Quote:
Originally Posted by epitome
It all started with Reagan. I cannot believe that so many people think that man was a hero. He made it OK for every President after him to spend recklessly.
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Agreed, Regan was the first president in this country's history to ever double the national debit during peace time. Since then, each Republican President has followed suit in doing the same. Bush Sr set new records doing it in just under 4 years while Clinton was the only recent president since Regan to not double the debit.
Still though I'm not happy about the 9 bil thing.. its gonna be hell on this country if that's accurate..However this has been building up for years now and it appears that it's time to pay the piper for all the reckless spending the last 20 years.