Posted on 10/27/2014 1:06:46 PM PDT by thetallguy24
Isn’t that the same excuse Republicans made about Congress’ spending during the Bush years because we has such a great economy?
Please don’t forget the Rocky Mountain boom that’s currently going on.
Texas is not a country. It is a state.
The deficit was declining 2005-2007 under Bush.
It was at 160 billion dollars for 2007 along with 4.5% unemployment rate.
It was at that time that the nation thought it wise to turn over governance to the democrats.
I am not slightly fazed to suggest that Democrats radically increased spending in 2007 and crashed the economy in 2008.
Not only that, but the spending Bush agreed to in 2008 was paid back to taxpayers with interest because of how the law was written.
Spending should always be measured as a percentage of GDP - and if that percentage is too high, then gov should/must shrink with the economy. But with a booming economy, I’m sure all Texas financial stats are up.
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