March 7, 200917 yr People seem to forget (some conveniently forget) that the Democrats controlled Congress when Reagan was President. The large deficits in the 1980's had as much to do with the Democratically controlled Congress increasing domestic spending as it did with Reagan getting his military spending increases.
March 7, 200917 yr To be honest, I'm not exactly happy about the "stimulus package" either ... I think Congress should leave the economy alone and let the free market dictate who survives and who doesn't, perhaps with certain exceptions. I think the spiraling debt is a huge threat to our economy and way of life, and that's been a big problem for the last eight years. Much longer than 8 years.
March 7, 200917 yr Shooter, does your graph included unfunded debt? The percentages run much higher than the 20-25% range I've seen.
March 8, 200917 yr People seem to forget (some conveniently forget) that the Democrats controlled Congress when Reagan was President. The large deficits in the 1980's had as much to do with the Democratically controlled Congress increasing domestic spending as it did with Reagan getting his military spending increases. Absolutely correct. My point is that we've seen high levels of spending before.
March 8, 200917 yr People seem to forget (some conveniently forget) that the Democrats controlled Congress when Reagan was President. The large deficits in the 1980's had as much to do with the Democratically controlled Congress increasing domestic spending as it did with Reagan getting his military spending increases.No argument here, but I seem to recall at the time that the conservatives wanted to pin it all on the Democrats in Congress. For six of the last eight years, the Republicans have only themselves to blame. The moral of the story ... both parties can share in the blame, just as they both should have a stake in trying to address it. And until they quit sniping at each other and trying to one-up one each other, nothing will be done about it.
March 8, 200917 yr No argument here, but I seem to recall at the time that the conservatives wanted to pin it all on the Democrats in Congress. For six of the last eight years, the Republicans have only themselves to blame. The moral of the story ... both parties can share in the blame, just as they both should have a stake in trying to address it. And until they quit sniping at each other and trying to one-up one each other, nothing will be done about it. I agree. It's interesting sometimes that the blame for the current mess and the 80's spending spree was on a Democratic held Congress and yet the reverse was in charge from 1994 to 2006 and that spending was blamed on someone else.
March 8, 200917 yr I agree. It's interesting sometimes that the blame for the current mess and the 80's spending spree was on a Democratic held Congress and yet the reverse was in charge from 1994 to 2006 and that spending was blamed on someone else. No surprise that each side will always blame the other for spending sprees and they often have an argument. However, the Republicans have no defense for 2002-2006 and the democrats will have no defense for current spending.
March 8, 200917 yr No surprise that each side will always blame the other for spending sprees and they often have an argument. However, the Republicans have no defense for 2002-2006 and the democrats will have no defense for current spending. :thumb:
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