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I do find it extremely interesting that liberals are so often accused of being the bid spenders in government. Under Clinton the debt was increasing at a decreasing rate and towards the end of his second term he effectively stopped borrowing money. Not to mention, as this graph indicates, that there was considerable economic growth under Clinton as the Debt became more and more a smaller % of the GDP.To me it seems that the republican presidents are good at looking good in the eyes of the public, but they don't seem to be too good for this nation's economy. They borrow money to pay for instant acclaim but then we are stuck pay billions in interest every year, money that literally goes out the window. And yet republicans are the ones complaining about dems trying to steal their money. If we weren't paying all this interest thanks to el Reagan and the two Bushes then everyone could get tax cuts that would make a difference, and meanwhile, hey guess what, the government would have the same amount of money that it does, hence everyone wins. Too bad the American public isn't smart enough to realize this.
I do find it extremely interesting that liberals are so often accused of being the bid spenders in government. Under Clinton the debt was increasing at a decreasing rate and towards the end of his second term he effectively stopped borrowing money. Not to mention, as this graph indicates, that there was considerable economic growth under Clinton as the Debt became more and more a smaller % of the GDP.
To me it seems that the republican presidents are good at looking good in the eyes of the public, but they don't seem to be too good for this nation's economy. They borrow money to pay for instant acclaim but then we are stuck pay billions in interest every year, money that literally goes out the window. And yet republicans are the ones complaining about dems trying to steal their money. If we weren't paying all this interest thanks to el Reagan and the two Bushes then everyone could get tax cuts that would make a difference, and meanwhile, hey guess what, the government would have the same amount of money that it does, hence everyone wins. Too bad the American public isn't smart enough to realize this.
