King of Debt

KING OF DEBT—
Reagan was King with 1700 Billon and Bush will replace him with an awesome 3759 Billion Increase in Debt.

Bush 2005 Budget-Five Year Forecast—Historical Tables 116-117.

Republicans scream—CUT GOVERNMENT—BALANCE THE BUDGET—TAX CUTS WILL PAY THEIR WAY

CUT GOV—Reagan said it many times. But, he increased the size of government more than any president. He increased Spending by 80%. Some Cut.

TAXES PAY THEIR WAY—

Reagan cut by 750 Billion but borrowed 1700 Billion to pay for it.

Reagan Income Tax Revenue Increase was 140 Billion. Little short of 750.

Bush cut 1700 Billion but will borrow 3759 Billion to pay for it.

Democrat Presidents use Fiscal Policies which Spend but Tax to Pay Their Way.

Republican Presidents Spend But Borrow and let our kids pay tomorrow.

From 1921 to 2004 Democrat Presidents created an average of 1,800,000 (rounded)new jobs per year.

Republican Presidents created an average of 800,000 per year.

Which party would you want managing your business.

clarence swinney
political historian
burlington nc--- www.cwswinney@netzero.net quote me