It matters...
Clinton and Obama are the only Presidents in the last 50 years that have reduced the deficit on their watch.
OMG, this is the kind of thing what makes me weep for the level of education/civics in America.
Obama hasn't "reduced the deficit." The deficit has increased MASSIVELY every year under Obama.
His BULL SQUAT claim is that he's reduced the RATE OF INCREASE in the deficit. Which is kinda sorta true. The percentage INCREASE in the deficit has dropped slightly each year since 2009, as the economy has slowly improved.
But that's like your dumb ass financially irresponsible friend who proudly claims he has been "been responsible" this year because they only increased their credit card debt by $2,000 this year after increasing it by $2,500 last year.
You would rightly call "BA" on your friend. You should do the same with Obama.
Clinton's claims, during a roaring economy and record revenues, were still smoke and mirrors, based on "balancing" the budget by robbing money from the social security trust fund, which, of course, was BS.
The last President to truly balance the budget, in any sort of a sane, non-BS way that would make sense to any rational money manager, was CALVIN COOLIDGE, about 90 years ago.
Both major parties piss your money away- they simply disagree on how to waste your money.