HARR this!
When Ronald Reagan was elected in 1980, the federal debt was just under $908 million.
Eight years and several tax cuts later, it was $2.6 trillion. Difference: +186%.
Taking the $2.6 trillion debt he inherited, George H.W. Bush took us up to $4.1 trillion in 1992. Difference: +58%.
In eight years under Bill Clinton, the debt jumped from $4.1 trillion to $5.7 trillion. Difference: +39%.
Under George W. Bush, that $5.7 trillion in 200o grew to more than $11.9 trillion in 2009. Difference: 108%%.
Let's see what Obama's deficits will be after four years. Of course your hero gave him a crap sandwich losing 700,000 jobs in January alone and the economy in free fall.
Which begs two questions: (1) Why do Republicans consider themselves the more fiscally responsible party? And (2) how did Reagan become the poster child of conservative budget policy?
I do not brake for Yankee Fans.
