No. of Recommendations: 30
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.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.