What's so special about 1980?
The US went from a net credit nation to a net debit nation.
During the Reagan years, the nation first passed a trillion dollars in debt.
The roots of the current troubles go back to that point. If the American people had shown as much concern about the debt back then, as they do now, it’s quite likely you wouldn’t be sitting on a debt that is quickly heading to 20 trillion dollars.
As I said, that wasn’t a shot against Reagan or the Republicans. That was merely a comment on America’s debt.
43,000 marchers 17,000 World War I veterans, their families, and affiliated groups who gathered in Washington, D.C., in the spring and summer of 1932 to demand immediate cash-payment redemption of their service certificates where ordered to "clear out" by the President and Commander in Chief at that time.
Then Army Chief of Staff General Douglas MacArthur commanded infantry and cavalry and supported by six tanks drove The Bonus Army marchers (with their wives and children) out of Dodge; their OWS-styled shelters and belongings burned to the ground.