Originally Posted by Fedaykin
The debt issue didn't start until Reagan decided to say **** it and give his rich buddies a huge tax cut and then spend like a drunken salor.
For all the poo-pooing about democrats being the part of Tax & Spend, Reagan and the republicans ushered in the Borrow & Spend insanity that continues up to the present.
Only problem with your theory is that federal revenue exploded during Reagans term. The government just grew even faster.