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I've given up caring about the deficit and decided it was more productive to accept sooner or later it will implode and to do something about that, that I can control.
At this point just let it go. It will implode sooner or later. Position yourself to be as prepared for that eventuality as you can.
Obama inherited a 1.4 trillion dollar deficit from Bush. By the time Obama left office, he had managed to reduce the deficit by almost 2/3rds to around 500 billion.
Trumps steps up the plate promises several times:
In February 2016 Trump said he could start paying off the national debt "so easily."
In March 2016, Trump said he could cut trillions of dollars in spending by eliminating “waste, fraud, and abuse.”
In April 2016, Trump said that he was confident that he could “get rid of” the entire multi-trillion-dollar debt “fairly quickly.”
July 2016 Trump said “we’ll start paying off that debt like water.”
Now the national debt is back over 1 Trillion and still climbing.
“Since 1992, there have been 11 months in which the deficit topped $200 billion. Seven of those have happened under Trump.” The Washington Post
wow..your numbers are off
the average deficit of bush...200 billion
the average deficit of Obama...1.4 trillion.....6 out of 8 years with trillion+ deficit, including his last full year FY16
trumps average so far...less than Obama....but may he surpasses Obama...maybe not,,, Obama added 10 trillion in national debt
Deficits come from one reason, and one reason only: spending and revenue are out of balance. Anyone saying otherwise is not being honest. It can be balanced by either cutting spending, or increasing revenue, or both.
You give the GOP your vote, so you are a part of the problem.
Quote:
Originally Posted by PedroMartinez
You were so close.
Debt ONLY comes from spending. PERIOD.
Perhaps you will never understand, and anyone who does not understand will never be able to fix the issues.
I don't hear this getting much debate in the democratic debates or the president and his economic staff but we are truly on course for record deficits. We need to increase revenue and reduce spending.
so it was 3.32 trillion Obama's last budget and now it's 3.44 trillion this year ... wow, Trump's a spendthrift huh, time to go back to the days of Obama....lol
Your side doesn’t have the stones to cut spending. Trump cut taxes and spent more than Obama, which has exploded the deficit.
How many times do I have to post that the GOP sucks at reducing spending and cutting government? They rarley do either, which is why I don't give them a dime and why I try to unseat most of them in the primaries.
Hovever, the DNC is worse.
BTW, only spending causes deficits and debt. FACT
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