Budget deficits since 1931

Posted on February 2nd, 2010 by ecthompson md

from WaPo:

Please click on photo to see the enlarged version (or click here). Stare at the graph for a minute. It should become clear that neither Republicans nor Democrats have the phrase “balanced budget” in their vocabulary. Reagan didn’t balance anything. He increased spending every year. Isn’t it nice to see a graph that simply lays out the truth?

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