Since when did Democrats increase the debt?

Question

Everytime we have a republican the debt goes up and our surplus dissapears! Its amazing how the conservatives harp on the fact that democrats SEEM to like taxes. Every time we have a democrat we have abundance. Why is that?

If given the choice of labor unions (which are incorporated FYI) or corporations guess which one Ill choose?

um, I didnt say anything about the war.......... pay attention to question please.......

unions=democrats, pretty much.

I think people differ on what "surplus" is. Seems like there are misconceptions based on "exact words".......... what do you think I mean by surplus?? by deficit?

automation wizard, you seem to have alot of preconceived notions about what I think. Do you for one minute: A: think these corporations, who pay more fines than you'll ever research, infringements upon humanity as well as animals, firing employees before they reach retirement, and hiring younger stock for less pay... B: Believe that companies like KBR and haliburton are really providing for the common good?

You live in a fanatsy world! It is the nature of corporations, the bigger the badder--to support candidates who support their personal needs. It has nothing to do with political preference!

Answer 1

If anyone bothered to check the actual numbers, they would find that for every dollar Democratic presidents have increased the national debt, Republicans have increased it $2.59.

Answer 2

Democrats raise taxes. If you don't already believe this is fact then no quantity of evidence will convince you. Most of them are rather vocal about wanting to do it.

Republicans raise taxes far too much, but a little less than Democrats. Again, I have to think you already know this.

Democrats believe the way to combat debt is to raise taxes. Republicans believe the way to combat debt is to stimulate the economy.

Some Democrats (Bill Clinton for example) have been successful at reducing debt. Most of his progress was made through significant reduction in national defence. For better or worse, our debt and our ability to defend this country and our allies were reduced together.

So when Carter was in office and people were waiting for hours in line on their assigned days of the week to get gasoline for their drive to work, you classified that as abundance? It looked like a bread line in the USSR.

I know what you will choose. You prefer a union where each individual has no reason to perform well. You prefer having the worst teachers in public schools get promoted at the expense of all students because of tenure. You believe that a man who works 16 hours a day 6 days a week trying to start his own business to provide work for others unable or unwilling to work as hard or smart should be taxed at a significantly higher level than someone who hides his annonymous face under a government union contract.

Those corporations you hate so much pay for your national defense, health care, retirement, and most other necessities of life. They manufacturer all those goodies that make your life more convenient. They provide jobs for millions of people who would not be able to support their families otherwise.

Answer 3

There hasn't been a surplus since the early 1900's. Prior to that there were no income taxes. Democrats controlled Congress most of the 20th century. It was the Republican Congress that finally balanced the budget in the 90's, despite the fact that Clinton said that we needed a 15 year program to accomplish what the Republican Congress did in one session. So traditionally Democrats have been the big spenders. Since we are at war now, we are experiencing higher than normal deficits, but revenues received are also at record (high) levels, mostly do to Bush's tax cuts. Also, the debt compared to the GDP is at a fairly low level, historically speaking.

FDR=Biggest debt ever
Truman=Biggest debt ever
Ike=Biggest debt ever
JFK=Biggest debt ever
LBJ=Biggest debt ever
Nixon=Biggest debt ever
Ford=Biggest debt ever
Jimmie Crack Corn=Biggest debt ever
Ronnie=Biggest debt ever
King George I=Biggest debt ever
B. J. Clinton=No deficit, Refinanced,still biggest debt ever
GWB=Biggest debt ever

Anyone see a pattern here???

Debt refers to the total amount owed by the government.
Deficit refers the the annual budget shortfall.
Surplus would be if there were any money left at the end of the year. This could be in the Treasury or if less money was spent than what was in the budget. This hasn't happened in a long long time.

Answer 4

Every time we have a Democrat, he rides the policies of his Republican predecessor, and vice versa. The Democrats increased the debt during the Reagan years--in order for him to get his tax cuts, he had to agree to spending by the Democrat Congress. BTW, please learn the difference between deficit and debt. What does unions have to do with this question?

Answer 5

Democrats pay as they go.
Republican administrations cut taxes in the present (to great acclaim by their supporters) by quietly Taxing our Future.

Answer 6

Amazing how the facts tell all.

Answer 7

Since about 1965, which unsurprisingly coincides with Johnson's "Great Society" and his buildup in Vietnam.

Answer 8

That is the Republican secret, Tax cuts for the rich paid for by your kids and grand kids.

Answer 9

good question but the republicans on here are good at ignoring the facts.

Fact Clinton = surplus
Bush = largest deficit EVER

Answer 10

We'll i'm guessing you will choose the union so you can sit on your ***, charge 3x what the work is worth, take 10x as long to finish the job, and ***** how you aren't paid enough.