Bitmap Frogs said:
The fact remains the current fiscal crisis was cooking up for 8 years under a Republican administration that did nothing about it. By the way, before talking about debt loving Americans you should be aware that for the last 30 years the only presidents that have turned up budget surplus have been Democrats. Every republican president since 1980 has increased debt. You know I respect everyone's political creds but for fucks sake stop waving the debt flag as a democrat bashing meme - all the republican presidents you voted for did nothing but increase national debt. edit: http://en.wikipedia.org/wiki/National_debt_by_U.S._presidential_terms Look, turns out I was wrong, the trend has been going on since the 70's. The last Republican president to reduce the debt was Nixon. |
Actually, I thought no president had actually paid down the debt or ran a balanced budget in recent history and the only reason presidents look like they're reducing debt by your measure is because the debt is increasing at a rate below the rate GDP is increasing.
Regardless, this does demonstrate my point in that no president in recent history has been a fiscal conservative because that would require the government to reduce spending at a rate greater than taxes are reduced; which would result in smaller government, lower taxes and a balanced budget.
