Quote:
Originally Posted by sperry
With the exception of Regan and the Bush's, all of our administrations reduced the national debt. That massive debt starting in 1950 was from WWII. Does anyone remember the recession in the early 90's? Anyone think perhaps that might have been related to the tax cuts and high spending of the 1980's? Does anyone feel like we're being setup for another recession by the current tax cuts and high spending?
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In all fairness (albeit perhaps undeserved) it was a hell of a lot easier for Ike and Kennedy because the US was booming and growing like crazy post WW2.