Tuesday, August 2, 2011

For those with no memory....

I get really annoyed when people start mouthing myths as facts, particularly when they fly *against* all actual facts.

That the current deficit is somehow due to the democratic party or their priorities is simply and obviously not true to anyone who actually looks at the facts:


Fact: We had a national budget surplus when Bill Clinton left office.

Fact: The current debt is *entirely* due to George W Bush fighting two wars on credit.

If you don't believe me, look it up in any honest and unbiased source for historical news.

3 comments:

RebelMonkeyScott said...

Fact #1 is correct.

Fact #2 is not correct because although George W. inherited a budget surplus, the country still had a national debt ( about 5.6 trillion at the end of fiscal year 2000).

Source:
http://www.whitehouse.gov/omb/budget/Historicals

A more accurate statement for fact #2 would be the "...current budget deficit..."

CyberQat said...

Fair enough Scott, I stand corrected on the matter of a budget surplus v. a national debt.

Its still true though, I believe , that our two unfunded wars are what ballooned it to where it is now

CyberQat said...

Fair enough Scott, I stand corrected on the matter of a budget surplus v. a national debt.

Its still true though, I believe , that our two unfunded wars are what ballooned it to where it is now