Re: Reagan quadrupled the national deficit

[emoneyjoe]

On Sat, 4 May 2013 05:42:31 -0700 (PDT), Enos Collins
<caseyte...@yahoo.com> wrote:

>On Apr 30, 4:25 pm, Transition Zone <mogu...@hotmail.com> wrote:
>
>> >A lot of the Reagan budget went to the
>>
>>  >build up of stealth, the world situation was
>>
>> >  such that it was a good idea.
>>
>> Why did he fight against tax INCREASES, then ??
>
>Mitt Romney says that if we outsource the Navy to China, we'll get the
>budget under control by 2020, a full 40 years earlier than the plan by
>that Catholic Irishman Paul Ryan.
>
>Good advice from a great capitalist who understands ROI.
>
>If we can get our hardware made in Bangladesh, we'll probably bring it
>under control by 2018, and we'll still have the biggest force in the
>world.

More wild speculation, and misquoting.

Unfortunately, even economy killing
austerity is not going to get the budget
under control, the spending goes up,
no matter what.

The US balance of trade is much
less than the deficit, and tax revenue
is a fraction of GDP, uninformed
opinion and gossip increases ignorance
and poverty.