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To: entropy12

China was admitted to the WTO in 2001. Reagan had been out of office for well over a decade by that point.

As for the Budget in the 1980s, we had a Cold War to win. Reagan did that. The budget deficit was 128 Billion or 3.9% of GDP in his first year and was 152.6 billion or 2.7% of GDP in his last year. Federal expenditures were 745 billion in his first budget and were 1143 billion in his last budget. How exactly is that tripling the federal budget?

https://www.presidency.ucsb.edu/statistics/data/federal-budget-receipts-and-outlays


16 posted on 04/23/2023 3:29:04 AM PDT by FLT-bird
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To: FLT-bird

Hahaha
Reagan laid the ground work for China admittance.
Those things don’t happen instantly. Nixon also to blame for opening China.

Trump was the FIRST PRESIDENT to impose tariffs on Chinese imports and for that I will support him for ever.
And trying hard to build a wall which Reagan never did.
Reagan was badly outmaneuvered by speaker O’Neill. A very nice person, but Reagan was not high IQ.


17 posted on 04/23/2023 8:38:24 AM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
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