Ronald Reagan Talks About Balancing the Budget on "The Tonight show

Discussion in 'Politics' started by Stephanie, Nov 13, 2012.

  1. Stephanie
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    Stephanie Diamond Member

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    Ronald Reagan talks about balancing the budget on "The Tonight Show" in 1975.

    [ame=http://www.youtube.com/watch?v=hDwCTKXCFW4]Ronald Reagan Talks About Balancing the Budget on "The Tonight Show"[/ame]
     
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  2. jillian
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    jillian Princess Supporting Member

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    ronald reagan raised taxes 7 times.
     
  3. Plasmaball
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    Plasmaball Gold Member

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    yay! if we are back to the 80's im buying stock in Apple......and um placing a few bets on things........
     
  4. Steelplate
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    Steelplate Bluesman

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    yeah...no shit, man.....my kingdom for a time machine....well...my worldy possessions anyway...I don't actually HAVE a kingdom...if I did....I wouldn't have to worry about a time machine.....ummmmm....what was this thread about?
     
  5. g5000
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    g5000 Diamond Member

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    Only after first cutting taxes considerably. He raised them because the cuts had been too deep, but the end result was a net tax cut.

    .
     
  6. Sarah G
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    Sarah G When Nothing Goes Right, Go Left Supporting Member

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  7. Stephanie
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    Stephanie Diamond Member

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  8. rightwinger
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    rightwinger Award Winning USMB Paid Messageboard Poster

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    Reagan tripled our debt

    Guess he didnt follow his own advice
     
  9. NYcarbineer
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    NYcarbineer Diamond Member

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    Which is what would happen if only part of the Bush tax cuts were extended.
     
  10. uscitizen
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    uscitizen Senior Member

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    We went from a creditor nation to a debtor one under Reagan.
     

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