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#8
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![]() Quote:
I do believe our GDP to debt ratio right now is not as fearsome as some think, less than Reagans I believe (have to look it up, don't hold me to it) But Obama's policies and programs have not added massively to the debt. He's cut federal spending a bit. He's cut our deficit a bit. The "big spender" thing just isn't true. He's expanded Medicare to last another 8 years. The GDP has gone up a bit. All with just the initial, very half,hearted stimulus, and about zero further action by Congress or the Fed.
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"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts |