And they reduced spending? Just about all of the Repubs that served in the 90s were the same ones that served in the supposed non conservative Republican congress.
National debt hits 9 Trillion.
- Thread starter uscitizen
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And they reduced spending? Just about all of the Repubs that served in the 90s were the same ones that served in the supposed non conservative Republican congress.
uscitizen
Villified User
Pretty much mainly on paper though. if we import so much oil and chinese stuff that we have to pay more for...
the economic surge that Spinner was crowing about was almost entirely due to the export surge based on the weak dollar.
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Cancel 2016.2
The Almighty
Obviously you know the answer string, but to add to your above post....
1960 Dano... 1960 was the last fiscal year our government lowered our national debt. So bottom line... both Reps and Dems suck at fiscal responsibility.
Topspin
Verified User
the fed will lower rates again, too many billions of losses in the finance industry (thanks Ladyt), at least once to try and stave off recession. They will have to ignore 125 oil as it's as much related to demand as it is the falling dollar. Drastically lower rates are needed for the housing and auto industries.