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*JimH* wrote:
You want facts? Fact: Reagan inherited an economy from Carter with double digit inflation, double digit interest rates and gas shortages. Fact: Ronald Reagan's tax cuts resulted in a financial boom with government revenue substantially increasing during his 2 terms. Fact: Reagan cut federal spending as a share of the GDP almost 1% during his 2 terms. Fact: Reagan is the only president in the last forty years to cut inflation-adjusted non-defense outlays, which fell by 9.7 percent during his first term. Fact: Reagan cut the budget of 8 agencies out of 15 during his first term and the budget of 10 out of 15 during his second term. Fact: Reagan brought the USSR to its feet (financially) with them trying to compete with our Strategic Defense Initiative and a continued space program. This was one factor in bringing out the collapse of the USSR. Fact: Reagan was one of the most popular US Presidents in history, getting 525 of 538 electoral votes and 59% of the popular votes in the 1984 election. How about 'dem apples Len? Job well done! -- Skipper |
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