Quote:
In 1982 (first year after the tax cuts), the economy shrank with 2.2% (the worst since the Great Depression).
Reagan's first deficit was $128 billion. His second was $208 billion. When Bush I took over, it was at $290 billion...
Next: national debt. Carter left Reagan with $994 billion in national debt. By the time Bush left office, it had gone up to $4.3 trillion. It took 200 years for the national debt to reach $1 trillion. In the next 12 years, it quadrupled.
Reagan was at 128 billion while Carter was at 998 billion in deficit? Um that is a huge decrease meaning the deficit is way smaller after reagon, by that quote. If it were true we would all be apllauding Reagan. But that isn't the whole crack nugget, next there is notice that Bush and reagan increased an already stifling 994 billion in debt left by carter to over 4.3 TRILLION in increase. Where the Fck does that crap come from? Ihatebushesassonaplate.com? The CURRENT deficite is not anywhere near a single trillion and certainly the 80s didn't see that kind of debt, it does NOT exist. 200 years of national debt never saw 1 trillion UNTIL a few years after the anniversary. That came in 1979 when a democratic good old boy named Carter was el presidente. By the way the 200th anivarsary of the US was in 1976.