Quote:
Originally Posted by bdavison
Go back and look at Reagan...he managed to do both.
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Laughable.
http://money.cnn.com/2010/09/08/news...axes/index.htm
http://www.presidentreagan.info/reagan_budgets.cfm
He initially cut taxes, and spoke about reducing budgets, yet actual budgets went up every year, and he left office with a deficit that was $2T higher than when he went in. Not to mention that there were many "revenue enhancers" (code for new/raised taxes when people don't want to say taxes) toward the end of his presidency as it was increasingly obvious that there was a gap that was growing much higher than he (and his policy advisors) had hoped.