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When Reagan became president spending (federal outlays) was at $678 billion and Reagan increased that spending to $1.1 trillion. When GW Bush became president spending was at $1.8 trillion and Bush increased that spending to $3.5 trillion. But after Obama became president government spending fell and did not increase (and that hasn't happened since Eisenhower.) Federal Receipt and Outlay Summary | Tax Policy Center
And Donald Trump fully ignores the military spending that caused GW Bush's spending problems, and Trump wants to increase military spending.
Trumps spending cuts reduce Social Security and Medicare payments, reduce government assistance to needy Americans, reduce veterans benefits, reduce spending for education, reduce science and medical research, ex.ex.
Doesn't matter - Trump has DONE NOTHING to help the economy.
That's the whole sticking point of this insane boot-licking parade. Trump has done NOTHING to "make America great again" or help the economy. He is literally just stealing credit for the recovery under Obama while he pretended it never happened while campaigning. Even his stupid pay-day loan tax plan - "get your money now, but pay more for it later!" - hasn't been in effect long enough to have any effect on anything. It is the height of dishonesty to pretend that Trump "fixed" the economy by basically doing nothing for a year and letting it coast along since 2010. Based on that insane reasoning, I could take credit for the nation's economy since I've passed exactly as many laws as Trump has to improve it... oh, but I also pay my taxes, so I guess I'm more eligible for taking credit!?
Seriously, just knock it off already. I'm so tired of right-washed history where we're to believe the economy crashed the day Obama took office, stayed there for exactly 8 years, and then the markets jumped 20,000+ points the day Trump took office. It is such a childish partisan lie.
Doesn't matter - Trump has DONE NOTHING to help the economy.
That's the whole sticking point of this insane boot-licking parade. Trump has done NOTHING to "make America great again" or help the economy. He is literally just stealing credit for the recovery under Obama while he pretended it never happened while campaigning. Even his stupid pay-day loan tax plan - "get your money now, but pay more for it later!" - hasn't been in effect long enough to have any effect on anything. It is the height of dishonesty to pretend that Trump "fixed" the economy by basically doing nothing for a year and letting it coast along since 2010. Based on that insane reasoning, I could take credit for the nation's economy since I've passed exactly as many laws as Trump has to improve it... oh, but I also pay my taxes, so I guess I'm more eligible for taking credit!?
Seriously, just knock it off already. I'm so tired of right-washed history where we're to believe the economy crashed the day Obama took office, stayed there for exactly 8 years, and then the markets jumped 20,000+ points the day Trump took office. It is such a childish partisan lie.
Wow...dont often see them panic and suddenly try to derail their own sides threads usually.
Well, tell me how peace prize winning Obama didnt free Terrorists who would return to the battlefield? And how he didnt give billions of dollars to the Iranians to be used on their nuke programs? I didnt know the Nobel peace prize was now a violence prize
Ok, back on Topic? How will Trump not beat Bush's and Obama's 20 trillion dollar deficit?
NY Fed is projecting 3.1%. Of course the O.P. is cherry-picking the higher estimate and running with it :-)
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