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Politics : View from the Center and Left

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To: KyrosL who wrote (50094)	2/26/2008 1:34:09 PM
From: TimF	Read Replies (1) of 541780

The huge increases in national debt as a percent of GDP occurred during the Reagan and George Bush years, when we had a split government! But the big entitlement programs that make up a majority of the increased spending where put in place with both congress and the president where Democrats (except the most recent expansion which happened with both where Republicans). The Republicans (even when they would want to, which isn't always the case) don't have the ability to cut this spending in any meaningful way. Also the greatest amount of fiscal discipline in recent decades happened with a Democratic president and a Republican congress (the Clinton/Gingrich years) Another point to consider (whether your looking at my examples or yours) is that the sets are probably too small to make meaningful conclusions. Your talking about two presidencies, my first point is about two or three, and my 2nd point is about just one. With such small samples the particular individuals involved, and the circumstances they face, probably matter more than their party or whether or not we have divided government.

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