U.S. Deficits By Party

[Ameriplan]

Makes me feel bad for Obama.

      Heh, true. He's shaping up to be the perfect counter-argument against any idea of the Democrats being a party of relative fiscal responsibility.

True. Spending more than any other president combined can do that to a guy.

[Ameriplan]

Makes me feel bad for Obama.

      Heh, true. He's shaping up to be the perfect counter-argument against any idea of the Democrats being a party of relative fiscal responsibility.

True. Spending more than any other president combined can do that to a guy.

He had to spend that much to pump the economy back from a recession which he inherited from Bush Jr.

Also, I'm pretty sure this chart is without the social security surplus, as Clinton doesn't have a surplus here for any years of his Presidency.

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.

[Ameriplan]

Makes me feel bad for Obama.

      Heh, true. He's shaping up to be the perfect counter-argument against any idea of the Democrats being a party of relative fiscal responsibility.

True. Spending more than any other president combined can do that to a guy.

He had to spend that much to pump the economy back from a recession which he inherited from Bush Jr.

Also, I'm pretty sure this chart is without the social security surplus, as Clinton doesn't have a surplus here for any years of his Presidency.

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.

The economy was recovering under FDR even before WWII.

No it wasn't. Not only was unemployment the same, but the deficit increased. He promised to reduce federal expenditures, but didn't.

[Ameriplan]

Makes me feel bad for Obama.

      Heh, true. He's shaping up to be the perfect counter-argument against any idea of the Democrats being a party of relative fiscal responsibility.

In the past, Democrats had sufficient courage to find ways to balance revenue coming in with the additional spending. Unfortunately we lack that courage now, at least lack as much as we used to. In fairness though, if you look at the HCR bill, while an ugly patchwork solution of a bill, it was some of the most comprehensive efforts to actually pay for something in quite some time, though nowhere near perfect.

No it wasn't. Not only was unemployment the same, but the deficit increased. He promised to reduce federal expenditures, but didn't.

http://en.wikipedia.org/wiki/File:US_Employment_Graph_-_1920_to_1940.svg

Also, notice that little blip around 1937? Yeah, that's when he 'reduced federal expenditures.'

Edit: And that graph doesn't even include workers enrolled in the Works Progress Administration.

LOL war is a glorious thing

[Ameriplan]

Makes me feel bad for Obama.

      Heh, true. He's shaping up to be the perfect counter-argument against any idea of the Democrats being a party of relative fiscal responsibility.

Bush left us with a deficit of over $1 trillion, so I'm not sure what your point is.

that Obama increased 900%. Yeah no point.