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MaxUdargo  ·  4829 days ago  ·  link  ·    ·  parent  ·  post: Debunking the Bunk
That's not what I see in the data. Looking at the second link, which looks at receipts as a percentage of GDP, I see drops in revenue both during Reagan's presidency and during Bush Jr.'s.

Look, don't get yourself too worked up about deficits and the national debt. Remember when Bush was president? Nobody cared about deficits. In fact, Cheney famously said that "Reagan proved that deficits don't matter." It only became an issue when a Democratic president was elected, eager to pursue a Democratic agenda. The day Obama was elected the debt became an urgent national crisis and we suddenly had no money to spend.

The day Obama leaves office and is replaced by a Republican, from that day forward you'll never hear another word about deficits or the debt. The Republicans will continue to do the only thing they're good at: running up the national debt. $20 trillion, $40 trillion, $80 trillion... it will keep going higher and higher and nobody except an occasional economist crank will mention it again. The debt "crisis" is a tool to prevent Democrats from advancing their agenda, nothing more. At least we hope so, because we know the Republicans won't care about it once they're in power again.