SI
SI
discoversearch

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.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bart13 who wrote (112690)7/20/2015 8:47:16 PM
From: GPS Info  Respond to of 217906
 
And if you don't think that a President or his party don't affect state and local total debt, then we disagree.

I really don't have enough information to determine how much a president or his party would affect local debt. I'm ready to be educated.

I would think that it's pretty difficult to determine how much of any debt is fully ascribed to any president or a political party in the US. If the House and Senate and the White House are all controlled by the same party, then you could say that one party was largely responsible for the debt accrued during that specific period, and the greater majority, the greater responsibility. However, if one party controls the House of Reps and the White House, but not the Senate, then is the overall responsibility somewhat less? If one party controls both Houses, but the other holds the White House, who would be more responsible? Congress creates the budget with only White House guidance.

Is the resolution of any of these questions useful/significant to you?