Trump is the best - at raising the National Debt. Now $22 TRILLION (Mexican, drug)

[chad3]

Originally Posted by WiseManOnceSaid

Actually, the INTEREST RATES are best at raising the national debt. Until the parties can agree to making cuts in government spending, the interest rate alone will continue to multiply the debt at a rate that we cannot overcome. Same will be true of the next president and the one to follow.

If you want to blame folks (which, by the way, they blamed Obama, Bush, and Clinton too) blame yourself for choosing a party line and refusing to work with the other side to accomplish legislation that is good for the country. You and the rest of Americans who have "chosen sides" and refuse to talk to the other side are what's driving up the National Debt.

(R) Ronald Reagan tripled the national debt.
https://mises.org/library/sad-legacy-ronald-reagan-0

(D) Bill Clinton had federal surpluses from 1998-2001.
https://en.wikipedia.org/wiki/1998_U...federal_budget
https://en.wikipedia.org/wiki/1999_U...federal_budget
https://en.wikipedia.org/wiki/2000_U...federal_budget
https://en.wikipedia.org/wiki/2001_U...federal_budget

(R) GW Bush inherited federal surpluses. Bush then turned those surpluses into huge deficits.
Federal Receipt and Outlay Summary | Tax Policy Center
https://www.washingtonpost.com/news/...=.373dfb152e39

(D) Barrack Obama reduced our deficits by 2/3.
Barack Obama claims deficit has decreased by two-thirds since taking office | PolitiFact

(D) Hillary Clinton would have raised our debt to 85%-95% of GDP, while (R) Donald Trump will raise our debt to 105%-145% of GDP.
Promises and Price Tags: A Fiscal Guide to the 2016 Election | Committee for a Responsible Federal Budget


The Americans responsible for our debt are those who follow and spread "corporate propaganda" about the causes of our debt. Example,

Donald Trumps tax cuts will add $2.2 trillion dollars to our national debt.
Trump and GOP Tax Cut Could Cost Your Kids $2.2 Trillion | Time

But the "corporate propaganda" influenced Americans ignore the above $2.2 trillion being added to our debt, and then they say "spending is causing our debt." How can we ever solve our debt problem when so many Americans ignore, hide, and cover up trillions of dollars being added to our debt with supply side tax cuts?

[chad3]

Originally Posted by Corrie22

..Obama added $8 1/2 trillion..making it $20 1/4 trillion when Obama left office

Obama's policies added about $2.2 trillion dollars to our national debt during his time in office.

Obama added $2.7 trillion dollars to our national debt from 2013-2022 by extending 82% of the Bush tax cuts.
Budget Deal Makes Permanent 82 Percent of President Bush

And Obama added $831 billion dollars to our national debt with his 2009 stimulus.
https://en.wikipedia.org/wiki/Americ...nt_Act_of_2009


The other $7 trillion dollars added to our debt during Obama's time in office was caused by the Bush administrations Iraq/Afghanistan wars, GW Bush's tax cuts that took place when Obama first entered office, increased spending by GW Bush (Bush increased spending by 48.6%), and federal subsidies started by GW Bush, ex.ex.

Economic Downturn and Legacy of Bush Policies Continue to Drive Large Deficits | Center on Budget and Policy Priorities

Report: Wars in Iraq and Afghanistan cost almost $5 trillion so far
https://www.mercatus.org/publication...-george-w-bush
Do Crony Handouts Have a Stranglehold on the GOP?

[Feltdesigner]

Want to talk about it?

[James Bond 007]

Originally Posted by Feltdesigner

Want to talk about it?

Sure, why not.

Give it all to me.

[GotHereQuickAsICould]

Debt ceiling limit will be reinstated on March 2nd.

What should it be raised to $23 trillion? $24?

[T-310]

Let’s sequester now the $55 billion that will happen at the end of the year

[WaldoKitty]

Sure thing.

• 45 Presidents in US History.

• $22T National Debt

• Barack Obama is responsible for 31% of it.

So 1 President out of 45, Obama, created close to 1/3rd of the current national debt. I'm sure the OP doesn't want to talk about that.




(how do you know when it's really cold weather in DC? Obama has his hands in his own pockets. )

[Frank DeForrest]

Americans have spoken;they want wars, they want welfare, they want regulations and they dont mind making future generations pay for all of it.

[ottomobeale]

Obama 6.3 T or 28%. 2009-2016. Obama inherited a terrible economy. Yes I know that the inauguration is in mid Jan not Jan 1.
Trump so far 2017 and 2018. 1.4 T so far. Same-ish track. Trump inherited a mediocre economy.

[krug]

I really don't care. I know I should, but I don't.