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When you have a bill - YOUR bill - and you choose to pay it with a credit card - the resulting debt is YOUR debt - that you will have to pay someday with YOUR money. People are keeping more of their money TODAY rather than paying their debt TODAY. It will have to be paid - plus interest - tomorrow. Revenues increased at a pace less than before. Accountability. That's an important conservative value, isn't it? Bush, Bush and Reagan own the vast majority of the responsibility for our federal debt. |
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Back to the OP though, we're talking about spending, not the national debt and like I've already explained once already, spending bills and the earmarks that accompany them can only originate in the House, so pinning the blame of federal spending on any President illustrates your ignorance about how spending bills originate and get passed into law. Federal spending has increased EVERY SINGLE year regardless of which party was in charge of congress: ![]() You lefties are right about one thing though, the Bush Admin with a republican congress are the biggest culprits of all time, but don't get all high and mighty yet, no ones hands are clean. ![]() One last chart for those of you that don't think that "Universal Health Care" will be expensive, lets just take a look at how spending on Medicare and Medicaid has changed: This figure is shown as a % of GDP.IF federal spending doesn't get reigned in this country is headed down a road of fiscal disaster and the only way to get these politicians in check is to make them fear for their jobs. Right now they think they can spend you money better than you can, in fact they don't even see it as your money which is why they don't think twice about wasting it on crap you may never get to use like: Quote:
Lastly here is a listof the big oinkers for 2k8 and I'll cite a couple of examples. Quote:
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Last edited by Anikdote; 07-16-2008 at 06:32 AM. |
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Two people spend a hundred dollars.
One uses cash. The other uses credit. One is responsible, the other is not. When you are comparing spenders you look at DEFICIT SPENDING. Presidents who spent more than they brought in: 1 FDR 2 BUSH 3 BUSH 4 Reagan 85% of the federal debt belongs to 2.3. & 4. CBO historical budget data. Look it up and bring you calculator. Clinton is at the BOTTOM of the list. He spent alot of money - he also brought in alot of money and had a balanced budget. The spending process begins and ends with the President. He sets the agenda by submitting a budget by the first Monday in February. He then has the ability to veto what Congress gives him. The buck stops at the top. |
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