Utah Democratic Party Perpetuates Clinton Surplus Myths
The Utah Democratic Party seems to be about as truth challenged as the mis-guided and hypocritical “teabaggers” throwing hissy fits parties today. (Seriously, where were you guys when Bush racked up trillions in deficits? Worshiping at the shrine of fellow debt addict Ronald Reagan?) From a press release issued today:
In January 2001 when Bill Clinton left office, it was projected that by now our national debt would be paid off.
This is just the latest in a series of historical revisions to give the impression that Democrats are the party of fiscal responsibility at a time when they are continuing the Bush legacy of giving away taxpayer funds to wealth corporations and using economic means to engage in social engineering. The facts simply do not bear out their claims.
In fact, the federal deficit decreased in exactly one of the years that President Clinton was in office. Yeah, one. The amount of debt incurred by Bill Clinton is around $1.54 trillion dollars, placing him third behind George W. Bush and Ronald Reagan. And that blip in 2000? An anomaly as the dot-com fueled economic bubble of the 90s collapsed upon itself in grand fashion the next year. Making long-term predictions off of a single year of results is idiocy.
You also can’t conveniently blame Congress. Democrats were in charge of the House during Reagan’s excesses, Republicans and Democrats split the years during Clinton’s, and both parties split the blame for Bush. Both of you are debt addicts.
The hypocrisy doesn’t end there:
Utah Democrats have been a consistent voice against the ballooning of the national debt during the Bush years.
So now that the Bush years are over, deficits don’t matter since now you can borrow-and-spend on your pet issues and projects, right? Except, of course, the Democratically-controlled Congress decided to go along with Bush deficit spending for two years including the $850B bank bail-out funded entirely by deficit spending. So which is it, guys? Is deficit spending always bad or just when you aren’t in control of the taxpayer credit card?
If Democrats want to be taken seriously as fiscal conservatives, they need to stop trying to lie their way into the role. You guys are as bad about idolizing Clinton as Republicans are about Reagan.
(And don’t think the teabaggers got off scott-free. I’ve got plenty to say about those bozos later.)