- Joined
- Sep 18, 2011
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Ridiculous, and out of context.
If a person has a couple of credit cards and runs up a little balance on them (debt) that's normal.
If a person has a couple hundred credit cards, maxed out, then gets new cards to pay the payment on the others, that's insane!
The former is what Cheney referred to.
The latter is what the idiot Obama has done.
Wake up man.
Cheney was referring to Reagan because he said, Reagan proved deficits don't matter. Let's take a looky at debt as a percentage under presidents since Roosevelt...
Looks like Eishenhower was the only republican with any fiscal responsibility. And tax rates at the top margin under Eishenhower were at 90% before Kennedy reduced them a little. Imagine that.
... aaaaaaannnd boom goes the dynamite.