Change you can believe in

UncleBuck

Well-Known Member
i've counted over $1500 in tax breaks from legislation signed into law by the president. that ain't small change.
 

kelly4

Well-Known Member
yeah, the implementation of reaganomics was pretty for good for getting the wealth to flow to the top, but not so great at keeping the deficit at bay.
HMMMM......I remember Reaganomics coming to fruition and wiping out the debt.
 

cannabineer

Ursus marijanus
HMMMM......I remember Reaganomics coming to fruition and wiping out the debt.
Actually, the debt really took off under Reagan. To be fair, he continued and amplified a trend that has its roots in the last bit of the glorious Carter interregnum. Reagan and Bush after him took Mastercard economics to a level that eclipsed the result of the deficit spending of WWII. cn

<edit> UB's graph is uncorrected for inflation; this one is.

 

UncleBuck

Well-Known Member
Actually, the debt really took off under Reagan. To be fair, he continued and amplified a trend that has its roots in the last bit of the glorious Carter interregnum. Reagan and Bush after him took Mastercard economics to a level that eclipsed the result of the deficit spending of WWII. cn

<edit> UB's graph is uncorrected for inflation; this one is.

thanks for sweeping up that detail for me.

kelly4 has an odd memory indeed.
 

kelly4

Well-Known Member
Actually, the debt really took off under Reagan. To be fair, he continued and amplified a trend that has its roots in the last bit of the glorious Carter interregnum. Reagan and Bush after him took Mastercard economics to a level that eclipsed the result of the deficit spending of WWII. cn

<edit> UB's graph is uncorrected for inflation; this one is.

I know.I know how Buck feels about Reagan and just wanted him to jump out of his chair.
 

UncleBuck

Well-Known Member
"nancy, a chinchilla is eating the dog and i pooped in the lincoln bedroom. can i buy a ferris wheel?" - ronald reagan
 
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