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Started By
Message
re: Trump goes silent on national debt while racking up $1 trillion in 14 months
Posted on 3/16/18 at 6:22 am to Bench McElroy
Posted on 3/16/18 at 6:22 am to Bench McElroy
quote:
He’s not the fastest to add his first $1 trillion. That would be President Obama, who did it in little more than six months, after inheriting a recession and the Wall Street bailout from his predecessor.
/thread
0
Posted on 3/16/18 at 6:24 am to Plx1776
quote:
shite, I wouldn't have bitched about the former potus, if he lowered my taxes and let me keep a decent amount of my money.
If you didn't keep a decent amount of your money before you probably aren't keeping a decent amount of it now
The tax cuts aren't that massive
Posted on 3/16/18 at 6:25 am to Powerman
Crumbs. And you are a shitty troll.
Posted on 3/16/18 at 6:46 am to HailHailtoMichigan!
quote:
Which 2016 candidate would have seen a different debt result after 14 months?
Can we please stop giving politicians a pass because the “other candidate” would have made a similar decision? It’s lazy. Measure “your guy” by “your standards”.
Posted on 3/16/18 at 6:49 am to Bench McElroy
And all of a sudden, libtards care about the national debt again after 8 years of looking the other way.
Posted on 3/16/18 at 7:05 am to Bench McElroy
quote:
Trump goes silent on national debt while racking up $1 trillion in 14 months
But....but.....Obama
This post was edited on 3/16/18 at 7:06 am
Posted on 3/16/18 at 7:09 am to DEG
Any dem would have been higher.
So, using baseline budget techniques, which liberals LOVE,
Trump has cut the debt drastically.
So, using baseline budget techniques, which liberals LOVE,
Trump has cut the debt drastically.
Posted on 3/16/18 at 7:10 am to HailHailtoMichigan!
quote:
Which 2016 candidate would have seen a different debt result after 14 months?
Rand Paul
Posted on 3/16/18 at 7:18 am to Bench McElroy
I'm a conservative first and foremost and this needs to be addressed. Some of you guys need to learn to have a backbone with Trump at times - for he acts entirely non-conservative (with this and his pathetically childish behavior) most of the time.
With this, it's fiscally irresponsible - you don't spend what you don't have. Period. We bitched about Obama. We should do the same for Trump, actually more so.
With this, it's fiscally irresponsible - you don't spend what you don't have. Period. We bitched about Obama. We should do the same for Trump, actually more so.
Posted on 3/16/18 at 7:22 am to Spock's Eyebrow
quote:
Winners don't eat well-done steaks with ketchup.
Winners don’t give a frick about how other people eat their steaks.
This post was edited on 3/16/18 at 7:22 am
Posted on 3/16/18 at 7:25 am to Redbone
quote:
It would have been so much worse had the crazy old bitch gotten elected.
We would be in a war right now with Russia if HRC got elected
Posted on 3/16/18 at 7:34 am to Codythetiger
Look for a tax increase if the Dems take over at least one house of congress. Trump will increase tariffs and find ways to tax capital that leaves the US and find other ways to increase taxes that don't harm the wealthy. We'll get higher taxes on things that hurt the middle- and working-class but the Trumpkins won't care because he'll hate on minorities and liberals.
Posted on 3/16/18 at 7:40 am to Ralph_Wiggum
quote:
We'll get higher taxes on things that hurt the middle- and working-class but the Trumpkins won't care because he'll hate on minorities and liberals.
Well, so far I'm paying less taxes and my family is working class. Been about a 300 a month difference. That's $300 more I can throw into my retirement account. You figure hundreds of thousands of Americans are doing the same which is good for the economy bud.
Posted on 3/16/18 at 8:18 am to Bench McElroy
Most of that is on Congress for not passing a budget. They have simply continued to kick it down the road and keep Obama levels of spending. That's not on Trump.
Effects of the tax cuts is yet to be seen...could be good or bad in relation to deficits. Depends on economic growth. Congress needs to address spending though
Effects of the tax cuts is yet to be seen...could be good or bad in relation to deficits. Depends on economic growth. Congress needs to address spending though
Posted on 3/16/18 at 8:50 am to HailHailtoMichigan!
quote:
Which 2016 candidate would have seen a different debt result after 14 months?
Rand Paul
Posted on 3/16/18 at 8:56 am to Bench McElroy
Way too much being spent. Further proof that following Obama's example is never a good idea.
This post was edited on 3/16/18 at 8:57 am
Posted on 3/16/18 at 8:57 am to TrueTiger
quote:Well the baseline refers to the surplus/deficit as a function of receipts and overlays, and it's probably a fairer way to look at it because our debt payments will increase substantially--by 100s of billions over the next few years--so that may be a bit unfair for presidents who inherent these rapid debt payment increases with Trump being the first.
So, using baseline budget techniques, which liberals LOVE,
Trump has cut the debt drastically.
Now if you look at the receipts and outlays, the deficit is $848 billion during Trump's first 14 months and growing pretty quickly. On the other hand, it was $847 billion during Obama's LAST 22 months.
Obviously the deficit in not all on a president, and we're only a few months into the Trump's first full fiscal year post-Obama, but as of right now, Trump is currently running a monthly deficit about 50% to 60% greater than Obama.
So Trump is not cutting the debt drastically, and using the baseline budget, he's actually increasing the deficit substantially, a terrible bar to even meet, let alone go way beyond it.
I just don't understand why some of you will make such blatantly false statements about easily verifiable information. Isn't that what the prog filth do: make up a their own facts in some fantasy world?
Posted on 3/16/18 at 9:00 am to Bench McElroy
So in ten years, Trump will still have added less to the debt than obama did in Eight?
Posted on 3/16/18 at 9:01 am to TbirdSpur2010
quote:He's making 2nd term Obama seem fiscally responsible by comparison, which is basically the equivalent to saying someone is making boom's NBA eye test seem objectively accurate by comparison.
Way too much being spent. Further proof that following Obama's example is never a good idea.
In other words, he's somehow making it worse than the terrible standard left to him.
Posted on 3/16/18 at 9:07 am to Bench McElroy
So he is spending half as much as his predecessor
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