News Focus
News Focus
Followers 1
Posts 278
Boards Moderated 0
Alias Born 01/30/2001

Re: Meme post# 888

Wednesday, 02/28/2001 6:43:00 PM

Wednesday, February 28, 2001 6:43:00 PM

Post# of 6491
Re: Meme - Freedom and Slavery

< Uh, huh, like the additional $1.2 trillion in defense spending under Reagan that was paid for with borrowed money. You're right. That truly did appear to be a gift to John Tower and the state of Texas. >

Reagan did what no one thought he could do; he bankrupted the Soviet Union. If any part of the debt was worth making, that was.

< I do know what you mean about Congress, though. You gotta watch those we-don't-have-the-money,-but-we'll-spend-anyway conservatives. LOL >

Don't forget the 'I never met a rich person i wouldn't tax' liberals.

< BTW, pat, under Clinton, $360 billion has been paid down on the debt, $233 billion last year alone. This is the first time since 1949 that the national debt has been paid down for three years in a row. >

Thats only about 6% or so of the deficit isn't it? They could pay off the debt in 5 years max if necessary, but it would mean cutting pork projects. Thats taboo in congress.

<So since it's been proven that it can happen, are you all for it now? > Meme

I'll agree right after congress votes to give themselves a substantial pay cut.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today