The U.S. government is set to borrow nearly $1 trillion this year, an 84 percent jump from last year

[UsualName]

This is the worst fiscal management of our country in my lifetime.

 

[Tsing Tao]

Suddenly debt is a problem now that there is a Republican led congress passing the budget.

Well, at least it's good to see you all concerned about the budget like the rest of the fiscal conservatives here. Just try to remember your stance the next time democrats lead the show.

 

[Frederick Foresight]

Suddenly debt is a problem now that there is a Republican led congress passing the budget.

Well, at least it's good to see you all concerned about the budget like the rest of the fiscal conservatives here. Just try to remember your stance the next time democrats lead the show.

When Obama came into the White House it was about economic survival. Higher deficits were unavoidable. What possible reason do the Republicans now have to raise the deficit? To cut taxes when the economy is so "Trumpian buoyant?" (Just ask him how "great" the economy is. And now it's gonna be even more great with higher deficits!) That's reverse Keynesian, by the way.

 

[exGOPer]

When Obama came into the White House it was about economic survival. Higher deficits were unavoidable. What possible reason do the Republicans now have to raise the deficit? To cut taxes when the economy is so "Trumpian buoyant?" (Just ask him how "great" the economy is.) That's reverse Keynesian, by the way.

Exactly, when Dems controlled congress they passed Pay As You Go, they raised taxes for every structural spending item - a fact that so called Fiscal Cons never notice. Look at California, after all the whining about spending, they are having surpluses.

 

[exGOPer]

https://twitter.com/x/status/745299161130635264

 

[UsualName]

When Obama came into the White House it was about economic survival. Higher deficits were unavoidable. What possible reason do the Republicans now have to raise the deficit? To cut taxes when the economy is so "Trumpian buoyant?" (Just ask him how "great" the economy is. And now it's gonna be even more great with higher deficits!) That's reverse Keynesian, by the way.

Right. A lot of right wingers act like deficit spending during and in the wake of a recession is the same as deficit spending during years of economic growth. It’s completely ignorant and lacks any understanding of the connection between government spending and fiscal policy.

We will be in a war between the fed and the government, with the fed raising interest rates to fight inflation while the government dumps stimulus into the economy to create inflation. We would be better off setting the money on fire in the long run.

 

[Tsing Tao]

When Obama came into the White House it was about economic survival. Higher deficits were unavoidable. What possible reason do the Republicans now have to raise the deficit? To cut taxes when the economy is so "Trumpian buoyant?" (Just ask him how "great" the economy is. And now it's gonna be even more great with higher deficits!) That's reverse Keynesian, by the way.

I know your perspective. When it's a democrat, there's always an excuse or reason. When republican, burn the guy.

I'm just glad you guys are finally worried about debt and deficits. Welcome aboard.

 

[Optionpro007]

One thing is to borrow without income to support home renovations (Obama), quite another is to borrow for home renovations with strong financials (Trump). You guys need a lesson on how to use credit correctly. Cheers.

 

[exGOPer]

I know your perspective. When it's a democrat, there's always an excuse or reason. When republican, burn the guy.

I'm just glad you guys are finally worried about debt and deficits. Welcome aboard.

This guy has absolutely no perspective on anything, no amount of explanation or context is enough for him even on financial matters and he claims to be a CFO.

Nothing but concern trolling and idiocy from Cons on board.

And if we don't lick Trump's balls then we have TDS. What a fucking embarrassment conservatism has become.

 

[exGOPer]

One thing is to borrow without income to support home renovations (Obama), quite another is to borrow for home renovations with strong financials (Trump). You guys need a lesson on how to use credit correctly. Cheers.

Obama never expanded structural deficits or debt, Obamacare was paid for and reduced deficits as it cut Medicare funding.

Go takes a basic math and econ lesson before advising others on needing lessons. Clowns.