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Old 07-29-2010, 12:23 PM   #67
peter12
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Quote:
Originally Posted by Sliver View Post
It's way too simplistic too look at it like that. He inherited an absolute mess and the debt was trending down already. I'm no economist, but I highly doubt that's the kind of thing you can turn around in two years given the current state of affairs.
There are means that a President can take to eliminate an inherited deficit, but overall, I agree. But then you'd have to agree that that was the reason for increasing debt during Reagan's Presidency.
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