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.
Dumbfuck, Obama added $9.3 trillion in 8 years. Impeached Trump has so far added $6.5 trillion in 3½ years. On pace to add $7.5 trillion by January 20th, 2021.
You really must suck as a banker.
G'head, tell me again how $9.3 trillion is greater than $10.6 trillion.
Time to embarrass you again. Dumbfuck.
It depends where you start the clock.
If you start the clock at the beginning of President Bush’s last year in office, as opposed to when he left office (or more properly, starting the clock at the beginning of 2010, since the first budget under President Obama would have been set in October of 2009).
That is what finance people do. If you take over as CEO on Jan 2020, you inherit the budget of last years CEO, you cannot magically amend it overnight. So either way you look at it he spent a ton and did not get anything for it.
LOLOLOL
You prove again you're a ******* retard.
******* retard, you just made your case even worse. Starting from January 20th, 2009 offered you the worst Obama could be blamed for -- with an 88% increase
Start with FY2010, and the figures are:
Start with calendar 2010, and the figures are:
So take your pick which date range you want to go by...
inauguration ...... 88% increase
FY2010 ................. 70%
2010 ...................... 67%
By any measure, Obama did not double the debt nor did Obama add more debt than all other presidents before him combined.
You only
think did he because you're a ******* retard who fell for the rightwingnut fake news claiming he did.