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From the presidencies of Harry Truman to that of Jimmy Carter the national debt was paid down in terms of gross domestic product. During Bill Clinton's second term the national debt was paid down in absolute terms.
The national debt only became a problem during the Reagan administration when Reagan said it was possible to cut taxes, raise defense spending, and balance the budget without cutting popular middle class entitlements.
The Republican Party caused the debt crises with their dogma that it is always a good idea to cut taxes and never a good idea to raise them. Now they are using the debt for which they are responsible in an effort to cut or eliminate popular domestic programs they have never liked, but which are popular with the voters.
Neither party is fiscally responsible. Deal.
They can't even manage their own party debt, yet they want us to trust them with the whole nation?
Democrats don't claim that the budget should be balanced with just tax increases. They support a balanced approach of raising taxes and spending cuts which is also supported by the public. It's Republicans who see only one solution; reduce spending. This plays well with the Tea Party, but not the public. As the effects of sequester hit the media in coming weeks and months, Republicans are not going to be able to stand up against rising public opinion and this is going to hurt them in next election.The dirty little secret is that the administration can tax the rich until they drive them into the poor house and the confiscated money won't finance government operation more than a couple of months. It's all about class warfare, dabbling in socialism and stroking the ignorant and hate filled radical left wing. A country cannot tax itself into solvency. We are already in hock to the country that is accused of hacking into our cyber system. It's crazy to play the cheap commie game of punishing the rich while our energy prices are sky high and unemployment is stagnant. Republicans have the right idea but they are fighting the incredible force of George Soros tax exempt propaganda machine and the entire left wing media.
Democrats don't claim that the budget should be balanced with just tax increases. They support a balanced approach of raising taxes and spending cuts which is also supported by the public. It's Republicans who see only one solution; reduce spending. This plays well with the Tea Party, but not the public. As the effects of sequester hit the media in coming weeks and months, Republicans are not going to be able to stand up against rising public opinion and this is going to hurt them in next election.The dirty little secret is that the administration can tax the rich until they drive them into the poor house and the confiscated money won't finance government operation more than a couple of months. It's all about class warfare, dabbling in socialism and stroking the ignorant and hate filled radical left wing. A country cannot tax itself into solvency. We are already in hock to the country that is accused of hacking into our cyber system. It's crazy to play the cheap commie game of punishing the rich while our energy prices are sky high and unemployment is stagnant. Republicans have the right idea but they are fighting the incredible force of George Soros tax exempt propaganda machine and the entire left wing media.
They can't even manage their own party debt, yet they want us to trust them with the whole nation?
From the presidencies of Harry Truman to that of Jimmy Carter the national debt was paid down in terms of gross domestic product. During Bill Clinton's second term the national debt was paid down in absolute terms.
The national debt only became a problem during the Reagan administration when Reagan said it was possible to cut taxes, raise defense spending, and balance the budget without cutting popular middle class entitlements.
The Republican Party caused the debt crises with their dogma that it is always a good idea to cut taxes and never a good idea to raise them. Now they are using the debt for which they are responsible in an effort to cut or eliminate popular domestic programs they have never liked, but which are popular with the voters.
Say what? You think a campaign debt has something to do with the National debt? $800,000 is chump change. Obama tips his caddies more than that.
As usual, the dominant "defense" from the right in this thread, as in ANY thread pointing out GOP duplicity, is..."Well...the Democrats do it too!"
Yet, in one of their OMG! OBAMA! threads, it's ONLY the Democrats!
Tsk, tsk. Such blatant dishonesty. No wonder the GOP has just about committed suicide.
As usual, the dominant "defense" from the right in this thread, as in ANY thread pointing out GOP duplicity, is..."Well...the Democrats do it too!"
Yet, in one of their OMG! OBAMA! threads, it's ONLY the Democrats!
Tsk, tsk. Such blatant dishonesty. No wonder the GOP has just about committed suicide.
Actually this thread, your thread, is an example of blatant dishonesty. It isn't the GOP. It is the GOP of California. Not the same thing. Nor is a debt of 800k anything remotely related to the trillions the Democrats in Congress have spent.