Quote:
Originally Posted by DeHannen
Ming, of the last thirty years, the DEMS controlled Congress and APPROPRIATIONS for 18 of those years. And in everyone of those years the deficit went higher than the previous year. The Republicans controlled Congress for twelve years. From '94 to 2000 they did an average job of keeping spending in check. You have to remember that the Treasury was filling its coffers from the capital gain taxes on the dot com BUBBLE. So spending was still increasing, but the tax revenues were outpacing the spending which allowed for the budget deficit to be reduced and actually eliminated at one point. All by a Republican Congress, Not DEM.
In 2001, some idiot in the WH known as "the architect" thought the Republicans could hold on to power by spending outlandishly. This doctrine was a complete failure.
Again, history shows that DEMS cannot restrain themselves from spending. Who do you think invented baseline budgeting: The DEMS.
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Authorized and appropriated by Congress based on the President's submitted budget. The President sets the tone of the budget and has veto power over any Congressional budget resolutions. When it comes to budget responsibility the President is #1.
Congress is a close #2 and was at the very least complicit but more accurately a strong force in overspending and under taxing which has led us to where we are now. There is plenty of blame to go around on both sides.
My point is regarding the
MYTH of GOP fiscal responsibility that is continually perpetuated. There is no evidence to support this myth and Republicans, of all people, should be outraged at the behavior of their own party if they are intellectually honest about it.