TallTom
Registered
You guys got all your facts mixed up. This is not social medicine. It private insurance companies writing these policies not the government. At which by the way i'm sure they are going to make a lot of money. There have been 18 increases to the debt ceiling between February 1981 and September 1987. In other words, there were 18 under President Ronald Reagan. And there were seven increases between January 2001 and January 2009 -- during George W. Bush's presidency. We should also note that it has been raised three times already under President Obama, on Feb. 17, 2009, Dec. 28, 2009 and Feb. 12, 2010. It's a fact of life in the government.
Reagan nearly tripled the federal budget deficit. During the Reagan years, the debt increased to nearly $3 trillion, roughly three times as much as the first 80 years of the century had done altogether. So don't give this Obama Bullsh&*t
And as a result of Reagan's efforts we ended the cold war and had an economy that sustained itself for 15+ years. We effectively "outspent" the Russians, crushed their grasp on the Eastern European nations, and forever changed its ability to be the threat they were. He also created enough jobs to pay down that deficit by the time Clinton took office. And I will give Clinton his due. He had the ability to squander that, and did not. From 1998-2001, his was the first Administration to show a surplus since 1969. Much of that from the momentum of what Reagan created but nonetheless, to his deserved credit. However had Clinton passed his Health Reform plans, that surplus would have become a deficit. So to that we owe the Republican controlled House and Senate of that administration.
Bush #1 was no great president but Bush #2 was an idiot. And our current choices of leadership has gone to picking the least worst of the worst idiots.
And when we have become a nation of debt and a nation of debtors, and we can't function otherwise, we are in a sad state of affairs.