DGDevin wrote:
"HeyBub" wrote in message
...


In eight years the Bush administration ran up $800 billion worth of
deficits.

Seriously, what color is the sky on your planet? Five trillion in
debt when he got the job, just shy of ten trillion when he left.

There's a difference between a budget deficit and the national debt. They do
not measure the same thing.


$800 billion is an interesting number, that's how much Reagan's annual
budget requests grew over his two terms which probably has something
to do with why the federal debt tripled on his watch.

Ah, but federal revenues increase by twice that amount. In Washington,
SPENDING has more of an effect on debt and deficit than revenues.


But tell us again how the debt belongs to those rascally Democrats,
that Republicans are the party of fiscal responsibility.

Okay, I guess repetition can't hurt: The [current] debt [increase] belongs
to the rascally Democrats and Republicans are the party of fiscal
responsibility.


With the exception of one vote by one member, all the current leaders
of the Republican Party in Congress voted to raise the debt ceiling
during the Bush administration seven times. That's a fact Jack. The
problem isn't that Democrats spend too much money, it's that CONGRESS
spends too much money and it doesn't matter which party is in
control. Until you get it through your head that the party you
approve of is just as loose with the public purse as the party you
don't like..., wait, what am I saying, like there is the slightest
chance of you being that open-minded.

Sure, the debt ceiling has been raised many times, at the behest and with
the support of both parties. But just like credit card debt in a family,
there comes a point where the card debt cannot be sustained by the income
the family has. Spending has to be cut.

The issue is not the commonality of the historical debt limit increases, the
issue is which member of the family recognizes that the debt is too big.