Marc Malone
2009-03-10 01:29:46
#34 G Alston – You make good points. I would like to clarify, however, that every budget Reagan proposed was balanced. It was the Dem Congress that created the deficits. The reverse was true of Clinton. The Pub Congress had to force him to accept a balanced budget. Clinton took credit for the ensuing boom caused by… (drum roll, please)… tax cuts and balanced budgets!
The good thing about Reagan’s military buildup, is that such never create a permanent bureaucracy. Military expenditures can be discontinued. That’s part of how the budget eventually got balanced in the Clinton years.
