Liberal Forum

GeorgeWashington » 12 Mar 2014 8:35 pm » wrote:Some stats about the US government:

• U.S. Tax revenue: $2,170,000,000,000
• Fed budget: $3,820,000,000,000
• New debt: $ 1,650,000,000,000
• National debt: $14,271,000,000,000
• Recent budget cuts: $ 38,500,000,000

Now, remove 8 zeroes and pretend it’s a household budget:

• Annual family income: $21,700
• Money the family spent: $38,200
• New debt on the credit card: $16,500
• Outstanding balance on the credit card: $142,710
• Total budget cuts: $385

http://www.mymoneyblog.com/us-budget-nu ... level.html

Excellent explanation of why Reagan's "good" economy was a mirage. Reagan tripled the debt, ushering in the current era of big spending and taxing the unborn. The Von Mises Institute ranks Reagan very low - here's a paragraph that gives you a hint of the flavor:

http://mises.org/freemarket_detail.aspx?control=488

"Even Ford and Carter did a better job at cutting government. Their combined presidential terms account for an increase of 1.4%—compared with Reagan's 3%—in the government's take of "national income." And in nominal terms, there has been a 60% increase in government spending, thanks mainly to Reagan's requested budgets, which were only marginally smaller than the spending Congress voted."


Carter was the last president whose economy did not reflect theft from the unborn - but to conservatards, that is not just good: It's GREAT. He's the greatest president ever to these retards who celebrate the enslavement of those not yet born.

The flim flam man's part time job economy and massive sucking sound from Wall Street, his eating of the next generation's lunch, his massive inflation of the size and scope of government, his fake numbers predicated on borrowed stimulus - these are a sign of greatness (so long as a white man is doing them).