Where TF is the Border Wall?
- Thread starter MoneyMatthew
- Start date
Lol after 10Trillion from Obama that did nothing for minoritie's income....
Naive indeed.
Most of the 10 trillion from Obama was paying for Bushs bills.The bush tax cuts for the rich,bush increasing military spending from 300 billion a year to 600 billion a year, 2 unpaid for wars,unpaid for medicare expansion,Bushs wrecked economy etc.
Deficits have become part of the political rhetoric for both parties. The average person understands that government spending, deficits and taxes are somehow linked, but they have little understanding of the how deficits and surpluses, are linked to savings, investment, employment, inflation and productivity and virtually no understanding at all of monetary policy and its affect on the economy.. That's why political rhetoric that is completely wrong much of the time can be so effective. It's because it seems to make sense based on personal knowledge of household economics . But of course in a world of fiat currencies, household economics and government economics are worlds apart.
That is a total lie. The Bush bills came from Clinton's total fuckup in 1995 by forcing banks to make loans that could never be paid vis-a-vis modifications totthe comm redep act which created the worst housing bubble in history. It is always the liberal that screw things over because they do not understand something called "sustainable economics'
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That has nothing to do with bushs unpaid for wars,tax cuts,doubling military spending,unpaid for medicare expansion etc.
Your guy just increased the deficit from 600 billion to a trillion in 2 years and bush took a 100 billion dollar + surplus and turned it into a 1.2 trillion dollar deficit
Who are you talking to? Just ask them about the Obama spending items that added to the deficit and ask them to add up the numbers. They will shut up or ignore you.