Ed Show - "Worst unemployment since Reagan!" 04/09

[tele757]

$221,245,000 billion budget deficit for FY 1986 ( U.S. Office of Management and Budget, Historical Tables, annual), once the worst year on record, looks like the good old days. And that deficit occurred during a period of economic expansion, unlike the Obama deficit, which is being incurred during a serious recession.

[tele757]

The Reagan deficits, which used to be held up as an example of the former presidents mismanagement of the economy, were, at their worst point, only about a tenth of what Obama has given us in his first year—no, his first days—in office. Today Reagans $221,245,000 billion budget deficit for FY 1986