Basically, Republicans used concern over deficits to constrain what Democrats can do when they control the Presidency. That's it. When they control the government, fiscal responsibility goes out the door.
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The only things Republicans worship are money and their own power. Everyone else can go jump off the nearest bridge as far as they're concerned. Then a certain subgroup of them tries to act all high and mighty by hiding behind religion. UGH!
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Essentially what Joe is saying is that he's old enough to remember Richard Nixon, the last Republican to balance a budget. What is worse, though, is that every Republican has exponentially INCREASED the deficit while in office since Tricky Dicky got the boot.
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Trickle down didn't work under Reagan, the budget exploded. We built ships the navy didn't want or need, we built planes the Air Force didn't want or need.
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