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Reply #5: Please be very, very careful...
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alofarabia
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Mon Jan-14-08 06:33 AM
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5. Please be very, very careful... |
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with this. Presidents can only sign or veto spending bills that are voted through Congress. If you replace the party of the president with the party controling Congress (if one party has both the House and the Senate) the results are somewhat different. 2002-present is of course due to an unnecessary and expensive war, but the rest of the time period on the chart is problematic. I would argue that during the Reagan years that taxes should have been raised on the wealthy to avoid/reduce the deficit in those years.
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