I hope you are aware by now that [Republicans] don’t actually care about deficits. They just care about money being spent on things they don’t like, which outside of overpriced ships the Navy probably doesn’t need and more reinforced steel for the border fence includes pretty much everything. If, say, instead of seeking to spend more money for transportation, Barack Obama had proposed cutting the top marginal tax rate down to 8 percent, well, that would have had a completely disastrous impact on future deficits. But you wouldn’t have seen Republicans complaining about that, because the rich deserve more of their money back.
You also didn’t see Republicans complaining about deficits when George W. Bush was running them up. Oh, a few did. But the protests were infrequent and mousy. By and large, Republicans shuffled along.
Increase debt/GDP (in percentage points)
Jimmy Carter (1977-1981) -3.3%
Ronald Reagan (1981-1985) +11.3%
Ronald Reagan (1985-1989) +9.3%
George H.W. Bush (1989-1993) +13%
Bill Clinton (1993-1997) -0.7%
Bill Clinton (1997-2001) -9%
George W. Bush (2001-2005) +7.1%
George W. Bush (2005-2009) +20.7%
Barack Obama (2009-present) +9%
Obama is the only Democratic president since 1945 to be in the red. Also, please make note of the astonishing +20.7% in W’s last term.