Which party is better at managing the budget?

[DialogDiplomat]

Which party manages the budget better? I'm giving you what each president from Carter forward inherited in terms of net budget deficit/surplus, what they left behind in terms of deficit/surplus, and then what the net change in the deficit/surplus was under their leadership.

Carter inherited 184.7b deficit
Carter left behind: 191.6b deficit
Net change for Carter: Worsened the budget by 6.9b

Reagan inherited: 191.6b deficit
Reagan left behind: 267.1b deficit
Net change for Reagan: Worsened the budget by 75.5b

HW Bush inherited: 267.1b deficit
HW Bush left behind: 387.5b deficit
Net change for HW Bush: Worsened the budget by 120.4b

Clinton inherited: 387.5b deficit
Clinton left behind: 166.1b SURPLUS <---note: SURPLUS
Net change for Clinton: Improved the budget by 553.6b

W Bush inherited: 166.1b SURPLUS
W Bush left behind: 1,500.8b deficit <---note: At the time, worst deficit in US history
Net change for W Bush: Worsened the budget by 1,666.9b

Obama inherited: 1,500.8b deficit
Obama left behind: 561.0b deficit
Net change for Obama: Improved the budget by 939.8b <---note: At the time, fastest rate of deficit reduction post WW2

Trump inherited: 561.0b deficit
Trump left behind: 2,402.1b deficit <---note: Worst deficit in US history
Net change for Trump: Worsened the budget by 1,841b

Biden inherited: 2,402.1M deficit
Biden today: 928.6M deficit
Net change for Biden: Improved budget by 1,473.5M <---note: Fastest rate of deficit reduction post WW2

If we put all of this together and split it out by party, we see that republican presidents combined to move the budget in the wrong direction by 3.7 trillion, whereas democratic presidents combined to move the budget in the right direction by 3.0 trillion.

So that's what the data says in terms of budget management by president and party, but what do you say? And if you feel this data isn't a good metric to use to gauge how each president or party manages the budget, what is and why?

Data: Federal Receipt and Outlay Summary

 

[The Duke]

Which party manages the budget better? I'm giving you what each president from Carter forward inherited in terms of net budget deficit/surplus, what they left behind in terms of deficit/surplus, and then what the net change in the deficit/surplus was under their leadership.

Carter inherited 184.7M deficit
Carter left behind: 191.6M deficit
Net change for Carter: Worsened the budget by 6.9M

Reagan inherited: 191.6M deficit
Reagan left behind: 267.1M deficit
Net change for Reagan: Worsened the budget by 75.5M

HW Bush inherited: 267.1M deficit
HW Bush left behind: 387.5M deficit
Net change for HW Bush: Worsened the budget by 120.4M

Clinton inherited: 387.5M deficit
Clinton left behind: 166.1M SURPLUS <---note: SURPLUS
Net change for Clinton: Improved the budget by 553.6M

W Bush inherited: 166.1M SURPLUS
W Bush left behind: 1,500.8M deficit <---note: At the time, worst deficit in US history
Net change for W Bush: Worsened the budget by 1,666.9M

Obama inherited: 1,500.8M deficit
Obama left behind: 561.0M deficit
Net change for Obama: Improved the budget by 939.8M <---note: At the time, fastest rate of deficit reduction post WW2

Trump inherited: 561.0M deficit
Trump left behind: 2,402.1M deficit <---note: Worst deficit in US history
Net change for Trump: Worsened the budget by 1,841M

Biden inherited: 2,402.1M deficit
Biden today: 928.6M deficit
Net change for Biden: Improved budget by 1,473.5M <---note: Fastest rate of deficit reduction post WW2

If we put all of this together and split it out by party, we see that republican presidents combined to move the budget in the wrong direction by 3.7 trillion, whereas democratic presidents combined to move the budget in the right direction by 3.0 trillion.

So that's what the data says in terms of budget management by president and party, but what do you say? And if you feel this data isn't a good metric to use to gauge how each president or party manages the budget, what is and why?

Data: Federal Receipt and Outlay Summary

This type of OP.. Meh.

Presidential fiscal policy is a very slow burn and takes years to really feel the effects of.

Reagan was good with the economy, he knew how to do things. Nobody between him and Trump was

worth a plug nickel as far as doing good for Americans, though.

Party/Schmarty. It's more like the elite puppets vs. the people.

Reagan and Trump are not the elite's puppets/leaders/minions.

I'd bet Biden is a member of The Council of Foreign Relations.

All the rest..

 

[Stormy Daniels]

Which party manages the budget better? I'm giving you what each president from Carter forward inherited in terms of net budget deficit/surplus, what they left behind in terms of deficit/surplus, and then what the net change in the deficit/surplus was under their leadership.

Carter inherited 184.7M deficit
Carter left behind: 191.6M deficit
Net change for Carter: Worsened the budget by 6.9M

Reagan inherited: 191.6M deficit
Reagan left behind: 267.1M deficit
Net change for Reagan: Worsened the budget by 75.5M

HW Bush inherited: 267.1M deficit
HW Bush left behind: 387.5M deficit
Net change for HW Bush: Worsened the budget by 120.4M

Clinton inherited: 387.5M deficit
Clinton left behind: 166.1M SURPLUS <---note: SURPLUS
Net change for Clinton: Improved the budget by 553.6M

W Bush inherited: 166.1M SURPLUS
W Bush left behind: 1,500.8M deficit <---note: At the time, worst deficit in US history
Net change for W Bush: Worsened the budget by 1,666.9M

Obama inherited: 1,500.8M deficit
Obama left behind: 561.0M deficit
Net change for Obama: Improved the budget by 939.8M <---note: At the time, fastest rate of deficit reduction post WW2

Trump inherited: 561.0M deficit
Trump left behind: 2,402.1M deficit <---note: Worst deficit in US history
Net change for Trump: Worsened the budget by 1,841M

Biden inherited: 2,402.1M deficit
Biden today: 928.6M deficit
Net change for Biden: Improved budget by 1,473.5M <---note: Fastest rate of deficit reduction post WW2

If we put all of this together and split it out by party, we see that republican presidents combined to move the budget in the wrong direction by 3.7 trillion, whereas democratic presidents combined to move the budget in the right direction by 3.0 trillion.

So that's what the data says in terms of budget management by president and party, but what do you say? And if you feel this data isn't a good metric to use to gauge how each president or party manages the budget, what is and why?

Data: Federal Receipt and Outlay Summary

You've got a lot of data here but what you're failing to understand is F-you, Dems can suck it.

 

[The Duke]

You've got a lot of data here but what you're failing to understand is F-you, Dems can suck it.

 

[DialogDiplomat]

You've got a lot of data here but what you're failing to understand is F-you, Dems can suck it.

OK, but can you give me something more substantive that directly addresses the data? Or that at least explains why you disagree with what this data shows?

 

[Lemmi]

The US hasn't had budget that meant anything since before Eisenhower.

 

[Stormy Daniels]

OK, but can you give me something more substantive that directly addresses the data? Or that at least that explains why you disagree with what this data shows?

What part of F-you, Dems can suck it did you not understand?

 

[The Duke]

OK, but can you give me something more substantive that directly addresses the data? Or that at least that explains why you disagree with what this data shows?

Carter sucked, Reagan was OK, then we had decades of shit presidents.

How many have you lived through?

Which Congress/president invented that "Fuck The People, let's write a blank check on the peoples' dime"

thing called a "Continuing Resolution"? That was a big bah fongu to all Americans and their offspring forevermore.

Carter sucked, Reagan was OK, and they both meant well, though.

No president since them has since. Carter and Reagan would try to do the right thing.

Nobody until Trump, since them, has. And he ain't no angel, but he knows the right thing, and will try to do it.

Carter is a good man, but was a bad president. Trump isn't the bestest of men, but he knows the right

things to do and makes a good president. He's an obnoxious New Yorker. Not my favorite type of individual.

But he loves America and wants to do good by it, and you can't say that about any others in the past 30-40 years or so.

 

[DialogDiplomat]

This type of OP.. Meh.

Presidential fiscal policy is a very slow burn and takes years to really feel the effects of.

Reagan was good with the economy, he knew how to do things. Nobody between him and Trump was

worth a plug nickel as far as doing good for Americans, though.

Party/Schmarty. It's more like the elite puppets vs. the people.

Reagan and Trump are not the elite's puppets/leaders/minions.

I'd bet Biden is a member of The Council of Foreign Relations.

All the rest..

But doesn't it certainly seem like there is a strong correlation between political party and the direction in which the budget moves? These presidents cover my entire lifetime. Democrats - nearly every single time except for Carter who roughly maintained what he inherited - improve the budget situation significantly. On the other side of the coin, every single republican president in my entire lifetime not only moves the budget deficit in the wrong direction, but completely balloons it with needless regressive tax cuts and ramped up spending on defense. Isn't this what the data shows us?

 

[TroglocratsRdumb]

The whole fallacy of your argument is the fact that presidents sign spending bills that the House passes.
Spending bills originate in the House.

 

[TroglocratsRdumb]

I remember Bill Clinton shut down the government rather than sign the GOP balanced budget.
But later Bill Clinton stole the credit for the balanced budget.
Dems are always liars.

 

[DialogDiplomat]

The whole fallacy of your argument is the fact that presidents sign spending bills that the House passes.
Spending bills originate in the House.

Presidents submit a budget. That budget has to be passed by both the House and Senate. Rounds of back and forth negotiations happen between the branches of legislature until that happens. After that, the president signs the budget and it's locked. There is no logical fallacy lurking in the OP.

 

[DialogDiplomat]

I remember Bill Clinton shut down the government rather than sign the GOP balanced budget.
But later Bill Clinton stole the credit for the balanced budget.
Dems are always liars.

The reason we reached a surplus is because Clinton implemented progressive personal income tax increases in 1994. That lead to a steady shrinking of the deficit until we reached a record breaking surplus.

 

[Stormy Daniels]

Spending bills originate in the House.

That's tax bills.

 

[DialogDiplomat]

That's tax bills.

Welcome to GOV1101: Introduction to Government Budgeting for Beginners. Here is your first lesson. From the link: "The United States budget process begins when the President of the United States submits a budget request to Congress..."

Read more here: United States budget process - Wikipedia

 

[talksalot]

"The Budget" really has no meaning. Obama didn't even have a "budget."

 

[Papageorgio]

Which party manages the budget better? I'm giving you what each president from Carter forward inherited in terms of net budget deficit/surplus, what they left behind in terms of deficit/surplus, and then what the net change in the deficit/surplus was under their leadership.

Carter inherited 184.7b deficit
Carter left behind: 191.6b deficit
Net change for Carter: Worsened the budget by 6.9b

Reagan inherited: 191.6b deficit
Reagan left behind: 267.1b deficit
Net change for Reagan: Worsened the budget by 75.5b

HW Bush inherited: 267.1b deficit
HW Bush left behind: 387.5b deficit
Net change for HW Bush: Worsened the budget by 120.4b

Clinton inherited: 387.5b deficit
Clinton left behind: 166.1b SURPLUS <---note: SURPLUS
Net change for Clinton: Improved the budget by 553.6b

W Bush inherited: 166.1b SURPLUS
W Bush left behind: 1,500.8b deficit <---note: At the time, worst deficit in US history
Net change for W Bush: Worsened the budget by 1,666.9b

Obama inherited: 1,500.8b deficit
Obama left behind: 561.0b deficit
Net change for Obama: Improved the budget by 939.8b <---note: At the time, fastest rate of deficit reduction post WW2

Trump inherited: 561.0b deficit
Trump left behind: 2,402.1b deficit <---note: Worst deficit in US history
Net change for Trump: Worsened the budget by 1,841b

Biden inherited: 2,402.1M deficit
Biden today: 928.6M deficit
Net change for Biden: Improved budget by 1,473.5M <---note: Fastest rate of deficit reduction post WW2

If we put all of this together and split it out by party, we see that republican presidents combined to move the budget in the wrong direction by 3.7 trillion, whereas democratic presidents combined to move the budget in the right direction by 3.0 trillion.

So that's what the data says in terms of budget management by president and party, but what do you say? And if you feel this data isn't a good metric to use to gauge how each president or party manages the budget, what is and why?

Data: Federal Receipt and Outlay Summary

Every President except Coolidge has left the office with more debt than the previous President, that is why we are $30 plus trillion in debt. Both parties suck at reducing debt and leave the burden for future Americans.

 

[DialogDiplomat]

"The Budget" really has no meaning. Obama didn't even have a "budget."

This is actually true in part. Normally what happens is a president submits their budget to congress, there is the back and forth process to approval in each branch of congress, and then the president signs and it's locked - outside of any new measures that can pass a filibuster. But Obama is unique in that he is the only president where congress never approved his budget for the entire year, instead manufacturing chaos by constantly creating threats of government shutdown by abusing the resolution to increase the debt limit. So Obama's budgets were only passed in short increments due to threats of government shutdown.

Sort of an interesting correlation there. Only black president. Only time in US history where a president's bills were not approved for the full fiscal.

 

[eagle7-31]

Which party manages the budget better? I'm giving you what each president from Carter forward inherited in terms of net budget deficit/surplus, what they left behind in terms of deficit/surplus, and then what the net change in the deficit/surplus was under their leadership.

Carter inherited 184.7b deficit
Carter left behind: 191.6b deficit
Net change for Carter: Worsened the budget by 6.9b

Reagan inherited: 191.6b deficit
Reagan left behind: 267.1b deficit
Net change for Reagan: Worsened the budget by 75.5b

HW Bush inherited: 267.1b deficit
HW Bush left behind: 387.5b deficit
Net change for HW Bush: Worsened the budget by 120.4b

Clinton inherited: 387.5b deficit
Clinton left behind: 166.1b SURPLUS <---note: SURPLUS
Net change for Clinton: Improved the budget by 553.6b

W Bush inherited: 166.1b SURPLUS
W Bush left behind: 1,500.8b deficit <---note: At the time, worst deficit in US history
Net change for W Bush: Worsened the budget by 1,666.9b

Obama inherited: 1,500.8b deficit
Obama left behind: 561.0b deficit
Net change for Obama: Improved the budget by 939.8b <---note: At the time, fastest rate of deficit reduction post WW2

Trump inherited: 561.0b deficit
Trump left behind: 2,402.1b deficit <---note: Worst deficit in US history
Net change for Trump: Worsened the budget by 1,841b

Biden inherited: 2,402.1M deficit
Biden today: 928.6M deficit
Net change for Biden: Improved budget by 1,473.5M <---note: Fastest rate of deficit reduction post WW2

If we put all of this together and split it out by party, we see that republican presidents combined to move the budget in the wrong direction by 3.7 trillion, whereas democratic presidents combined to move the budget in the right direction by 3.0 trillion.

So that's what the data says in terms of budget management by president and party, but what do you say? And if you feel this data isn't a good metric to use to gauge how each president or party manages the budget, what is and why?

Data: Federal Receipt and Outlay Summary

Neither. Just so you know only 1 time in history has there been a balanced budget and no debt at the same time. The second term of Andrew Jackson.

 

[Oldestyle]

Which party manages the budget better? I'm giving you what each president from Carter forward inherited in terms of net budget deficit/surplus, what they left behind in terms of deficit/surplus, and then what the net change in the deficit/surplus was under their leadership.

Carter inherited 184.7b deficit
Carter left behind: 191.6b deficit
Net change for Carter: Worsened the budget by 6.9b

Reagan inherited: 191.6b deficit
Reagan left behind: 267.1b deficit
Net change for Reagan: Worsened the budget by 75.5b

HW Bush inherited: 267.1b deficit
HW Bush left behind: 387.5b deficit
Net change for HW Bush: Worsened the budget by 120.4b

Clinton inherited: 387.5b deficit
Clinton left behind: 166.1b SURPLUS <---note: SURPLUS
Net change for Clinton: Improved the budget by 553.6b

W Bush inherited: 166.1b SURPLUS
W Bush left behind: 1,500.8b deficit <---note: At the time, worst deficit in US history
Net change for W Bush: Worsened the budget by 1,666.9b

Obama inherited: 1,500.8b deficit
Obama left behind: 561.0b deficit
Net change for Obama: Improved the budget by 939.8b <---note: At the time, fastest rate of deficit reduction post WW2

Trump inherited: 561.0b deficit
Trump left behind: 2,402.1b deficit <---note: Worst deficit in US history
Net change for Trump: Worsened the budget by 1,841b

Biden inherited: 2,402.1M deficit
Biden today: 928.6M deficit
Net change for Biden: Improved budget by 1,473.5M <---note: Fastest rate of deficit reduction post WW2

If we put all of this together and split it out by party, we see that republican presidents combined to move the budget in the wrong direction by 3.7 trillion, whereas democratic presidents combined to move the budget in the right direction by 3.0 trillion.

So that's what the data says in terms of budget management by president and party, but what do you say? And if you feel this data isn't a good metric to use to gauge how each president or party manages the budget, what is and why?

Data: Federal Receipt and Outlay Summary

I'm from Massachusetts...probably the most liberal State in the entire country. If you look at who's been elected Governor of the State though you'll be amazed to see how many times a Republican has been elected by an electorate that is overwhelmingly Democrat! You know why that is? It's because even dyed in the wool liberals in Mass know that you need to have a Republican running things to get the budget back under control. What I'm basically saying is that your premise is laughable!

All you have to do is compare Florida to California. Florida has a large surplus with their budget this year. California has a huge deficit. You figure it out.