Monday, October 25, 2010

Simple explanation for our national debt... what they forget to tell us...

n 1981, the country had just elected Reagan to cure the "all-time-high, Trillion-Dollar debt." But compared with the size of the American economy, the debt was at its lowest point in fifty years. Reagan was duped by the "supply siders" and his greatest "disappointment" was adding $1.6 trillion to the $1T debt he said was catastrophic.


Now, here's the new slide show that explains what happened step by step. In case you have questions, it's documented here.  

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