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URL:  http://boards.fool.com/yes-facts-are-stubborn-things-more-stubborn-30405442.aspx

Subject:  Re: Facts are stubborn things Date:  11/29/2012  3:39 PM
Author:  DufusGoneSplat Number:  1841008 of 1977319

Yes, facts are stubborn things. More stubborn facts:

1) We haven't had a budget surplus when Democrats controlled Congress since 1969.


And we haven't had a budget surplus with a GOP president since Eisenhower in 1960.


2) The Democrats controlled the House in every year of Reagan's Presidency and controlled Congress in 2 years.

In Reagan's 1982 budget, Congress, including the GOP controlled Senate spent 103.12% of Reagan's requests. The other seven years, Congress spent less than Reagan requested. In the two years the Dems controlled both the House and the Senate, they spent an average of 92.71% of Reagan's requests.


3) Spending as a percentage of GDP hit a 35-year low (18.2%) in FY 2000 after 6 years of Congress being controlled by Republicans.

Actually, it was 17.98% in 2000 under President Clinton, who signed those budgets. As soon as Bush-II got into the White House, and with the cooperation of the GOP House and the GOP Senate, those percentages began to rise. It was 25.24% of the GDP in Bush-II's last budget year.


Sorry - I have to cut this short. Time for my massage.
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