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About a year ago, President Trump pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury.
When Mr. Trump took office on Jan. 20, 2017, the national debt was $19.9 trillion, according to U.S. Treasury data. Since then, the GOP-led Congress has passed a $1.5 trillion tax cut bill and a two-year spending deal which, together, are expected to drive the deficit and debt further upward. The Committee for a Responsible Federal Budget estimates annual deficits could top $2.1 trillion per year in the next decade, which would send the national debt soaring even higher. https://www.cbsnews.com/news/under-d...rst-time-ever/
That's what a NO-IQ~ F-A-I-L-E-D Businessman can do to a country's economy when he is allowed to rule unchecked... like a DESPOT!
About a year ago, President Trump pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury.
When Mr. Trump took office on Jan. 20, 2017, the national debt was $19.9 trillion, according to U.S. Treasury data. Since then, the GOP-led Congress has passed a $1.5 trillion tax cut bill and a two-year spending deal which, together, are expected to drive the deficit and debt further upward. The Committee for a Responsible Federal Budget estimates annual deficits could top $2.1 trillion per year in the next decade, which would send the national debt soaring even higher. https://www.cbsnews.com/news/under-d...rst-time-ever/
That's what a NO-IQ~ F-A-I-L-E-D Businessman can do to a country's economy when he is allowed to rule unchecked... like a DESPOT!
Yes the debt has increased.....just like it did under his previous occupant of the white house (were you concerned then?). The issue is and has always been.......spending....much of which is fixed. As near as I could tell from recent statistics, monies to the Treasury are about the same (or nearly so) after the tax cut as it was the year before.
As far as being a failed businessman (and I'm no Trump lover by any means) wouldn't YOU like to be as successful as he? Several hundred business ventures and bankruptcy on just 5 or 6......anyone who has spent any time in business would generally agree that is a great success record.
About a year ago, President Trump pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury.
When Mr. Trump took office on Jan. 20, 2017, the national debt was $19.9 trillion, according to U.S. Treasury data. Since then, the GOP-led Congress has passed a $1.5 trillion tax cut bill and a two-year spending deal which, together, are expected to drive the deficit and debt further upward. The Committee for a Responsible Federal Budget estimates annual deficits could top $2.1 trillion per year in the next decade, which would send the national debt soaring even higher. https://www.cbsnews.com/news/under-d...rst-time-ever/
That's what a NO-IQ~ F-A-I-L-E-D Businessman can do to a country's economy when he is allowed to rule unchecked... like a DESPOT!
so did you complain as Obozo took the national debt from 10.5t to 19.9 trillion????
so did you complain as Obozo took the national debt from 10.5t to 19.9 trillion????
To be fair, Obama inherited a 1.2 trillion dollar deficit from Bush...and you would need to introduce drastic measures to make that disappear overnight. At least Obama reduced the deficit down to 600 billion, but unfortunately the tax cut and spend Republicans are making it go up again.
Why is stating the truth TDS? Just because you're used to your guy lying all the time doesn't mean the rest of us don't recognize the truth when we see it.
To be fair, Obama inherited a 1.2 trillion dollar deficit from Bush...and you would need to introduce drastic measures to make that disappear overnight. At least Obama reduced the deficit down to 600 billion, but unfortunately the tax cut and spend Republicans are making it go up again.
Oh come on, this argument could go on and on. It is his fault, it is her fault, it is the dogs fault. The fact remains, under Obama the debt sky rocketed and under Trump it has done the same. The difference is the growth of the GDP.
Oh come on, this argument could go on and on. It is his fault, it is her fault, it is the dogs fault. The fact remains, under Obama the debt sky rocketed and under Trump it has done the same. The difference is the growth of the GDP.
There is no excuse for the deficit to go up during good economic times. The tax cuts for rich and increased military spending will be paid for by future generations. It’s already bad enough that they will pay for climate change too.
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And we just got done cleaning up the mess GWB made by spending money like a drunken sailor!
