Wednesday, October 27, 2021

Republicans Are NOT The Fiscally Responsible Party


The chart above shows the federal government's budget deficit in each year for the last seven presidents -- four Republicans and three Democrats. Note that the budget deficit rose during the presidencies of Reagan, Bush I, Bush II, and Trump -- all Republicans. The deficit went down under the presidencies of Clinton, Obama, and Biden -- all Democrats.

The Republicans love to claim they are the fiscally responsible party. This chart shows that is simply not true. The budget deficit (and the economy in general) does better when a Democrat is in the White House. 

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