25% of the US National Debt Incurred During Trump's Reign of Error

[adrina]

If Biden just got out of the way we wouldn’t be going into a recession now. The economy was rebounding just fine till that incompetent fool took over, governing by executive fiat.

The funny thing to me is this is the same argument that has been used against Democrat leaders for my entire life. Do you think you could come up with something, ya know, not so propaganda-ish.

 

[DeluxAuto]

You are misinformed.

Not in the least, simp.

Then there's the *Dot Com bubble*

Which wasn't a bubble at all. Just ask your new god, Musk.

 

[dkovic77]

The funny thing to me is this is the same argument that has been used against Democrat leaders for my entire life. Do you think you could come up with something, ya know, not so propaganda-ish.

Because the republicans always know better than democrats.

Just let them handle it…

Recently though, they handled two impeachments, an insurrection, ……. , and a representative from New York that no one can be certain of his name.

If they had more than a 4 vote cushion, one would think they would have cleaned up that mess as a victory for the people. But since Kevin needs all the votes, throw all principles out the window.

Downplay any facts and inflate conspiracy, the motto for the MAGA-umplicans.

And poor Jim Jordan is being fed lines from Reagan as to why he won’t get full access to investigations. Will be fun to see how this goes, let’s see an attack on Reagan and how that will do with Republicans. MAGA folks don’t care because they are a flash in the pan, but they are playing with house money.

 

[lovecraft68]

25% under Trump so that leaves 75% to...the two term president before him and his successor.

Though in fairness to Obama I would put most of it on the democrats using Covid to completely destroy and economy down to the after effect of people no longer thinking they need to work, supply chain issues, inflation etc that Biden walked into and promptly made worse.

Hilarious that the idiots crying over 25% can't figure out that leaves the rest on their saintly do no wrong party

 

[dkovic77]

25% under Trump so that leaves 75% to...the two term president before him and his successor.

Though in fairness to Obama I would put most of it on the democrats using Covid to completely destroy and economy down to the after effect of people no longer thinking they need to work, supply chain issues, inflation etc that Biden walked into and promptly made worse.

Hilarious that the idiots crying over 25% can't figure out that leaves the rest on their saintly do no wrong party

Can’t do math either I see, good job. No one was President before 44? Wait. 44 implies there was a 43.

Not only the first black President, he was the first president. Got it.

 

[DeluxAuto]

25% under Trump so that leaves 75% to...the two term president before him and his successor.

 

[adrina]

Because the republicans always know better than democrats.

Just let them handle it…

Recently though, they handled two impeachments, an insurrection, ……. , and a representative from New York that no one can be certain of his name.

If they had more than a 4 vote cushion, one would think they would have cleaned up that mess as a victory for the people. But since Kevin needs all the votes, throw all principles out the window.

Downplay any facts and inflate conspiracy, the motto for the MAGA-umplicans.

And poor Jim Jordan is being fed lines from Reagan as to why he won’t get full access to investigations. Will be fun to see how this goes, let’s see an attack on Reagan and how that will do with Republicans. MAGA folks don’t care because they are a flash in the pan, but they are playing with house money.

It's beyond crazy. The propaganda and sound bites are out of control. Look at the one up there that is so obsessed with hating Democrats and liberals that they didn't even stop to use logic and math. Frothing at the mouth repeating what they've been told for the past 50 years: that in order to be patriotic they must hate Democrats.

It is literally tearing the country apart.

 

[dkovic77]

It's beyond crazy. The propaganda and sound bites are out of control. Look at the one up there that is so obsessed with hating Democrats and liberals that they didn't even stop to use logic and math. Frothing at the mouth repeating what they've been told for the past 50 years: that in order to be patriotic they must hate Democrats.

It is literally tearing the country apart.

And the stupidity they are basing their talking points on isn’t great either.

But who would want people who could be good at math running a government with….

Oh wait, that’s kinda important.

 

[adrina]

And the stupidity they are basing their talking points on isn’t great either.

But who would want people who could be good at math running a government with….

Oh wait, that’s kinda important.

Propaganda is never based on logic, but instead feelings. And that is what they have used to rouse a great many American citizens to hate their fellow American citizens.

 

[BabyBoomer50s]

The House controls the purse strings. The GOP controlled the House during Trumps first two years. They passed the Tax Cut and Jobs Act which the Joint Committee on Taxation and the Congressional Budget Office estimate will contribute between $1 trillion and $2 trillion to the national debt by 2025.

Democrats controlled the House the following 4 years. During the Trump administration it passed bipartisan budget acts that added about $2 trillion more. Then along came Covid and the CARES Act and omnibus spending packages that added trillions more. The Democratic Congress has accelrelated its spending binge since Biden was elected. The American Rescue Plan, the infrastructure bill, the Inflation Reduction Act, the 2022 omnibus bill and other things have added another $5 trillion or more to the debt.

None of this is to assign blame to one party and exonerate the other. Democrats and Republicans in the House have both heaped on loads of debt.

 

[schism666]

None of this is to assign blame to one party and exonerate the other. Democrats and Republicans in the House have both heaped on loads of debt.

this is a lazy deflection from the fact that a single term 2x impeached loser did this to us.

 

[icanhelp1]

Just imagine tax cuts with spending cuts, consolidating redundant programs, cut funding on programs that have outlived their usefulness and knock off the free shit.


https://www.investors.com/politics/editorials/trump-tax-cuts-federal-revenues-deficits

Go Figure: Federal Revenues Hit All-Time Highs Under Trump Tax Cuts​

Taxes: Critics of the Trump tax cuts said they would blow a hole in the deficit. Yet individual income taxes climbed 6% in the just-ended fiscal year 2018, as the economy grew faster and created more jobs than expected.

The Treasury Department reported this week that individual income tax collections for FY 2018 totaled $1.7 trillion. That's up $14 billion from fiscal 2017, and an all-time high. And that's despite the fact that individual income tax rates got a significant cut this year as part of President Donald Trump's tax reform plan

Income Taxes After Trump Tax Cuts​

True, the first three months of the fiscal year were before the tax cuts kicked in. But if you limit the accounting to this calendar year, individual income tax revenues are up by 5% through September.

 

[BabyBoomer50s]

this is a lazy deflection from the fact that a single term 2x impeached loser did this to us.

This thread is about the national debt, not impeachments. Congress controls the purse strings. Congress has passed mountains of debt over the past 6 years. Dems controlled the House 4 out of those 6 years.

 

[jomar]

^^^

• Overall, we would rate Investors Business Daily Right Biased based on right-leaning economic and market positions. We would also give them a High factual rating on strictly investing and market news. However, editorially IBT is clearly a Questionable source with the promotion of right-wing conspiracy theories and numerous failed fact checks. In sum, we rate them far-right Biased and Mixed for factual reporting.

https://mediabiasfactcheck.com/investors-business-daily/

 

[schism666]

This thread is about the national debt, not impeachments. Congress controls the purse strings. Congress has passed mountains of debt over the past 6 years. Dems controlled the House 4 out of those 6 years.

the post you quoted addresses the national debt incurred by trump.

are you hungover or still drunk?

 

[BabyBoomer50s]

the post you quoted addresses the national debt incurred by trump.

are you hungover or still drunk?

Put down your beer. I explained that Congress controls the purse strings and has driven the national debt up during the Trump and Biden administrations.

 

[schism666]

this is a lazy deflection from the fact that a single term 2x impeached loser did this to us.

me addressing the thread topic

This thread is about the national debt, not impeachments. Congress controls the purse strings. Congress has passed mountains of debt over the past 6 years. Dems controlled the House 4 out of those 6 years.

you not understanding my one-sentence post

the post you quoted addresses the national debt incurred by trump.

are you hungover or still drunk?

me explaining it to you like a 5 year old

Put down your beer. I explained that Congress controls the purse strings and has driven the national debt up during the Trump and Biden administrations.

you still failing

 

[BabyBoomer50s]

me addressing the thread topic

you not understanding my one-sentence post

me explaining it to you like a 5 year old

you still failing

Me not giving a shit about your irrelevant post.

 

[DeluxAuto]

Me not giving a shit about your irrelevant post.

I would have thrown in the towel too

 

[icanhelp1]

Me not giving a shit about your irrelevant post.

LUK, Schism666 both irrelevant.

 

[adrina]

I would have thrown in the towel too

He's too busy pretending that the president has no influence on the budgetary priorities.

 

[DeluxAuto]

He's too busy pretending that the president has no influence on the budgetary priorities.

Obviously Trump didn't because apparently Dems controlled his entire reign of error.

 

[adrina]

Obviously Trump didn't because apparently Dems controlled his entire reign of error.

He's following the propaganda programming.

 

[LLCox]

What trump does best is spend other peoples money.

 

[YDB95]

You are misinformed. HW laid the foundation for the economic boom of the 90s that Clinton surrogates love to take credit for.

That's twice now you've tacitly suggested raising taxes helps the economy. Some Republican you are!

Clinton wanted to take over the healthcare system which would have bankrupted the US,

According to the health insurance companies, anyway. What Clinton was after works quite well for the rest of the world. In Australia we don't live in fear of our medical bills, and last time I checked, the country wasn't bankrupt.

Clinton repealed the Glass-Steagall act leaving banks pretty much unregulated which led to the banking crisis under the Bush II admin.

It did help set the stage, true. But there goes your claim that Clinton was a wild-eyed leftist. Truth is, he was a bit right of center.

Just imagine tax cuts with spending cuts, consolidating redundant programs, cut funding on programs that have outlived their usefulness and knock off the free shit.

You mean the oil company subsidies that keep our gas prices much lower than the rest of the world? Why, that could lead to gas getting so expensive our credit card companies harass us every time we fill up!