Presidential Debt

I say I have done research and found the same info. I searched the gallup polls among other sites...

To each his own.

I feel much like you do- based on reading your posts.

@Annie my comment was that the national debt increased under Reagan.  This is true, is it not? There is no debate around that fact even among conservative economists.  However, there is debate about the causes but not the fact that it did indeed increase dramatically under his leadership. This isn’t about % per capita income.  I stated a fact about the national debt and that info is true.

 If you have concern with that source I posted there are many, many sources online that support my information.  Perhaps the best source is the CBO.  My research included data from  the Congressional Budget Office. (The actual federal entrusted institution that provides Congress with official data in constructing the budget.)  You can't get any better source than the ACTUAL office that the Senators, Reps, and President use.  

The numbers are consistent.  Under Reagan’s leadership the country amassed the biggest increase in the national debt since World War II.  There is no debate on that.

If we sincerely care about this issue then let’s seek to deal with the bottom line.  We have to evolve beyond partial politics in order to prove a point.  I was actually shocked by what I found.  

I was even more confused at why conservatives don’t acknowledge the real problem of why debt is increasing in this country.  Those that know the information are purposely misleading people to believe this is a party issue.  This is an issue of poor management of the country’s resources, over consumption of Americans, wasteful war debt, broken systems, power hungry political parties and greedy corporations.

This is not about Republicans and Democrats, yet at the same time it is ALL about them.  They both created the problem (some more than others) and they have different ideas on how to solve it.  Any other position is untrue and misleading.

 The debt has steadily risen among every President (especially the conservative ones) This is a conversation about the national debt.

The rate of growth in Federal spending fell from 4% under Jimmy Carter to 2.5% under Ronald Reagan.[2] As a short-run strategy to reduce inflation and lower nominal interest rates, the U.S. borrowed both domestically and abroad to cover the Federal budget deficits, raising the national debt from $997 billion to $2.85 trillion.[18] This led to the U.S. moving from the world's largest international creditor to the world's largest debtor nation.[19] Reagan described the new debt as the "greatest disappointment" of his presidency.[20]  

The excerpt above is from a book written by Lou Cannon.  He is a biographer, historian and past supporter of Reagan.

So what does it tell us? Yes, Reagan actually cut federal spending but the debt almost tripled!  So obviously cutting social programs is not the answer to reducing the debt.  

This current conversation to cut federal programs to decrease the national debt debate is another way for parties to distract people from a real conversation about the cause of the rising debt. And besides, attacking programs that help “those” people (poor people) is a much more effective way of rallying the right.