Oh, you want to talk about debt? Great, lets start with the FACT that obama increased our national debt from 9 trillion to almost 20 trillion in 8 years, more than all other presidents combined. Yeah, lets talk debt and which party's policies have created most of it.
Trump's military expenditures were all funded by congress and included in the budget. do you really want to get into this?
Obama did. See I do not deny that nor did I support much of anything Obama did so yours really is not a valid rebuttal.
The budget was not funded. It ran us into another trillion dollars in debt (just like Obama).
The thing is Obama didn't do that.
The bush boy took our national debt to nearly 13 trillion dollars. He kept most of his wars off the general budget. Funding for it was mostly done by "emergency" spending bills. When Obama took office that debt was added to the general budget. Over night it shot up from 10 trillion to nearly 13 trillion dollars.
Obama started with a national debt of just short of 13 trillion dollars. He took that debt up to 19. trillion.
He added 6 trillion to the national debt. He also slashed the deficit by nearly 1 trillion dollars. The bush boy left a new historic high in deficit and over 1 trillion for the first time in our history. That deficit was 1.4 trillion when Obama took office. When Obama left office it was 400 and something billion. Which is nearly 1 trillion decrease in deficit. If he had more time or the republicans had worked with him, he would have eliminated that deficit and started to work on lowering the debt, just as Clinton was doing. Then the bush boy came along and blew it all up.
Obama got at least a little control on it but trump is president now and it's back to being out of control.
I really wish people would be honest.
Obama ran up the debt. Argue if you wish that you believe he had valid reasons to but I simply noted that like Trump he cut taxes and ran up the debt. He did.
Yes Obama ran up debt. Just not the amount that the republican you replied to stated.
All presidents do. However Obama was handed an economy in free fall. He had to spend to save our economy. It's basic economics. If he had not done that all you have to do is look at what hoover did to cause that depression and for it to last for as long as it did and for it to get worse than it could have been if the proper economic policy had been followed at the time.
While all presidents do incur debt, democratic presidents do it at a much slower rate. At least since reagan. Since that time it's been republican presidents who add huge amounts to our national debt and budget deficit. Clinton had the reagan/bush budget deficit eliminated. He balanced that mess reagan/bush left him. Created hundreds of billions in surplus, added to the national debt at a much slower rate than reagan/bush, had paid back the money reagan/bush had stolen from social security and and stopped the theft from the fund. He left a plan to have that reagan/bush national debt paid by 2010. Clinton wrote balanced budgets. reagan/bush never did that. The bush boy came next. He like reagan/bush before him, never wrote a balanced budget, he restarted the theft from social security, drastically slashed taxes and kept most of his war spending off the general budget. He left office while our economy was collapsing. Obama was handed just under 13 trillion in national debt and 1.4 trillion in budget deficit. He took that national debt to over 19 trillion and slashed the budget deficit by nearly 1 trillion down to 400 and something billion.
Obama didn't cut our taxes. He increased taxes on the rich and left the rates the same for everyone else. The bush boy tax cuts were going to expire. A part of the stimulus was keeping the tax rates the same on everyone but the rich.