Personal and fiscal responsibilities are fine when it is the responsibility of someone else, the Republican mantra and the 419 scheme of the past three decades. This confidence scheme requires you to believe the Republican Party is fiscally, ethically and morally responsible. This is just the latest in a number of confidence schemes seeking to separate you from your money. The 419 confidence scheme was derived from the fact that the telephone calls originated from the 419 area code so this one should be called the 202 scam. These originate from the 202 area code :-)
Reagen took the National Debt from 994 Billion Dollars to 3.76 Trillion Dollars or 378.2% in 8 years. Clinton in the same time frame took the National Debt from 4.35 Trillion Dollars to 5.77 Trillion Dollars or only added 1.325% much the same as his predecessor who actually fought a war to free a country. Then we have George W. who came so close to destroying the country he should have been impeached. GW took the debt from 5.77 Trillion Dollars to 11.09 Trillion Dollars or 206.4% in eight years and with little or nothing to show for it.
The chart below is a reality check for those that see the Democratic party as spend, spend spend and the Republicans as save, save, save and the upper chart does not include anything after 2005 but the lower chart does have the deficit number from 2006 -2010. Can't blame President Obama for the Debt. He just gets to clean up the mess of the Republican scammers; but don't let the facts sway your hard earned opinion.
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm for more information.
Fiscal Year |
Name of President |
Party of President |
Federal Spending |
Federal Debt |
Gross Domestic Product |
Inflation Adjustor
|
||||||
Billions
| Adjusted |
Increase |
Billions
| Adjusted
| Increase |
Billions |
Adjusted
| Increase |
||||
1978-2005 | Democratic | $15,379.00 | 9.9% |
4.2% | $78,184.00 | 12.6% | ||||||
1978-2005 | Republican | $27,654.00 |
12.1% | 36.4% | $132,188.00 | 10.7% | ||||||
1978–1981 | Carter | Democratic | $678 | $1,219 | 17.2% | $994 |
$1,787 |
-0.4% | $3,055 | $5,492 | 9.4% | |
1982–1985 | Reagan |
Republican | $946 | $1,396 | 14.5% | $1,817 | $2,680 | 49.0% | $4,142 | $6,108 |
11.2% | |
1986–1989 | Reagan | Republican | $1,144 | $1,499 | 7.4% |
$2,867 | $3,757 | 40.2% | $5,401 | $7,077 | 15.9% | |
1990–1993 |
Bush | Republican | $1,410 | $1,615 | 7.8% | $4,351 | $4,987 | 32.7% | $6,576 |
$7,536 | 6.5% | |
1994–1997 | Clinton | Democratic | $1,601 | $1,684 |
4.3% | $5,369 | $5,647 | 13.2% | $8,182 | $8,606 | 14.2% | |
1998–2001 | Clinton | Democratic | $1,863 | $1,821 | 8.1% | $5,769 | $5,638 |
-0.2% |
$10,058 | $9,829 | 14.2% | |
2002–2005 | Bush | Republican | $2,472 |
$2,165 | 18.9% | $7,905 | $6,923 | 22.8% | $12,238 | $10,717 | 9.0% | |
1977 | Ford | Republican | $409 | $1,040 |
$706 | $1,795 | $1,974 | $5,019 | 0.39 |
|||
1978 |
Carter | Democratic | $459 | $1,093 | 5.1% | $776 | $1,850 | 3.1% | $2,217 |
$5,285 | 5.3% | 0.42 |
1979 | Carter | Democratic | $504 | $1,107 |
1.3% | $829 | $1,821 | -1.5% | $2,501 | $5,494 | 4.0% | 0.46 |
1980 | Carter | Democratic | $591 | $1,175 | 6.1% | $909 | $1,808 |
-0.8% | $2,727 | $5,422 | -1.3% | 0.50 |
1981 | Carter | Democratic |
$678 | $1,219 | 3.8% | $994 | $1,787 | -1.1% | $3,055 | $5,492 | 1.3% |
0.56 |
1982 | Reagan | Republican | $746 | $1,252 | 2.6% | $1,137 |
$1,908 | 6.8% | $3,228 | $5,417 | -1.4% | 0.60 |
1983 | Reagan |
Republican | $808 | $1,294 | 3.4% | $1,371 | $2,195 | 15.0% | $3,441 | $5,510 |
1.7% | 0.62 |
1984 | Reagan | Republican | $852 | $1,300 | 0.4% |
$1,564 | $2,386 | 8.7% | $3,840 | $5,858 | 6.3% | 0.66 |
1985 |
Reagan | Republican | $946 | $1,396 | 7.4% | $1,817 | $2,680 | 12.3% | $4,142 |
$6,108 | 4.3% | 0.68 |
1986 | Reagan | Republican | $990 | $1,426 |
2.1% | $2,120 | $3,052 | 13.9% | $4,412 | $6,352 | 4.0% | 0.69 |
1987 | Reagan | Republican | $1,004 | $1,406 | -1.4% | $2,345 | $3,283 |
7.6% | $4,647 | $6,506 | 2.4% | 0.71 |
1988 | Reagan | Republican |
$1,065 | $1,447 | 2.9% | $2,601 | $3,534 | 7.7% | $5,009 | $6,806 | 4.6% |
0.74 |
1989 | Reagan | Republican | $1,144 | $1,499 | 3.6% | $2,867 |
$3,757 | 6.3% | $5,401 | $7,077 | 4.0% | 0.76 |
1990 | Bush |
Republican | $1,253 | $1,590 | 6.1% | $3,206 | $4,067 | 8.3% | $5,735 | $7,277 |
2.8% | 0.79 |
1991 | Bush | Republican | $1,324 | $1,610 | 1.3% |
$3,598 | $4,374 | 7.5% | $5,935 | $7,215 | -0.8% | 0.82 |
1992 |
Bush | Republican | $1,382 | $1,624 | 0.9% | $4,001 | $4,703 | 7.5% | $6,240 |
$7,334 | 1.7% | 0.85 |
1993 | Bush | Republican | $1,410 | $1,615 |
-0.5% | $4,351 | $4,987 | 6.0% | $6,576 | $7,536 | 2.8% | 0.87 |
1994 | Clinton | Democratic | $1,462 | $1,642 | 1.7% | $4,643 | $5,216 |
4.6% | $6,961 | $7,820 | 3.8% | 0.89 |
1995 | Clinton | Democratic |
$1,516 | $1,662 | 1.2% | $4,920 | $5,395 | 3.4% | $7,326 | $8,033 | 2.7% |
0.91 |
1996 | Clinton | Democratic | $1,561 | $1,673 | 0.7% | $5,181 |
$5,554 | 3.0% | $7,694 | $8,248 | 2.7% | 0.93 |
1997 | Clinton |
Democratic | $1,601 | $1,684 | 0.7% | $5,369 | $5,647 | 1.7% | $8,182 | $8,606 |
4.3% | 0.95 |
1998 | Clinton | Democratic | $1,653 | $1,721 | 2.2% |
$5,478 | $5,704 | 1.0% | $8,628 | $8,985 | 4.4% | 0.96 |
1999 |
Clinton | Democratic | $1,702 | $1,746 | 1.5% | $5,605 | $5,750 | 0.8% | $9,125 |
$9,361 | 4.2% | 0.97 |
2000 | Clinton | Democratic | $1,789 | $1,789 |
2.5% | $5,628 | $5,628 | -2.1% | $9,710 | $9,710 | 3.7% | 1.00 |
2001 | Clinton | Democratic | $1,863 | $1,821 | 1.8% | $5,769 | $5,638 |
0.2% | $10,058 | $9,829 | 1.2% | 1.02 |
2002 | Bush | Republican |
$2,011 | $1,929 | 6.0% | $6,198 | $5,945 | 5.5% | $10,377 | $9,954 | 1.3% |
1.04 |
2003 | Bush | Republican | $2,160 | $2,018 | 4.6% | $6,760 |
$6,316 | 6.2% | $10,809 | $10,099 | 1.4% | 1.07 |
2004 | Bush |
Republican | $2,293 | $2,082 | 3.2% | $7,354 | $6,677 | 5.7% | $11,500 | $10,441 |
3.4% | 1.10 |
2005 | Bush | Republican | $2,472 | $2,165 | 4.0% |
$7,905 | $6,923 | 3.7% | $12,238 | $10,717 | 2.6% | 1.14 |
2006 |
Bush | Republican | $2,655 | $2,249 | 3.9% | $8,451 | $7,158 | 3.4% | $13,016 |
$11,024 | 2.9% | 1.18 |
2007 | Bush | Republican | $2,730 | $2,263 |
0.6% | $8,951 | $7,419 | 3.6% | $13,668 | $11,329 | 2.8% | 1.21 |
2008 | Bush | Republican | n/a | n/a |
n/a | $10,024 | n/a | 1.1% | n/a | n/a | n/a | n/a |
2009 | Bush | Republican | n/a | n/a |
n/a | $11,909 | n/a | 1.2% | n/a | n/a | n/a | n/a |