February 15, 2019
The national debt hit $22 trillion this week. You won’t find many in either major party who think this is a healthy development.
But isn’t part of the reason people vote Republican because that party presents itself as fiscally responsible compared to Democrats?
For as long as the debt has grown, Republicans have been promising to stop it. Yet, in 1981 the national debt topped $1 trillion after former President Ronald Reagan’s first year. When former President George H.W. Bush left office in 1993, it was more than $4 trillion. His son, former President George W. Bush, would push it past $10 trillion.
Of course, Democrats were just as responsible for exploding the debt. President Barack Obama became the biggest government spender in world history, leaving office with an almost $20 trillion national debt.
This article was posted: Friday, February 15, 2019 at 8:01 am