Can someone tell me the amount of debt Regan and the Bush's accumulated?

[merl]

yep, negative numbers bad. Just harder to quickly say 0 to (-2.5%) so I figured folks would get it. Total number, borrowing from a surplus is just a fancy way of saying tax. Especially when people start talking about means testing SS.

I still care about the deficit number because if that sits at 0 and the economy keeps growing the actual debt drops thanks to inflation. Inflation sure isn't going away.

Ans I suppose my point is that every leader in my lifetime except Clinton has been happy to spend and spend (R) or (D). And Clinton had a nice peace dividend combined with a new tech bubble.

[Delfuego]

http://www.snopes.com/politics/polit...debt.asp#photo



Have a graph...

Reagan left with 3 trillion in the hole
Bush Jr came in +3 trillion surplus, and left around 8-10 trillion in the hole depending on who you ask.
In fact if it wasn't for George Sr. tax hike (which got him voted out) we would be in a lot bigger trouble.
All Clinton did was ride the surplus created by GHWB.

[spqrzilla]

Reagan left with 3 trillion in the hole
Bush Jr came in +3 trillion surplus, and left around 8-10 trillion in the hole depending on who you ask.
In fact if it wasn't for George Sr. tax hike (which got him voted out) we would be in a lot bigger trouble.
All Clinton did was ride the surplus created by GHWB.

The original graph is false as Snopes reveals in its usual partisan way. There was no 3 trillion surplus when G.W. Bush came to office. That's ridiculous. In fact, there was no surplus at all when he entered office as Clinton's last budget FY 2000 was not projected to be in surplus.

[Delfuego]

http://www.snopes.com/politics/polit...debt.asp#photo



Have a graph...

Reagan left with 3 trillion in the hole
Bush Jr came in +3 trillion, and left around 8-10 trillion in the hole depending on who you ask.