Reagan Legacy
In response to Robert J. Samuelson’s “Reagan’s Legacy Needs No Slogan” (Op-Ed Page, Jan. 11), I wish to suggest that he is wrong and that a very appropriate slogan would be “Borrow and borrow, spend and spend.” Given his statement that the debt “nearly tripled since 1980 to more than $2.6 trillion” it seems fair to ascribe about $1.7 trillion to the Reagan Administration.
If one divides $1.7 trillion by 250 million, the present U.S. population, the per capita increase in debt is $6,800 during the Reagan Administration. For a family of four, this is $27,200 in the last eight years. I hope all of the people who voted for Reagan feel that they have obtained their family’s share of this debt increase in either tax reductions or additional benefits.
I believe that there would be a certain poetic justice if Reagan were to be remembered as “Big Red,” the champion of deficit spending and debt increase.
HAL ENGEBRETSON
Yorba Linda
More to Read
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox three times per week.
You may occasionally receive promotional content from the Los Angeles Times.