General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPast five presidents at a glance
Our Democratic presidents have saved this country a lot of money imo. Now it seems like it is time we make America work for all of us and put our programs forward like single-payer/Medicare for all.
Bandit
(21,475 posts)There is a difference between Deficit and Debt. Both Reagan and Bush* actually doubled the National Debt and every single year under Bush* we had record Deficits. Clinton actually lowered the National Debt during his last two years in Office. Deficit is on a year by year basis and should not be used in a comparison such as this.
Spitfire of ATJ
(32,723 posts)quinnox
(20,600 posts)Obama also has added a ton of money to the overall national debt. The deficit is just what they run short of every year.
That said, it is true that Democratic presidents have shown they are much more effective on the economy than the republicans.
Motown_Johnny
(22,308 posts)but I can see how it is useful for this demonstration.
The only fair way to measure the deficit and debt are by percentage of GDP.
Motown_Johnny
(22,308 posts)cascadiance
(19,537 posts)1-Old-Man
(2,667 posts)The purpose of Government is not to save money, its to responsibly invest in what is best for the majority of the people. And that is certainly something that has been lacking from Presidents from both Parties since about Reagan's time. Not since Johnson have we had a President who gave a rat's ass about the common tax payer and look what was dumped on him.
kath
(10,565 posts)Deficit reduction.
But that would involve giving a shit about ordinary people.