| HappySqurriel said: 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. |
Clinton did run a balanced budget, he didn't use the surplus to reduce debt tho.
But the point stands, the whole "republicans are fiscal conservative while democrats run the nation into debt" is a myth that gets votes for the GOP while the dems actually work towards balanced budgets. Until Obama, of course.
Current-gen game collection uploaded on the profile, full of win and good games; also most of my PC games. Lucasfilm Games/LucasArts 1982-2008 (Requiescat In Pace).
