wrote in message
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If only it were the same. In 1981 the budget deficit was 2.6% of
GDP.
It peaked a few years later at 6%. By 1989, the deficit was back down
to 2.6%. During the eight years of Reagan the deficit averaged 4.5%
of GDP.


What's your point? That Carter's deficit was low & Reagan average was
higher? You do know, that's the point you made.

Now let's look at the current situation. In 2009, the budget deficit
was
10% of GDP. In 2010, 9%. And for 2011 it's estimated to be 11%.
In other words, Obama is running deficits of 2 or 3 times those of
Reagan. And under Reagan, we saw the economy surge and boom.
Under Obama and the Dems, we're still waiting.....

Ok, again, what's your point? The deficit (budget) for 2009, was approved
in under the previous administration. So you're saying O is doing a better
job.

Here we go with Reagan again. Reagan took office with a 7.5% unemployment,
by November 1982 he had a whopping 10.8% unemployment rate. After 2 years,
it was 10.4%. January of 1985, it was at 7.3%. Not really anything to be
chest thumping about.

The buzz would "surge", backfires within the first 4 years.