Tuesday, October 18, 2011
United States Deficit a Bipartisan Movement
The US had roughly 1 trillion in debt before Ronald Reagan. In 8 years through trickle down economics Reagan added 2 trillion to the pile. Yes he was a republican who cut taxes and spent money we didn't have. In 4 years HW Bush added 1.5 trillion to bring the debt up to 4.5 trillion. Read my lips, "no new taxes", but a ton of new debt. In 8 years the democrat Bill Clinton added 1.4 trillion. He said he didn't have sexual relations with Monica Lewinsky but he did bend over the American taxpayer. Now W. Bush added 6.1 trillion to the pile being the great conservative he wasn't to bring the grand total to 12 trillion. W. stands for WOW! Obama has added 2.4 trillion to the total. Now that's a bipartisan effort.