There is much in the May 7 Examiner editorial I agree with. The need to drastically reduce the national debt, the need to rethink and reform federal government spending. that these efforts will involve a great deal of pain. I also appreciate the historical perspective and thoughtful tone. However, I differ with what it will take to reduce the unsustainable debt.
It is a rather startling fact that under Ronald Reagan the national debt grew by 188%, twice the rate of any president since then. (Bush 1 54%, Clinton 32%, Bush 2 105%, Obama 88%, Trump 36%, Biden 21%.) Part of the reason for the huge increase under Reagan relates to our current debt crisis.
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