Surprised when I read it, but the Reagan military buildup began under Carter in 1979, when military spending rose dramatically.
Billions of 2002 dollars, average annual military expendure for four year term
Harry $228.0
Ike-1 399.1
Ike-2 352.7
King Arthur & Sir Gallahad 360.0
Sir Gallahad 387.7
Dick 389.7
Dick & Gerry 297.5
Doofus 292.9
Ronaldus Magnus-1 351.3
Ronaldus Magnus-2 421.6
Pops 393.8
Slick-1 331.6
Slick-2 303.0
Hussein-Bane 348.9
Peanut farmer presided over the lowest period of average annual military spending since the end of WWII.