Washington Spending 101: How to Stop the Explosion of Debt

[racketmensch54]

Wow, that was really stupid.

[Athruebelief]

During the Reagan years,the debt increased to nearly $3 trillion,“roughly 3X's as much as the first 80 yrs of the century had done altogether.”

Reagan enacted a major tax cut his 1st year in office and government

revenue dropped off precipitously.

[summertime24133]

@Athruebelief fact!

[Athruebelief]

Despite the myth that

tax cuts somehow increase revenue, the government went deeper into debt

and Reagan had to raise taxes just a year after he enacted his tax cut.

Despite 10 more tax hikes on everything from gasoline to corporate

income,Reagan was never able to get the deficit under control.

[WrenchTurnbolt]

This from the guy who wrote the book on deficit spending. If I weren't laughing, I'd be crying.

[ron8072]

So simple, even a kindergartner could understand. Wonder why Congress can't? I guess, as a whole, they are actually not as smart as a 5th Grader. Or a kindergartner, for that matter.

[cityshots]

did those tablets dropped into the bottle contain, unfunded wars, tax cuts, and medicare part d?

[cphobic1]

@cityshots, frankly it's short, to the point and the pictures work for the illiterate... perfect for your liberal blow hard who has difficulty assimilating more than one fact.

RSC to the media snippet voter along with the hoax and handout kool-aid drinkers.

[lovemyboat310]

On Hannity, Coach Lou Holtz was mad. He said that "Abuse requires regulation, and a Balanced Budget Amendment would end the spending abuse" He was so mad that the Senate Democrats would not allow a vote on it or even face a vote for/against a BBA

[cityshots]

looks like the kids of these members are playing with the youtube stuff... how sophmoric and moronic... where are the adults?