Intelligentguess - Analysis of Market Economics » USA - Relationship between Total Debt ( data from 1929) and External debt as a % of the GDP (data from 1995)

Intelligentguess - Analysis of Market Economics » USA - Relationship between Total Debt ( data from 1929) and External debt as a % of the GDP (data from 1995)

I've talked a lot about the Republican cut and spend policy and how it is hurting out country. Here is a nice graphic illustration. It's a graph of the national debt as a percentage of GDP. Look at how in recent years what has happened under Republican Presidents. They increase spending but reduce revenue in the form of tax cuts. The size of government has grown incredibly under George W which is normally a trait of the Democrats.

I'd actually support a cut and cut policy if it reduced the national debt. Cut and spend is damaging the future of the country.