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Politics : American Presidential Politics and foreign affairs

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To: TimF who wrote (36001)7/17/2009 1:41:32 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
Re: Many of the points raised are also directly relevant to the "We've increased debt less under Democratic presidents" argument.

I only noted that EVERY PRESIDENTS' TERM --- since WW II --- had succeeded in paying down the massive accumulation of federal debt we had on the books... up until Reagan, Bush, and then Bush the Second.

(I did not venture opinions about 'why that happened' during those 20 years when it increased, nor about why all the others were able to pay down debt and the Bushs and Reagan could not. Aside from one probably glaringly obvious point: that the key seemed to be growing GNP simultaneously with not increasing federal spending as fast as GNP was increasing. Aside from that one lone comment, II merely observed the indisputable historical facts in the national debt chart.)

Re: "You have to count the massive levels of debt under Obama in the Democratic category."

I will... just as soon as it is logged into the history books --- same as with all the other Presidents since WW II.
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