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President Ronald Reagan, Walter Cronkite, Jim Brady, David Gergen, Ed Meese, George Bush, Jim Baker and Bud Benjamin, at the White House, March 3, 1981
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by Charlie Finch

Ronald Reagan campaigned for President in 1980 on a platform of slashing government spending and fiscal responsibility. Instead, under the guidance of his treasury secretary James Baker, he created the debt-dominated capitalism which is unraveling today.