- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The Deficit Has Never Been This High When the Economy Was This Strong
Posted on 8/17/19 at 9:54 am to bmy
Posted on 8/17/19 at 9:54 am to bmy
quote:
Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.
2010 - 1.294 trillion impact of Bush's recession
2011 - 1.300 trillion impact of Bush's recession
2012 - 1.087 trillion starting to come out of recession
2013 - 679 billion
2014 - 485 billion
2015 - 438 billion
2016 - 585 billion
2017 - 665 billion
Obama was able to lower the annual deficit during his presidency without the ability to raise taxes on the rich, which he wanted to do but was unable to because of a republican congress. He did institute a small tax on the rich as part of the ACA roll out his second year, an issue that is a big win for democrats in the 2018 blue wave, after 8 years of republicans trying to undermine and kill it.
What has been the trend of Trump's deficit spending so far?
I'm curious.
This post was edited on 8/17/19 at 9:58 am
Posted on 8/17/19 at 9:56 am to PygmalionEffect
FY 2017 - $672 billion.
FY 2016 - $1.423 trillion.
FY 2015 - $327 billion.
FY 2014 - $1.086 trillion.
FY 2013 - $672 billion.
one of us has bad numbers
FY 2016 - $1.423 trillion.
FY 2015 - $327 billion.
FY 2014 - $1.086 trillion.
FY 2013 - $672 billion.
one of us has bad numbers
Popular
Back to top
Follow TigerDroppings for LSU Football News