Johnsonomics

With interest on the national debt at $100 billion annually, and the total debt at $1 trillion, these figures are not Reaganomics but Johnsonomics coming home to roost with an assist from Richard Nixon, Jerry Ford and Jimmy Carter.

This has been the going rate for as long as I can recall, and that goes back long before Reaganomics or Johnsonomics, or just about any nomics that can be mentioned.

The Eagle quotes Professor Shapiro as being “infuriated by Reagonomics.” Would he be less infuriated by Trumanomics or Johnsonomics, with another nice little war to drive the suicide rate down?

“Reaganomics and its failure is the same as Carteronomics, Johnsonomics and Nixonomics,” David W. Ring said at an hour-long faculty seminar at the college’s Hunt Union yesterday afternoon.

I don’t understand Reaganomics and never have. Of course I never understood Carternomics, Fordonomics, Nixonomics, Johnsonomics, or Kennedynomics either. The best I have been able to figure out is that you just send all you can to Washington and hope to get a little in return.