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To: Metacomet who wrote (59434)11/14/2006 3:13:08 PM
From: Robert Beatty  Read Replies (3) | Respond to of 116555
 
> Considering that he was saddled with the debt service
> already incurred on the massive deficits under GOP idiots I
> & II, Reagan and Bush I, he was lucky to even achieve the
> partial return to fiscal sanity that he did achieve.

All spending bills originate in the House of Representatives. The President has little direct control over spending except for a final veto. During all of the Reagan and Bush years, Democrats had control of the House. Republicans took control in 1994 and were in control during most of Clinton's terms. To blame Reagan and Bush I for the deficits and to credit Clinton for "surpluses" is a gross distortion of the actual truth. However since 2000, those in control of the Republican Party have lost all sense of fiscal responsibility.(It took only 6 years!) So both parties are equally guilty in my eyes.

Come to think of it, the American people as a whole(for the most part) are guilty of it too. We have come to expect government to fix all of our problems. We expect something for nothing. We are willing to confiscate and spend someone else's money in a heartbeat. We are willing to accept an obscene amount of debt to get instant gratification today. The liabilities and unfunded financial promises of Social Security, Medicare, the Prescription Drug Program, etc. will eventually bankrupt our country. But few seem to care or even comprehend the scope of the problem.