Spot the trend:

Reagan took deficit from 70B to 175B
Bush 41 took it to 300B
Clinton got it to zero.
Bush 43 took it from 0 to 1.2T
Obama halved it to 600B
Trump’s got it back to 1T

likesmart
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Nice repost...

funny

Fiscally responsible is an oxymoron

You should also plot the growth of the federal debt at the same time. If spending was financed with debt vs tax revenue then does it matter what the deficit was of expected income vs expected expenditures. A better judge of fiscal performance would be to find a time when both the deficit and the total federal debt both went down. Sadly I don't think that has happened in the last 70 years.

Deficit is a flow, debt is a stock. A negative deficit (a surplus) would lead to the debt going down. This happened in the 90s under Clinton.

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