Trumps debt ceiling problem

[The5thHorseman]

I am not going to call you a liar....because I just think you are willfully blind to reality due to your dembot cult status

Trump and the national debt​

Facts First: This claim is false. More debt was added in the eight years under President Barack Obama, with Biden as vice president, than in the four years under Trump. The Trump era set the record for most debt added in a single four-year presidential term, but Biden made it sound here like the Trump era set the record even when you include two-term presidents like Obama. (Biden correctly said in his State of the Union address last week that he was referring to a record for debt added in a four-year period.) Also, while Biden mentioned “record deficits,” plural, under Trump, only one Trump-era deficit, in pandemic-era fiscal 2020, was actually a record; the deficits in fiscal 2017, 2018 and 2019 were all lower than every deficit in Obama’s first term, when the country was emerging from a major recession and Obama approved some policies that increased deficits.

https://www.cnn.com/2023/02/17/politics/biden-economy-facts-first/index.html

You've been shown the data.

Verbiage that you don't understand is not a substitute.

 

[jc456]

They don't care about any of that. They don't care what he does or doesn't do.

They just don't care.

we know no one cares xiden's compromised that for fking sure.

 

[struth]

Yes, I think data is the way to settle this. Everything else is just opinion.

Here ya go...proving CNN correct...

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

 

[struth]

You've been shown the data.

Verbiage that you don't understand is not a substitute.

Here's the data proving CNN correct...

I am not sure what the prior poster was showing us...but this is from the US Dept of Tres

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

 

[Harpy Eagle]

Here ya go...proving CNN correct...

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

Thanks for once again proving you lied. The yellow line is when Trump took over. As you can see his deficits were higher than the ones the few years before it.

 

[struth]

Thanks for once again proving you lied. The yellow line is when Trump took over. As you can see his deficits were higher than the ones the few years before it.

View attachment 779844

I never said they weren't...did you not read the CNN link I provided? obviously not, that or you are simply gasligting and changing the subject.

The comment I made, and what CNN was calling XIden a liar on, was that in Trump did not have record deficits, in fact his first three years were lower deficits then the first three years of the Obama admin. Now the qustion is why? 1) Trump was lucky to inherit a GOP Congress 2) Obama and the Dem Congress don't care about spending 3) Trump and the GOP policies created more revenue 4) Obama and the Dem Congress didn't.

Thank you....class dismissed.

 

[The5thHorseman]

Point out which year GDP was over 3%, Simp.

2016	1.67%	-1.04%
2015	2.71%	0.42%
2014	2.29%	0.45%
2013	1.84%	-0.44%
2012	2.28%	0.73%
2011	1.55%	-1.16%
2010	2.71%	5.31%
2009	-2.60%	-2.72%

U.S. GDP Growth Rate 1960-2024

Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the...

www.macrotrends.net

Right on cue...

Those are "Calendar Years", moron.

A "year" is 12 consecutive months, or 4 consecutive quarters.

Time doesn't give a shit about how YOU divide it.

BEA reports GDP on a QUARTERLY basis. Any 4 consecutive quarters constitute a "year".

Real Gross Domestic Product

Do you need help with the math?

 

[The5thHorseman]

Because Senators get to ask potential Justices questions at their hearings. Wow...teaching basic Civics to a poster on a political message board...sad

Why not ask for leg shaving hacks?

There really are Stupid Questions, frequently asked by people completely out of their depth, desperate to matter.

 

[The5thHorseman]

Here's the data proving CNN correct...

I am not sure what the prior poster was showing us...but this is from the US Dept of Tres

Fiscal Data Explains the National Deficit

Check out @FiscalService Fiscal Data’s new national deficit page! #NationalDeficit

fiscaldata.treasury.gov

More verbiage.

It doesn't trump the data.

And you are as illiterate as you are innumerate.

 

[Harpy Eagle]

I never said they weren't...

yes you did.

Post #53 you said this....

Under Trump, prior to dealing with Covid, the deficit was lower every year compared to Obama

 

[struth]

Right on cue...

Those are "Calendar Years", moron.

A "year" is 12 consecutive months, or 4 consecutive quarters.

Time doesn't give a shit about how YOU divide it.

BEA reports GDP on a QUARTERLY basis. Any 4 consecutive quarters constitute a "year".

Real Gross Domestic Product

Do you need help with the math?

Yes you can break it by qtr or by year. What's important is how we have done over a year...and Obama was the first President (since we began recording it) to never have 1 year of 3 percent growth.

Breaking it down by qtr is like a Jazz fan bragging about being up over the Bulls in Game 6 of the 98 playoffs....I mean, it's what losers brag about.

 

[struth]

More verbiage.

It doesn't trump the data.

And you are as illiterate as you are innumerate.

hahah it literally IS the data...from the US Dept of Tres! hahahahh

wow the cult has a big hold on you

 

[The5thHorseman]

we know no one cares xiden's compromised that for fking sure.

Who is telling you that?

The guy who just got canned....by the network that lies?

 

[The5thHorseman]

Yes you can break it by qtr or by year. What's important is how we have done over a year...and Obama was the first President (since we began recording it) to never have 1 year of 3 percent growth.

Breaking it down by qtr is like a Jazz fan bragging about being up over the Bulls in Game 6 of the 98 playoffs....I mean, it's what losers brag about.

Please don't.

You have no idea what you're talking about.

Never presume to explain anything.

 

[struth]

yes you did.

Post #53 you said this....

Under Trump, prior to dealing with Covid, the deficit was lower every year compared to Obama

and they were...as the data shows...both in their first terms in office, it's an apples to apples comparison...the data shows that...from my post 46, which was what we have been referring to, and discussing....the link from CNN

 

[The5thHorseman]

hahah it literally IS the data...from the US Dept of Tres! hahahahh

wow the cult has a big hold on you

No...you were shown the data..

Not a description of it.

If you doubt it, just post the annual deficits from FY 2010 through FY 2021

 

[struth]

Please don't.

You have no idea what you're talking about.

Never presume to explain anything.

haha I see you are a Jazz fan...which explains why you are a Obama fan....both failed to deliver...and are stuck bragging about leading in a qtr

 

[struth]

No...you were shown the data..

Not a description of it.

If you doubt it, just post the annual deficits from FY 2010 through FY 2021

I didn't provide you a description...I literally linked you to the US Dept of Tres, and their numbers....now they were in bar charts...maybe you have a hard time with bar charts

 

[Harpy Eagle]

and they were...as the data shows...both in their first terms in office, it's an apples to apples comparison...the data shows that...from my post 46, which was what we have been referring to, and discussing....the link from CNN

That is not an apples to apples comparison. You cannot compare 2009 to 2017. You always compare the most recent years.

 

[ThisIsMe]

Trump slashed taxes on the wealthy

The Republican Congress had no problem raising the debt limit to support it

Is slashing taxes on the wealthy a bad thing?