Why Did the Deficit and National Debt Triple Under Reagan and Bush?

Carter realized the peak oil crisis, and tried to maneuver us away from the dependency of oil. As usual of democrats, he was looking out for the future. This almost always comes at an expense of the present, which most people are against.

Reagan knew how to appease the people, to sustain or quench at the expense of those in the future. Such as ignoring peak oil, bypassing alternative fuels, selling weapons to terrorist organizations. Reagan was not a hero, he just sold us out.

He sold out the future of America to appease immediate needs, as is usual for republicans.

If you look at the 1980's, every government on the planet was running deficits and accumulating debt. Alot of this was due to the double digit interest rates of the early 80's recession. What Reagan did was cut tax marginal tax rates that were hovering around 80% at its peak, which is worse than socialist nations.

By reducing tax rates he actually increased tax revenues (what a novel concept). Ever heard of optimal taxation? Reagan also got inflation under control and GDP grew at rates highest since WWII.

But his economic record is marred by the accumulated debt and rapid decrease in household savings rates. In real dollars today the debt under Reagan grew from $1.79 trillion to $3.76 trillion so he doubled not tripled the national debt.

I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.

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