Old Rocks
Diamond Member
Unarguable truth;
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That is pure generalizing. Progs set up the deficits with massive programs enacted. If we were true to your agendas the taxes would be double for the peasants. At least. You guys play more games also. You love inflation. The programs started many decades ago are growing exponentially. And built into the budgets. The new ones you enact now will be the same. They grow and become unwieldly and people get used to it. So they are not cut out. Then argument then becomes the percentage of the increase each year with the Progs claiming hundreds of millions will die. Anyway when the real tax rates get around 70% or so, shit happens. Add up the federal, state, local, regional and city taxes. Add the hidden fees all over in our insurance bills, health insurance and other ways, It is getting closer and closer.
EVERY president since Coolidge regardless of party has raised the debt.
The myth is, there are conservatives in the federal government.
At that level, they are unwelcomed. Trump is even too conservative for them and he was not even a real conservative.
LOL.
Um, FJB and his lackey Obama increased the deficit by 58%.
Old Rocks doesn’t know that. His news sources feed him propaganda and he believes them.Um, FJB and his lackey Obama increased the deficit by 58%.
Old Rocks doesn’t know that. His news sources feed him propaganda and he believes them.
Oh please. Only a partisan fool would think doubling the national debt is admirable.He does not know that because it is false.
You people need to learn the difference between deficit and debt
Oh please. Only a partisan fool would think doubling the national debt is admirable.
Yes and you think this is somehow meaningful. Lol.nobody said it was. The thread is about the deficit, not the debt.
Do yourself a favor and learn the difference so you do not look foolish
Obama's first year in office the deficit was 1.4 trillion dollars, his last year in office it was 585 billion.
You are mistaking debt for deficit.
Obama's first year in office the deficit was 1.4 trillion dollars, his last year in office it was 585 billion.
You are mistaking debt for deficit.
And this is from a liberal site...you'll note TRUMP is right under Obama. I'm curious are libs trying to prop up Obama thinking it helps FJB somehow? Otherwise I don't get why libs would attempt to gaslight by propping up Obama with Clinton? Why would the meme be less noteworthy with just Clinton, why the need to add Obama?
Barack Obama
President Obama had the largest deficits. By the end of his final budget, FY 2017, his budget deficits totaled $6.781 trillion over his eight years in office. That's a 58% increase from President George W. Bush's last budget.
Obama took office during the Great Recession. He immediately needed to spend billions to stop it. He convinced Congress to add $253 billion from the economic stimulus package to Bush’s FY 2009 budget. The American Recovery and Reinvestment Act added an additional $534 billion over the rest of Obama’s terms.7
In 2010, the Obama tax cut added $858 billion in deficits in its first two years. Federal income decreased due to lower tax receipts from the 2008 financial crisis.
Both President Obama and President Bush were subject to higher mandatory spending than their predecessors were.
Social security and Medicare benefits were eating up more of the budget, and healthcare costs were rising as the American population aged.
In 2010, Obama signed the Patient Protection and Affordable Care Act.8 It sought to reduce healthcare spending. The Congressional Budget Office (CBO) and the Joint Committee on Taxation estimated that the legislation would reduce federal deficits by $337 billion between 2017 and 2026.9
U.S. Budget Deficit by President
Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.www.thebalance.com
U.S. National Debt by President
Check out how the national debt has increased by year and president. Depending on how you measure it, the answers may differ.www.thebalance.comBarack Obama (2009-2017)
Under President Obama, the national debt grew the most dollar-wise ($8.6 trillion) and was fifth in terms of percentage at 74%. Obama fought the Great Recession with an $831 billion economic stimulus package and added $858 billion through tax cuts. Even though fiscal year 2009 budget was set by President Bush, Obama added to it with the Economic Stimulus Act in 2009.56
Yippee!!! We reduced the debt!!!The defect by year under Obama....you will notice that the deficit is smaller when he left than when he started....thus he lowered the deficit, but not the debt. These are simple facts and facts have no party affiliation.
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