A Firing Line Debate: Resolved: That Reducing the National Deficit in the Next Four Years Is a Top Priority

Firing Line Videos, Hoover Institution, taped on December 8, 1992, uploaded to YouTube on March 5, 2015.

Guests: James Dale Davidson, Warren B. Rudman, Clive Crook, Lester C. Thurow, Robert Kuttner, Robert Eisner, David A. Levy


Ronald Reagan had warned of “social, cultural, political, and economic upheaval” if the national debt was not brought under control. “Was Ronald Reagan wrong,” asks Michael Kinsley, “in what he said about the deficit 12 years ago, or was he wrong in what he did about it?” Amid the debaters’ usual fun and games, the history and theory of taxing and spending are discussed.