The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut into tax revenues.
www.cnbc.com
The clock is ticking for those enormous deficits to matter again. It's what happens when a Dem is in the WH.
$5 trillion this fiscal year alone. Funny how silent the right is now about this when they bitched and moaned hourly as Obama drove up the debt $9 trillion in 8 years.
Where were you when barry doubled it?
He didn't double it.
Uh yeah he did.
Dumbfuck ... double requires at least a 100% increase. It increased 88%, i.e., less than double.
Now you know. Will you learn? Prolly not.
Dumbfuck is your go to. What a pathetic fool you are.
He racked up a bigger deficit than all other presidents combined.
That's a lie too.
Like I always say, if conservatives didn't lie, they'd have absolutely nothing to say.
That’s not a lie as he means prior not other.
Still a lie. On top of which, the ******* retard is actually talking about the debt but idiotically referred to it as the deficit.
Watch this .... post two numbers ... the increase to the debt under Obama ... and the increase to the debt of all previous presidents combined. You won't since you know it will reveal you're the ******* retard I said you are, but if you were to do that, you'd see I'm right and you two imbeciles are full of shit.
LOL he put on more debt than all prior presidents combined. You want to debate finance and Econ vs me again? Last time you crawled to me on your knees and apologized.
LOLOL
Your fantasies are noted and laughed at. As far as Obama and debt, I'll post the numbers you're clearly too skeered to post...
You claim to be in banking but I find it difficult to believe anyone in banking could be sooo incredibly stupid as to believe $9.3t is more than $10.6t,
LOL Obama was the spender in Chief. As far as how much debt it’s because they use different starting points. Either way he was quite the spender but unlike Trump got nothing for it.
Under Obama's tenure, average
annual food stamp enrollment has risen by more than 15 million (compared to 2008). The home ownership rate is the lowest it has been since 1995, the earliest year provided in the U.S. Census Bureau's most recent
report. The Bureau of Labor Statistics reports more than 590,000 Americans say they are not in the labor force because they are discouraged, a figure that's 26 percent higher than even the worst annual average under George W. Bush. Additionally, the employment-population ratio has been continuously below the 60-percent threshold under Obama; the last time it was this low was 1985.