After four years of Reagan's first term (1981-1985) the US National Debt had risen by $650 billion (British 'thousand million'). As a comparison, this four-year amount is $100 billion (Thousand Million) less than President George W. Bush gave to Wall Street bankers at the end of 2008. After four years of Reagan's second term (1985-1989) US National Debt rose an additional $1.04 trillion (British 'billion'). As a comparison, this is $400 billion (British 'thousand million') less than the combined 2008 Bush Wall Street Bailout plus the 2009 Obama Economic Stimulus Package.
The debt went up because Congress reduced taxes and increased government spending.
The debt rises whenever the money spent by the government exceeds the amount collected in revenue. Reagan's administration had the theory that lowering income tax rates would stimulate economic growth and actually result in increased revenue but revenue actually went down.
$2 trillion
Reagan was a conservative; he was pro-free taxes and gave many tax cuts to people and funded a lot of money in programs without taxing. As a result many people were unemployed and the debt grew.
His debt was bigger than all of his predecessors combined
It almost trippled. From 800 billion to over 3 trillion
He quadrupled the National debt
3 Trillion Dollars
Defense spending
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It increased
During the eight years of Ronald Reagan's presidency the US national debt experienced a three fold increase. In 1980 the debt stood at 712 Billion and rose to 2, 052 Trillion during his term
decrease
Oxygen and carbon dioxide increase and decrease in the lungs.
The National Bank; there were disagreements over it during Jackson's presidency.
No!
During his presidency the national debt was held steady until the war began and all money went towards wining the war.
Elimination of the national bank
decrease
The national debt dropped significantly during the Reagan years.
When Jefferson was president there really wasn’t any federal employment like we have today. The government has added services and offices since his presidency.
During evaporation the density increase.