Democratic (socialist/fascist) President Carter turns the presidency over to Republican (fascist/socialist) former governor Ronald W. Reagan, of the republic of California. Carter is giving to Reagan a (publicly held portion of the) national debt that has expanded from 700,000,000,000 to 1,000,000,000 “dollars,” going from 3,200 to 4,300 “dollars” per person, but falling from 34 to 31% of the Gross National Product.
NOTES:
- The nation is still paying for the Panics of 1837 and 1857; the War of Federal Aggression; the Great War (World War I); and the pre-New Deal through unlawful Direct (income) taxes placed upon United States subject/enemy/citizens.
- The Democratic and Republican (status quo) parties have now maintained an 84-year duopoly on political power.
- In his first official act, Commander-in-Chief Reagan issued a memorandum freezing the number of Federal employees (French for “government workers”).
Postscript: At the end of Reagan’s eight years in office the number of Federal employees grew almost 10% to nearly 3,000,000.
[restored 11/25/2022]
Subsequent Events:
Authority:
Article II, Section 1 [Clause 8]
ccc-2point0.com/constitution-for-the-united-states
Article XII of Amendment
ccc-2point0.com/constitution-for-the-united-states
References:
Memorandum Directing a Federal Employee Hiring Freeze | The American Presidency Project
www.presidency.ucsb.edu/documents/memorandum-directing-federal-employee-hiring-freeze
Government – Historical Debt Outstanding – Annual 1950 – 1999
www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo4.htm
List of Presidents of the United states – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/List_of_Presidents_of_the_United_States
Measuring Worth – GDP result.
www.measuringworth.com/datasets/usgdp/result.php
Bureau of Economic Analysis is an agency of the U.S. Department of Commerce.
www.bea.gov/national/index.html#gdp
Leviathan on the Right (How Big-Government Conservatism Brought Down the Republican Revolution) | Strike-The-Root: A Journal Of Liberty
www.strike-the-root.com/71/lfb/lfb1.html
Current U.s. National Debt:
