![Discussion Forums](/images/2016/spacer.gif)
Quote HistoryQuoted:
The buildup in military spending that occurred during the Reagan admin came after the runaway inflation of the late 70s and early 80s had stopped. Not vice versa as you state.
You should take some of your own advice about books.
View Quote
Stopped? LOL you. My first mortgage, in 1983, was 12%. It was still 9% in about 1987, when I refied. 9%.
Well into Reagan's second term. which began in Jan. 1985.
Here's Reagan's record on the military buildup:
Reagan sharply accelerated the massive military buildup started by the Carter administration in response to the Soviet intervention in Afghanistan.[62] This buildup, a 40% real increase in defense spending,[63] included the revival of the B-1 bomber program, which had been cancelled by the Carter administration;[64] the deployment of Pershing II missiles in West Germany; the increased enlistment of thousands of troops; and a more advanced intelligence system.[64]
https://en.wikipedia.org/wiki/Domestic_policy_of_the_Ronald_Reagan_administrationYou have no clue. None. I lived it. I was a grown-ass man at the time. With a mortgage and a family. What were you doing at the time?
Books. Get one. Read one.