'87-the good ole days, when the budget came in at just over $1 trillion

[lebkuchen]

Of course, Reagan's fiscal 1988 budget of $1.024 trillion WAS the first trillion-dollar budget in history, but who's counting? The interest of $139 billion on the federal debt was the 3rd largest expenditure during Reagan's presidency.

Under Bush, our federal debt is well over $7 trillion, and we are counting!

http://www.brillig.com/debt_clock/

Last February Bush sent Congress a $2.4 trillion election-year budget, featuring big increases for defense and homeland security AND a record $521 billion deficit.

Boy, do I miss Reagan!

[Lucky Luciano]

1. LOL,

but you need to edit the debt to read 7 TRILLION!

[lebkuchen]

2. Thanks.

It's 2:48 a.m. where I am.

BTW, do you remember Reagan at the 1983 budget signing ceremony?

I would like to have (the critics of my plan) give a specific on where this is a budget for the rich.

From the 1983 budget:

"As part of the general reform of entitlement programs, legislation is proposed to round the weekly unemployment benefit amount down to the next whole dollar."

[Old and In the Way]

3. The selective memory of Republicans.

Trickle down economics, et al. Reagan's plan to balance the budget: cut taxes and increase defense spending. It didn't work then, doesn't work now. Perhaps the American electorate are finally starting to understand that Republicans can only do one thing....cut taxes. They are clueless about economics.

[lebkuchen]

4. Bush Sr. called it "voodoo economics"

but Americans were unwavering, too preoccupied with their Reagan lovefest all the while Reagan and his cronies were having a feeding frenzy at the public trough.