Republican (fascist/socialist) President Reagan turns the presidency over to Republican Vice President George Herbert Walker Bush. Reagan is giving to Bush a (publicly held portion of the) national debt that has expanded from 1,000,000,000 to 2,900,000,000,000 “dollars,” going from 31 to 51% of the Gross National Product, and from 4,300 to 12,000 “dollars” per person.
NOTES:
- The nation is still paying for the Panics of 1837 and 1857; the War of Federal Aggression; the Great War (World War I); the pre-New Deal; and now the Reagan Reverie through unlawful Direct (income) taxes placed upon United states subject/enemy/citizens.
- So much for conservative Republicans!
- The Democratic and Republican (status quo) parties have now maintained a -year duopoly on political power.
[restored 1/21/2023]
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:
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
“Uncle Sam’s Flag of 37 Stars,” by Tom Caldwell and Jim Lorenz
ccc-2point0.com/uncle-sams-flag-of-37-stars/
Current U.s. National Debt:
