ronki23
Well-Known Member
I like Ronald Reagan not only because we have similar first names, but because he helped the West win the Cold War. Additionally, he oversaw the longest post-war economic growth in American history. Although i've heard when he was Governor of California he also balanced the budget but through tax raises; an opposite to his Presidency where he cut taxes and increased spending. People say that he created huge deficits but the circumstances were such that there was a war with a Communist superpower. However, people say it wasn't the spending that defeated the USSR as Hitler also outspent the Russians and they still beat the Germans in war. There's also the Iran-contra affair but we traded arms for hostages; I think there's nothing wrong with that. Iran's not even that bad anyway.
Defending the Reagan Deficits
Academic Defense of Reaganomics
www.counterpunch.org/2010/12/20/reaganomics-a-defense/
As for Bill Clinton, he brokered peace between Israel, Jordan and Palestine (well, Yasser Arafat anyway). He also balanced the budget. However, some say this is a lie:
The Myth of the Clinton Surplus
The Myth of the Clinton Surplus, Part II
Myth of Clinton Surplus Officially Dead
and some say even if he did balance the budget it's not necessarily a good thing
The Untold Story Of How Clinton's Budget Destroyed The American Economy
Is it possible to like both men? Because if Clinton was good for balancing the books, do we blame George HW Bush for increasing the deficit even further? Is that really fair because Bush only had 4 years to add to debt and a recession too whereas Reagan added a huge amount of debt but oversaw a boom.
I'm a 'Reagan Democrat'