--- In [email protected], "Paul" <[EMAIL PROTECTED]> wrote: > > When Ronald Reagan became president in 1981 the federal budget was > $680 billion. When he left office in 1989 the federal budget was $1.14 > trillion -- an increase of 67%. > > You can claim he cut taxes all you like, but that's BS. He just > passed the bills onto the next administration and forced George H.W. > Bush to pass the largest tax increase in the history of America up > 'till that time. > > Reagan ran up the credit card and left the bill for someone else to > give to the people, and for our children, grandchildren, great > grandchildren, and their great grandchildren to pay.
Of course, this line of reasoning allows one to absolve Congress of its responsibility for profligate spending. After Congress rejected Regan's budgets, they basically used the extortive tactic of threating to shut down the government unless they get their pork. Of course, any day the government is shut down is a good day. I often see this line of reasoing used when someone wants to demonize their politcal opponent while masquerading the real collaborative nature of the federal budget process. ForumWebSiteAt http://groups.yahoo.com/group/Libertarian Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/Libertarian/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
