Not even close, Jack, lies, damn lies
by
Stop-truth-decay
07/01/2008, 8:32 PM
and statistics. What you say is not true if you are view the figures based on the size of the economy. A simple example. Mr Smith earns 200,000 a year and has 20 grand in debt. Mr Jones earns 50,000 a year and has 5 grand in debt. They are both 10% of their income in debt. Yes, 20k is greater than 5 K, which is what you are pointing out--and is irrelevant.
What you also fail to mention is that the deficit was far higher during WW2 and until the late 50's than it was when Reagan became president. And yes, they have records for that. You could look it up, if you are really interested.
And you fail to mention that Bush 41 raised taxes--how come the deficit didn't decline, but continued to climb?