April 19, 2009 at 12:00 am #20976
Dot
Participant
Reagan DID inherit from Carter the debt Kennedy and Johnson ran up funding the Vietnam War, HOWEVER… Reagan’s great boom era was financed by borrowing us into the hole. Most independent thinkers (i.e. not members of either of the major political parties in the U.S.), are now more realistic about the Reagan years. Reagan set into motion the undermining of banking regulations that landed us where we are now. And Clinton helped the process along. No president is perfect and party politics have destroyed the country.