4 ms·
LBJ was the only President since WWII to actually reduce government spending in a given year. Carter made the tough call of appointing Volcker and taking an ec
by yourbandsucks 8y ago
LBJ was the only President since WWII to actually reduce government spending in a given year.
Carter made the tough call of appointing Volcker and taking an economic hit to fix the inflation problem.
Bill Clinton did in fact leave office with a budget surplus. He deserves at least 50% of the credit, maybe more, for keeping the government running effectively while being starved by the Republicans.
Obama inherited a record deficit and economy in free-fall, he still managed to cut that deficit in half.
I'll take that record on deficits over those of Reagan, GWB and Trump any day.