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The question is, did you? And if so, what do you think about Trump boosting that national debt even higher? Wasn't one of his campaign promises to reduce the national debt?
I complained about it under Bush, Obama, and even now...unlike the OP I don't wear blinders
I can't fathom how liberals didn't give a crap about the debt when Obama ran it up from $10T to $18T. And don't cite some stupid state like Reagan tripled it. Obama's register rang up more than ALL OTHER PRESIDENTS COMBINED.
That said, here is the plan. Get the economy roaring again. (Really a monkey could have done this but Obama couldn't). Check.
Bring a bunch of tax money back in the country by lowering the rates so as to be competitive. Check.
I can't fathom how liberals didn't give a crap about the debt when Obama ran it up from $10T to $18T. And don't cite some stupid state like Reagan tripled it. Obama's register rang up more than ALL OTHER PRESIDENTS COMBINED.
That said, here is the plan. Get the economy roaring again. (Really a monkey could have done this but Obama couldn't). Check.
Bring a bunch of tax money back in the country by lowering the rates so as to be competitive. Check.
Bring up tax revenues as economy roars. Check.
Pay down debt. Coming.
to be honest
Reagan/bush1 nearly did triple it
jimmy carter increased the debt by 57% from 600 billion to 944 billion
yes the debt tripled under Reagan/bush1...Reagan admin it went from 944 billion to 2.6 trillion.....bush1 took it from 2.6 trillion to 3.1 trillion
the debt nearly doubled under Clinton from 3.1 trillion to 5.87 trillion
the debt nearly doubled under bush2 from 5.87 trillion to 10.6 trillion
and the debt has nearly doubled under Obama, who did NOT shrunk the deficit... 10.6t to 19.9t
and it will probably double again...but WashingtonDC doesn't seem worried, as they continue the path
If I save a whopping $21 a year. And multi millionaires save 100's of thousands...This tax cut was for them. Everyone knows it, you really arent providing any convincing evidence that would make anyone change their mind.
Would you prefer a tax hike for over 80% of taxpayers?
Quote:
Originally Posted by TEPLimey
Given the amounts the top 1% will save compared to the middle class, you’d be hard press to buy any of that foolishness. The GOP all but admitted that this was a gift to the donor class when pushing its passage last December.
As the chart shows, the middle class got more of a tax cut, by percent, than the wealthy did.
Quote:
Originally Posted by Haakon
You're expecting the crowd that creates and defends fake news to accept facts? Good luck.
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