Subject: Re: 50 million to 1
And democrats are fiscally responsible? Uhhh...no.
Below is an Investopedia link of presidents and the debt by president, dollar and percent. The list goes back to the early 1900s, but I’m going to focus on the post WWII era. This eliminates some outliers caused by 2 world wars (impacting both R & D presidents) and brings it more current. Feel free to check my numbers.
Interestingly, since WWII, there have been 7 R presidents and 7 D presidents. I am also aware that the president only controls so much. Economies ebb and flow, control of Congress changes, presidential terms differ, etc. But that’s what we’re discussing, politics.
Also, I am using percents, not dollars, as it just makes a whole lot more sense to me and I’m too lazy to convert dollars based on inflation over the last 75 years or so.
The 7 Ds had an average debt increase of 22.4% per president (ranging from a Truman low of .2 and an Obama high of 64.4%) and the 7 Rs had an average debt increase of 52.4% per president (Ike 7.6% to Reagan 160.8%). The percent of debt increase was over 2 times higher under the Rs.
Even if you dropped off the lowest D and the highest R (just for grins and giggles and to accentuate the point), the average was D 26.1% and R 34.4%.
It seems Republicans talk more like fiscal conservatives, but Democrats act more like fiscal conservatives.
And so to answer Dope’s question “and Democrats are fiscally responsible?”, the answer is; A whole lot more than the Republicans.
https://www.investopedia.com/u...