This was written by some supply sider at the Dept. of Treasury. The Obama administration needs to fact check everything that was posted on these government sites under Bush.
http://www.treas.gov/education/fact-sheets/taxes/ustax.shtmlA brief summary:
There is almost no mention of debt explosion under Republicans. The 80's were just great under St. Ronnie. Any blips were not because of tax policy.
The 90's, under Clinton, was just luck and good timing, despite higher taxes on the wealthy.
In 1990, it was congress, no mention of GHW Bush, that enacted a significant tax increase but it was Clinton and Congress that raised taxes in 1993.
There is mention of the surplus handed to Bush but no mention of the 5 trillion he racked up in debt (a 10 trillion dollar turnaround)
Can it get any more dishonest?