woodguru

Here is the record for multiple administrations and control...

Republicans
Bush senior...spent excessively, left a large budget deficit
GW Bush......took Clinton's budget surplus, cut taxes and went on to destroy the economy, leaving large deficit
Trump..........the overachiever, took a $500 Billion deficit and created $4 Trillion and added more than $10 Trillion, in
only four years, just imagine where we would be if he had another four

Dems
Clinton...Took over an excessive budget deficit, raised taxes and left with a budget surplus
Obama...Took over from Bush at close to a Trillion, under half that when he left
Biden.....Budget deficit at $3.8 Trillion from trump, already cut by half in two years

So really, if you don't want to be accused of making truly i***tic statements about democrat's reckless spending and republicans being the responsible ones, get your facts straight.

BIRDMAN

padremike Loc: Phenix City, Al

C'mon man, W's deficit was caused by Barney, The Rump Ranger, Frank and his subprime grievous error that almost "done us in" and which the Black Mamba thereafter handled horribly.

Liberty Tree

Hopeless

son of witless

I accuse you " of making truly i***tic statements ". The Biden comment is beyond idiocy. The Trump spending was because of c***d. Biden had less than zero to do with bringing it down. It would have come down further if not for your boy Joe the imbecile.

Milosia2 Loc: Cleveland Ohio

Nothing gets through their little pork skulls.

elledee

Said the Queen of pork skulls

Kelly34

I see you are very high on Clinton, explain how when he came in the U.S. had a national debt of 4 trillion and when he left the U.S. had a debt of 6 trillion? There was no budget surplus. In fact, far from a $360 billion reduction in the national debt in FY1998-FY2000, there was an increase of $281 billion. Clinton paid down the public debt by borrowing far more money in the form of intragovernmental holdings (mostly Social Security). 128 billion was taken from Social Security money that would by today's standards would have put $1200 to $1600 on recipients checks. Clinton was not the only President to do this but no other President has claimed a budget surplus.This claim such as it is, has to do with Washington doublespeak and political smoke and mirrors, nothing more. I am surprised that anyone with an intelligence Quotient above r****ded would believe such a lie. Clinton was the original Joe Biden and could not tell the t***h about anything, I guess he learned it from Hillary. At the Democratic National Convention, Bill Clinton famously opined that 'arithmetic' was the magic trick that enabled him to be the last President to provide a budget surplus not any spending policy or fiscal responsibility.

MidnightRider

Look at the deficit now, $123Trillion. $12 Trillion for the big guy? I know what Trump did, not really his choice at times. If you remember back Bathhouse Barry started the Trillion dollar surpluses.

BBZ Loc: Long Island, NY

Clinton's final four budgets were balanced budgets with surpluses, beginning with the 1997 budget.
The ratio of debt held by the public to GDP, a primary measure of U.S. federal debt, fell from 47.8% in 1993 to 33.6% by 2000. Debt held by the public was actually paid down by $453 billion over the 1998-2001 periods, the only time this happened between 1970 and 2018. He had budget surpluses for fiscal years 1998–2001, the only such years from 1970 to 2018. However, this remarkable success did not stop conservative pundits from trying to discredit this achievement. Their argument essentially goes like this: Although debt held by the public was reduced, the surplus funds paid into Social Security were used to pay those bondholders, in effect borrowing from one pocket (future Social Security program recipients) to pay down the other (current bondholders), such that total debt rose. However, while this is true, this is also how the proverbial "math works" for all the other modern Presidents as well. It is not accurate to discredit the exceptional fiscal austerity of the Clinton era relative to other modern Presidents, which nevertheless coincided with a booming economy by virtually any measure. It is also relevant to point out that this booming economy occurred despite Republican warnings that such tax increases on the highest income taxpayers would slow the economy and job creation. Perhaps the boom would have been even greater if larger deficits had been run, but this was not the argument made at the time.

Smedley_buzkill

I think you don't know the difference between deficit and debt. Clinton was forced to whittle down his budget because there was a truly Conservative House instead of the milquetoast suck ups we have now. Obama added more to our national debt than his 45 predecessors combined managed to do in more than 200 years. The debt is what you owe. The deficit is how much you spend beyond what you have. Obama cut the deficit by doubling the debt. Biden has done the same. What you just said is that Obama paid down the deficit with borrowed money. So did your boy the Senile S**tweasel. Borrowing money to make payments on a charge account, and you think that's a good thing. Dios nos ayude.

nonalien1 Loc: Mojave Desert

Yeah! What he said

microphor Loc: Home is TN