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Old 04-02-2018, 08:11 PM
 
Location: Midwest
38,496 posts, read 25,805,850 times
Reputation: 10789

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Trump added over a trillion dollars of national debt in just six months!

Quote:
Analysts predict the U.S. will dive further into debt over the next year. In a report published March 2, the Committee for a Responsible Federal Budget said the national debt “is rising unsustainably.” It added that “recent tax and spending legislation have made a bad situation even worse.”

The committee predicted that trillion-dollar deficits will return permanently by next year and that the debt will exceed the size of the economy within 10 years. “Under potentially more realistic policy assumptions, the country will be facing a $2.4 trillion deficit and debt of 113 percent of Gross Domestic Product (GDP) by 2028,” it said.
U.S. National Debt Adds $1 Trillion in 6 Months, Partially Due to Trump Legislation
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Old 04-02-2018, 08:12 PM
 
18,984 posts, read 9,070,436 times
Reputation: 14688
Quote:
Originally Posted by jojajn View Post
Trump added over a trillion dollars of national debt in just six months!


U.S. National Debt Adds $1 Trillion in 6 Months, Partially Due to Trump Legislation
The party of fiscal responsibility strikes again.
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Old 04-02-2018, 08:14 PM
 
51,649 posts, read 25,800,144 times
Reputation: 37884
This is a nightmare.
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Old 04-02-2018, 08:17 PM
 
45,209 posts, read 26,424,445 times
Reputation: 24965
4D chess is expensive..of course the next crook, be they D or R will run it up even higher as Trumps predecessors did before him and many on this thread will suddenly fall silent.
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Old 04-02-2018, 08:22 PM
 
Location: Long Island
57,238 posts, read 26,182,129 times
Reputation: 15628
If this keeps up they will really need to reconsider those tax cuts at the end of this year if not sooner.
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Old 04-02-2018, 08:26 PM
 
Location: Ft. Myers
19,719 posts, read 16,833,054 times
Reputation: 41863
Like Trump said "Who knew healthcare would be so complicated..........same with the economy. He thought he could treat such a complex matter as our economy just like buying some building, and he is finding out he is way in over his head.

WINNING !!!!!!!! MAGA !!!!!!!!!!!!


I hope the next guy or gal who sits in that office can fix some of the screw ups he has created.
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Old 04-02-2018, 08:34 PM
 
Location: DFW
40,952 posts, read 49,166,535 times
Reputation: 55003
You guys have been saying he's still a Democrat. You may be right.
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Old 04-02-2018, 08:42 PM
 
Location: Midwest
38,496 posts, read 25,805,850 times
Reputation: 10789
Quote:
Originally Posted by Rakin View Post
You guys have been saying he's still a Democrat. You may be right.
Nope, you bought Trump, you own him and his damage.
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Old 04-02-2018, 08:55 PM
 
Location: Midwest
38,496 posts, read 25,805,850 times
Reputation: 10789
Just wondering what happened to that debt clock Fox News used to post on their shows.

https://www.youtube.com/watch?v=e80sRRrRI3s
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Old 04-02-2018, 09:03 PM
 
Location: New Orleans, La. USA
6,354 posts, read 3,653,065 times
Reputation: 2522
Quote:
Originally Posted by Frank DeForrest View Post
4D chess is expensive..of course the next crook, be they D or R will run it up even higher as Trumps predecessors did before him and many on this thread will suddenly fall silent.
(R) Ronald Reagan tripled the national debt.
https://mises.org/library/sad-legacy-ronald-reagan-0

(D) Bill Clinton had 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 a balanced federal budget, Bush then turned that balanced budget into huge deficits.
Federal Receipt and Outlay Summary | Tax Policy Center

(D) Barrack Obama reduced our deficits by 2/3. And over 80% of the debt growth that occurred while Obama was in office was caused by the Bush tax cuts, GW Bush's wars, bailouts by GW Bush, and the economic downturn that occurred while GW Bush was in office.
Barack Obama claims deficit has decreased by two-thirds since taking office | PolitiFact
https://www.washingtonpost.com/news/...=.213da56471f7

(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
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