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Collusion
WTF happened in 1971?
submitted 4 years ago by magnora7 from wtfhappenedin1971.com
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[–]DffrntDrmmr 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 4 years ago (0 children)
Reagan and Bush II increased the debt and deficit the most by providing tax cuts while increasing expenditures. The federal government is primarily financed by tax revenue.
Clinton actually reduced the debt as percentage of gross domestic product (GDP) by increasing tax revenues and decreasing spending.
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[–]DffrntDrmmr 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)