It wasn’t LBJ. I’ve researched the debt and deficit extensively. The debt and deficit started to skyrocket under Reagan and pretty much continued (with a little bit of leveling off under Clinton) under all other Presidents. Hate to say it but the tax and spend policy of the conservatives is what has really caused this problem. We need to cut spending and raise taxes to get this problem under control.
Obama’s eight years saw debt-to-GDP increased at twice the rate of Reagan’s eight years.
Raising taxes will harm the economy.
We need to cut spending. Both parties spend too much; Democrats do it more.
Again, the numbers I cited are valid.