Current U.S. National Debt approaching $20 Trillion

Another conservatives blaaaames Obaaaama for the effects of the GR he inherited.

Get your critic ready. The debt has already increase 1.267T virtually all of that in the last year, and the deficit is exploding with his tax cuts.

Tax cut are good for the m/billionaires mostly. And their good from running up deficits.

Which is criminal to do in a good economy when we have a $21T debt.

 

Then by your reasoning you must attribute to obama all the debt accrued in Trumps first year. obuma still hugely increased the debt, about $8.4 Trillion, and by more than any other President.

You lose either way. Stop trying to promote lies.

 

Yes, the debt is going up, and its troubling. But it takes time to change the national fiscal course. You want to claim obuma needed 8 years to "fix" the economy, but attack Trump because he was not able to change the national course in one day. Not to mention the dumbocrats and the RINO's fighting with tooth and nail to keep the spending.

I am realistic, not an ideologue blinded as the Left is. Time will tell whether Trump is successful.

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Tax cuts are good no matter who benefits from them. Leftists hate tax cuts because they hate the idea of empowering people.

 

Obama did it in a lot less than 8 years. The tanking economy he inherited in the worst recession turned around and started growing within a year, and within about 4 years the deficit had dropped by about two thirds from what obama inherited.

I am realistic, not an ideologue blinded as the Right is. Under Trump the deficit is increasing as is the debt increase.

History shows they're mostly good for running up debt.

Cons love tax cuts because it mostly helps the m/billionaires, and that is what they are all about. They pretend to hate deficits, but only when a "D" is in the WH.

 

Sorry, but I clearly showed you that Reagan and bush were WAY worse than Obama concerning the debt. Since you are the one lying about the debt, you probably shouldn't accuse others of lying. Lol

 

blah blah blah. When you have joined the real world, let us know.

 

Wrong.

You showed percentage increase. The actual amount matters, not the percent increase. People use percent when they don't have an argument.

If I owe $1 and then increase the debt to $101, that's a 10,000% increase - but the amount is trivial so it does not matter. The % makes it look big, but its only $101.

But if I owe $10Trillion and increase it to $20Trillion, and am servicing the debt through more debt, and my total assets equal $20Triliion, then even though the debt increase is 100%, the amount makes it a catastrophic increase.

Simple math. Learn some of it.

 

What I wrote in my post is true. I'm sorry. The RW propaganda you get your information from is not the "real world".

 

You mean https://www.treasurydirect.gov/NP/debt/current, the governments own web site, is not true? Its just right wing propaganda?

 

Sorry, but I clearly showed you that Reagan and bush were WAY worse than Obama concerning the debt. Since you are the one lying about the debt, you probably shouldn't accuse others of lying. Lol

 

Given Obama maintained neoliberalism and therefore was an utter flop, aren't you just comparing who was more useless?

 

You mean the source I used, https://www.treasurydirect.gov/NP/debt/current, the governments own web site, is not true? You mean the govt is engaged in some sort of conspiracy to provide false data on the national debt?

 

I'd say that neither of you have bothered with reasoned comment.

 

where are you getting lost? You are tacking on bush's budget for 2009, to obamas total. Doesn't work that way.

Also, you can't compare straight dollars to dollars. You have to compare percentages. Reagan and Bush were WAY worse, as I showed you.

 

People like you are the problem. Do you condemn the status quo and demand change? NO. You whine at right wing cretins and celebrate the elite.

 

The question is the size of the debt under obama. And its easily answered, an objective quantifiable answer from the govt web site which Obama sycophants refuse to believe.

 

This is empty whine! Obama was a waste of space. Anyone supporting him was a supporter of the status quo. So what the feck are you moaning about?

 

Already answered. Replace Obama's first year (blame that year on Bush 43) with Trumps first year, and obuma added $8.3Trillion to the national debt. Still the worst ever.

Percentages, as has already been explained, hide the truth - and that's why you use percentages.

 

You two might as well argue over which colour grey looks most tiresome.

 

uh, I have neither whined nor celebrated anything. I pointed out right wing propaganda is demonstrable bullshit.

 

which I refuted.

 

And what were Obama and Clinton? Right wingers too.

 

Wrong. And total FAIL. You refuted nothing, you just claim you added something which proves your point. At this point you are just being stubborn. Admit you are wrong and recover some respect.

 

demonstrable fact. you were refuted

 

Yes, fact, per the govt website I linked you to. Unless you claim the govt lied, then you are a stubborn fool who cannot admit he is wrong.