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To: Oklahoma

Are you talking about the same Reagan who helped China get admitted into WTO? And you trippled federal spending in 8 years?


4 posted on 04/22/2023 8:28:51 PM PDT by entropy12 (Food is most popular anxiety drug, exercise is the least popular.)
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To: entropy12

Before you get too enthusiastic about the “fiscal PDJT”...Fed government spending jumped 57.60% under Pres. Trump, the federal debt increased by $8.2 Trillion, and he didn’t even propose a balanced federal budget in 4 tries. He was strong in other areas but fiscally not much.

https://fiscaldata.treasury.gov/americas-finance-guide/federal-spending/#spending-trends-over-time-and-the-us-economy

https://www.thebalancemoney.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287


7 posted on 04/22/2023 8:59:27 PM PDT by Drago
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To: entropy12

And what did Trump do for Federal spending?


8 posted on 04/22/2023 9:14:07 PM PDT by bigdaddy45
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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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