Question:

Will Mcain be able to lower the deficit and reduce government spending?

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Few remember any more that 1979 and 1980 were the nation’s worst economic years since the Great Depression. Reagan saved America from Jimmy Carter economics: he brought inflation down from 13.5 to 4.1 percent; unemployment, from 9.5 to 5.2 percent; the federal discount rate, from 14 to 6.5 percent. Under Reagan, the number of jobs increased by almost 20 million; median family income rose every year from 1982 to 1989. It was the greatest peacetime expansion in American history. Charitable giving more than doubled, to more than $100 billion in 1988.

But the deficit grew huge, much in part due to the expensive defense spending. Government spending under Bush has been astronomical. I am a conservative republican but it seems like my party fails to reduce government spending. what are readers opinions?

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5 ANSWERS


  1. no I'm sorry but the government has never reduced itself, it has reduced the amount of the increase but they never actually reduce


  2. No...http://www.theobamafile.com/ObamaPolitic...

  3. absolutely not. He wants to continue "winning the Iraq war" and that is not cheap

  4. No he won't.  He will continue to pup money into this senseless war.  I feel a Depression coming.

  5. He doesn't have a snowball in h**l's chance of lowering the deficit and reducing government spending with his policies.

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