Friends2
Gold Member
- Sep 15, 2022
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- #181
The national debt tripled because Reagan reduced the top tax rate from 70% to 28%.The national debt tripled because Tip O'Neil made a deal with Reagan to cut two dollars of spending for every dollar of increased taxes and just like on immigration, they got their tax increases and reneged on the spending cuts. Reagan also had to rebuild our military after Carter and his democrat congress had destroyed it. I was on active duty the second time during the Carter years and there was no budget for anything. We couldn't train, we couldn't even go to the range to qualify on our weapons. There was no money for vehicle parts. For a couple of instances, the batteries on my Five ton Dump Truck were worn out. Base maintenance had us pull them and take them to their shop where they drained the old acid and added new. They said it would do no good, but there were no new batteries anywhere in the supply system. They were right, the plates in the batteries were worn out. Another time someone broke the windshield in my Gamma Goat. When I left the unit almost two years later, we still hadn't received a replacement FOR A PIECE OF GLASS. So Yeah Reagan had ort spend money.
In addition:
"Reagan significantly increased public expenditures, primarily the Department of Defense, which rose (in constant 2000 dollars) from $267.1 billion in 1980 (4.9% of GDP and 22.7% of public expenditure) to $393.1 billion in 1988 (5.8% of GDP and 27.3% of public expenditure)"
Reaganomics - Wikipedia
Reagan's military buildup was completely unnecessary. The United States was at peace. The Soviet Union was losing its war in Afghanistan.
In 2013 the United States spent more on our military than China, Russia, the UK, Japan, France, Saudi Arabia, India, Germany, Italy and Brazil.
I am confident that when Jimmy Carter was president the United States spent more on the military than the Soviet Union, China, and a few other countries. Correct me if I am wrong, but document your assertion.
We out spent the Communists in Vietnam. They still won a total victory. The best financed, best equipped military in the world could not defeat the Taliban in twenty years. You cannot blame the Democrats for that. Bush II and Trump had the opportunities to defeat the Taliban. Both failed.
The U.S. military should be seen as another government spending program that does not work. The reason we waste so much money on that boondoggle is that military contractors are major campaign contributors, and the military is the Republican jobs program.