Trump: Largest Debt per year by any President

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

We have had no more growth than Obama with a huge increase in deficits.

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

Yes it is. But that is because he didn't attack entitlements aka spending. We are going in circles. You are either stupid or trolling.

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

We have had no more growth than Obama with a huge increase in deficits.

We have the same growth but lower taxes? GREAT. Don't forget the trade war and entitlements. We are only in inning 5 of a 9 inning game.

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

Yes it is. But that is because he didn't attack entitlements aka spending. We are going in circles. You are either stupid or trolling.

You are either stupid or trolling. It’s a clear fact trump policy drastically increased deficits. You keep trying to deny it like a troll.

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

We have had no more growth than Obama with a huge increase in deficits.

We have the same growth but lower taxes? GREAT. Don't forget the trade war and entitlements. We are only in inning 5 of a 9 inning game.

Yes trump policy failed to increase growth as he promised.

 

[Deplorable Yankee]

Trump pledged to eliminate the deficit and reduce our national debt if elected. Instead, he has accumulated debt at a record pace. Doesn’t even include his recent borrowing of $2.2 trillion

US Debt by President: Dollar and Percentage

Depending on how you measure it, different presidents have added to the national debt. Check out how the national debt has increased by year and president.

www.thebalance.com

Bush 43: $.725 trillion

Obama: $ 1.075 trillion

Trump: $1.2 trillion

But we're saving lives !

Dooooooooooooooomed lol

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

Yes it is. But that is because he didn't attack entitlements aka spending. We are going in circles. You are either stupid or trolling.

You are either stupid or trolling. It’s a clear fact trump policy drastically increased deficits. You keep trying to deny it like a troll.

This is going in circles, old man. Are you bored? Yes, he increased deficits because he spent on the military and didn't touch entitlements.

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

We have had no more growth than Obama with a huge increase in deficits.

We have the same growth but lower taxes? GREAT. Don't forget the trade war and entitlements. We are only in inning 5 of a 9 inning game.

Yes trump policy failed to increase growth as he promised.

5th inning. Wait the full 9 innings. If you can, I know you're old....

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

Yes it is. But that is because he didn't attack entitlements aka spending. We are going in circles. You are either stupid or trolling.

You are either stupid or trolling. It’s a clear fact trump policy drastically increased deficits. You keep trying to deny it like a troll.

This is going in circles, old man. Are you bored? Yes, he increased deficits because he spent on the military and didn't touch entitlements.

Then why do you keep responding? He’s the new deficit king. He hurt revenue and increased spending. End of story.

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

We have had no more growth than Obama with a huge increase in deficits.

We have the same growth but lower taxes? GREAT. Don't forget the trade war and entitlements. We are only in inning 5 of a 9 inning game.

Yes trump policy failed to increase growth as he promised.

5th inning. Wait the full 9 innings. If you can, I know you're old....

We can’t afford to keep waiting. You have a funny definition of old, but I love hearing you talk out of your ass. Proves you trumpers don’t care about facts.

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

Yes it is. But that is because he didn't attack entitlements aka spending. We are going in circles. You are either stupid or trolling.

You are either stupid or trolling. It’s a clear fact trump policy drastically increased deficits. You keep trying to deny it like a troll.

This is going in circles, old man. Are you bored? Yes, he increased deficits because he spent on the military and didn't touch entitlements.

Then why do you keep responding? He’s the new deficit king. He hurt revenue and increased spending. End of story.

I am being polite to my elders. You clearly have dementia.

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

We have had no more growth than Obama with a huge increase in deficits.

We have the same growth but lower taxes? GREAT. Don't forget the trade war and entitlements. We are only in inning 5 of a 9 inning game.

Yes trump policy failed to increase growth as he promised.

5th inning. Wait the full 9 innings. If you can, I know you're old....

We can’t afford to keep waiting. You have a funny definition of old, but I love hearing you talk out of your ass. Proves you trumpers don’t care about facts.

Sure we can. Thanks for the emojis and increasing my score. My definition of old is those born before 1960. AKA you!

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

Yes it is. But that is because he didn't attack entitlements aka spending. We are going in circles. You are either stupid or trolling.

You are either stupid or trolling. It’s a clear fact trump policy drastically increased deficits. You keep trying to deny it like a troll.

This is going in circles, old man. Are you bored? Yes, he increased deficits because he spent on the military and didn't touch entitlements.

Then why do you keep responding? He’s the new deficit king. He hurt revenue and increased spending. End of story.

I am being polite to my elders. You clearly have dementia.

You have lost, trump the deficit king.

 

[Brain357]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Numbers aren’t biased. It’s clear trump policy drastically increased deficits.

Right and our revenues have increased annually. You admit we have an expense problem. Thank you for that.

Yes trump tax cuts decreased the rate of revenue growth adding to deficits.

Nope.


In the end, Jones admits that “the tax cuts gave the economy an initial boost.” Why did that happen?

Because tax cuts allow more growth dollars to remain in the private sector (aka “the economy”).

Similarly, spending increase put more dollars into the private sector.

We have had no more growth than Obama with a huge increase in deficits.

We have the same growth but lower taxes? GREAT. Don't forget the trade war and entitlements. We are only in inning 5 of a 9 inning game.

Yes trump policy failed to increase growth as he promised.

5th inning. Wait the full 9 innings. If you can, I know you're old....

We can’t afford to keep waiting. You have a funny definition of old, but I love hearing you talk out of your ass. Proves you trumpers don’t care about facts.

Sure we can. Thanks for the emojis and increasing my score. My definition of old is those born before 1960. AKA you!

And your score does what for you? I like laughing at you. Sorry but your talking out your ass like all trumpers. You have no idea of my age, but you don’t care about facts eh trumper?

 

[AzogtheDefiler]

Trumpâs Deficits Are Racing Past Obamaâs

President Trump oversaw falling Federal deficits, which is not surprising since he inherited the Great Recession. President Trump is generating unprecedented $1 trillion deficits in a growing economy.

www.forbes.com

President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.

When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.



Unprecedented deficits when the economy is growing

The Federal deficit is forecast to be 4.6% of GDP in fiscal 2020 while the economy’s real growth rate is a projected to be 2.2%. This growth rate is in-line with the economy growing at essentially 2.1% the last three quarters.

As shown in the two graphs below, since 1970 the only times, until now, that the deficit has been above 4% of GDP is when there has been a recession.

Every single article is pro Obama and anti Trump.

No bias there folks....

Who would write an article supporting a huge increase in deficits?

How do you explain all of his bias? Not one even neutral article about Trump. FAKE NEWS.

Trump increasing deficits is very real.

Yes it is. But that is because he didn't attack entitlements aka spending. We are going in circles. You are either stupid or trolling.

You are either stupid or trolling. It’s a clear fact trump policy drastically increased deficits. You keep trying to deny it like a troll.

This is going in circles, old man. Are you bored? Yes, he increased deficits because he spent on the military and didn't touch entitlements.

Then why do you keep responding? He’s the new deficit king. He hurt revenue and increased spending. End of story.

I am being polite to my elders. You clearly have dementia.

You have lost, trump the deficit king.

Whatever helps you sleep at night. Tomorrow you ll have the same argument as you ll forget today’s discussion. I ll tell MLB you want to reduce future games to 5 innings vs 9