Yes, we WERE hugely in debt after WWII. But did republican Eisenhower cowardly and wrongly cut programs and spending, and try to cure our debt by strangling our economy?
NO, Congress and the president did the OPPOSITE. Instead, they used stimulus spending and a very progressive tax structure to fuel our economy and start cutting down our debt.
They built our massive freeway system, which cost billions. But it also put millions of people into jobs and gave us the infrastructure that accelerated the growth of our businesses, and gave us more jobs for decades to come.
They provided benefits to our veterans, including the GI bill, which allowed millions to get college degrees and buy homes.
In other words, the government, even after the huge debt from WWII, CONTINUED to spend money in order to accelerate our economy and improve our infrastructure.
We even spent money to help war-torn Europe, with the Marshall Plan.
And our highest tax brackets were at 70%-- and the Fat Cats and big corporations still made lots of money.
The decades that followed were our best ever. EVERYONE did well. And our national debt was SHRINKING.
But then St. Reagan came along and lowered taxes on the fat cats. Reagan talked about shrinking the government, but our deficits started to double and triple. Bush Jr. doubled our deficit, and through his wars, tax cuts, and financial meltdown, left Obama facing 750,000 people losing their jobs every month.
But you guys ignore the history lesson given to us by WWII and during the decades up to Reagan.
Those 35 years after WWII were our most prosperous EVER, and EVERYONE prospered.
Great post as always SOLUTION!
At the risk of repeating myself I would like to remind you that, as far as the "guys" you are addressing are concerned, history did not begin until Jan 20 of 2009, and that no Reagan and bush the W policy harmed our Nation in any way...