never works - as Bush and Harper have also shown.
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby paegastun » Mon Feb 14, 2011 11:21 pm

Because that's what it took to get the country out of an economic slump, control inflation, and lower interest rates (which were 16%). Mind you, Reagan did have a democrat controlled Congress and it's Congress that controls the purse strings.
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby chancey82 » Mon Feb 14, 2011 11:23 pm

It was more likely due to the fact he had to rebuild some pride and self-respect for this country after liberals had demolished and demoralized it. Still though, who cares what any past administrations had done, I'm focused on what this one is doing...
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby carolus35 » Mon Feb 14, 2011 11:26 pm

Democrats ran congress. They make the laws and spend the money.
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Why did Reagan TRIPLE the National Debt, adding more than all previous presidents COMBINED?

Postby conlon » Mon Feb 14, 2011 11:29 pm

real heroes are not honored in kooladia
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