[Shhhh! I'm Listening to Reason!]

Congressional Republicans continued to bash Obama's spending proposals
and his projection of a $1.75 trillion deficit this year.

Almost every day brings another "multibillion-dollar government
spending plan being proposed or even worse, passed," said Sen. Richard
Burr, R-N.C., who gave the GOP's weekly address.

He said Obama is pushing "the single largest increase in federal
spending in the history of the United States, while driving the
deficit to levels that were once thought impossible."

http://news.yahoo.com/s/ap/20090228/...bama_lobbyists

Spending in FY 1983, the first real Reagan budget, will be about $110
billion higher than President Carter's last full budget. Outside
estimates, of course, are for even higher spending. Though the
headlines have been full of proposed cuts the last few months,
Congress's First Budget Resolution calls for even higher spending than
in the Reagan budget.

http://www.cato.org/pub_display.php?pub_id=879

The policies were derided by some as "Trickle-down economics,"[2] due
to the significant cuts in the upper tax brackets. There was a massive
increase in Cold War related defense spending that caused large budget
deficits,[16] the U.S. trade deficit expansion,[16] and contributed to
the Savings and Loan crisis,[17] In order to cover new federal budget
deficits, the United States borrowed heavily both domestically and
abroad, raising the national debt from $700 billion to $3 trillion,
[18] and the United States moved from being the world's largest
international creditor to the world's largest debtor nation.[19]

http://en.wikipedia.org/wiki/Reaganomics

(This looks pretty familiar. Change "Cold War" to "Afghanistan/Iraq",
and "S&L crisis" to "Bank bailout".) LoL.

The line is not likely to make this week's eulogies to Ronald Reagan,
but when Vice President Cheney allegedly declared, "Reagan proved
deficits don't matter," he summed up an enduring argument from the
former president's economic legacy.

In late 2002, Cheney had summoned the Bush administration's economic
team to his office to discuss another round of tax cuts to stimulate
the economy. Then-Treasury Secretary Paul H. O'Neill pleaded that the
government -- already running a $158 billion deficit -- was careering
toward a fiscal crisis. But by O'Neill's account of the meeting,
Cheney silenced him by invoking his take on Reagan's legacy.

http://www.washingtonpost.com/ac2/wp...nguage=printer

Reagan: conservative hero.
Obama: conservative devil.

IOW, Reagan good, Obama bad for doing essentially the same thing.
Typical hypocrisy from the right. LoL.