The footage begins with the former president asking if the coffee being served is decaffeinated. The Queen calls replies ‘No, it’s ordinary’ before calling over a waiter to request some, then telling Mr Reagan ‘We try our best. It’s coming.’
Their conversation then turns to economics. Mr Reagan, who finished his second term as president in 1989, told the British monarch: ‘Now if you’ve got two thirds… paying for the bureaucrats and give only one third to the needy people, something’s wrong there.’
The Queen responded by saying that ‘democracies are bankrupt’ because of such policies.
‘But you see all of the democracies are bankrupt now, because of the way the services have been planned for people to grab,’ she told him.
Yep.