|01-31-2013, 04:34 PM||#1|
Join Date: Jan 2003
Location: Twixt Hell & Highwater
Lying Liars and the Deficit Lies They Tell
Here are the facts: In Reagan's first term, government spending grew 8.7 percent per year. In his second term, it grew 4.9 percent per year. Under Bush Sr., 5.4 percent per year. Under Clinton's two terms, 3.2 percent and 3.9 percent. Under Bush Jr., 7.3 percent and 8.1 percent.
Got all those numbers? Okay. Brace yourself. Under Obama: 1.4 percent.
Our current budget deficit has nothing to do with out-of-control Democratic spending and everything to do with a massive recession, tax cuts, two wars, and a scare campaign that Republicans have been successfully waging for decades to cover up their serial fiscal irresponsibility. Whether you let them fool you again is entirely up to you.