View Poll Results: Who was the last Republican President to reduce the deficit he received?

Voters
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  • George W. Bush

    1 2.08%
  • George H. W. Bush

    1 2.08%
  • Ronald Reagan

    4 8.33%
  • Gerald Ford

    2 4.17%
  • Richard Nixon

    7 14.58%
  • None of the Above

    33 68.75%
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Thread: Who was the last Republican President to reduce the deficit he received?

  1. #21
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by Painter View Post
    Ironically, accounting seems to be the issue at hand here, more so than ideology.
    As an accountant, you know that there are many ways to manipulate the overall picture.
    Well aware.

    Both sides do this. One of the biggest manipulations is with Social Security... Runs a huge surplus, yet because the surplus is spent on bonds, it then creates "debt". The Left seems to not understand this well enough to ever make a point with it, and the Right deceitfully uses it to point and say Social Security is causing "debt".
    The Washington Slush Fund? Yes, I'm aware of its consistent manipulation from both sides.

    Anyhow, back to my point...
    The 2009 deficit is Bush's, not Obama's. And the same accounting applies to every Presidential term in that the first year belongs to his predecessor.
    When a President takes office, a majority of the deficit for his first year is due to things that occurred the year before.
    Obama has actually decreased the deficit by a higher percentage than any President in over 60 years if you consider the actual deficit that was handed to him.
    Also what is the number attributed to the recession for loss of tax revenue? Isn't it 380 billion?

    Compare this to a store manager taking over a store. For that next month, the orders have already been made, contracts signed, utilities already used, advertizements already purchased. The expenses for his first time period are already set in stone by his predecessor.
    Government works in a similar way, only it is done by years instead of months.

    Bush increased the deficit handed to him.
    Obama decreased the deficit handed to him.
    Now if you wanted to say, "That was Congress, not Obama", I would not argue with you.
    I will concede that 2008 was handed to Obama. However, overall he has not decreased it. It is not lower now than when he took office. It's lower now than it was a year ago.

  2. #22
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    Re: Who was the last Republican President to reduce the deficit he received?

    Looks like it was Richard Nixon.

  3. #23
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by Painter View Post
    Apparently you do not live in an area with a military base or government contractors.
    Several people I know, including my tenant, would all beg to differ with you.
    The sequester is hurting people severely.
    I'm not a Republican. I'm just stating what they seem to believe. Personally, it makes me wonder how Republicans manage to stand with all the twisting they have to do in order to discuss the sequester.

    In other words, I find the Republican position completely ridiculous, in nearly every way, not the least of which is the rather hypocritical nature of their position. Go back and read it again, I think you'd enjoy it.

  4. #24
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by Slyfox696 View Post
    I'm not a Republican. I'm just stating what they seem to believe. Personally, it makes me wonder how Republicans manage to stand with all the twisting they have to do in order to discuss the sequester.

    In other words, I find the Republican position completely ridiculous, in nearly every way, not the least of which is the rather hypocritical nature of their position. Go back and read it again, I think you'd enjoy it.
    What do you have issues with specifically...
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by P. Kersey View Post
    As if there is a difference between the 2 parties?

    .
    Do I have to point this out EVERY time it is brought up? Sheesh!!

    Everybody knows that democrat parties are open bar and at the republican parties you pay for your booze.
    "you're better off on Stormfront discussing how evil brown men are taking innocent white flowers." Infinite Chaos

  6. #26
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by AlabamaPaul View Post
    What do you have issues with specifically...
    What I said earlier:

    "Clearly you're not familiar with the present Republican position on the sequester.

    The sequester is something this country needs which will not affect anything, unless it affects it negatively, at which point it was Obama's idea. But, like I said, it will not affect anything, so if it does affect something negatively it's only because Obama wants to punish Americans with this thing our country needs, which, again, was his idea."


    Strangely, that makes sense to Republicans.

  7. #27
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by Gipper View Post
    I will concede that 2008 was handed to Obama. However, overall he has not decreased it. It is not lower now than when he took office. It's lower now than it was a year ago.
    In turn, I also do not disagree with your statement.
    But your still missing the point in that the 2009 deficit (Obama's first year) was created mostly under Bush during the year of 2008. This 2009 deficit is what was handed to Obama.
    The same applies for Bush's first year, it belonged to Clinton.
    As an accountant you should be aware that this is the most common way and the only reasonable way to assign credit or blame.

  8. #28
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by Slyfox696 View Post
    What I said earlier:

    "Clearly you're not familiar with the present Republican position on the sequester.

    The sequester is something this country needs which will not affect anything, unless it affects it negatively, at which point it was Obama's idea. But, like I said, it will not affect anything, so if it does affect something negatively it's only because Obama wants to punish Americans with this thing our country needs, which, again, was his idea."


    Strangely, that makes sense to Republicans.
    Did you really post this?
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

  9. #29
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by AlabamaPaul View Post
    Did you really post this?
    Twice now. Post #17 and #26.

  10. #30
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    Re: Who was the last Republican President to reduce the deficit he received?

    Quote Originally Posted by Slyfox696 View Post
    Twice now. Post #17 and #26.
    Yes, I saw that, but why?
    I don't often change my signature, but this was just too over the top to let anyone forget with what this country is up against...
    Quote Originally Posted by James D Hill View Post
    I am for gay marriage because it ticks off Jesus freaks and social conservatives. Gays are also good voters because the vote for my side so I fight next to them.

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