Lostlover
JUB 10k Club
The deficit went from $700 billion dollars to $3 TRILLION during his presidency. So I guess if the deficit is around $56 trillion when Obama leaves office, will the GOP make a peep about it? Currently, our national debt is about $14.1 trillion dollars and President Obama has increased it about $1.5 trillion a year for his two years. Obama's not nearly on Reagan's pace, yet Reagan is known for wanting smaller government. Please explain this to me.
Obama's increase in the deficit is primarily from economic ideology. He believes that that the government must fill in where the private sector can't. This includes racking up debt to pay for education, emergency services and WIPs to get people back to work. Reagan's debt accumulation wasn't ideological, because as I've said before he talks about the problems with government yet he blew it up.
http://www.washingtonpost.com/wp-dy...03104_2.html?hpid=topnews&sid=ST2011020403674
Obama's increase in the deficit is primarily from economic ideology. He believes that that the government must fill in where the private sector can't. This includes racking up debt to pay for education, emergency services and WIPs to get people back to work. Reagan's debt accumulation wasn't ideological, because as I've said before he talks about the problems with government yet he blew it up.
http://www.washingtonpost.com/wp-dy...03104_2.html?hpid=topnews&sid=ST2011020403674























