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Politics : View from the Center and Left

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To: Jamie153 who wrote (474709)

6/10/2021 12:48:10 PM

From: koan

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At the end of Clintons presidency the CBO?, predicted the debt would be paid off in 12 years.

Then Bush cut the taxes on the rich saying the Government should not have so much money and started two bullshit wars, and he sure fixed that problem of the government having too much money!

<,

Yes, but how did we get here? You want to blame the lack of a gold standard, but the debt was falling until Reagan cut taxes. Since then, the US debt has increased $27 trillion. Republicans did this to us, not gold. They refuse to raise taxes and they always cut them.

Blaming gold gets them off the hook.

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