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  1. #1
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    Quote Originally Posted by 10mm-man View Post
    Thanks for the explanation guys; since many conservatives won't admit it, i thought I would ask.

    So then this graph is correct: http://zfacts.com/p/318.html
    Regan did increase the debt, no doubt about it. Based upon your sig line/resume you are too young to remember. Regan cut taxes and the economy boomed. This is a fact. Now stay with me. To get what he wanted in terms of building up the military he had to compromise with Tip O'Neal (speaker of the house at the time) and we increased all manor of social spending.

    You are right, Regan increased the debt due to spending, not due to government receipts (I don't call taxes revenue for the gubmint).

    Tax cuts will grow the economy every time. BUT spending increased as well.

    If you personally double your salary but quadruple your spending you're still in trouble. That in a nut shell is what DC has been doing for a long time.

  2. #2
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    Quote Originally Posted by low drag View Post
    Regan did increase the debt, no doubt about it. Based upon your sig line/resume you are too young to remember. Regan cut taxes and the economy boomed. This is a fact. Now stay with me. To get what he wanted in terms of building up the military he had to compromise with Tip O'Neal (speaker of the house at the time) and we increased all manor of social spending.

    You are right, Regan increased the debt due to spending, not due to government receipts (I don't call taxes revenue for the gubmint).

    Tax cuts will grow the economy every time. BUT spending increased as well.

    If you personally double your salary but quadruple your spending you're still in trouble. That in a nut shell is what DC has been doing for a long time.
    Way to long!! We are stuck with this shit, and my son too.... getting sick of it fast..... Both sides blaming the other, when they are both doing it!

  3. #3
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    Quote Originally Posted by 10mm-man View Post
    Way to long!! We are stuck with this shit, and my son too.... getting sick of it fast..... Both sides blaming the other, when they are both doing it!
    What do you mean way too long?

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