{"id":3131,"date":"2012-03-06T23:17:29","date_gmt":"2012-03-07T03:17:29","guid":{"rendered":"https:\/\/www.urbin.net\/blog\/?p=3131"},"modified":"2012-03-06T23:17:29","modified_gmt":"2012-03-07T03:17:29","slug":"factual-observations-about-the-us-federal-debt","status":"publish","type":"post","link":"https:\/\/urbin.net\/blog\/economy\/factual-observations-about-the-us-federal-debt\/","title":{"rendered":"Factual Observations about the US Federal Debt"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Let’s look at this data and what it shows.<\/p>\n

\u2022 The vaunted “Clinton Surplus” was, in fact, the work of a GOP House that was willing to fight for fiscal sanity (current Ohio Governor John Kasich was one of the architects of the surplus); in addition, two events conspired toturbocharge the economy<\/strong><\/a>\u00a0— in spite of Clinton, not because of him.<\/p>\n

\u2022 Liberals like to talk about Reagan’s deficits, but they ignore the fact that every budget Reagan ever sent to the Democrat-controlled House was declared “dead on arrival”. Reagan supported a Balanced Budget Amendment, sought to eliminate useless agencies like the Department of Education, and otherwise believed in the U.S. spending within its means.<\/p>\n

\u2022 Since the Democrats took control of Congress in 2007, they have jammed through the most fiscally irresponsible spending programs in world history (I won’t use the word “budget”, because they’ve refused to propose a budget for roughly 1,029 days).<\/p>\n

In short, Democrats\u00a0never<\/em>\u00a0propose less spending than Republicans — unless we’re talking about defense. And now, after four years of Democrat-controlled spending, the federal government is forced to borrow 40 cents for every dollar it spends.<\/p>\n

HT to Doug Ross<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Let’s look at this data and what it shows. \u2022 The vaunted “Clinton Surplus” was, in fact, the work of a GOP House that was willing to fight for fiscal sanity (current Ohio Governor John Kasich was one of the architects of the surplus); in addition, two events conspired toturbocharge the economy\u00a0— in spite of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6,50,52,19],"tags":[140,251,262,294,319,414,574,584,621,839],"class_list":["post-3131","post","type-post","status-publish","format-standard","hentry","category-economy","category-obama-economy-politics","category-bho-politics","category-politics","tag-barack-obama","tag-culture-of-corruption","tag-democrat","tag-economy","tag-federal-debt","tag-incompetent","tag-obama-economy","tag-one-term-president","tag-politics","tag-worst-president-ever"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pab4zg-Ov","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/3131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/comments?post=3131"}],"version-history":[{"count":0,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/posts\/3131\/revisions"}],"wp:attachment":[{"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/media?parent=3131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/categories?post=3131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/urbin.net\/blog\/wp-json\/wp\/v2\/tags?post=3131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}