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... On Sun, 31 Jan 2010 16:04:32 -0800, "nom=de=plume" wrote: What?? Reagan's deregulation was the problem... banks, airlines, media, healthcare industry, etc. NONE of the deregulation that caused these problems happened during the Reagan administration. Reagan got you the $99 coast to coast airplane flight and a lot of drugs coming off prescription. You're just wrong. That's when all of the problems started. He borrowed heavily, and even he was disappointed by the result. Make up your mind, are you talking about deficit spending or deregulation, again two different things. BTW Reagan's 8 year debt increase of around $2T (about the same as Clinton's 8 year number) will be beat by Obama in far less than two. Before you say it, GW hit it out of the park too. Never said they were the same. Deficit spending is needed sometimes. Regulation is needed in the financial system for sure. -- Nom=de=Plume |
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