R
rdean
Guest
David Fiderer: The Simple Arithmetic of Republican Failure
Increases in Government Debt
Growth In Debt Held By the Public [$US trillions]
Jimmy Carter, 1977-1980: 0.2
Bill Clinton, 1993-1996: 0.7
Bill Clinton, 1997-2000: -0.3 (NOTE: minus means he actually "decreased" debt)
Democratic Total: 0.6
Ronald Reagan 1981-1984: 0.6
Ronald Reagan 1985-1988: 0.7
George H.W. Bush 1989-1992: 0.9
George W. Bush 2001-2004: 0.9
George W. Bush 2005-2007: 1.1
Republican Total: 4.3
----------Since the Republicans didn't include the cost of either war in their budgets, do you think those numbers were included?
"The Bush administration opposes including Social Security and Medicare in the audited deficit. Its reason: Congress can cancel or cut the retirement programs at any time, so they should not be considered a government liability for accounting purposes." USA Today, August 3, 2006
Sources:
Job Creation: Bureau of Labor Statistics Seasonally adjusted nonfarm payrolls, calculated on calendar years
Government Spending: OMB, On-Budget Outlays divided by On-Budget Revenues
Increases in Government Debt: OMB
---------------
I'm sure Republicans have "alternate" numbers. They usually "pull them" out of a place that is dark and damp. Some refer to that place as an "alternate universe". Others call that place by a different name.
Increases in Government Debt
Growth In Debt Held By the Public [$US trillions]
Jimmy Carter, 1977-1980: 0.2
Bill Clinton, 1993-1996: 0.7
Bill Clinton, 1997-2000: -0.3 (NOTE: minus means he actually "decreased" debt)
Democratic Total: 0.6
Ronald Reagan 1981-1984: 0.6
Ronald Reagan 1985-1988: 0.7
George H.W. Bush 1989-1992: 0.9
George W. Bush 2001-2004: 0.9
George W. Bush 2005-2007: 1.1
Republican Total: 4.3
----------Since the Republicans didn't include the cost of either war in their budgets, do you think those numbers were included?
"The Bush administration opposes including Social Security and Medicare in the audited deficit. Its reason: Congress can cancel or cut the retirement programs at any time, so they should not be considered a government liability for accounting purposes." USA Today, August 3, 2006
Sources:
Job Creation: Bureau of Labor Statistics Seasonally adjusted nonfarm payrolls, calculated on calendar years
Government Spending: OMB, On-Budget Outlays divided by On-Budget Revenues
Increases in Government Debt: OMB
---------------
I'm sure Republicans have "alternate" numbers. They usually "pull them" out of a place that is dark and damp. Some refer to that place as an "alternate universe". Others call that place by a different name.