Eisenhower last repub to balance the budget & 5 democrats since Dwight D.

Discussion in 'Politics' started by merrill, Jan 10, 2012.

  1. merrill
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    merrill VIP Member

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    Dwight Eisenhower was last Republican President to preside over a balanced budget. He had a balanced budget in 1956 and 1957. Since then, there have been two presidents to preside over balanced budgets, LBJ in 1969 and Clinton in 1998 through 2001. During the last 40 years there have been five budget surpluses, all five were under Democratic Presidents: 1969, 1998, 1999, 2000, and 2001.

    To clarify, congress authorizes the budget. Between 1955 and 1981 Democrats held majorities in both chambers of Congress. From 1981 - 1987 republicans controlled the Senate, while Democrats held onto the House and then regained the Senate while holding controlling the House as well from 1987 -1995.
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    A. Clinton had to come and clean up after the Reagan/Bush home loan scandals against the Savings and Loan Institutions. Neoconservatives are neither republicans nor the economic giants of our time!

    This fraud:

    1. Wiped out retirement plans connected to savings and loan institutions

    2. Put millions of formerly retired people back into the job market who were
    60's and older. The job market at this time was no better than today.

    3. Taught millions how to appreciate Social Security and Medicare

    B. Then Obama had to come in and clean up after a repeat performance by Bush/Cheney only on a much grander scale. Neoconservatives are neither republicans nor the economic giants of our time!

    C. Jeb Bush defaulted on a $4.56 million loan from Broward Federal Savings in Sunrise, Florida. After federal regulators closed the S&L, the office building that Jeb used the $4.56 million to finance was reappraised by the regulators at $500,000, which Bush and his partners paid. The taxpayers had to pay back the remaining 4 million plus dollars.

    D. In essence what we have is democrats cleaning up fraudulent financial disasters republicans leave behind and needing to create huge numbers of new employment for Americans who were screwed by republican party activity.

    The problem is not a missing link verifying whether or not our stimulus money is creating new jobs. The problem lies within the republican party that which destroys families by the millions.

    Again these white collar crimes under republican watch are teaching millions how to appreciate Social Security and Medicare under rather unpleasant circumstances. WE do not want to turn Social Security and Medicare over to white collar criminals.
     
  2. merrill
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    merrill VIP Member

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    Very interesting revelation....
     
  3. Meister
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    Meister VIP Member Supporting Member

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    What's interesting that there is no mention of obama? very interesting, Merrill, hmmmm?
     
  4. Stephanie
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    Stephanie Diamond Member Supporting Member

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    where's that picture of the Obama in Superman's suit when you need one.??

    :eusa_shifty:
     
  5. uscitizen
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    uscitizen Senior Member

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    Worty of remembering as well in relation to the debt is that when Reagan took office the national debt was under 1 trillion.
     
  6. rdean
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    rdean rddean

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    Republicans also started NASA. A government organization that has brought untold billions or trillions to the country in the form of revenues.

    Eisenhower pushed science education.

    Eisenhower's tax rates for the wealthiest Americans was around 90%. They didn't go to another country. The made more money.

    No one ever accused Dwight D. Eisenhower of being a "socialist".

    Then in the 60's, conservatives fled the Democratic Party and swelled the ranks of the Republican Party. Most of the liberals left the Republican Party and joined the Democratic Party.

    This is why today's Republican Party is 90% white, mostly Christian. Only 6% of scientists are Republican, even though they scream there must be more. Only about 6% of scientists don't believe in evolution. Hmmm, what a coincidence.
     
  7. Intense
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    Intense Senior Member

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    Or Congress. :lmao:
     
  8. uscitizen
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    uscitizen Senior Member

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    Around 6% of people in any profession are not totally sane.

    Although I think politicians run a much higher number than that.
     
    Last edited: Jan 10, 2012
  9. Intense
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    Intense Senior Member

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    I think you are confusing evolution with something else, Mutant. :D Considering your warped view of History, that's understandable.
     
  10. merrill
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    merrill VIP Member

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    How important is a balanced budget considering so many repub administrations never bothered?
     

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