Comment

GOP Budget: No More Color Copies for the Pentagon

233
recusancy4/05/2011 12:18:41 pm PDT

re: #232 engineer dog

and when ronald reagan put us in a worse financial situation than we are in now, republicans didn’t yell and scream about a crisis, and, in the event, nothing really bad happened

so be consistent, please

the percentage of debt relative to gdp is an interesting number, but it is the debt service that we pay for. i don’t know of any time in recent american history that the total debt has been paid down one penny - the only time this has been even discussed was after bill clinton’s tax increases helped to put us in a position to think about it

And then we had Greenspan telling Bush to cut taxes because paying off the federal debt was not a good idea.