Quote:
Originally Posted by TheProfessor
Recessions.
There has been a recession on average every 7 years since the founding of this country.
President Clinton handed to President George Bush a balanced US budget.
Then President Bush pushes a tax cut. Voila! No more balanced budgets ever since.
Today, we have another tax cut. Bingo!
The national debt is approaching $20 trillion dollars. Who pays just the interest on the national debt? Never mind the principal.
Ya. We are on the road to fiscal stability and responsibility.
It ain't rocket science.
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10 trillion of that debt alone comes from the president you left out....Obama. More debt than all administrations in American history combined. It's a mess in D.C. & I don't see that clearing up anytime soon. Tax cuts bring in more money to the government....problem is the government never cuts the spending.
They don't call it the "uni-party" down there for nothing.