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However you choose to spin it, the debt increased under Reagan, Bush I, and Bush II. It went down under Clinton.Of course the problem is spending, no doubt about it. Spending has gone up over 70% under Bush. Income did increase despite (or because of, according to your bias) the tax cuts. The same thing happened during Reagan's first term. It's too bad that the Congress and White House didn't decrease spending while cutting taxes. We'd be in a much better fiscal situation now if they had.It's going to be difficult to counter decades of overspending by the federal government, but it has to be done one way or another.
However you choose to spin it, the debt increased under Reagan, Bush I, and Bush II. It went down under Clinton.
Of course the problem is spending, no doubt about it. Spending has gone up over 70% under Bush. Income did increase despite (or because of, according to your bias) the tax cuts. The same thing happened during Reagan's first term. It's too bad that the Congress and White House didn't decrease spending while cutting taxes. We'd be in a much better fiscal situation now if they had.
It's going to be difficult to counter decades of overspending by the federal government, but it has to be done one way or another.
