U.S. Deficits By Party

[opebo]

LOL, just like FDR, huh? More spending = Cure deficit. Maybe he should start a world war just like FDR had in order to save his legacy.

I vote YES, if that's what it takes to get government spending up to where it should be.

[opebo]

You don't think the government spends enough of your money already?

It doesn't spend a dime of 'my' money, Derek.

[opebo]

That figures, it must be nice to be on welfare while everyone else goes to work to pay for you. It's easy to want more spending and taxes if it's someone else's money. Put yourself in someone else's shoes who is a single parent making average income with 4 children and has to worry about taxes and the deficit.

No, my family is well off and I live in another country, Derek, so I don't pay any (or anyway only indirecly) taxes.  But if and when I do inherit, I will not mind paying taxes on this money.

The single parent with an average income and 4 children does not pay taxes, but rather recieves a bit of money from the State.

Please try to put yourself in the shoes of someone who understands economics, rather than simply has kneejerk emotional responses to economic issues.

[opebo]

The choice of cutoff point makes it downright dishonest to post this chart now.  Deficits were reduced through most of Bush's term, and Obama's deficit dwarfs any other president's budget deficit.

I suppose the distinction is, cannonia, that Obama's deficit was caused by a near total collapse of the economy (arguably baked into the pie before he was even in office), while by comparison all the previous recessions were very mild, until one gets back to the Great Depression.