national debt under reagan

national debt under reagan
Why the national debt as much as Republicans?

compared with the Democrats? Public debt to GDP ratio (the rich who are) reached its lowest level since 1931, Reagan took office. Rose from 12 years with Reagan and Bush I. Clinton reversed a maximum 67%. Bush II, who crossed the line, Sept. 22 and beaten 69% to 30 September. This is the most watched since 1955 (53 years). Http: / / zfacts.com/p/318.html

as a poster already mentioned that the Republican Party wants to increase spending with tax increases. They also are great at borrowing money from other countries as they increase their spending. We are indebted to China for big $ because of the necessary funding for the war in Iraq.



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