Quote:
Originally Posted by DGG
The Reagan administration did put a lot of emphasis and money on the military, but the purpose was hardly a Keynesian economic purpose. Reagan believed that the Soviet Union was an empire of evil and that the USA in particular and the Free World in general needed a strong military defence against the military threat of communist regimes.
|
Reagan oversaw the largest increase in descretionary spending in American history - only to be outdone by GW Bush.
Reagan also passed the largest tax increase in American history.
And that Soviet build up that Reagan was supposedly trying to counter? It was made up by the CIA out of thin air.