Obamas largest deficit was a temporary 200 billion increase from the deficit he received,he than cut the deficit he received in half.
Trump has increased the deficit 500 billion more than he recieved it and unlike Obama its going higher not lower.
GDP Grows at 3.2% Another Left Wing Hoax Crumbles
- Thread starter wildchild
- Start date
Obamas largest deficit was a temporary 200 billion increase from the deficit he received,he than cut the deficit he received in half.
Trump has increased the deficit 500 billion more than he recieved it and unlike Obama its going higher not lower.
You are a liar. The first thing Obama did was a $700 billion pork-u-lus bill that was 100% funded by deficit spending. Obamacare by itself adds $6.2 trillion to the long term deficit.
Obama was a walking disaster.
The stimulus was split into 2 or 3 years.Obamacare cut the deficit by raising taxes and cutting medicare spending.
Bushs last deficit was 1.2 trillion.Obamas last deficit was 600 billion,half of what he received.
The deficit was 600 billion when Trump took office.Just 2 years later it is 1.1 trillion,nearly double what he received.
How’s the global economy doing? How about Canada’s? You would be lucky to have Trump. Perhaps after Trump leaves US politics in 2024, you’ll be able to modify your Constitution to allow him to run for Prime Minister. Recruiting Trump might be tougher, though.
You are peddling deception. The US national debt increased more under the Obama Administration than almost all other previous Presidents combined. Combined.
Because he came into office with a 1.2 trillion dollar a year deficit.His administration had to pay for tax cuts,wars,medicare expansion,700 billion dollar a year defense budget ,the worst economy since the great depression that the last administration left him.
Try associating yourself with some facts before bursting out .
--------------------------------------------------------------------------------------------
A federal judge has declined a House committee's bid to have Attorney General Eric Holder held in contempt of court — and perhaps even jailed — for failing to turn over documents related to the Justice Department' s response to Operation Fast and Furious. Jackson called the House contempt motion "entirely unnecessary" and said it was evident that she was considering the government's motion to lift her prior order. "Under those circumstances, the Court finds no basis to hold defendant in contempt," she wrote.
Obama had the benefit of both Democratic Senate and the House for the earlier part of his term, where he recieved an $750 billion economic stimulus plan, and super easy Fed with TARP, QE1, QE2, QE3, near zero interest rates, and Fed balance sheet expansion of several trillion dollars. All for an amenic economic recovery by historical standards and a near doubling of the national debt. The reason why Obama sucked is because his regulatory policies and Partisanship caused businesses to hold back on hiring and capital investment.
Trump is kicking ass in spite of the Fed reducing their balance sheet, interest rates increasing significantly, and the fact we are late in the economic cycle because of his business friendly policies. Sure there are areas of weakness in our economy right now. Some of this is related to Trump’s attempt to normalize our trade agreements. Some is related to normal intra industry cycles. However, even with all this, GDP came in strong, especially for a late cycle number. In addition, if Trump succeeds in trade negotiations or in other economic initiatives, our economy could go into prosperity mode like 2004 to 2006 without the speculative excesses. Trump recently announced he has successfully attracted several hundreds of billions of dollars in foreign investment into the US.
As shown by all time record low unemployment rates for minorities under the Trump Administration, supporting Trump is good for our economy and all American people.
Ah, the honorable Ms. Berman Jackson a fresh faced Obama appointee in the DC circuit.
Cute, how that works