Submitted by 00derek t3_10i05as in dataisbeautiful
LoveTendies t1_j5brtuy wrote
Reply to comment by historycat95 in US debt increases are independent of party in power by 00derek
While the other party has a great track record of massively cutting taxes mostly for the extremely wealthy, sending the deficit through the roof. Case in point, we had a budget surplus when Clinton left office. W said that meant Americans were being overcharged and pushed for big tax cuts, putting us right back into deficits. Most recently Trump did it, making a big deficit bigger.
DCBoyz4life t1_j5dls9w wrote
Clinton did a lot to accomplish that like selling off emergency oil supply and huge cuts in military spending. Not saying right or wrong, just that he didn’t wave a wand to magically cut the deficit.
gnugoo t1_j5enq04 wrote
Yet despite the massive corporate tax cuts, the layoffs still came.
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