Obama’s eight years saw debt-to-GDP increased at twice the rate of Reagan’s eight years.
Ok? So Obummer did it better than Reagan. One of the reasons he did is because he took a page from the republicans play book and lowered taxes while increasing spending. Remember the temporary lowering of the social security tax?
The bottom line is that the deficit and debt started to skyrocket under Reagan and continued to (with a brief leveling off during Clinton’s last years) since. Look at any graph of the debt and deficit since 1900 and it will jump out at you.
Cutting taxes and increasing spending does not balance the budget or decrease the debt.