Quote:
Originally posted by Lurch@Oct 4 2004, 03:33 PM
The Bush-lovers always talk about how Reagan proved "Deficits don't matter" but the total debt to GDP ratio in the '80's was well below the levels today, and still there was a recession immediately following Reagan. (I don't have the article with me, so I don't have the exact #'s)
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But those same people would tell you it mattered if the same kind of debt was racked up for universal healthcare instead of weapons of mass destruction and arms proliferation to 3rd world despots.