Political pundits often call the Republican party the fiscally responsible party. However, as this post will prove, that's a lie, a big fat one.
Question 1: Which modern President added $4.9 trillion to the national debt?
If you guessed Carter or Clinton, you'd be wrong.
Correct Answer: George W. Bush (Republican)
Question 2: Which modern President turned a deficit into a surplus? George H.W. Bush? Wrong. It was Democrat, Bill Clinton.
Question 3: Which modern President nearly tripled the national debt? Jimmy Carter? Nope. Ronald Reagan
In fact, President Carter increased the national debt by 42%
Ronald Reagan increased the national debt 189%
George H.W. Bush 55%
Bill Clinton 36%
George W. Bush 89%
So, the next time you hear pundits saying how Republicans are the party that does better handling the deficit and the nation's credit card, know that it's a lie, a big fat one.