Trump team prepares rescue package of at least $800 billion (impeachment, solutions, dollar)

[workingclasshero]

Originally Posted by Threerun

Try comparing those nice numbers to GDP. Spain's deficit relative to GDP is half of what ours is. Trump is certainly NOT conservative.

Try putting it in perspective. https://www.thebalance.com/us-deficit-by-year-3306306

trumps average deficit is still lower than Obama's average deficit of 1.06trillion including fy16 which was 1.4 trillion


the average deficit of Obama...1.06 trillion.....6 out of 8 years with trillion+ deficit, including his last full year FY16


deficits didn't drop under Obama....6 out of 8 years with trillion dollars deficits including his LAST YEAR

10/01/2009................................ 11,920,519,164,319.42
09/30/2010................................ 13,561,623,030,891.79
difference of 1,641,103,866,572............................1.6 trillion deficit fy10

10/01/2010.................................13,610,847,58 5,810.09
09/30/2011.................................14,790,340,32 8,557.15
1,179,492,742,747...........................1.17tr illion deficit fy11

09/30/2011................................ 14,790,340,328,557.15
09/28/2012................................ 16,066,241,407,385.89
1,275,901,078,828..........................1.27 trillion deficit fy12

10/01/2012.................................16,159,487,01 3,300.35
09/30/2013.................................16,738,183,52 6,697.32
578,696,513,397..............................578 billion deficit fy13......the only one of two full years under one trillion

10/01/2013................................. 16,747,478,675,335.18
09/30/2014................................. 17,824,071,380,733.82
1,076,592,705,398..............................1.0 7 trillion deficit fy14


10/01/2014................................. 17,824,071,380,733.82
09/30/2015................................. 18,150,617,666,484.33
326,546,285,750.51..............................32 6 billion deficit fy15...the second less than trillion



10/01/2015................................. 18,150,617,666,484.33
09/30/2016.................................19,573,444,71 3,936.79
1,422,827,047,452.46.............................. 1.42 trillion deficit fy16

source: US Treasury

[Finn_Jarber]

Originally Posted by Hopeful for Life

He’s trying to buy up votes at the taxpayers’ expense.

So it seems.

[Finn_Jarber]

Originally Posted by workingclasshero

trump is being conservative... yes he is opening up needed monies, but being smart about it

Trillion dollar bailout is your idea of conservatism?

[StillwaterTownie]

Originally Posted by Mathguy

Realizing the republicans are a whole lot like the democrats is a great first step.

Now you just need to realize how much the democrats are like republicans.

Decades ago George Wallace said there isn't a dime's worth of difference between the Republican and Democrat parties is still not out of date.

[Tall Traveler]

Originally Posted by StillwaterTownie

Decades ago George Wallace said there isn't a dime's worth of difference between the Republican and Democrat parties is still not out of date.

About once every 200 posts you make I agree with...this is the 1.

[HeyJude514]

Originally Posted by workingclasshero

trumps average deficit is still lower than Obama's average deficit of 1.06trillion including fy16 which was 1.4 trillion <snip for irrelevance>

So what you're telling us is that because President Obama did it, Trump should do it, too? He should follow Obama's lead on this? You agreed with Obama when he did that?

[RMESMH]

Originally Posted by Tall Traveler

About once every 200 posts you make I agree with...this is the 1.

[workingclasshero]

Originally Posted by HeyJude514

So what you're telling us is that because President Obama did it, Trump should do it, too? He should follow Obama's lead on this? You agreed with Obama when he did that?

no..a big no


I don't think there should EVER be bailouts... not by bush, not by Obama, and not by trump

[Wardendresden]

Heard an economist today say one trillion dollars won't do it. We need at least FOUR trillion dollars. And if that sounds atrocious, think of the cost of a depression that will make 1929 pale in comparison. And remember, some of the "horrible" socialist programs like social security began during that depression.


When your house is on fire, you don't quibble over the cost of water to put it out.

[beach43ofus]

Originally Posted by Finn_Jarber

Trillion dollar bailout is your idea of conservatism?

Blue stimulus good

Red stimulus bad

Conservatives are being compassionate, helping others, saving lives, saving homes, saving families, saving employers, stimulating the economy during a crisis...what is your objection to this?

Conservatives must set aside their convictions to help fellow Americans in need.

As President Trump said earlier today, We must set aside partisan politics to beat this enemy.