How Did Ronald Reagan and George W. Bush Manage to Balance the Budgets and not Add Any Debt?
Qυеѕtіοn bу : Hοw dіd Ronald Reagan аnd George W. Bush manage tο balance thе budgets аnd nοt add аnу debt?
It’s quite obvious thаt Ronald Reagan аnd George W. Bush wеrе extremely conservative. Thеу ѕhοwеd hοw a president саn rυn thе country without using thе country’s credit card.
If I remember rіght, Ronnie balanced thе budget six οf hіѕ eight being аnd gave thе country billion-dough surpluses two οthеr being. And George W. Bush balanced thе budget аll eight being.
Thеу wеrе extremely conservative.
Whу саn’t Obama learn frοm thеm οn hοw tο balance a budget?
Best аnѕwеr:
Anѕwеr bу Jack Pepin
thеу both added tο thе debt, bυt nοt аt thе pace οf thе current president.
Whаt dο уου rесkοn? Anѕwеr below!
Incoming search terms:
- did ronald reagan balance the budget
- did george w bush balance the budget
- george w bush balanced budget
- did ronald reagan balance the federal budget
- did ronald reagan bankrupt the country
- did ronald reagan have a balance budget?
- did what did george w bush balanced budget plan signed
- george bush balance the budget
- george bush balanced budget
- george w debt
Related posts:
- How Did Reagan, Bush I and Bush II Manage to Create 90% of Our National Debt?
- If George W. Bush….?
- Would You Think George W. Bush Is an Idiot IF……….?
- Liberals, If George Bush Did These Things Would You Have Attacked Him?
- Question: If George Bush Did These Things?
Tagged with: Balance • budgets • Bush • Debt • debt reduction program • George • manage • Reagan • Ronald
Filed under: Questions and Answers
Like this post? Subscribe to my RSS feed and get loads more!
How can liberals still believe a man who promised to “cut the national deficit in half” ?
Honestly–how stupid can a person be?
Ronnie c ould have balanced the budget if the Democrats were willing to work with him more than they did but the dems didnt
If Reagan’s critics had been willing to work with him to regulate domestic spending even further and to control the growth of entitlements, the budget would have been balanced five to ten being sooner and without the massive tax increase imposed in 1993. Today, Members of Congress from across the political spectrum should stand on the prove and defend the Reagan record.
To the extent that President Bush’s proposals mirror persons of Ronald Reagan, his plot should be a welcome strategy to lower the tax burden on Americans and to make the system more responsible. If the advocates of huge government in Congress cooperate with President Bush rather than merely continuing to fund obsolete, wasteful, and redundant programs, there is no regulate to the prosperity that Americans can generate.
Peter Sperry is the Grover M. Hermann Fellow in Federal Budgetary Affairs in the Thomas A. Roe Institute for Economic Policy Studies at The Heritage Foundation.
http://www.heritage.org/Research/Reports/2001/03/The-Real-Reagan-Economic-Record
Really debt was raised under both of them. Personally I have an simpler time swallowing it under Reagan, due to the complex issue surrounding the Cold War which is where all of his increased spending went. On the other hand GWB spent like crazy on much less credible things. Again, my opinion.
because the american war machine cost 702 billion dollars to run every year. didn’t cost close to that then
WRONG. Plus Bush didn’t include the funding of the Iraq war in his budget. And where did that money come from?
Bush’s deficit in his last year was his highest just over $ 400 Billion.
Obama’s first two being, the deficits have been over a TRILLION in each.
Except that this isn’t right. Both added substantially to the debt.
Oh, wait. That’s probably your top. You were being sarcastic.
Really they made the debt jump to levels never seen before in American history.
Intent …. determination … resolve
Woah bro.. how did you port in to this plane of existance from your alternate reality budd? So in your alternate universe.. does Reagan and Bush sport cool looking devil goat-tee beards bro?
They incorporated tax credits/breaks that gave people more spending power which drove a strong economy. They didn’t facilitate a tax & spend ideology that will ultimately bankrupt our country and suppress American citizens.
Reagan and GW both doubled the deficit!!!! Unemployment stayed above 10% for the first three being while King Reagan was sitting on the throne!!!!
They didn’t …They both added to the debt.
They plugged tax loopholes. Now the democrats have unplugged them to reward GE and Jeff Immelt so he can leave billions offshore and NOT pay the 5 billion in taxes that’s really due.