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Fox News anchor confronts Trump official over ballooning deficit, pointing out it began decreasing under Obama
The Fox organization has to take the long view. Trump is now recognized as just a temporary phenomenon and the corporation will be around long after Trump and the crotch couch gang are a faded memory. The word is out: rescue the company's credibility and report more honestly.
And we were on a long downward slope paying it off post WW2. Until Reagan supply side voodoo economics. We haven't had a real fiscal conservative since. Clinton was closest.
It's politically impossible to cut the budget and it's mathematically impossible to tax our way out of our debt. We are where we are, and no president or congress will change it. Time to figure out what the end game here is.
His sheep keep saying that he lowered the budget deficit to just $0.4 Trillion in his last Fiscal Year, when he added $1.42 Trillion to the debt due to off budget expenses that he promised wouldn't happen on his watch.
Trump should be ashamed of the debt...so should Obama. Stop the lies both ways.
Obama had to deal with the potential closing of Americas Automotive industry, a potential failure of Wall street and two wars started by the republicans. trump came into power with a stabilized economy, unimploymen down around 5% from a high of 9% and an effort by Obama to withraw troops from those two wars. IMO trump has done very little except raise the debt by 2 trillion.
Obama had to deal with the potential closing of Americas Automotive industry, a potential failure of Wall street and two wars started by the republicans. trump came into power with a stabilized economy, unimploymen down around 5% from a high of 9% and an effort by Obama to withraw troops from those two wars. IMO trump has done very little except raise the debt by 2 trillion.
Obama's solution to fix GM was to give them a special bankruptcy so he could throw a mountain of money at them without forcing substantial changes. What an idiotic move.
Then 8 years later he finishes with $1.42 Trillion in his last fiscal year while telling multiple lies about it...
Obama's solution to fix GM was to give them a special bankruptcy so he could throw a mountain of money at them without forcing substantial changes. What an idiotic move.
Then 8 years later he finishes with $1.42 Trillion in his last fiscal year while telling multiple lies about it...
Obama simply failed. So is Trump.
I agree. There never should have been bailouts in 2008. Nor should there be any now. The difference I see is Obama didn't cause the problem that necessitated bailouts, whereas it's Trump's trade policies that have necessitated his.
Clinton lucked into massive tax revenue caused by factors like the boom in 401K accounts and the dotcom boom.
He still signed off on overspending by the GOP congress.
If by "signed off on" you mean "was dragged kicking and screaming to the altar of fiscal responsibility" by Newt after several government shut-downs, I agree.
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