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FORUMS General Discussions Politics Debt and Deficits -- Presidents and Congress
TOPIC: Debt and Deficits -- Presidents and Congress
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One sure way to know you're right is when the dufus starts cheerleading.

Pittsburgh PA
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It has been two weeks...

You are over-matched... Concede the loss. Your repub buddies can console you privately in mail.

You are looking like Don Quixote.

Milwaukee WI
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100% of the surplus.

Imperial MO
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How much did Bill borrow from social security?

Imperial MO
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DEFICIT SPENDING BETWEEN THE TWO PARTIES

July 10, 2010 by I.M. Kane

The last seven years that the Democrats have controlled both houses of Congress are 1992 to 1995, and 2008 to 2010. The last seven years that the Republicans have controlled both houses are 1999 to 2001, and 2004 to 2007. …

During the most recent seven years that the Democrats have controlled Congress, their deficits have averaged $619 billion a year, or 5.3% of the gross domestic product (GDP). During the most recent seven years that the Republicans have controlled Congress, their deficits have averaged $93 billion a year, or 0.6% of GDP. Over their entire seven-year spans, the Democrats’ deficit spending has totaled $4.3 trillion, the Republicans’ $651 billion.

Over the 14 years in question, the four highest deficits as a percentage of GDP have all occurred when the Democrats have controlled Congress. The five lowest have all occurred when the Republicans have controlled Congress. …

And none of this counts the 2011 budget. If the Democratic Congress passes a budget similar to what President Obama has proposed, it will increase deficits by another $1.3 trillion, or 8.3% of GDP (even with growth in GDP projected at a healthy 4.6%). That’s 14 times the average deficit under Republican control of Congress.

Pittsburgh PA
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home . adelphi.edu/sbloch/deficits . html

Pittsburgh PA
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"The only instances in my lifetime of Congress actually taking charge to control spending has been with Republican control."

The Democratic-controlled Congress raised total spending 3.7% annually during Clinton's first two year. The last two years of Clinton's term under a Republican controlled Congress, annual spending increased in the neighborhood of 5 %. After GWB took office and with Republican-controlled congresses, spending increases went wild.

Belle Chasse LA
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"Lol, all it takes is a President with a pair of balls. Reagan and Clinton had "

Are you going to put Carter that list too??? He had close to the number of vetos that Clinton had, and also had 2 overridden.

We all know how ballsy Carter was. LMAO!

Pittsburgh PA
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"No but it certainly has been the cash cow for dems. to take and not pay back for other programs now hasnt it?"

Lol, more revisionist spin. I guess you forgot that it was Al Gore who wanted to lock Social Security surpluses away from being used for other programs, and George Bush who scoffed at that (joined by Saturday Night Live laughing at the way Gore kept referring to his lockbox proposal). Who had the more fiscally responsible proposal?

Belle Chasse LA
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non-answer

Pittsburgh PA
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TOPIC: Debt and Deficits -- Presidents and Congress