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06-06-2004
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#11 |
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Members
Join Date: Mar 2003
Posts: 641
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Ronald Reagan's economic legacy:
Trade deficit Current Account Deficit Year ($ Billions) ($ Billions) 1981 -34.6 +8.2 1982 -38.4 -7.0 1983 -64.2 -44.3 1984 -122.4 -104.2 1985 -133.6 -112.7 1986 -155.5 -133.2 1987 -170.3 -143.7 1988 -137.1 -126.5 This is what happens when you cut taxes and increase defense spending. |
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