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1/27/2016 9:12:08 AM
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No statement about military spending is going to make the graph I provided go away. Our debt growth began right when Reagan eliminated those tax brackets. Obviously the deficit is a result of both spending and taxation issues. Your statements about Obama and Sanders are irrelevant because I took no position on them. I do not believe Obama achieved anything, but likewise I do not believe he was responsible for anything. The largest deficit took place in his first year when we were still in a Bush budget, and was a result of the financial crisis that began before Obama took office. So he was not responsible for those issues. But at the same time he failed to legislate any meaningful change to prevent the extreme income inequality that is currently devastating our middle class. On the other hand, Reagan actually did legislate a lot of change, negative change. He is entirely responsible for the problems that he created. And since then Republicans have only taken his views even further to the extreme. Likewise Bush and the Republicans were largely responsible for the 2008 crisis because they were the ones pushing to give everyone a mortgage.
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