Democrats Getting Republicans Out Of Debt (Again)

From U.S Debt Load Falling At Fastest Pace Since 1950s:

• Four years after the storm hit, the economy is still deleveraging. And it’s very hard for any economy to grow when everyone is focused on increasing their savings.
• Total domestic — public and private — debt as a share of the economy has declined for 12 quarters in a row after surging over the previous decade.
• As much as we hear politicians, pundits, tea-party patriots and the Congressional Budget Office obsessing about government debt, it was excessive private debt — not public debt — that caused the 2008 financial meltdown. And it was private debt — some of it since transferred to the public — that lies behind the current European debt crisis. 
• In fact, since the recession ended in June 2009, total U.S. debt has risen at the slowest pace since they began keeping records in the early 1950s. 
• The ratio of total debt to gross domestic product has fallen from 3.73 times GDP to 3.36 times.