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After adjustment for inflation, it's still less than Reagan's deficit.
by asdf on Mon Jul 28th, 2008 at 07:48:50 PM EST
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I'd love to see the reference for that, and I would love to put 10 euro on the bar in Paris in September claiming that the deficit will go up as costs go higher and tax receipts go lower.

One caveat: the war(s) costs must be included and must include the increasing cost of fuel for the US military (the world's number one (ab)user as well as any cute black funds that we learn about (such as the 50 million approved for special ops against Iran.

...not that I want to mitigate any of the special terrors of the Reagan administration.

Never underestimate their intelligence, always underestimate their knowledge.

Frank Delaney ~ Ireland

by siegestate (siegestate or beyondwarispeace.com) on Tue Jul 29th, 2008 at 07:39:55 AM EST
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