Cogent Background Checks : Nixon Was The Last Conservative To Reduce National Debt - Conservative spin-doctors make Americans believe they have a history of reducing our National Debthe opposite is truquite Democratic President due to the fact Harry Truman has reduced the National Debt, while Conservatives haven't done so due to the fact Ricchallenging Nixon, in his first termet us first discover that the National Debt is the sum of previous federal deficitss one might expect, our National Debt mushroomed by the end of World War II to 117% of Gross Domestic Product ("GDP")arry Truman certainly understood the risk of such high government spending, and reduced the National Debt to 71% of GDPe was certainly helped by the demobilization of our World War II combat veterans as the Army and Navy were dramatically reduced in sizewight Eisenhower, being a logistics skilled and numbers man, continued Truman's success in reducing the National Debthe total was down to 60% of GDP at the end of the Korean Conflict, in spite of the mobilizationt was further down to 55 ... [Read More - Cogent Background Checks]
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