re: Debt increases by president

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What happens when American manufacturing can't compete with any foreign labor?

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Tariffs happen, which prevents this.

If you hate American workers, just takes Roger’s route and allow the manufacturing to be dominated by slaves.

I’m sure that will be a net positive for American manufacturing.

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Yes they most certainly can.

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We pay the least for these jobs, so I'd love to see your math on this.

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Because of tariffs.

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No. Because of economic advancement.

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Remove tariffs and lose this opportunity.

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You clearly aren't educated on this topic. You need to learn more about manufacturing. Hint: it's not lower-level bullshite jobs anymore.

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So your belief is no skilled manufacturing can happen outside the US?

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I never said that. Plenty of other nations have lots of skilled manufacturing, just nowhere near the output volume of the US.

Hell, Taiwanese chip companies expanding into the US are having problems getting quality employees. The Taiwanese counterparts are much more advanced than our stock.

Germany is also known for its skill in manufacturing that's typically judged to be above our level.

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If skilled manufacturing does happen outside the US, do you think it will cost more or less than it does domestically?

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Typically more because you're almost exclusively dealing with advanced economies in developed nations, and they typically pay more than us.

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Son, if you had gone to school beyond the 10th grade, you wouldnt be struggling with VERY basic economic concepts here. This is elementary stuff, and you still cant get it.

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Seems simple to me.

You are pro-slavery

You are anti American manufacturing

You are anti American worker

You’d rather help the slave labor employers by making their operations more profitable while killing American manufacturing.

That pretty much sums it up.

But keep pumping the propaganda to get that post count to your daily quota.

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Seems simple to me.

You are pro-slavery

You are anti American manufacturing

You are anti American worker

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I'm the opposite.

I am for advancing workers, not holding back the economy because theyre too lazy to advance.

This is a wealth based economy now. Its modern. Get used to it.

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Look at that fricking chart and tell me talking total numbers isn't deceiving.

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I normally only use Trumps first three years to compare.

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Strictly speaking, former President Barack Obama accumulated more debt than Trump. But Trump accumulated the most debt per year served in office.

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Say it out loud, Roger. This is what this entire thread is about.

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Intense TDS

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Jeebus. Can any Trump supporters be honest and just admit that, when it comes to the deficit/debt, Trump sucked? I mean really sucked.

To say it’s just “intense TDS” is the dumbest phrase ever uttered. It math dumbass. Numbers and stuff. Not “muh feels”. Become a rational, logical person rather than being an emotional woman by simply claiming “intense TDS” when reality (ie. Numbers) are contrary to your feelings. Lawd some Trump supporters are just emotional pu$$ies.

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Pretending the executive branch write and pass spending legislation.

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Yes, but someone in the executive branch has to sign or veto the spending bill. Jeebus, take a friggin civics class before your post.

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Pretending the Republican Party is or has ever been in any way “fiscally conservative”.

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I agree. There are some. Most are in the Freedom Caucus. There are others in the House. There are a few in the Senate. But Trump HATES the Freedom Caucus. He has criticized it repeatedly. If you don’t believe me, take a look at this tweet:

Trump on the Freedom Caucus

It just laughable that Trump supporters don’t have the ability to be critical of Trump in any shape, form, or fashion.

But Muh Intense TDS…GTFOH

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This is what this entire thread is about.

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2010 $13,562 ARRA added $400B; payroll tax holiday ended; Obama tax cuts; Affordable Care Act; Simpson-Bowles debt reduction plan
2011 $14,790 Debt crisis, recession, and tax cuts reduced revenue
2012 $16,066 Fiscal cliff
2013 $16,738 Sequester; government shutdown
2014 $17,824 QE ended; debt ceiling crisis
2015 $18,151 Oil prices fell
2016 $19,573 Brexit
2017 $20,245 Congress raised the debt ceiling
2018 $21,516 Trump tax cuts
2019 $22,719 Trade wars

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I'm not wading through 8 pages to see if someone's mentioned this yet, but the President doesn't set the budget.

It's not entirely unfair to put blame on a given President for deficit spending, but the onus remains on Congress. The President submits a budget, but then Congress can do (and often does) whatever the frick they want with it.

All spending bills must start in the House. Once passed, they go to the Senate. If the Senate makes changes, it can then go to Reconciliation between the Senate and House. After that, a spending bill goes to the President to sign or veto.

During COVID I spent some time running numbers on House leadership vs President's party vs deficit spending and found that the most fiscally responsible pairing was a Democrat President and a Republican House (you could probably lump the Senate in there as well as the real work seemed to come from balance of power). The worst was a Dem President and House, followed by a GOP President and House.

I haven't gone back to that since COVID but I wouldn't be surprised to see Biden and the current GOP majority of the House having skewed that a bit downward. To underscore this, FY2023 spending would have to have been cut (across the board, everything from salaries of members of Congress to how much is paid on the electricity bill for an office in a national park, to pay for the military, to services offered by the VA, to Medicare, etc) by 27.6% just to balance the budget.

A footnote to this is that when going back to at least 2000, Democrats held the House only half as long as the GOP but presided over roughly 2x the amount of deficit spending. Even that amount of GOP deficit spending was far too irresponsible.

All this is to say that "OMG PRESIDENTIAL SPENDING" or "OTHER PARTY SPENDING" is a red herring, the real problem is federal spending. Do away with baseline budgeting and freeze spending levels for 10 years and we MIGHT be able to start digging our way out.