Thursday, October 20, 2016


Here is a graph of the US gross public debt (from Debt Deficit History):

From 1980 to 1992 the debt skyrocketed. That was Republican Reagan's Trickle-down Economics at work, consisting of slashing taxes for the rich hoping they'd use that wealth to create jobs instead of buying yachts and villas abroad (which they did, because that's greed and freedom for ya'), and continued by Republican George H W Bush. This was enabled by Republican dirty trickster Roger Stone buying the 1980 election with a $125k bung from deep, dark CIA agent Roy Cohn.

Under Democrat Bill Clinton the rate of increase continued for the first few years of his Presidency (I assume because it takes a few years for national economic policies to kick in), but then that rate of increase became almost zero during the last few years of his presidency.

But then under Republican George W Bush (after Roger Stone had organised a riot to get him elected) the rate of increase of the national debt once again skyrocketed, particularly around 2007/8 when the graph above shows an almost vertical gradient as the Federal Reserve bailed out the banks (after Republican dirty trickster Roger Stone had scuttled Democrat Eliot Spitzer's investigation into corrupt Wall Street practices).

Under Obama there was a brief period of relatively low rate of increase of national debt but that has increased somewhat, but still at a rate less than under Republican George W Bush.

Trump wants to bring back that same kind of Republican Reaganomics of trickle-down economics and slashing of taxes, hoping the rich will create jobs with that tax cut when we all know they'll spend it all on foreign-made yachts and cars and buy nice villas or even islands abroad.

So take from that what you will.

I take from this that not only does Roger Stone bring death and destruction, he also brings massive increases in the national debt.

Stone is now a regular guest on Infowhores.

As I said: take from that what you will.

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