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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: Ivan Inkling who wrote (40950)	2/4/2010 5:43:37 PM
From: TimF	1 Recommendation Read Replies (2) \| Respond to of 71588

Food for simplistic and mostly inaccurate thought. Label it by the party with the most power in congress, and you'll see a very different story. Of course that would be simplistic as well since there are many other factors affected the deficit, and also delay periods before the results of policies can take effect.

To: Ivan Inkling who wrote (40950)	2/5/2010 1:03:55 AM
From: DuckTapeSunroof	Read Replies (1) \| Respond to of 71588

Re: President Ronald Reagan is the first President to increase the National Debt by more than $100 Billion in one year! President Ronald Reagan is the first President to increase the National Debt by more than $200 Billion in one year! President George H.W. Bush is the first President to increase the National Debt by more than $300 Billion in one year! President George H.W. Bush is the first President to increase the National Debt by more than $400 Billion in one year! President George W. Bush is the first President to increase the National Debt by more than $500 Billion in one year! President George W. Bush has increased the National Debt by more than $500 Billion AGAIN! Almost hits $600 Billion! President George W. Bush has increased the National Debt by more than $500 Billion a THIRD time! President George W. Bush has increased the National Debt by more than $500 Billion a FOURTH time! President George W. Bush has increased the National Debt by more than $500 Billion a FIFTH time! Etc..... ------------------------------------------------------------ Facts are pesky things... fortunately for the politicians though is that no one pays much attention to history these days.... :-( ------------------------------------------------------------ Heritage Org's chart showing all Federal Deficits by recent Presidents: Message 25424228 Presidents and the Federal Debt White House Data Confirms: Reagan-Bush Administrations Created Post-WWII Federal Debt: Message 25778182 I looked up how much the REAL U.S. Federal Debt went up, or went down, under each of these post WW II Presidents... (the ones who were President during most of our lives). ("Real Debt" means the national debt in Dollars, adjusted for inflation, and measured as a percentage of the Gross National Product - G.N.P. - of the United States. The way most economists prefer to look at a nation's debt.) Message 25406406 Republican Deficit Hypocrisy Forbes Bruce Bartlett, 11.20.09, 12:01 AM ET forbes.com The human capacity for self-delusion never ceases to amaze me, so it shouldn't surprise me that so many Republicans seem to genuinely believe that they are the party of fiscal responsibility. Perhaps at one time they were, but those days are long gone. This fact became blindingly obvious to me six years ago this month when a Republican president and a Republican Congress enacted the Medicare drug benefit, which former U.S. Comptroller General David Walker has called "the most fiscally irresponsible piece of legislation since the 1960s." Message 26116737 Who Gets the Blame for the Deep Deficit? Message 25902563