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America's Fiscal Stupidity Mirrors Detroit

javapoppa Wrote: Mar 02, 2013 10:40 AM
Reagan spent us into debt? Federal revenues doubled under Reagan but the Democrat controlled Congress reneged on promised spending cuts.
MatthewlovesAyn Wrote: Mar 03, 2013 11:15 AM
True: You're being a Reagan Apologist. Don't fall into the trap of believing what the media (even Fox news) tells you. I don't know what gets a president a kindly pass by historians, like FDR, LBJ, Abe, JFK, etc. And what gets them vilified, like Harding and silent Cal, but a look into their actual achievements and what they wrought is in order.
True Conservative! Wrote: Mar 02, 2013 11:49 AM
He vetoed quite a bit; but not EVERYTHING! Still, his deficits were well spent and produced results!
MatthewlovesAyn Wrote: Mar 02, 2013 10:45 AM
Java: Where was Reagan's veto pen?

It’s fitting that on the day Washington, DC is cutting the budget by an agreement that they really didn’t mean, that the city of Detroit will finally get what’s it has needed for a long time: declaration of fiscal disaster.

Michigan’s Rick Snyder has appointed an emergency city manager to do for Detroit what Obama, Biden, the UAW, GM, Chrysler, the city’s council and mayor have not been able to even with a $80 billion bailout of the automotive industry.

“Snyder’s decision comes after a state review team report concluded last week that Detroit is in a financial...