"The epitaph of the Reagan presidency will be: 'When Ronald Reagan became President, the United States was the largest creditor nation. When he left the presidency, we were the world's largest debtor nation.'"

--Lester Thurow, MIT professor of economics

If you want an omlette, you have to break some eggs.

America broke the back of communism and shattered the nuclear fallout on American soil myth with that "debt". No more ducking under desks or civil defense crews practicing on the weekends for incoming missles.

http://archive.org/movies/details-db.php?collection=prelinger&collectionid=19374 

Last time I checked they weren't offering a burial plan with a hearse towing a U-Haul trailer for one's stuff. You can't take anything with you when you're gone. Money was here before you were and that same money will be here after we're gone!

Personally, I think that going into debt to clear the "Evil Empire" hurdle was worth every dime.

DrMaddVibe

your opinion is as valid for you as mine is for me, so i guess we agree.

That may be true, but Ronald Reagan will go down in history as one of the top 8 Presidents. At least according to a historian who was also my history professor at Penn State. He has happened to be a historian who has ranked the Presidents dating back to JFK.

Matt

hoagie55

your professor is an idiot.

Hoagie, "Ronald Reagan will go down in history as one of the top 8 Presidents.He has happened to be a historian who has ranked the Presidents dating back to JFK."

Dating back to JFK would have been 9 Presidents ago, how can he not be in the top 8 out of 9?

Do you guys need a warning buzzer to recognize humor?

No wonder so much gets taken out of context.

^ OK, warning buzzer went off.....

LMAO...."Bedtime for Bonzo" makes the top 8. X

Yo Rick: What was that YOU said about name calling ???? JonR

SP,

Do I really need to spell this out for you? My professor has been a historian dating back to JFK (he's not that old, at least when I had him 13 years ago). Ronald Reagan will be ranked in the top 8 of Presidents. I do not see how you can mix up two different things. The rankings are for all Presidents dating back to Washington. If we went by your assumtpion then how would we rank Presidents then? There is not one that has been alive dating back to Washington now is there? If so, please educate me.

Rick,

Nice statement. Just because you disagree with someone does that mean you have to call them names? Real mature! I just love how mature the board has become. No wonder so many tried and true brothers of the leaf have left this board.

Matt

By the way Rick,

The idiot professor was you called him was well respected as both a professor and historian across the United States and in both political parties.

Matt

Hogie........Sorry Bro..Didn't mean no harm. My mistake.

Having a bad day Hoagster?

Mag

SP

boy am i embarrassed.

let's see 1+1=2

you're right

JonR

i said we should not call each other names. the professor doesn't seem to be on the boards.

I'm an idiot too.

I thought everybody knew that was a given,LOL. X

Were it not for Ronald Reagan, I would not have been able to retire at age 55. The Reagan tax plan, allowing for rapid line depreciation of real estate, including corporate limited partnerships, gave me almost a decade free of federal income tax. I admit that there were times when I felt a little guilty paying less federal taxes that my public schoolteacher brother, who earned significantly less than me, but the investment opportunity was open to anyone with sufficient investment dollars.

Good moves Steve, you take what you can get, legally. I hope I can retire at 55. I'm on pace, but you never know for sure. I have 11 more yrs to do it.

Mag