Facts show a different story
To the editor:
Republicans and conservatives strategically promote themselves as the party of fiscal responsibility and restraint and claim that our nation’s debt is, by and large, the by-product of Democratic administrations, as a result of what they (Republicans) describe as a lack of necessary spending constraints on the part of Democrats.
However, such accusations and bombastic rhetoric are clearly contradicted by actual facts.
These facts are documented thoroughly in the very informative book “The History Buff’s Guide to the Presidents” by Thomas A. Flagel, as it is primarily under the leadership of Republican presidents when our great nation has experienced its largest percentages in the increase of our national debt.
Since the administration of President George Washington in 1789, the majority of presidents who have seen the largest increases in our national debt have been Republican and in office during the previous four decades.
The aforementioned Republican presidents, their ranking on the ignominious list and pertinent such data are as follows:
No. 4, Ronald Reagan, national debt increased from $994.8 billion to $2.87 trillion, an increase of 188.4 percent.
No. 5, George W. Bush, national debt increased from $5.8 trillion to $11.88 trillion, an increase of 105 percent.
No. 6, Richard Nixon and Gerald Ford, national debt increased from $353 billion to $706.4 billion, an increase of 101.1 percent.
No. 9, George H.W. Bush, national debt increased from $2.87 trillion to $4.35 trillion, an increase of 51.5 percent.
Current Democratic President Barack Obama, who Republicans demagogue as somehow “fiscally irresponsible,” ranks No. 10, as the national debt under his administration has increased from $11.88 trillion to $17.55 trillion, an increase of 47.8 percent.
No other Democratic president of the previous six decades is included on this list.
For the record, Republican President Abraham Lincoln ranks No.1 all-time with an increase of our national debt being realized from $65 million to $2.8 billion, an increase of 4,208 percent, primarily as a result of fighting the Civil War during his tenure in the White House.