http://en.wikipedia.org/wiki/Image:US_Public_debt_per_GDP_1791-2006.svg
check this chart out. Do you see the truth?
and do you understand the difference between deficit and debt?
2007-10-19 13:29:09 · 19 answers · asked by charbatch 3 in Politics & Government ➔ Politics
most say the Republican controlled congress controlled the deficit. Do you know the difference?
2007-10-19 13:36:23 · update #1
They clearly don't see the truth that it wasn't until the Republicans took control of Congress that the debt started to fall. Only Congress can borrow or spend money so why do so many blame or give credit to the President.........
2007-10-19 13:40:22 · answer #1 · answered by Brian 7 · 4⤊ 4⤋
certainly, through fact social risk-free practices became in surplus (and that i think of nevertheless is), the funds of the U. S. became in intents and purposes in surplus. it is the effect it ought to have on the financial device - which seems to be important. the rationalization we are saying Clinton left a surplus, is using the fact he became president. as nicely, spending did no longer all of sudden fall with the Republicans in place of work. It averaged 3-4% regardless. Spending has greater to do with the financial device, which Clinton had the longest peacetime enlargement ever.
2016-10-13 05:47:45 · answer #2 · answered by ? 4 · 0⤊ 0⤋
I see what you mean! Clinton inherited a rising debt from Bush I, and had a major surplus by the middle to end of his presidency, and if the chart went further to the right it would show a huge increase in the debt under Bush II after 2000......hmmmm, maybe it doesn't show what you thought it did!
2007-10-19 14:28:02 · answer #3 · answered by amazed we've survived this l 4 · 1⤊ 1⤋
Hatchling, facts never have been your strong suit. But you are really good at pointing at charts that prove you are a hatchling.
Yes, I know the facts. Just like with brother hatchling Shrub you point at facts that prove you are a hatchling and hope that no one actually notices.
Yes, I see the truth. You should kneel back down on your bankie and continue chanting, hopefully quietly, "what would RonnieGod do?"
Yes I understand that you do not understand anything but that your destiny is to prepare for the 2nd Coming of RonnieGod.
2007-10-19 13:48:59 · answer #4 · answered by Anonymous · 3⤊ 1⤋
He inherited deficits from Bush Sr. and reduced them every year, and had surpluses the last couple of years, and was able to start paying down the national debt.
If the Republicans are responsible for the success under Clinton then why couldn't they reduce the debt when they had complete control of the government for 6 years?
Reagan, Bush Sr., and Bush Jr. all used excess SS funds to pay for other budgetary items. If you look at the last two years of Clinton you will see we had SS surpluses and regular budget surpluses. Gore wanted to continue this and keep the SS surpluses in a "lock box" so it would be there when boomers started retiring.
CBO link: http://www.cbo.gov/budget/data/historical.pdf
2007-10-19 13:42:18 · answer #5 · answered by Damian M 3 · 4⤊ 2⤋
Are you really that dense that you do not see the line going down during the 90s? And the chart is really only an indication of debt per GDP.
So since the 1980s, the upward trend during the Republican presidencies, and the downward trend during Clinton's term is just an aberration, and all due to the repuglican congress? Nice try, but I think you and your follow repuglicans need to head back to grade school for a chart reading refresher.
Edit to add:
Yes, congress *approves* the budgets, but the executive branch actually *creates* them. Once again, nice try imposing your alternate reality. Head here for the stages of the budget process: http://www.rules.house.gov/archives/budget_stages.htm
2007-10-19 13:41:11 · answer #6 · answered by x2000 6 · 5⤊ 3⤋
"They clearly don't see the truth that it wasn't until the Republicans took control of Congress that the debt started to fall. Only Congress can borrow or spend money so why do so many blame or give credit to the President...."
Brian said it best. Congress approves budgets not presidents.
Staying awake in American Govt class helps.
2007-10-19 13:49:55 · answer #7 · answered by archy 4 · 2⤊ 2⤋
Yes, we know the difference. Funny, you should mention Reagan here on the 20th anniversary of the stock market crash that happened on his watch. Never mind the national debt and deficit soared on his watch too.
And just because cons say something doesn't make it true.
2007-10-19 14:26:49 · answer #8 · answered by God 6 · 1⤊ 1⤋
Yes, I know the facts, but apparently you don't. Check out this chart and tell me how Clinton did on the economy:
http://www.lafn.org/politics/gvdc/Natl_Debt_Chart.html
How do you like Bush's part of the chart? Remember, Bush had a republican congress.
2007-10-19 13:38:00 · answer #9 · answered by Zardoz 7 · 5⤊ 2⤋
Hey, what are you trying to pull? That chart is completely fabricated. Here's the discussion page for the image:
http://en.wikipedia.org/wiki/Image_talk:US_Public_debt_per_GDP_1791-2006.svg
And the discussion page for the only article that the image occurs. Notice the first item on the page is to question that graph: http://en.wikipedia.org/wiki/Talk:United_States_public_debt
Did you make this thing yourself?
2007-10-19 13:39:06 · answer #10 · answered by Beardog 7 · 4⤊ 2⤋