The only difference between Republicans and Democrats is that Republicans at least recognize that their addiction to debt is a bad thing.
And don’t forget a secret pathway to Marxism and implanting chips in our brain.
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That’ll take a while and considering gen z and millennials are the smallest generations yet, and boomers are the largest it’ll be expensive.
Silly Guy. Republicans don’t care about debt until Dems are in charge.
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That explains why Dems have balanced budgets, cut deficits, ended in surpluses and Republicans have not? Talk is cheap.
When did Democrats balance the budget and reduce the deficit?
Basically yeah.
Guy
That’s true.
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Over the past four decades Republican presidents have all increased the deficit while Democrats have all decreased. Pretty poor track record.
Clinton ended his term with a surplus and Obama, Biden have both reduced deficits.
Reagan/Bush
President Ronald Reagan took office in 1981, vowing to limit the size of government. Still, during his eight years in the White House, the nation’s deficit roughly doubled and topped $200 billion several times. Reagan’s successor, George H.W. Bush, also presided over a record-breaking deficit of $290 billion in 1992.4
Clinton
Under pressure from Republicans in Congress, President Bill Clinton, a Democrat, agreed to consistently cut the deficit and eventually oversaw the first budget surplus in decades
Bush/Obama
The U.S. budget deficit exploded in fiscal year 2009, ultimately reaching $1.4 trillion under President George W. Bush and the incoming Obama administrations struggled to contain the economic fallout from the financial crisis. Most of that deficit was created on Bush’s watch, but Obama and the Democratic-controlled Congress added hundreds of billions of dollars to it in early 2009.
4
The deficit would remain above $1 trillion through the 2012 fiscal year, but was slashed to as low as $440 billion in the later years of Obama’s presidency.
4
Trump
President Trump continued the trend of pushing the deficit higher as he sought massive tax cuts and increased defense spending. His first budget, for the 2018 fiscal year, recorded a deficit of $779 billion.
4
Biden
Biden’s Smaller Budget Deficit
One of Joe Biden’s campaign promises was to reduce the federal deficit, and there’s been progress on this account. The Congressional Budget Office (CBO) estimated that the federal budget deficit was $475 billion in the first five months of fiscal year 2022, which represented an amount lower than those for the years 2021 and 2020.
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Isn’t that basically how he runs his businesses? 
Guy
Yeah and I think that’s how you get out of paying taxes too.
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They probably did alright for a few years around 2018…
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Smoke and mirrors.
Clinton’s only contribution to achieving the first – and last – budget surplus in living memory was to not veto the Republican Congress’s balanced budget
Clinton
Under pressure from Republicans in Congress, President Bill Clinton, a Democrat, agreed to consistently cut the deficit and eventually oversaw the first budget surplus in decades
As for Biden’s “deficit reduction” claim:
Even CNN called President Biden out on his faux deficit-busting boasts:
"President Joe Biden took a victory lap on Friday for the biggest one-year drop in the federal deficit in American history.
That’s despite the fact that deficits remain historically high and all of the record-breaking $1.4 trillion deficit drop is driven by the fact that emergency Covid spending has lapsed.
Hours later, Biden championed his student debt forgiveness program – a program that completely wipes out the modest deficit savings created by the Inflation Reduction Act."
Glenn Kessler at the Washington Post gave President Biden three Pinocchios last year when he claimed credit for deficit reductions:
"Biden is citing real deficit-reduction numbers, but doing so in a way to mislead listeners.
The president is leaving out important context. The budget deficit was supposed to shrink as the massive spending caused by the pandemic faded."
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I figured you’d try to pick it apart. Clinton certainly could’ve done many things to increase the deficit, but he didn’t. Neither does that excuse the poor track record of Republican presidents who have made no attempt to reduce the deficit.
When you stake your whole economic policy on supply side/Reaganomics/tax cuts you’re going to have a problem reducing deficits and balancing budgets. Fiscal conservativism my ass.
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Congress controls the nation’s purse strings, not presidents. You’re right about Republicans being fiscal phonies but wrong about Democrats being fiscally responsible.
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More like redirecting wealth into the hands of the wealthy. This ideology is not presented as such but instead packaged and sold as “fiscal responsibility.”
Guy
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I’m not saying either one has been great but in comparison Democratic presidents have been more effective.
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The Democratic standard for “effectiveness” is no tax is too high, no debt too great, and no spending too much.
By that standard for effectiveness I have to agree Democratic presidents have been very effective. They would have been even more effective if Republicans would only cooperate.
Data: US Debt by President, Dollar and Percentage
So, Joe is set to rule them all:
Which president has put the United States the most in debt?
President Joe Biden is on track to add the most to the budget deficit, largely due to the costs associated with continuing to battle the coronavirus pandemic. In late 2021, Congress voted to raise the debt ceiling.
He loves the kids so much he’ll wreck their future to prove it.