Now that we found a way to blame the republicans. Of course Obama is doing something about the deficit, "the deficit is failing at it's fastest level ever" is because it was $1,100,000,000,000.00 in a single year under his watch. He has never completed a budget cycle.
By the way, the "Bush tax cuts" had the greatest tax rate reduction in the lowest bracket, 15 to 10% and benefited the largest group of people.
Also, tax receipts, I refuse to call it revenue - you have to work for revenue, are the highest ever last year. They were previously highest under Bush not Clinton.
Clinton is always looked at as an economic model, he was at the right place, right time.
Huge reductions in defense spending, huge productivity increases due to technology, expansion of a global economy and unprecedented growth in the stock markets.