Crumbling Under Debt

#juan

Hall of Fame Member
Aug 30, 2005
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Well Toro,

All countries began to cut their spending and pay down their debt after the second world war. The debt plummeted under Truman and Ike kept it going. Kennedy and LBJ continued to lower the debt. The falling debt began to level out and climb a bit under Nixon and Ford. Under Carter it fall again but it rose dramatically under Bush and Reagan. Under Clinton the debt dropped again. We know what happened under GW.