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Tag: Debt

Deficit Has Only Been Reduced By Two Presidents in 50 years?

Presidents and Reduced Deficit Clinton and Obama were the only two presidents to reduce the federal deficit since 1967? Since 1967 there has been Lyndon B. Johnson, Richard Nixon, Gerald Ford, Jimmy Carter, Ronald Reagan, George HW Bush, Bill Clinton, George W Bush, and Obama in office. Summary This makes the claim that there was […]

Reagan vs Obama – Deficit Edition!

Did Reagan triple the deficit? Did Obama cut it in half? I see this one on social media pretty often, and keep meaning to discuss it, so here it is. While I understand as most people do, that Congress controls spending and the budget [1], for the sake of this argument I’m going to keep […]

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