Well, from Wikipedia, here are the actual facts, which Anonymous or anyone else could have found within two minutes:
As can be seen instantly, the vast bulk of our national debt was piled up in the administrations of Ronald Reagan and the two Bushes, the conservatives' champions of fiscal virtue. This includes, by the way, the budget with a $1.7 trillion dollar deficit passed in October of 2008, during Bush's term, which conservatives consistently blame on Obama.
In fact, Republicans have, since Nixon, adopted a policy of squandering the nation's money on the rich when they are in power, and then screaming like banshees about the debt when Democrats are in charge, to prevent Dems from acting in any way that does not benefit multinational corporations and their owners. That is the reality of Republican fiscal policy, and it is worth noting that the people who call themselves conservative have not a word to say against it when Republicans are in power. Their rage is stoked up for years, so they can let it loose on Democrats who attempt to bring the condition of American workers into parity with every other industrialized nation on earth.
This malignant falsehood is one of the principal reasons that the Republican party continues to exist despite its century long history of depredation of our economy. I may not be able to prevent the lie from being spread at Red State, Town Hall and the like, or, unfortunately at CNN and Fox News too. But I won't sit back while right wing jackals try to spread it here.