I think its interesting, after years of listening to the left caterwauling about Reagan’s “smothering” and “ruinous” deficits, not to mention the last 8 years of railing against “the politics of fear”, that they have all lined up behind their messiah, almost unquestioningly, and told the rest of America to shut up, and get with the program, otherwise we are headed for an apocalypse from which we will supposedly never recover. Getting with the program means somehow seeing the light that will allow us to figure out how Obama’s massive, unprecedented $trillion dollar deficits are going to save us all from an economic boogeyman that is really no worse than many recessions we have gone through in the past.

One more thing, you’ll notice how this administration and this Democratic congress are constantly talking about “accountability and oversight” of private sector companies like GM and AIG, when this government itself has no oversight, and is, in fact, the biggest financial deadbeat in the history of human civilization.

So which is it, lefties, are huge deficits “ruinous”, or not? And if they are not, will Obama’s economic numbers be as good as Reagans? I’m talking about inflation, unemployment, GDP, mortgage rates, gas prices, and the stock market when Reagan entered office when compared to the same numbers when he left (they were all drastically better).

Keep in mind, that as a percentage of GDP, Reagans deficits were much, much lower than Obamas.....

Ahem, Reagan has been dead for years,out of office even longer. I think you forgot about the last 8 years,the war that was never put on budget.

Why did you not mention the Bush deficit?Obama inherited that.Bush inherited a budget that was beginning to pay off the huge debt.

the 9/11 hijackers running around the US with their flight school diplomas already in hand.

I seem to remember the left bleating about how Bushs $600-$1200 tax rebates to middle class families were a joke because they would "only give people enough to buy maybe a new muffler"....yet Obama's $300-$600 tax credits to the "working poor" are supposedly economic genius?

Well, they are, if your economy runs on booze and smokes.

Well,of course Bush actions had nothing to do with the huge deficit that was being paid off when he came into office.After all,he only had 8 years to screw up royally. While Obam is expected to clean up his huge mess in 60 days! You guys would be funny if you did not vote!

Good luck with that, and dont forget, Obama's "job creation totals" include all the job losses since January 21st, the same "standard" you guys use to calculate Bushs "abysmal" job creation numbers.

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No wonder your bobble headed commentators like Olbermann never face anyone who disagrees with them.........

e.g. (and following). My time's too valuable, though, to waste more than required for one-liner dismissal on long-proven idiots. Making a one-off, epic 4-sentence exception here in your case. Don't expect it to become a common occurrence.

Both of whom ran up alarming deficits—one of them doing so off the books with omnibus spending bills to fund the war that weren’t reflected in the deficit—in pursuit of what they considered to be greater goods.

Personally, I’m no fan of huge deficits. I’m no fan of chemo therapy either but sometimes the medicine sucks but is required to prevent a worse fate.

I’m not sure the crises are equivalent either. It’s implausible the USSR was as great a threat to us when Reagan ran up his deficits (they were pretty well drained by Afghanistan, going broke and pretty well deterred) while we teeter now on the brink of a global depression.

Not saying the deficits are a good thing—but when you fight a war (or two) without a war time economic footing… well, we did that in Viet Nam with equally disastrous results for the economy. We tried it the other way. Didn’t work very well. This may not either, but when the patient is riddled with tumors you may as well try heavy radiation, chemo and surgery.

fact that you have completely dodged the subject matter of the top post?

Unless you've spent the last 20 years crying about how chemo and radiation are "smothering" and "disasterous".

mind that demos took a few grafs to say the same thing), and you're now already way over your idiot's quota for one-liner dismissals.

I guess you did think it would........

you embraced it as your governing principle.

"We are going to reduce taxes and hugely increase government spending so that we can cut the deficit in half by the time I leave office"

Ain't gonna happen, at least not that way. Need to cut spending and raise taxes to lower the deficit.