Reagan Administration (1 gen 1981 anni – 1 gen 1989 anni)
Descrizione:
Greatest debt accumulation in history.
Here are the reasons:
1) Tax cut --> top marginal rate went from 70% to 38%
2) Expansion of Carter's military spending
3) Higher interest rates
Aggiunto al nastro di tempo:
Data:
1 gen 1981 anni
1 gen 1989 anni
~ 8 years