The deficit was DECLINING when the GOP took control of both houses of Congress.
Since then, Trump and the Republicans have more than DOUBLED the deficit.
Strangely enough, none of the pseuedocon propaganda outlets have informed the Tard Herd of this fact.
Why should we care now? W and O blew it up 16 trillion. Now, we're all wringing our hands? Lol, dont think so bud. You're gonna crap when the reset happens.
W was handed a balanced budget, cut taxes, went on a spending spree and went to war. He wiped out the surplus, and handed Obama an economy shedding 500,000 jobs per month. Obama had few choices on the deficit. You can't just cut spending in a recession. You HAVE to spend or things get worse.
What is VERY TROUBLESOME, is that Trump is running these HUGE deficits in a growing economy, when he SHOULD be cutting spending. This expansion period is not going to last forever, and the contraction is apt to be much worse than W's Great Recession BECAUSE of the low tax rates. You cannot raise taxes in a recession, and you need to increase spending. Trump is giving the president to come in to clean up the mess that is to come, even less wiggle room than W left Obama.
Trump's obsession with "undoing" all of Obama's work is nearly complete. Obama's greatest work was saving the US economy from a total economic melt-down. Trump's almost finished undoing that. Trump's tax cut gives his successor few choices. You will have to cut military spending at least in half, and spending on health care. There will be no other choices. As always, the poor will pay for the tax cuts for the rich.