jpete wrote:Are you agreeing with me or disagreeing?
The site seems to more or less support my view.
I'm not agreeing or disagreeing with you...I just like the fact that the site I posted gives more of a whole view of when this "fiscal mess" started regardless of who the leadership is...in one of the charts shown it was easily seen:
"In this chart, which we generated from the most recent historical data and projections (Table 7.1) from the Office of Management and Budget, it can be seen that the total federal debt in relation to the economy is reaching historically high levels — approaching levels not seen since World War II. But it can also be seen that the rise started long before Obama took office.
In fact, the upward trend began with Ronald Reagan’s fiscal 1982 budget, declined somewhat from fiscal 1997 through 2001, and resumed the upward climb with George W. Bush’s first budget in fiscal 2002 (which started Oct. 1, 2001).
And the rise accelerated as the economy slid into the worst recession since the Great Depression, starting in December 2007. As the economy shrank, the debt-to-GDP ratio jumped 5 percentage points in the fiscal year that started Oct. 1, 2007, and another 14.8 percentage points during the following year. Obama took office nearly one-third of the way into that 12-month period. At the time, the nonpartisan Congressional Budget Office was projecting the deficit for that fiscal year would be $1.2 trillion. It later rose to $1.4 trillion after enactment of Obama’s economic stimulus package, to be followed by back-to-back deficits of nearly $1.3 trillion in fiscal 2010 and $1.3 trillion again in fiscal 2011. CBO just projected the deficit for the current fiscal year, ending Sept. 30, will be $1.1 trillion."
Easily put...the "fiscal mess" started in 1982...so, the responsibility has spanned across "all leadership" since then and it's clear that none of them has taken the appropriate action to reverse the trend...the way I see it is you can't take a piece of a pie and call it a whole pie...