Has anybody noticed in the chart presented by Peace and this chart

http://www.iatse728.org/home/deficitgraph.htm

that the budget deficit was on the increase just before Reagan took office and that it was decreasing when Bush 1 left?

This is not true with the Nixon/Ford terms but it is true with the Ford term.

Carter inherited a shrinking budget deficit and left a growing one to Reagan

In other words Reagan inherited a growing budget deficit and Clinton inherited a shrinking deficit.

Likewise GWB inherited a growing budget deficit and now it is shrinking.

A sort of a pattern emerges. Democrats turn it from shrinking to growing and Republicans turn it around from growing to shrinking.

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