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On Thu, 17 Mar 2005 06:27:25 -0500, Jeff Rigby wrote:
If you correct the above graph to display the true value of the dollar i.e.; correct for inflation, the graph is not as steep. But it does tend to indicate that the federal budget has increased more under Republican presidents. Tends to? Rationalize all you want, but you can't escape the fact that the national debt has increased under Reagan and the two Bushes. *All* other Presidents reduced the debt as a percentage of GDP. http://zfacts.com/p/480.html This is a misdirection since the budget (spending) is controlled by the congress. Looking at spending by who controlled congress shows that there is a direct correlation with spending. A Democrat controlled congress is the runaway spender. Not completely true. The President is responsible for submitting the budget, the House approves it. Then there is the veto and let's not forget who has controlled the House since 1995. Difficult as it may be for you to believe, historically the economy has fared better under Democratic leadership. You might want to look at job growth, stock market, and other economic indicators. You might be surprised. In any case the Federal budget is too fat. Many programs need to be cut. |
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