OT - Moving to Japan
On 3/17/2011 4:23 PM, (PeteCresswell) wrote:
Per Edward Dolan:
Under Carter/Clinton the federal deficit was reduced by 13%.
Under Reagan/Bush it was increased by 62%.
Clinton was only able to reduce the deficit because of pressure coming from
a Republican Congress. But Bush was a big spender and did not even have
brains enough to defend our borders from illegal aliens. But no one in the
world can spend like liberal Dems. Obama is bankrupting the country.
[...]
That's what a lot of Republican damage-control types say, but
observe (in the link above) that after Clinton, G.W. Bush had a
Republican congress for six of his eight years in office, yet
they managed do add 15.1% to the national debt.
And that's not to mention Reagan with his Republican congress for
what? 8 years? that managed to run up the credit card by an
additional 20.6 percent.
All the while managing to convince their base that they were
champions of fiscal responsibility and the Dems were not.
Something that they still seem able to do.
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