Trump is the Reason the Deficit is so Bad

[The Banker]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

 

[Wyatt earp]

All that to say the GDP was better under Trump than the magic negro?

 

[miketx]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Media fed liar.

 

[The Banker]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Obama GDP vs Trump GDP:

 

[Auld Phart]

"Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush)."

 

[Wyatt earp]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Obama GDP vs Trump GDP:

View attachment 494935

Yeah we know Janet Yellen saved Obama's ass along with the red states

 

[The Banker]

All that to say the GDP was better under Trump than the magic negro?

I guess you have problems with reading comprehension...

Trump barely had better GDP than Obama, but Trump spent way way more and bankrupted the country.

Our current deficit problem is a result of Trump's total failure as a president.

 

[NightFox]

You’re right, the Trump Administration and his merry band of Republicans spent like drunken sailors, no doubt about it, the numbers don’t lie.

The question is, now the Democrats are in charge and have the wherewithal to do something about it, should they start cutting spending and earnestly attempt to balance the budget? Or do they, as appears to be the case so far, just follow Donny’s lead and increase the deficit EVEN MORE?

 

[Wyatt earp]

All that to say the GDP was better under Trump than the magic negro?

I guess you have problems with reading comprehension...

Trump barely had better GDP than Obama, but Trump spent way way more and bankrupted the country.

Our current deficit problem is a result of Trump's total failure as a president.

He spent it on QE's interest under Obama

 

[The Banker]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Media fed liar.

A real trumpian level response right there.

I hit you with facts and links with accurate sources, totally crushing anything you have to say.

You are over matched and overwhelmed, your only response in to blame the media.

It's not the media's fault Trump bankrupted the country with his wild spending bills, Trump did that...

 

[miketx]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Media fed liar.

A real trumpian level response right there.

I hit you with facts and links with accurate sources, totally crushing anything you have to say.

You are over matched and overwhelmed, your only response in to blame the media.

It's not the media's fault Trump bankrupted the country with his wild spending bills, Trump did that...

You liars never have facts, you have what your lying media feeds you.

 

[The Banker]

All that to say the GDP was better under Trump than the magic negro?

I guess you have problems with reading comprehension...

Trump barely had better GDP than Obama, but Trump spent way way more and bankrupted the country.

Our current deficit problem is a result of Trump's total failure as a president.

He spent it on QE's interest under Obama

Huh???

Are you retarded? In what school of economics does that make even remote sense??

You have just proven yourself dumb as shit with this incompetent comment. Now you know why you have failed in life. It isn't the democrats fault, it is your fault. You are just dumb.

 

[The Banker]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Media fed liar.

A real trumpian level response right there.

I hit you with facts and links with accurate sources, totally crushing anything you have to say.

You are over matched and overwhelmed, your only response in to blame the media.

It's not the media's fault Trump bankrupted the country with his wild spending bills, Trump did that...

You liars never have facts, you have what your lying media feeds you.

Yet i just posted facts from the US government...

AHAHAHAH!!! You are just typing empty words in a box that have no meaning. I have just bitch slapped you.

 

[Flash]

The stupid uneducated Moon Bats blamed the Worthless Nergro's failures on Bush so we have been expecting the shitheads to blame the Joe Dufus failures on Trump. That is just the kind of dishonesty we have come to expect from Democrats.

 

[miketx]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Media fed liar.

A real trumpian level response right there.

I hit you with facts and links with accurate sources, totally crushing anything you have to say.

You are over matched and overwhelmed, your only response in to blame the media.

It's not the media's fault Trump bankrupted the country with his wild spending bills, Trump did that...

You liars never have facts, you have what your lying media feeds you.

Yet i just posted facts from the US government...

AHAHAHAH!!! You are just typing empty words in a box that have no meaning. I have just bitch slapped you.

I have placed your sorry lying ass on ignore.

 

[Wyatt earp]

All that to say the GDP was better under Trump than the magic negro?

I guess you have problems with reading comprehension...

Trump barely had better GDP than Obama, but Trump spent way way more and bankrupted the country.

Our current deficit problem is a result of Trump's total failure as a president.

He spent it on QE's interest under Obama

Huh???

Are you retarded? In what school of economics does that make even remote sense??

You have just proven yourself dumb as shit with this incompetent comment. Now you know why you have failed in life. It isn't the democrats fault, it is your fault. You are just dumb.

So Trump didn't have to pay the interest on Obama's and Janet's QE 1,2 and 3?

 

[Wyatt earp]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Media fed liar.

A real trumpian level response right there.

I hit you with facts and links with accurate sources, totally crushing anything you have to say.

You are over matched and overwhelmed, your only response in to blame the media.

It's not the media's fault Trump bankrupted the country with his wild spending bills, Trump did that...

You liars never have facts, you have what your lying media feeds you.

Yet i just posted facts from the US government...

AHAHAHAH!!! You are just typing empty words in a box that have no meaning. I have just bitch slapped you.

Masturbating again online?

 

[NightFox]

In 2016 Obama had ~ $550B annual Deficit.
Trump took over and ran that up to $1.1 Trillion/year in 2020 before covid. Doubling the annual deficit. Then Trump fucked up everything Covid on an epic scale and the US need to spend/waste Trillions of dollars just so its people can survive.
The entire situation was exacerbated by Trump's failed covid response, resulting in hundreds of thousands of needless deaths, and Trillions in wasted stimulus.

When Trump took over he immediately ramped up spending BIG TIME and passed huge tax cuts that greatly added to the deficit, BUT gave little economic benefit. This gave the economy a small pop, but Trump never achieved 3% annual growth and GDP was barely better than Obama. The Trump economy was barely better than the Obama economy and the numbers prove this.
FACTS:

A New Congressional Study Finds Little Economic Benefit From The 2017 Tax Cuts

A new congressional study finds that the 2017 Tax Cuts and Jobs Act had almost no impact on the US economy. And it fell far short of paying for itself, despite White House promises.

www.forbes.com

George W Bush inherited a balanced budget with a projected surpluss and turned that into total doom with mega deficits. Trump inherited an ~$550B annual deficit and turned that into absolute bankruptcy. Trump ran ~$3.5 Trillion annual deficit in 2020.


Biden is spending a lot, BUT Trump completely bankrupted America beyond anything we have ever seen before (even worse than Bush).

View attachment 494929

View attachment 494930View attachment 494930

U.S. government spending spiked, revenue dropped in fiscal 2020 during pandemic

www.pewresearch.org

Budget Projections: Debt Will Exceed the Size of the Economy This Year | Committee for a Responsible Federal Budget

2020-04-13-The United States entered the current public health and economic crisis facing high levels of debt and trillion-dollar deficits.

www.crfb.org

Media fed liar.

A real trumpian level response right there.

I hit you with facts and links with accurate sources, totally crushing anything you have to say.

You are over matched and overwhelmed, your only response in to blame the media.

It's not the media's fault Trump bankrupted the country with his wild spending bills, Trump did that...

You liars never have facts, you have what your lying media feeds you.

The facts the OP presented are sound, it’s clear the Trump Administration over estimated the fiscal stimulus effects that the Tax Reform package would provide, along with initiating new spending that wasn’t warranted and NOT taking contingencies into account (like, for example a massive downturn caused by A GLOBAL PANDEMIC).

The numbers are what they are, arguing against them is silly, the only relevant question is CAN THE DEMOCRATS DO ANY BETTER? The ball is in their court, so far they appear not only to be dropping it but they also appear to be letting the air out of the ball for good measure.

 

[Remodeling Maidiac]

Look at this deflection!

SIX TRILLION DOLLAR BUDGET PROPOSAL

 

[CrusaderFrank]

All that to say the GDP was better under Trump than the magic negro?

I guess you have problems with reading comprehension...

Trump barely had better GDP than Obama, but Trump spent way way more and bankrupted the country.

Our current deficit problem is a result of Trump's total failure as a president.

Laughed so hard I cried!