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Posted on 12/11/17 at 1:29 pm to GumboPot
quote:
Obama debt increase $1.459 trillion.
Trump debt increase $594 billion.
Detest Barry but those were way different times. Recession and all
Posted on 12/11/17 at 3:30 pm to GumboPot
quote:
Same time period (first 11 months): Obama debt increase $1.459 trillion. Trump debt increase $594 billion
Not an Obama fan, I voted for and support President Trump, but serious question here and keep in mind that I am in no way an economist.
If Obama debt increased by $1.459 trillion and Trump debt increased by $594 billion, does that mean that Trump debt was actually $2.053 trillion + in his first 11 months?
Posted on 12/11/17 at 3:31 pm to GumboPot
Both those figures are deplorable and are amounts to be ashamed of. Whatever happened to fiscal responsibility? We used to talk about heady stuff like a balanced budget amendment, or at least the Bowles-Simpson plan.
That said, Obama gets a reprieve in his first year for the deficit. The economy was left in a horrendous recession thanks to the W. housing crisis, and furthermore Obama was factoring in the cost of the Bush Wars, which their namesake never did.
That said, Obama gets a reprieve in his first year for the deficit. The economy was left in a horrendous recession thanks to the W. housing crisis, and furthermore Obama was factoring in the cost of the Bush Wars, which their namesake never did.
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