02-26-2017, 09:17 AM
(02-26-2017, 09:02 AM)Mikebert Wrote: Here is a chart of Federal deficit since 1950. Democratic and Republican administrations (lagged one year) are colored in blue and red, respectively. The reason for the lag is that incoming president inherits an economy and budget from his predecessor.
Let's be honest. The reason you use that lag is cherry picking to blame Republicans, for example for Obama's billion dollar "stimulus" program.