Reagan Tries to Wipe Out National Debt with TV Home Shopping Show

Overview

It's New Years Eve and everyone is making their resolutions. Fred feels he is becoming a doormat for his customers and resolves to change. Reagan takes to the airwaves on a home shopping show in an attempt to wipe out the national debt. Kissinger, Lee Iacocca and John Madden convince Fred that he has to get an angle so Fred sheds his Mr. Nice Guy image and in turn becomes a media hero. He snaps out of it in time to bail out Sean Penn. Ed Asner stops by for a drink and Reagan mistakes him for Gorbachev.