National Debt Under Trump vs. Other Modern Presidents

[Moonglow]

Rich man gets elected, gives permanent tax cut to fellow rich folks...The rest get a temporary and you think Trump is not part of the swamp,,, you must be insane in the membrane...

 

[WinterBorn]

Just FYI, here is the percentage by which each modern president has increased or decreased the national debt, starting with President Trump:

Trump: 4%

Obama: 68%

Bush Jr.: 101%

Clinton: 32%

Bush Sr.: 54%

Reagan: 186%

Carter: 43%

Ford: 47%

Nixon: 34%

Johnson: 13%

Kennedy: 8%

Eisenhower: 9%

Truman: 3%

Roosevelt: 1,048%

Hoover: 33%

Coolidge: -33% (33% decrease)

Harding: -7% (7% decrease)

Wilson: 727%

Sources:

Which President Added Most to the U.S. Debt?

National debt grew more slowly in FY 2017 under Trump

Seems a little early to cheer for Trump since his "count" didn't start till Oct 1.

He's trying to make the hypocritical GOP fiscal legislation look good..

if it's that easy why didn't obama do it?

the constant spitting on anything good about trump gets old. i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them.

most parents teach their kids not to do that somewhere around the 4th grade yet here we are living our identity politics and doing just that. revenge. MUST HAVE REVENGE!!

"i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them."
I think this is hilarious. After 8 years of slamming Obama, in some of the crudest ways ever, the republicans why crying about how Trump is treated? Really?

they are not - i am. you're taking what i am saying and making a strawman out of it. and when i say REVENGE then it must follow to reason that the other side did it also. we've been at each other like this for so long no one remembers "who started it" so we keep starting it over and over and over.

if you have issue with what i say - talk to *me* about it. going after all republicans in some generic rant isn't really a good response.

YOu brought up the subject. I expounded on it. Is it all republicans? No. But there has been a huge outcry about the "abuse" or hatred against Trump.

If I have a problem with what you say, I will reply. YOu spoke about "Obama fans". I spoke about republicans.

 

[depotoo]

But, due to his fiscal restraint measures he imposed after he started, the 2017 budget Obama approved, spending came in under what was budgeted.

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

 

[NightFox]

It is interesting that if one goes back 50 years (so modern political history) the party known as spenders has added a total of 156% to the debt, while the "conservative" party has added 422%.

True but it was a Democrat that broke Bretton Woods (i.e. started cheating to simultaneously fund The Vietnam War and The Great Society) which led to Nixon suspending it which enabled all this deficit spending to begin with, if it was still in place the degree of debt craziness we're seeing now wouldn't be possible.

So if you truly want to lay the blame on a party for the current woeful state of Federal Finances, it was a "bi-partisan" effort, Johnson killed the only effective spending control that was in place, Nixon delivered the eulogy.

 

[Harpy Eagle]

So if you truly want to lay the blame on a party for the current woeful state of Federal Finances, it was a "bi-partisan" effort, Johnson killed the only effective spending control that was in place, Nixon delivered the eulogy.

I agree 100% with this. The POTUS cannot spend money without approval from Congress. This is the main reason I have not voted for either a candidate from the two parties for POTUS since 1992

 

[Moonglow]

But, due to his fiscal restraint measures he imposed after he started, the 2017 budget Obama approved, spending came in under what was budgeted.

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

Congress approves the budget proposal sent by the executive branch...

 

[iceberg]

Seems a little early to cheer for Trump since his "count" didn't start till Oct 1.

He's trying to make the hypocritical GOP fiscal legislation look good..

if it's that easy why didn't obama do it?

the constant spitting on anything good about trump gets old. i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them.

most parents teach their kids not to do that somewhere around the 4th grade yet here we are living our identity politics and doing just that. revenge. MUST HAVE REVENGE!!

"i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them."
I think this is hilarious. After 8 years of slamming Obama, in some of the crudest ways ever, the republicans why crying about how Trump is treated? Really?

they are not - i am. you're taking what i am saying and making a strawman out of it. and when i say REVENGE then it must follow to reason that the other side did it also. we've been at each other like this for so long no one remembers "who started it" so we keep starting it over and over and over.

if you have issue with what i say - talk to *me* about it. going after all republicans in some generic rant isn't really a good response.

YOu brought up the subject. I expounded on it. Is it all republicans? No. But there has been a huge outcry about the "abuse" or hatred against Trump.

If I have a problem with what you say, I will reply. YOu spoke about "Obama fans". I spoke about republicans.

Bye

 

[jknowgood]

Just FYI, here is the percentage by which each modern president has increased or decreased the national debt, starting with President Trump:

Trump: 4%

Obama: 68%

Bush Jr.: 101%

Clinton: 32%

Bush Sr.: 54%

Reagan: 186%

Carter: 43%

Ford: 47%

Nixon: 34%

Johnson: 13%

Kennedy: 8%

Eisenhower: 9%

Truman: 3%

Roosevelt: 1,048%

Hoover: 33%

Coolidge: -33% (33% decrease)

Harding: -7% (7% decrease)

Wilson: 727%

Sources:

Which President Added Most to the U.S. Debt?

National debt grew more slowly in FY 2017 under Trump

Seems a little early to cheer for Trump since his "count" didn't start till Oct 1.

He's trying to make the hypocritical GOP fiscal legislation look good..

if it's that easy why didn't obama do it?

the constant spitting on anything good about trump gets old. i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them.

most parents teach their kids not to do that somewhere around the 4th grade yet here we are living our identity politics and doing just that. revenge. MUST HAVE REVENGE!!

"i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them."
I think this is hilarious. After 8 years of slamming Obama, in some of the crudest ways ever, the republicans why crying about how Trump is treated? Really?

You really want to compare how the media treated Obama compared to Trump?

 

[jknowgood]

Just FYI, here is the percentage by which each modern president has increased or decreased the national debt, starting with President Trump:

Trump: 4%

Trump just blew 1.5 Trillion a tax-cut bill, which is more than ALL of Obama signed spending combined, so take your ridiculous 4% and shove it up your ass.

Trillion-dollar deficits will hit sooner than expected

Lol, I lo e how liberals say a tax cut takes the government's money. Dumbass, it is the people's money.

 

[WinterBorn]

He's trying to make the hypocritical GOP fiscal legislation look good..

if it's that easy why didn't obama do it?

the constant spitting on anything good about trump gets old. i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them.

most parents teach their kids not to do that somewhere around the 4th grade yet here we are living our identity politics and doing just that. revenge. MUST HAVE REVENGE!!

"i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them."
I think this is hilarious. After 8 years of slamming Obama, in some of the crudest ways ever, the republicans why crying about how Trump is treated? Really?

they are not - i am. you're taking what i am saying and making a strawman out of it. and when i say REVENGE then it must follow to reason that the other side did it also. we've been at each other like this for so long no one remembers "who started it" so we keep starting it over and over and over.

if you have issue with what i say - talk to *me* about it. going after all republicans in some generic rant isn't really a good response.

YOu brought up the subject. I expounded on it. Is it all republicans? No. But there has been a huge outcry about the "abuse" or hatred against Trump.

If I have a problem with what you say, I will reply. YOu spoke about "Obama fans". I spoke about republicans.

Bye

LMAO!! See ya!!!

 

[nat4900]

Just FYI, here is the percentage by which each modern president has increased or decreased the national debt, starting with President Trump:

Trump: 4%

Obama: 68%

Bush Jr.: 101%

Clinton: 32%

Bush Sr.: 54%

Reagan: 186%

Carter: 43%

Ford: 47%

Nixon: 34%

Johnson: 13%

Kennedy: 8%

Eisenhower: 9%

Truman: 3%

Roosevelt: 1,048%

Hoover: 33%

Coolidge: -33% (33% decrease)

Harding: -7% (7% decrease)

Wilson: 727%

Sources:

Which President Added Most to the U.S. Debt?

National debt grew more slowly in FY 2017 under Trump

Mikey is trying to ERASE ANY DOUBTS that he is a fucking idiot posting Trump's "debt" after a year.

 

[depotoo]

That is true. But Congress had nothing to do with spending coming in under budget.

But, due to his fiscal restraint measures he imposed after he started, the 2017 budget Obama approved, spending came in under what was budgeted.

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

Congress approves the budget proposal sent by the executive branch...

 

[NightFox]

So if you truly want to lay the blame on a party for the current woeful state of Federal Finances, it was a "bi-partisan" effort, Johnson killed the only effective spending control that was in place, Nixon delivered the eulogy.

I agree 100% with this. The POTUS cannot spend money without approval from Congress.

Well yes, it's convoluted though, since the POTUS has some transfer authority and can take certain unilateral actions relative to spending on his/her own.

However, when Bretton Woods was in place, the amount of money that the federal government could spend was limited by the currency supply and that was pegged to gold @ $35 an ounce, so you couldn't print your way into theoretically unlimited deficits like we can today, not a perfect system but FAR better than the completely debt driven fiat system we have now.

Personally I always thought it was amazing that we were able to sell the rest of the world on going with a free floating fiat dollar as their reserve currency, eventually they're going to wake up and figure out that they've been scammed, at which point the piper will show up to be paid, game over, thanks douche bags-R, thanks douche bags-D.

This is the main reason I have not voted for either a candidate from the two parties for POTUS since 1992

I agree both parties suck and I'd rather eat glass than vote for or support either one of them.

 

[Moonglow]

That is true. But Congress had nothing to do with spending coming in under budget.

But, due to his fiscal restraint measures he imposed after he started, the 2017 budget Obama approved, spending came in under what was budgeted.

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

Congress approves the budget proposal sent by the executive branch...

No it doesn't. Each department has a policy of wanting more because if they don't spend their allocation then their budget is reduced..

 

[iceberg]

Just FYI, here is the percentage by which each modern president has increased or decreased the national debt, starting with President Trump:

Trump: 4%

Obama: 68%

Bush Jr.: 101%

Clinton: 32%

Bush Sr.: 54%

Reagan: 186%

Carter: 43%

Ford: 47%

Nixon: 34%

Johnson: 13%

Kennedy: 8%

Eisenhower: 9%

Truman: 3%

Roosevelt: 1,048%

Hoover: 33%

Coolidge: -33% (33% decrease)

Harding: -7% (7% decrease)

Wilson: 727%

Sources:

Which President Added Most to the U.S. Debt?

National debt grew more slowly in FY 2017 under Trump

Seems a little early to cheer for Trump since his "count" didn't start till Oct 1.

He's trying to make the hypocritical GOP fiscal legislation look good..

if it's that easy why didn't obama do it?

the constant spitting on anything good about trump gets old. i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them.

most parents teach their kids not to do that somewhere around the 4th grade yet here we are living our identity politics and doing just that. revenge. MUST HAVE REVENGE!!

"i just find it funny all the obama fans (not you necessarily) got all upset at the bullshit flung at obama and said it wasn't fair yet they do the same thing cause it was done to them."
I think this is hilarious. After 8 years of slamming Obama, in some of the crudest ways ever, the republicans why crying about how Trump is treated? Really?

You really want to compare how the media treated Obama compared to Trump?

well they did the whole obstruction shit, birther crap, and the like...and that does spawn the whole "we'll get you back!" mentality that i was talking about. only i said it was the kids who we stop doing this at a young age but look around, HE STARTED IT is the battle cry far too often

and sure enough, instead of addressing my overall point in that both sides do it and spawn this childlike "revenge" mentality, he attacks and defends on queue. i'm open to talk about things and see how people feel about it - big reason to be here. but when we start beating up the stawman and feeling superior, i just move on. never had one of those convos go anywhere interesting and was only frustrated by the mentality that it's ok to scream because they screamed.

whoever the fuck "they" are.

 

[Votto]

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

Well it should bother you that you are paying into a system that Congress steals from and a system that they have no obligation to paying you back.

Just now worried about it?

 

[WinterBorn]

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

Well it should bother you that you are paying into a system that Congress steals from and a system that they have no obligation to paying you back.

Just now worried about it?

Just now? Hardly.

 

[Votto]

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

Well it should bother you that you are paying into a system that Congress steals from and a system that they have no obligation to paying you back.

Just now worried about it?

Just now? Hardly.

Well that's socialism. They take everything from you, promise you the world, and then do as they please.

How are those lower Obamacare premiums and same doctor/coverage working out for ya?

 

[depotoo]

Rich businessman gets elected, reduces spending and gives businesses the opportunity to prosper so they can pass some of that on to their employees, and gives them a tax cut, as well. And yes, they are temporary, as it could not have passed Senate budget rules, without facing a Democratic filibuster otherwise-

Those stark changes are meant to address the problem facing the original bill, namely that it would have run afoul of budget rules by adding to deficits beyond the 10th year. By conflicting with the rule, the bill could not
proceed through the reconciliation process that would allow it to avoid a Democratic filibuster.


And they are hoping future Congresses will renew them. There is also hope wages will not stagnate, as they were doing under excessive taxation and regulations.

Rich man gets elected, gives permanent tax cut to fellow rich folks...The rest get a temporary and you think Trump is not part of the swamp,,, you must be insane in the membrane...

 

[WinterBorn]

As someone pointed out, Trump contribution to the national debt only started 5 months ago, as oppose to 4 or 8 years for the rest.

But what really bothers me is this idea that whomever raised the debt the least wins. No. That is absolutely unacceptable. No Debt is acceptable.

Pay it down. Pay back Social Security.

Well it should bother you that you are paying into a system that Congress steals from and a system that they have no obligation to paying you back.

Just now worried about it?

Just now? Hardly.

Well that's socialism. They take everything from you, promise you the world, and then do as they please.

How are those lower Obamacare premiums and same doctor/coverage working out for ya?

I don't use Obamacare.