Under trump deficit tops 21 trillion for first time

Discussion in 'Politics' started by JimH52, Mar 17, 2018.

  1. JimH52
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    JimH52 Gold Member

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  2. Yousaidwhat
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    Yousaidwhat Diamond Member

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    Last edited: Mar 17, 2018
  3. whitehall
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    whitehall Platinum Member

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    The deficit under the Hussein administration reached staggering record numbers and we didn't even get anything out of it except a stagnant economy and a crazy promise to "wean Americans off fossil fuel" while the rest of the world (including George Soros who created Media Matters) got rich gobbling it up. Hypocrite lefties who enjoy a booming economy only whine about the deficit during republican administrations.
     
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  4. Grampa Murked U
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    Grampa Murked U Diamond Member

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    For once you said something that I can agree with. For the most part the GOP has completely failed on the spending front.
     
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  5. EGR one
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    EGR one VIP Member

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    In 8 years, the Obama administration and congress ran up 10 Trillion in new debt. That calculates to 1.25 Trillion per year. And, that was without major tax cuts or building up our military.

    Fiscal restraint is only one element of fiscal responsibility. Long range solvency of the country is another element, and far more important than the first. The only way out of our debt crisis is to grow our way out, and that requires some spending. The fact that uncontrollable entitlement programs are eating up a larger and larger share of our tax revenues makes digging our way out of debt a hard nut to crack.
     
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  6. Tijn Von Ingersleben
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    Tijn Von Ingersleben Gold Member

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    It doesn't matter who is in office, If they maintain status quo alone the deficit will grow. You could put a mannequin in office...it would grow.
     
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  7. JimH52
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    JimH52 Gold Member

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    Except he pulled us out of a GOP inflicted near depression. trump gas been given a solid economy and STILL BALLOONS THE DEFICIT! But he had a good reason...to give 80% of a tax cut to the wealthy.
     
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  8. Confounding
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    Confounding BANNED

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    It's no big deal when Republicans do it because...reasons. :eusa_whistle:
     
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  9. JimH52
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    JimH52 Gold Member

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    Hypocrisy in Full View! They think no one will notice....
     
  10. Missourian
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    Missourian Platinum Member

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    Conversely, it's only a big deal when Republicans do it because...reasons. :eusa_whistle:
     
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