@skells David Stockman: "By the time the 12 years of the Reagan-Bush administrations has elapsed, the national debt had reached $4.3 trillion, and was now 4 times the size of national debt that Carter had left behind... [deficit spending] was a political choice that changed the policy landscape forever. The Reagan-Bush deficits amounted to 3 times the average deficit that had been accrued during peacetime by FDR, Truman, Kennedy-Johnson and Carter, combined." https://www.bullionvault.com/gold-news/reagan-debt-120720142
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@skells David Stockman: "By the time the 12 years of the Reagan-Bush administrations has elapsed, the national debt had reached $4.3 trillion, and was now 4 times the size of national debt that Carter had left behind... [deficit spending] was a political choice that changed the policy landscape forever. The Reagan-Bush deficits amounted to 3 times the average deficit that had been accrued during peacetime by FDR, Truman, Kennedy-Johnson and Carter, combined." https://www.bullionvault.com/gold-news/reagan-debt-120720142