Jul 27, 2011

Truman And Eisenhower paid down US debt (video)

Here's progressive broadcaster Thom Hartmann explaining how a Democratic and a Republican president--Harry S. Truman and Dwight D. Eisenhower--handled US debt during their terms...they paid it down and grew the US economy simultaneously.

Nowadays you'd think such a practical feat involves rocket science, wouldn't you?




My favorite part is Harry Truman in 1948 calling out the Republican Party as the party of "special interests" and--that's what they'll always be!

Given what's transpiring in Washington this year ad nauseum under the tattered guise of "governing" and considering the financial consequences of their political games and over-arching agenda to 'make Obama a one-term president" (no matter who gets hurt in the process), the GOP now demonstrates just how correct Give 'Em Hell Harry was when it came to understanding the essential nature of the Republican Party.

So when Mundane Astrology tells us that the GOP is signified by rich man Jupiter, with the Democratic Party as sober Saturn (with Dems being the older of the two parties), we might remember Mr. Truman telling us like it is about the party of the Jupiter mantra which insists on dialing things in and suddenly becoming fiscally 'responsible'--but only when there's a Democrat in the White House.

Transparency in Washington!

Oh yeah, and Thom tosses in cut-taxes-on-rich, raise-taxes-on-working class cuss and a half Ronald Reagan who signed the deregulating Garn-St. Germain Act on October 15, 1982 and pronounced with Jupiterian glee that, "All in all, I think we hit the jackpot!"

Yes.

They did.

And they still do.


~:~

More reading: I knew it was You, Reagan.

The positive reinforcement of Emile Coue's Jupiter mantra.

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