Quote:
Originally Posted by 1blackman1
Well, everyone knows that. Except Lusty and Tiny. Because they believe that any debt increases under dems are the result of bad math rather than policies during dem administrations. Even while republicans tax cuts run up deficits and fail to pay down debt.
But sadly there is no arguing it with them because they will never accept the truth.
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No, no, no! I agree with you, absolutely. And I bet Lusty Lad does too. The debt increases that occurred during the Obama and Biden administrations were the result of bad policies. On the other hand, President Clinton, Robert Rubin, Larry Summers, and most importantly a Republican House of Representatives did a great job, balancing the budget while cutting the capital gains tax!
And I agree, Republicans (and Democrats) since the Clinton administration have unfortunately run up the deficit and failed to pay down debt.
I'd of course much rather see the budget balanced through less and more efficient federal spending, rather than higher taxes. The most prosperous countries in the world, when you cut out the petrostates and small places, have larger private sectors and smaller governments. And our federal government, unlike my state, county and city governments, is particularly inefficient in the way it spends our money.
Anyway, it's nice to see us agreeing on economic issues for once.