Ronald Reagan Addresses the Growing National Deficit Ca. 1982Ronald Reagan Addresses the Growing National Deficit Ca. 1982
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Downloadable Video, 1982
Current format, Downloadable Video, 1982, , All copies in use.
Downloadable Video, 1982
Current format, Downloadable Video, 1982, , All copies in use. Offered in 0 more formats
When he campaigned for office, President Ronald Reagan argued that the lack of a balanced federal budget was responsible for inflation and the nation's recession. Once in office, he again argued for a balanced budget. During his years in office, however, the federal deficit rose to $79 billion to $3 trillion as a result of increased defense spending and an adherence to supply-side economics.
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