regent
Gold Member
- Jan 30, 2012
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Are you the same poster that argued Truman was a Republican and Jefferson and Madison were conservatives? Jackson was a Democrat, and voted into office by Democrats. If you remember the bank was Hamilton's idea, and Madison and Jefferson, the liberals, were against the bank and Jackson finally killed it.Until the Republicans finally forced Obama to agree to some spending restraint in 2013, Obama was shattering Bush's spending record. From January 2009 to October 2013, Obama piled up more debt than Bush did in his entire 8 years.
What is galling is to see Obama and the Dems proudly noting that the deficit has fallen over the last year and a half, when the deficit would still be rising if they had had their way in the budget battles. This is like when Obama took credit for the increase in domestic oil production when there would have been no increase if his suit against the North Dakota drilling had succeeded.
Again, until the Republicans finally gathered up some nerve and played hardball to get Obama to agree to some modest spending restraint, Obama and the Dems were spending like drunken sailors.
Finally, I saw someone make the argument that the only time the national debt was paid off was under a Democratic president. Gosh, are you serious? That was Andrew Jackson, and that was in the days when the Democratic Party was the conservative party. Jackson was a fiscal hawk and a strong opponent of federal control of banks, the national bank, fiat currency, etc., etc.