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Politics
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Thread ID:
00957532
Message ID:
00957712
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>Along with a second term and the gains in the Senate and House, they dang well govern like they won, reduce spending, drastically reduce the deficits, keep the tax cuts, and everything else they preach about. Otherwise, they deserve staggering defeats 2 and 4 years from now.

Mark;

Are you familiar with the Reagan presidential years? We Californians enjoyed Reagan as governor. Reagan ran against Pat Brown, who did many things to help the state. Things like create jobs, build hi ways, create the junior college system, improve the university system, and create the water system that joins southern and northern California, to name just a few accomplishments.

Reagan critized Brown as having a budget out of control. $4.5 billion to be exact! Reagan promised to reduce the number of state employees. Eight years later Reagan’s state budget exceeded $20 billion, with few things to show for it. The number of state employees more than doubled.

In January 1981, when president Reagan declared the federal budget to be "out of control," the deficit had reached almost $74 billion, the federal debt $930 billion. Within two years, the deficit was $208 billion. The debt by 1988 totaled $2.6 trillion. In those eight years, the United States moved from being the world's largest international creditor to the largest debtor nation.

Given the history of the last four years I would expect things to follow the Reagan example. By the way there is a great fear from international and national experts in the field that our currency will be of little value in the near future. Even with China building everything, we will not be able to afford it. Who needs jobs or the ability to purchase material things?

Tom
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