Hot Air reader Diane R sends us this blast from the past — from 1986, in fact. WR Grace exec J. Peter Grace paid director Ridley Scott $300,000 to produce this 60-second commercial scolding America for its deficit spending during the Reagan administration:

The best way to describe this is, well, quaint.  A $2 trillion national debt?  Horrors!  In actuality, using the Barack Obama budget plan, we’ll be looking at a national debt ten times larger than that by 2017.  Do you think Ridley Scott will want to update this commercial with Obama in the dock instead?  Naaaaaaaaaah.

Addendum: WR Grace is, at the moment, defending itself in court against allegations of conspiracy to cover up the dangers of asbestos exposure in its Montana mining operations.