US National debt has reached $64 Trillion

04-27-09, 03:30 PM

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and ended when his successor threw the entire Treasury plus a few odd billion at the problem to make it better

Like Reagan did?

Zachstar · 04-27-09, 03:32 PM

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Originally Posted by Tribesman

Like Reagan did?

ZING!

SteamWake · 04-27-09, 04:01 PM

If I remember correctly Regan was handed a recession and did an admirable job of turning it around.

Stealth Hunter · 04-27-09, 04:46 PM

The same one Carter inherited from Ford and Nixon.

04-27-09, 06:43 PM

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If I remember correctly Regan was handed a recession and did an admirable job of turning it around.

Which he did by nearly quadrupling the national debt in a very short time .
Though of course Reagan had one big advantage , the legacy he recieved didn't include a crazily expensive unwinnable war .

August · 04-27-09, 07:24 PM

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Originally Posted by Tribesman

Which he did by nearly quadrupling the national debt in a very short time .
Though of course Reagan had one big advantage , the legacy he recieved didn't include a crazily expensive unwinnable war .

The cold war was plenty expensive, and as of 1980 still hadn't been won although it had been going on for 35 years.

04-27-09, 04:01 PM	#3
SteamWake Rear Admiral Join Date: Mar 2005 Posts: 13,224 Downloads: 5 Uploads: 0	If I remember correctly Regan was handed a recession and did an admirable job of turning it around. __________________ Follow the progress of Mr. Mulligan : http://www.subsim.com/radioroom/showthread.php?t=147648

04-27-09, 04:46 PM	#4
Stealth Hunter Silent Hunter Join Date: Nov 2006 Location: Y'ha-Nthlei Posts: 4,262 Downloads: 19 Uploads: 0	The same one Carter inherited from Ford and Nixon.