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To: exDemMom

gee you’re right. i looked at debt compared to GDP for the past five presidents. Bush was second, obama WAY last and Clinton first.

Reagan and Bush I were third and fourth. hmm.


53 posted on 11/28/2015 8:58:22 AM PST by dp0622 (..)
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To: dp0622

When you look at deficits and debt growth, you have to look at who controls Congress, not who is president. Reagan had a Democrat Congress. For every dollar of increased revenue that Reagan gained through economic growth, the Democrat congress spent at least $1.50.

Beware of the MSM; they will always report in such a way as to make it look like Republican presidents cause irresponsible spending, while Democrat presidents are the epitome of fiscal responsibility. They get away with it because so few people understand that Congress, not the president, controls the purse strings.


56 posted on 11/29/2015 7:00:37 AM PST by exDemMom (Current visual of the hole the US continues to dig itself into: http://www.usdebtclock.org/)
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