'Welcome back,' ballooning budget deficits - High Plains Blogger
Ronald Reagan and his fellow Republicans made lots of hay in 1980 about the “spiraling” budget deficit during that presidential election year. It totaled a whopping $40 billion. The GOP presidential nominee’s campaign ridiculed those big-spending Democrats en route to a smashing landslide election victory over President Jimmy Carter. Ah, yes. Republicans were the party … Continue reading ‘Welcome back,’ ballooning budget deficits →