Politics, Debt, Balancing the Budget and Facts

There is considerable hype from both sides of the aisle about the economy and balancing the budget... 

zFacts.com graph assigning net debt (economic output/national debt) to each President.

 

 

 

 

 

I don't know how else to frame the discussion if you are looking at facts...

Tax and Spend.  A DEM Model.

GOP has a horrid record balancing the budget.  Morbidly ironic if you actually listen to the words coming out of conservative politicians the last four years.  From a fiscal standpoint, Democrats may tax and spend like households buy their landscaping materials with a debit card. 

Borrow and Spend.  A GOP Model.

Republicans have a history of borrow and spend.  Like borrowing the most during the times when interest rates are highest in order to finance wars, corporate handouts to prescription drug companies, and handouts to the very richest who have benefited the most from the general economy everyone has built.

GDP growth has alot to debt to gdp, tax revenues, and income inequality.  More on that later...


Debt to GDP by Presidents.