Sadly, Tw, lies and liberals, tend to go hand in hand.
You may want to believe them, you may have been told them by the news media, but you just can't QUITE make those liberal lies, into FACTS: Such is the life of the liberal - so sad.
First, some good humor from RR, to lighten things up:
http://www.youtube.com/watch?v=QK3Eo...eature=related
The problem with Socialism, in a picture:
http://upload.wikimedia.org/wikipedi..._1790-2009.png
The "CBO's Extended Baseline Scenario", is something for your pipe dreams. The "CBO's Alternative Fiscal Scenario", is much more likely.
You can see the rise in the national debt, during Reagan's terms of office, as we went forward with a large amount of military spending, to bring back our military strength, and to break the Soviet economy, as they felt compelled to try and keep pace.
National Debt:
first year's budget is credited to last term's president, since the budget was his.
Reagan, in 8 years: 1.65 Trillion increase
12/31/1981: 1.028 Trillion Dollars
12/31/1988: 2.684 Trillion Dollars
An increase of 0.55 trillion dollars, per year.
Obama, in 3.8 years: 3.7 Trillion increase
12/31/2009: 12.311 Trillion Dollars
10/01/2012: 16.011 Trillion Dollars
And THAT is over one trillion dollars of increased debt, per year.
http://www.skymachines.com/US-Nation...ental-Term.htm
Housing loan rates, Freddie MAC, 30 year fixed:
January 1980: 12.88%, January 1988: 10.38
http://www.mortgagenewsdaily.com/mor...tes/charts.asp
Jobless Rates, Bureau of Labor Statistics:
1980: 7.1% 1988: 5.5%
http://data.bls.gov/timeseries/LNU04...ds=Annual+Data
Was the US Military weak before Reagan?
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Between 1970 and 1980 the total number of ships in the U.S. Navy fell from 847 to 538 and uniformed personnel strength declined from 675,000 to about 525,000. Although the remaining ships were newer and more capable than those retired, the Navy now has substantially fewer ships with which to sustain its peacetime commitments or to conduct wartime operations.
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What did Reagan do?
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President Ronald Reagan was elected President partly on his pledge to restore America's military superiority. Caspar W. Weinberger, the nation's 15th secretary of defense, Weinberger served as the point man for President Ronald Reagan's unprecedented peacetime military buildup. Weinberger also championed the so-called "Star Wars" missile defense program, the Air Force's B-1B bomber, and a "600-ship" Navy. Weinberger took office Jan. 21, 1981, and served until Nov. 23, 1987, making him the longest-serving defense secretary to date.
In addition to strengthening the nation's strategic retaliatory arm with advanced B-1B bombers, deploying Pershing II theater missiles to Europe, and producing sophisticated Abrams main battle tanks and Bradley armored fighting vehicles, his administration dramatically increased the size and capability of the U.S. Navy. In 1981 USS Ohio (SSBN-726), the largest submarine ever built and the first of her class, was commissioned. The ship carried 24 Trident I nuclear missiles, each one capable of hitting targets 4,000 miles distant.
Stepped up was construction of the 90,000-ton, nuclear-powered Nimitz-class carriers, Los Angeles-class nuclear attack submarines, and the Ticonderoga-class guided missile cruisers equipped with the revolutionary Aegis antiair warfare system. Also joining the fleet during the 1980s were Tomahawk land attack, Harpoon antiship, and high-speed, anti-radiation (HARM) missiles; improved versions of the F-14 Tomcat fighter, A-6 Intruder attack, and EA-6B Prowler electronic countermeasures aircraft; and the new F/A-18 Hornet strike fighter. The venerable battleships USS Iowa (BB-61), USS New Jersey (BB-62), USS Missouri (BB-63), and USS Wisconsin (BB-64) once again put to sea with their awesome 16-inch guns and new Tomahawk surface-to-surface missile batteries.
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What's our Naval strength in # of ships, now?
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Since the end of the Cold War, the size of the U.S. military decreased dramatically. At one time, the Navy envisioned a need for a 600-ship fleet. At the end of fiscal year (FY) 1988, the Navy had a total battle force of 566 ships. By the end of FY 1998, this number had dropped to approximately 330.
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http://www.globalsecurity.org/milita...981-reagan.htm
Federal Tax Rates, actual, Married filing jointly, $50,000:
1980: 43%
1988: 28%
While cutting taxes, he also had the number of tax brackets reduced, simplifying the tax code marginally.
http://taxfoundation.org/sites/taxfo...d-20110909.pdf
Please go spin your fables somewhere else. Facts, refute fables, every time.