Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (309570)	11/7/2006 5:30:39 PM
From: TimF	Respond to of 1586289

Then why do you think the budget deficit as a percent of GDP was declining during the time the Dems were in control? In the begining of the post war period, the draw down from WWII made it easy. The draw down went to far (witness our problems at the begining of the Korean War) but it did save a lot of money. As to "when the Dems are in control", they where in control over both houses of congress for most of the whole chart at the link you posted, and where in control of at least one house for an even greater percentage. There where only a few years when the Republicans where in control of both houses and the Oval office, all under Bush. Deficits increased under Bush. There are some pretty good reasons while they did, but even taking them in to account Bush did a poor job in this area. However I don't think that its fair to label an entire party over a multi-decade period for the actions of one president, and essentially one congress. I am talking about the last 50 years since WW II. I think that's more than an adequate piece of time to consider for this discussion. Of course. 50 years provides you with the data you want, much better than 70 years, so obviously its a much better time frame to use.