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It is true that Reagan campaigned against Carter's 'profligate' spending. But then it's also a fact that Carter (2.6% in 1980) had reduced Ford's deficit (4.1%
by CalChris 2y ago
It is true that Reagan campaigned against Carter's 'profligate' spending. But then it's also a fact that Carter (2.6% in 1980) had reduced Ford's deficit (4.1% in 1976) and then Reagan's deficit (5.9% in 1983) greatly increased Carter's. Reagan's Secretary of Defense Dick Cheney summarized the Reagan governing philosophy as deficits don't matter.
- oh_my_goodness 2y agoAlmost 50 years later, borrow-and-spend politicians still sell themselves to US voters as fiscally responsible.