Trump is the Reason the Deficit is so Bad

[WTF19]

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

View attachment 494936

barrag-o did the bankrupting of AMERICA,

 

[Remodeling Maidiac]

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.

You are correct but the only purpose for this thread is to deflect from Bidens current spending wishes. At the end of the day what Trump did is water under the bridge and inconsequential to what's in front of us now.

 

[Uncensored2008]

Right, Biden has spent $12 trillion in 100 days because of TRUMP

You fucking Nazis destroy everything then blame your enemies for your actions.

 

[NightFox]

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?

Was servicing the existing debt NOT taken into account by the Trump Administration? Did they not have those numbers or something? If they did, why didn’t they take them into account when formulating their spending plans?

What were they doing for 4 years? GUESSING?

 

[WTF19]

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.

You have just proven yourself dumb as shit with this incompetent comment. Now you know why you have failed in life. it is your fault. You are just dumb.

 

[Uncensored2008]

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

Wow, that chart is a fucking lie.

Typical of you Nazi vermin.

Obama never broke 3% in 8 years. You are making shit up.

 

[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.

You are correct but the only purpose for this thread is to deflect from Bidens current spending wishes. At the end of the day what Trump did is water under the bridge and inconsequential to what's in front of us now.

I wouldn’t say it’s “water under the bridge”, it’s a valid topic for discussion but looking at it through a microscope and declaring “it’s ALL his fault” seems myopic at best and doesn’t answer any questions about how to move forward.

 

[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.

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.

Thank you sir.
My facts are real, they can't handle the truth and the facts.
As to the question can the Dems control their spending? NO.
I think the dems plan is to shift the spending, changing it from Trump stuff to Green new Deal, infrastructure, all the other crap spending.

Trumps spending is extremely ineeficient at stimulating growth, maybe Biden's plan will work better. Either way the deficit Genie is out of the bottle and it isn't going back in.

The turning point was Bush, IMO. He screwed everything up and turned a workable deficit into a disaster.

 

[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:

View attachment 494935

Wow, that chart is a fucking lie.

Typical of you Nazi vermin.

Obama never broke 3% in 8 years. You are making shit up.

The chart is 100% FACT.
Look at the source.
You are just a brainwashed sheep too stupid to understand the facts.
Trump's GDP was barely better than Obama's, but Trump ramped up spending like a mad man.
Trump was an economic failure.

 

[The Purge]

The DemonRAT Party Politicians lacking the “rudimentary glimmers of reason” is the reason why political worms mistake Trump supporters for a cult or “outrage peddlers.” Far from it. We were just starving to death for common sense solutions to deep problems that put us on a road to national suicide.

We still are.

Trump was the NON POLITICIAN that broke away. He knew that circling the pot was killing us. If America is to find its way back home, we’re going to need his brand of political deviancy. And we can’t wait for 2024.

 

[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.

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

No you dumb fucking moron.
You don't even know what QE is...
You have a lot of homework to do retard.

 

[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.

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.

Thank you sir.
My facts are real, they can't handle the truth and the facts.
As to the question can the Dems control their spending? NO.
I think the dems plan is to shift the spending, changing it from Trump stuff to Green new Deal, infrastructure, all the other crap spending.

Trumps spending is extremely ineeficient at stimulating growth, maybe Biden's plan will work better. Either way the deficit Genie is out of the bottle and it isn't going back in.

The turning point was Bush, IMO. He screwed everything up and turned a workable deficit into a disaster.

Uhm, Economic Einstein Obama made Bush Jr's tax cuts permeant, all Obama did was copy off of him

 

[Remodeling Maidiac]

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.

You are correct but the only purpose for this thread is to deflect from Bidens current spending wishes. At the end of the day what Trump did is water under the bridge and inconsequential to what's in front of us now.

I wouldn’t say it’s “water under the bridge”, it’s a valid topic for discussion but looking at it through a microscope and declaring “it’s ALL his fault” seems myopic at best and doesn’t answer any questions about how to move forward.

I bitched with every budget Trump signed and every stimulus proposed. Sadly we do not have a responsible congress and they are the ones controlling the purse strings that allow presidents to saddle us with this debt. Trump was no different than any before him.

 

[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?

No you dumb fucking moron.
You don't even know what QE is...
You have a lot of homework to do retard.

Who doesn't know what QE is you political hack.

 

[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.

Thank you sir.
My facts are real, they can't handle the truth and the facts.
As to the question can the Dems control their spending? NO.
I think the dems plan is to shift the spending, changing it from Trump stuff to Green new Deal, infrastructure, all the other crap spending.

Trumps spending is extremely ineeficient at stimulating growth, maybe Biden's plan will work better. Either way the deficit Genie is out of the bottle and it isn't going back in.

The turning point was Bush, IMO. He screwed everything up and turned a workable deficit into a disaster.

Thanks, I would only suggest one small alteration,

The Democrats COULD control their spending (I.e. they have the legislative control to do it), Will the Democrats control their spending? The answer appears to be NOT LIKELY.

Perhaps if the rank-and-file-D started hounding their leaders to do so instead of hounding them to do the opposite, there might be some chance of progress on that front.

 

[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.

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.

You are correct but the only purpose for this thread is to deflect from Bidens current spending wishes. At the end of the day what Trump did is water under the bridge and inconsequential to what's in front of us now.

Huh?

What Trump did will have a lasting impact of bad on America for years.

This is the problem, you can't hold Trump responsible for his failures.

There is no deflection here. The point of the thread is to inform you un-informed sheep that Trump and Trump policy bankrupted the country.

Biden is spending a lot too, but this all started under Trump, from day 1 of Trump. Then Trump exacerbated the situation with his failed covid response.

 

[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.

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

No you dumb fucking moron.
You don't even know what QE is...
You have a lot of homework to do retard.

Who doesn't know what QE is you political hack.

Obviously you retard if you think the US government pays intrest on QE !!!!!

AHAHAHA!!!!!!

Trump supporters are just dumb. You people are the failures of society, the under-performers.

You people blame everyone else for your problems, instead of accepting reality: you are stupid and a total sheep.

 

[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.

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.

You are correct but the only purpose for this thread is to deflect from Bidens current spending wishes. At the end of the day what Trump did is water under the bridge and inconsequential to what's in front of us now.

Huh?

What Trump did will have a lasting impact of bad on America for years.

This is the problem, you can't hold Trump responsible for his failures.

There is no deflection here. The point of the thread is to inform you un-informed sheep that Trump and Trump policy bankrupted the country.

Biden is spending a lot too, but this all started under Trump, from day 1 of Trump. Then Trump exacerbated the situation with his failed covid response.

Trump didn't fail he prevented panic from the over sensitive crowd namely you

 

[Mac1958]

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.

You’re trying to discuss economics with Trumpsters. While I admire your patience, I hope you aren’t expecting them to be either honest or accurately informed.

 

[jknowgood]

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

Your party is in full charge right now. It's all on them now and inflation is going up.