Republicans,party of fiscal responsibility ?????

Discussion in 'Politics & Religion' started by insider trading, Aug 30, 2009.

  1. Republicans love to say that Democrats spend to much and that they are the party of fiscal responsibility .A few facts


    The last time the budget was balanced,it was by a Democrat(Clinton)

    The last 3 times the budget was balanced,it was by Democrats,Clinton,Johnson,Truman

    The last Republican to balance the budget was Herbert Hoover

    Reagan and Bush quadrupled the national debt,Bush 2 doubled the debt,Clinton lowered it
     
  2. good post
     
  3. Thank you
     
  4. Republicans also like to say they are the party of family values.

    :D

    They also claim to be the party of life, not choice...

    Yet despite their efforts to take away the rights of a woman to choose, or the rights of the elderly to choose, or the right to a decent education, or the rights of the workers to unite collectively against the corporate masters...they choose to ignore the quality of life (or the lack of quality of life) of the poor and politically powerless between birth and death...

     
  5. Q: Which republican president balanced a budget?

    A: Dwight Eisenhower was last Republican President to preside over a balanced budget. He had a balanced budget in 1956 and 1957. Since then, there have been two presidents to preside over balanced budgets, LBJ in 1969 and Clinton in 1998 through 2001. During the last 40 years there have been five budget surpluses, all five were under Democratic Presidents: 1969, 1998, 1999, 2000, and 2001.

    To clarify, congress authorizes the budget. No Democrat congress has balanced a budget in 52 years (the last was in 1957 under Eisenhower). Republican controlled congresses balanced the budget all five times in the last half century including in 1969, 1998, 1999, 2000, and 2001.

    So the question is misleading in that the president alone cannot balance a budget. Congress has authority over financial and budgetary matters. For example, President Clinton vetoed the Republican's 7-year balanced budget plan in 1995 and finally capitulated in 1998.

    http://wiki.answers.com/Q/Which_republican_president_balanced_a_budget
     
  6. Lucrum

    Lucrum

    +1
     
  7. I forgot about Ike.(Ike could have easily been a democrat as he was not a career politician and was courted by the Democrats and Republicans.Ike also expanded many social and infrastructure programs like a certain other president)


    Congress approves a budget,But the President proposes it


    The Budget of the United States Government is the President's proposal to the U.S. Congress which recommends funding levels for the next fiscal year, beginning October 1.
     
  8. "To clarify, congress authorizes the budget. No Democrat congress has balanced a budget in 52 years (the last was in 1957 under Eisenhower). Republican controlled congresses balanced the budget all five times in the last half century including in 1969, 1998, 1999, 2000, and 2001."

    Is this your best argument for obama doubling the debt in 4 years ?

    :confused:
     
  9. The President makes and proposes the budget
     



  10. Stan Collender, a former congressional budget official, said the White House's new deficit numbers can't be blamed on Obama. Collender, now with Qorvis Communications, a Washington consulting firm, said that when President George W. Bush left office the deficit estimate for this fiscal year was $1.2 trillion, and that didn't include a tax adjustment and additional spending for operations in Iraq and Afghanistan, approved this year, that Bush also would have sought.



    P.S The debt wont be doubled in 4 years
     
    #10     Aug 31, 2009