The Republican Party used to care about balanced budgets. It lost that concern during the Reagan administration. During the Reagan administration the top tax rate declined from 70% to 28%. Consequently, the national debt rose from $908 billion during President Carter's last year in office in 1980 to $2,602 billion during President Reagan's last year in office in 1988. In 2020 during Trump's last year in office the national debt grew to $27,748.
The national debt continued to grow under President Biden, but the national debt as a percentage of gross domestic product (GDP) declined from 129% in 2020 to 123% in 2022.
From the end of World War II, in 1945, to the end of Carter's administration in 1980 the national debt as a percentage of GDP declined from 114% to 32% during 1980. There were yearly declines during Democrat and Republican administrations, and during the Korean War and the War in Vietnam. During this time the top tax rate never got below 70%, and was often much higher.
The national debt as a percentage of GDP rose to 50% in 1988, and to 129& in 2020. After two years of Biden's presidency this declined to 123%.
The U.S. national debt grew to a record $34 trillion by the end of 2023. It was just $16 billion in 1930.
www.thebalancemoney.com
Now Congressional Republicans are using the rise in the national debt, for which they are responsible, to cut or eliminate domestic spending programs they have never liked, but which are popular with the voters. Republicans tend to pretend that global warming is a hoax.
President Biden has not been as supportive toward Israel as you and I would prefer, but he has taken Israel's side against Hamas. Nevertheless, he needs to consider:
"WASHINGTON, D.C. -- After a decade in which Democrats have shown increasing affinity toward the Palestinians, their sympathies in the Middle East now lie more with the Palestinians than the Israelis, 49% versus 38%."
A majority of U.S. adults, as well as most Republicans, still sympathize more with the Israelis than the Palestinians. But for the first time, Democrats lean in the other direction.
news.gallup.com
I wish President Biden did more to protect our borders. Nevertheless, he needs to consider that 26% of Americans, most of whom are Democrats, favor more immigration.
Immigration
I like Orientals a lot, and I appreciate the way Hispanics fight back against Negroes, and often take the initiative against them.
There is a Mexican restaurant near to where I live, where I usually dine after church services on Sunday. Most of the employees and the patrons know little or no English. I suspect over half of them are illegal immigrants. Nevertheless, I like them and they like me. Sometimes we buy each other drinks, and they practice their English with me.
I feel safe there. When I m surrounded by young black me I do not know I suspect the possibility of violent crime, unless they are obviously dressed for work or church.
Lisa558, I have learned to respect opinions based on experiences I have not had. I am not trying to persuade you, or to defeat you in an argument. I am only trying to explain why I continue to vote Democrat, although I vote Democrat without enthusiasm.
You are probably my best friend on the U.S. Message Board. Let's keep it that way.
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