Faun
Diamond Member
- Nov 14, 2011
- 124,441
- 81,350
Idiot.Wanna talk deficit soaring ? OK. here are the biggest deficit increases (other than the World War II years), over the past 90 years >>The economy was soaring even before the tax cuts. But you know what else soared after the tax cuts?
The Deficit
2009 - 9.8%
2010 - 8.6%
2011 - 8.3%
In contrast, 2017, was 3.4%
Is the U.S. Budget Deficit Really That Bad?
And no, the economy was NOT soaring before the tax cuts. Before the tax cuts was 2016, when the (Obama) economy was sinking.
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The total deficit drove the debt up from 20,244,900,016,054 to 21,516,058,183,180
Government - Historical Debt Outstanding - Annual 2000 - 2018
That's a 6.3% increase not 3.4%
On top of which, you're counting FY2009. which started as Bush's budget. And on top of that, you're moronically comparing years while the country was in a massive recession, where millions of jobs were lost, and climbing out of it; with now, where the economy is growing.
And even worse for you rightards -- any increase in debt during strong employment growth and following a tax cut, according to rightwingnuts, should lower the deficit, not drive it up further. This completely and utterly destroys the rightwing myth that tax cuts grow tax revenue.