Quote:
Originally Posted by Shadywood
And then Reagan came in and said, "Well, I'll be darned -- somebody left the magic money machine running over at the FED! Lemme just shut that stupid thing off, and things will get back to normal in no time!"
18 months later, it was over.
As Churchill said, "Those who fail to learn from history are condemned to repeat it".
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"Well, I'll be darned -- somebody left the magic money machine running over at the FED! Lemme just shut that stupid thing off, and things will get back to normal in no time!"
Ummm, factual history shows that the National Debt about tripled in this supposedly "magical" period you reference. I do agree with your last statement however.