Quote:
Originally Posted by lksteve
Nope...recovery from the Vietnam era and serious inflation...President Carter inherited double digit inflation from President Ford...I recall some serious inflation under Ford, but no cost of living adjustment was made to military pay because we were going to Whip Inflation Now...didn't happen...it worsened during the Carter years, but to say his four year term was the cause of the deficit in the 80s would be somewhat incorrect...
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Sir I yield to you on that one. It was my impression that Reagan had to spend more to rebuild the military... On a tangent, do you remember some payrole issues in 77 & 78? I was on the young side in those days, and I just assumed that sometimes you didn't get paid in October when you were in the Army...
If my three years had been with Reagan rather than Carter, I may have stayed in and navigated down your path. Such is life.