California Labor and Employment Law

Our National Deficit – Who Do I Blame?

Is anyone else concerned about the direction our country is heading towards? Because I know I am. Here is just one symptom of the problem, our nation’s skyrocketing budget deficit. The US has charged up its credit card like a spoiled teenager. And I believe there’s going to be hell to pay when the bill finally comes due. The fact that the world community is shunning US dollars, driving the decline of the dollar, is but a sign of things to come. Now here’s a question. Which political party in office has been more responsible for the nation’s spiraling deficit, fiscally conservative Republicans or social spending Democrats? Take a look at this chart, Deficits by President, or the answer. It might surprise you.

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