Author Topic: President Trump Estimates He'll Accumulate Obama Levels of Deficits  (Read 385 times)

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Offline ABX

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President Trump's budget projections show he will add as many deficits into the national debt as Barack Obama did.
Say what you will about Barack Obama, but given he was a progressive who believed the government could spend the nation out of economic malaise, it made sense for him to have $7 trillion worth of deficits over eight years and pile on the national debt........

https://www.themaven.net/theresurgent/erick-erickson/president-trump-estimates-he-ll-accumulate-obama-levels-of-deficits-uYyjUsgI-EqHhSlexHMDqw?utm_content=bufferc07a1&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer&full=1




Offline Suppressed

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Re: President Trump Estimates He'll Accumulate Obama Levels of Deficits
« Reply #1 on: February 13, 2018, 05:00:40 pm »
“I’m the king of debt. I’m great with debt. Nobody knows debt better than me." -- Donald J. Trump

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“In the outside world, I'm a simple geologist. But in here .... I am Falcor, Defender of the Alliance” --Randy Marsh

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Offline Concerned

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Re: President Trump Estimates He'll Accumulate Obama Levels of Deficits
« Reply #2 on: February 13, 2018, 05:09:44 pm »
This guy didn't like debt for the country when Obama was racking it up:

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.......I like debt for me, I don't like debt for the country. I like debt for my company, but I don't like debt for the country. For the country we have $19 trillion in debt, it's going to be very soon $21 trillion, not billion, $21 trillion in debt. And I will tell you we are sitting on a time bomb and Hillary Clinton doesn't have a clue. And President Obama has pretty much doubled the debt since he's been in office and somebody's going to pay a big price. We have to start chopping that debt down.... I wouldn't renegotiate the debt. 

Donald J Trump June 22, 2016

I just don't understand how so many supposed conservatives (who criticized Obama for racking up debt) can now be silent when Trump heads down a path for matching it?   :shrug:

https://libquotes.com/donald-trump/quote/lba7p7q
« Last Edit: February 13, 2018, 05:14:01 pm by Concerned »
I adore facts and data and abhor lies and liars.

Offline Suppressed

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Re: President Trump Estimates He'll Accumulate Obama Levels of Deficits
« Reply #3 on: February 13, 2018, 05:24:39 pm »
@sinkspur 9/12/2016:
http://www.gopbriefingroom.com/index.php/topic,224670.msg1051935.html#msg1051935

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"Fiscal stimulus"  = massive spending increases.

I thought Republicans and conservatives railed against this deficit-and-debt increasing strategy?  Obama received withering scorn in 2009 when he did this, and the economy didn't budge. 

Now, because Trump, it's just what the doctor ordered.
+++++++++
“In the outside world, I'm a simple geologist. But in here .... I am Falcor, Defender of the Alliance” --Randy Marsh

“The most effectual means of being secure against pain is to retire within ourselves, and to suffice for our own happiness.” -- Thomas Jefferson

“He's so dumb he thinks a Mexican border pays rent.” --Foghorn Leghorn