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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: RMF who wrote (44226)	7/19/2010 2:39:54 PM
From: TimF	2 Recommendations Read Replies (1) \| Respond to of 71588

Reagan was the guy that was "perfectly set up to have surpluses". Not at all. He had a very deep recession at the beginning of his term. The hangover from high inflation and unwise government interference that occurred during the time his predecessors where in office. He had a congress that didn't support the idea of restraining spending, esp. domestic spending, he had a military that had faced a serious decline in numbers, readiness, and equipment quality, and he had a still active cold war to deal with. He was set up worse in terms of having a good fiscal situation than any other president after him, with the debatable possible exception of Obama.