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How did the debt double with fiscally responsible Republicans in control from 2000 to 2008?
Now before you go to blaming congress, remember Dumbya had veto power.
13 Answers
- JacaraLv 77 years agoFavorite Answer
TARP, Medicare-D, Wars, and Tax Cuts.
The big two are the Wars and Tax Cuts....only a moron does huge tax cuts at the time of war.
- Chewy Ivan 2Lv 77 years ago
Basically, they believe in an economic fairy tale called "trickle down prosperity," where if you rich people tax cuts and deregulate banking, they will make it rain money. Instead, they broke the economy by turning the mortgage industry into a Ponzi scheme and created the Great Recession. Also, they blew a lot of money on a couple wars that they didn't know how to finish.
- BugLv 77 years ago
Trick question. Republicans are not fiscally responsible.
Republicans in the House just passed a $287 BILLION tax cut for corporations, with no "offsets" to pay for it, of course.
- Anonymous7 years ago
Recession after 911 and War.
But his tax cuts increased federal government revenue. Pretty neat what happens when you put more money in people's pockets. They spend it = created jobs = creates a wider tax base (that means more people to tax)
You can only veto a finished bill that comes to his desk. You can't veto something that never gets passed by congress
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- dumbLv 67 years ago
Bush II proved to be and irresoponsible spender with few vetos, which spawned the Taxed enough already party. Barack though has proved to be Bush II on steroids with higher levels of insanity in spending, regulations, and stifling of the economic system.
- Anonymous7 years ago
That was a transfer of wealth. President DICK Cheney took Haliburton from a company on the verge of bankruptcy to a multi billion dollar corporation.
- princess pounderLv 77 years ago
Who claimed W was fiscal? Not this con. Republicans were very fiscal in the 90s under Gringrich though.
- cmac300Lv 77 years ago
Wars, that were approved of by the majority of Democrats. Funny thing is the wars have stopped under Obama yet the debt is going up faster now.
- jimmyLv 77 years ago
how did it double with the fiscally responsible Obama in charge since '09? and if you wish to be taken seriously, and NOT dismissed as a brain dead troll, do NOT use childish misspellings like "Dumbya"!