Although I welcome your political views, I would very much like a serious answer.
2006-10-26 03:13:59 · 13 answers · asked by school1859 5 in Politics & Government ➔ Government
W :
http://thinkprogress.org/2006/07/11/fourth-largest-deficit/
2006-10-26 03:26:03 · answer #1 · answered by MEL T 7 · 1⤊ 0⤋
This question seems to be aimed at the current administration. I think, however, that it is important to evaluate why this government sees fit to spend so much money. I concede that Clinton did run a surplus (although it couldn't have been too difficult given the enormous tax inflows during the period, tax flows that were created by an artificially inflated economy), but I do applaud him for cutting spending. However, you have to realize that government deficit spending didn't get extremely out of hand until the administration of Lyndon B. Johnson, who enacted financially disastrous policies, namely the Great Society Program and the escalation of the Vietnam War. Since that time, all adminsitrations have thought it prudent to spend more money than they collected, so it really is unfair to blame any single later administration.
2006-10-26 10:28:31 · answer #2 · answered by Time to Shrug, Atlas 6 · 0⤊ 0⤋
Every Congress spends moore than the last. Right now President Bush is in charge. In 2008 ask the same question.
The biggest fiscal problem confronting Pres. Bush is that more than 80 percent of the $2.3 trillion federal budget is currently off-limits for cutting. More than two-thirds of the annual budget goes to mandatory entitlement programs, mainly Social Security, Medicaid and Medicare."
Fairly stupid, what surplus did President Bush start with. The US debt has always been there and it doesn't spin backwards. Under President Clinton our debt went up 1.5 trillion dollars. Now what surplus?
2006-10-26 10:32:53 · answer #3 · answered by Anonymous · 0⤊ 0⤋
George Bush!
2006-10-26 10:22:18 · answer #4 · answered by Girl in The World 3 · 1⤊ 1⤋
Mr Bush will hold that record for a long time.
2006-10-26 10:21:51 · answer #5 · answered by Mojo Seeker Of Knowlege 7 · 2⤊ 0⤋
Presidents do not spend money. They don't cut taxes, they don't "create jobs." They take credit for the work done by others -- namely, Congress.
2006-10-26 10:16:22 · answer #6 · answered by Anonymous · 4⤊ 1⤋
GW holds the record!
2006-10-26 10:17:18 · answer #7 · answered by Anonymous · 3⤊ 0⤋
More than all other presidents combined! George "the chimp" Bush.
2006-10-26 10:16:21 · answer #8 · answered by mikeygonebad 2 · 4⤊ 2⤋
I am pretty sure it is Bush, since he started with a surplus...don't forget to add that!
2006-10-26 10:16:43 · answer #9 · answered by fairly smart 7 · 3⤊ 2⤋
GWB. You can write to the white house and thank him for it.
2006-10-26 10:17:52 · answer #10 · answered by TrueSoul 4 · 3⤊ 1⤋