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Reagan The Fiscal Disaster

By Jake on January 21,2008

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Hale Stewart, also know as Bonddad, writing at The Huffington Post, uses charts and graphs to illustrate just how disastrous Ronald Reagan's policies were to the fiscal health of this country. While we have always maintained Reagan was the best "acting" president in the most disparaging way, we would never stoop to call Ronnie an asshole. However, in context of what Bonddad wrote, we can't argue with his assessment.

From Bonddad:

Does anybody notice a pattern? The fiscally conservative party -- at least in theory -- have indebted this country since 1980 with a mammoth amount of debt.

Now -- let's look a little closer at the 1980s.

Saint Ronnie -- the great Saint who many are praising in one form or another -- nearly tripled the national debt. St. Ronnie -- the fiscal conservative who we all should bow down and worship -- paid for his massive expanse of the federal government (because he never balanced a budget) by pawning off the expense on the next generation. St. Ronnie used his great communication skills to tell us this was all somehow OK.

St. Ronnie was an asshole.

 

 


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