Joe...The national debt was almost zero towards the end of Bush Sr term and Clinton had a zero balance w/in three years after he took office...Clinton gave Bush jr a credit w/ zero balance...
It is unfortunate but a republican president has NEVER had a balanced budget in all of history....Kind of strange as they preach about the other party giving money away to freeloaders...
Currently I feel neither party is doing anything positive for the American people today...
As has already been said, I don't think (or I know) so on the national debt.
Bill Clinton left office with a government surplus and a private sector recession. Now we have a government recession and a private sector surplus. Just which side of the equation do you think is more important?
It's not that I don't care about a national debt or the goverment operating in a deficit but, I don't care THAT much. They have been mismanaging our money for a LONG time without my consent. I personally avoid financing and, other than maybe selling bonds to finance a war if needed, don't think the the government should, either.
We're in a position in which we're held responsible for what others do, a lot like the situation with the social security "trust" fund. The difference between what comes in and goes out today goes into this "fund" but, there's not a dime in it because BOTH parties have been robbing it for years and putting "IOUs" in, instead. The worst part is that Congress doesn't owe the money. We the people owe we the people. If I did it in the private sector with retirement money I kept out of your pay, they'd put me so far under the &*#@!!! prison! They're embezzling...ahem..."borrowing"....money on a daily basis that they know can never be realisitically paid back. Talk about out of control fiscal irresponsibility. No President will change it because it will make "their" economy look worse. Both parties are thieves.
The Republicans barely nicked taxes (along with sending out all those rebate checks that they were criticized for). The economy is the one thing they really did well and they didn't even know to run on it the last two election cycles. I don't remember one Repub standing up and saying "Look what our tax cuts did. Let's keep doing it until it doesn't work."
As I've been saying the last few years, your choices are now between the liberal party and the more liberal party. I think the Dems have moved so far to the left that Republicans think they can stand where the Dems once were and say "Hey, look. Compared to them, WE'RE the conservatives." 1960s Democrats were more conservative than today's Republicans.
I have a campaign ad from the 70s by a Democrat running for Senate that bears the slogan "Join the tax revolt!" Think you'll ever see THAT again?
