Republicans have fooled Americans into thinking they’re all for cutting the deficit. And if you listen to them long enough and fail to do the most minimal of research, you will tend to believe the lies. But here’s a little breakdown from Robert J. Elisberg that shows how concerned Republicans were when the deficit exploded… under Republican Presidents.
During the administrations of Ronald Reagan and George H.W. Bush, the national debt increased a combined 35.6%. It was the largest debt increase in U.S. history. Mr. Reagan alone tripled the national debt from $997 billion to $2.85 trillion.
Yet Republicans didn’t complain, didn’t rise up in anger, didn’t revolt. In fact, what Republicans did do was lionize Ronald Reagan as a patron saint, the near-God of conservatives.
Under George W. Bush, the national debt increased by a combined 27.1%. The U.S. budget went from a $128 billion surplus to a $482 billion deficit. The national debt doubled from $5.7 trillion to $10.7 trillion.
And there was no outcry by Republicans. Republicans didn’t complain, didn’t rise up in anger, didn’t revolt. Even when Vice President Dick Cheney was quoted, “Reagan proved deficits don’t matter.” Republicans didn’t complain.
In Bill Clinton’s administration, the national debt decreased. It went down by a combined 9.7%. Further — he balanced the U.S. budget.
And yet Mr. Clinton didn’t become a hero to conservatives, even the vaunted fiscal ones. The mere mention of his name still today causes body twitches.
Consider, too, that in every full administration since Nixon-Ford in 1973 up through George W. Bush in 2008 — EVERY national debt increase in America has occurred during a Republican administration. And EVERY reduction of national debt has occurred during a Democratic administration.
To this day, Republicans — that party of supposed “fiscal responsibility” — slam the Jimmy Carter presidency for incompetence. Yet the national debt went down 3.3% during the Carter administration.
Yea, there are those who refuses to do the google, and see for themselves. These are the unfortunate souls who still put their belief in the promises of the Republican party that they will “reduce the deficit.” But history is more than a subject taught in school, it also teaches us that those who fail to understand their history, tend to repeat it.
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