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Economy: Republicans break it, Democrats fix it
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Published: September 21, 2008
When Reagan took office, the national debt was just under $1 trillion.
Eight years later, it was $2.6 trillion. After four years of Bush I, it was up to about $4.5 trillion. Clinton slowed the deficit spending and was online to balance the budget by the end of 2001, the first time since the Kennedy administration. Bush II took care of that pesky budget surplus and the next eight years….well, just look around.
As far as the economy goes, the Republicans break it and the Democrats fix it. I don't get it. What is there to think about?
Rich Heter
Marion
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