Quote:
Originally Posted by detbuch
The bank failure had nothing to do with military spending. The military had been gutted by Clinton and would have had to be rebuilt without the war. The Bush tax cuts, again not related to the bank failure helped fuel economic growth for most of Bush's administration and would have more than covered the refurbishing of the military. Of course the war made it more expensive. All wars do and have done. You just asked for the last time we ahave seen tax cuts and big increases in military spending, not massive increases due to war.
You conveniently passed on Reagan.
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There's so much wrong with this post. Clinton didn't gut military spending, he held it steady after a decline by Reagan and Bush 41.
The Bush tax cuts mostly just increased the deficit while economic growth was driven by a real estate bubble.
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