Yea, Reagan put us further into debt by building up nuclear weapons. Only reason why Russia backed down because they couldn't afford it. The whole star wars thing. really!!! I don't have any respect for a president that barries the nation into debt.
Could someone please explain what the big deal is about national debt? I don't get it. The government gets it's income from taxing the people. When the government has a surplus it means it's taxing people too much. When the government is in debt it sells bonds which allow people to invest and have a stake in the country. Having a debt lowers the value of the US$ which means other countries can afford to by products manufactured in the US. When the country had a surplus the US$ was at an all time high against other currencies and the nation was in a recession. National debt does not equate to personal debt.
Jim
