Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
GOP Presidents Have Been the Worst Contributors to the Federal Debt
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="beentheredonethat" data-source="post: 1047412" data-attributes="member: 4886"><p>Ummm, check your facts. </p><p><a href="http://en.wikipedia.org/wiki/History_of_the_United_States_public_debt" target="_blank">History of the United States public debt - Wikipedia, the free encyclopedia</a></p><p></p><p>If you use this web site, the part of having 3.7 trillion in total debt is correct. Debt is total debt of the U.S. whereas deficit is the debt incurred in one year. Basing your numbers on adjusted federal debt as of 1989 when Reagan left office (3.7 Trillion), Carter left with adjusted debt of 1.78 Trillion dollars. (You can't use adjusted debt to prove Reagan got to 3.7 trillion, then switch to non adjusted debt for prior presidents). </p><p></p><p>In this instance, I disagree with both parties. Both parties are responsible for the debt. Both want to gain favor with their constituents by "bringing home the bacon" and also reducing taxes. My dad was a staunch democrat. I leaned more conservative. But I totally agreed with him on this point. For every dollar that the govt wants to write a bill for to "spend" money, they should also vote for a tax to pay for that spending on that same bill. They shouldn't be allowed to vote for spending and not have a way to pay for it. This hopefully will reduce some of the crazy spending that is going on. </p><p></p><p>Did Reagan have large deficits, yes. I disagree with much of that spending. I find it amazing though that after almost 4 full years, the best you guys still have is that it's Bush's fault. If your guy can't fix it in one term, why should we vote him in for another?</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 1047412, member: 4886"] Ummm, check your facts. [url=http://en.wikipedia.org/wiki/History_of_the_United_States_public_debt]History of the United States public debt - Wikipedia, the free encyclopedia[/url] If you use this web site, the part of having 3.7 trillion in total debt is correct. Debt is total debt of the U.S. whereas deficit is the debt incurred in one year. Basing your numbers on adjusted federal debt as of 1989 when Reagan left office (3.7 Trillion), Carter left with adjusted debt of 1.78 Trillion dollars. (You can't use adjusted debt to prove Reagan got to 3.7 trillion, then switch to non adjusted debt for prior presidents). In this instance, I disagree with both parties. Both parties are responsible for the debt. Both want to gain favor with their constituents by "bringing home the bacon" and also reducing taxes. My dad was a staunch democrat. I leaned more conservative. But I totally agreed with him on this point. For every dollar that the govt wants to write a bill for to "spend" money, they should also vote for a tax to pay for that spending on that same bill. They shouldn't be allowed to vote for spending and not have a way to pay for it. This hopefully will reduce some of the crazy spending that is going on. Did Reagan have large deficits, yes. I disagree with much of that spending. I find it amazing though that after almost 4 full years, the best you guys still have is that it's Bush's fault. If your guy can't fix it in one term, why should we vote him in for another? [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
GOP Presidents Have Been the Worst Contributors to the Federal Debt
Top