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Andy asked in Politics & GovernmentPolitics · 3 years ago

Budget deficit and trade deficit are both way up from previous years, thoughts?

9 Answers

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  • Bob
    Lv 7
    3 years ago

    Reagan tripled the deficit in 8 years, Trump might be able to do it in 4. The Rich get richer, money for nothin and your chicks for free.

  • 3 years ago

    i think #s are needed here & credible links

  • Anonymous
    3 years ago

    Can't be! Trump is bringing our jobs back! He just made me a million in health care stocks!

  • Anonymous
    3 years ago

    Demonrats lost and refuse to let the President lead the country...their platform is elect enough crazy congressmen to impeach hisass....that is it...

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  • 3 years ago

    Are they?

    I believe you on the trade deficit, but I'd like to see some proof on the budget deficits.

    And remember, the deficit for FY 2017 is on Obama, because that was his budget that was in effect. Anything after October 2017 is on Trump.

  • 3 years ago

    The budget deficit is concerning, the trade deficit isn't.

    Increasing budget deficits in a strong economy is a foolish move given the trillions upon trillions of dollars we borrowed trying to bail ourselves out of the mortgage crisis.

    The trade deficit is just a sign of American consumers having more disposable income and buying more stuff.

  • 3 years ago

    Fake news

  • 3 years ago

    Sounds like a bad time to cut the corporate tax rate by 1/3, then.

  • 3 years ago

    Economy is doing well in terms of job creation, unemployment, wage growth. But you're right there are problems. The federal budget will have a $1 trillion deficit this year, up 84% from last year. And the trade deficit will be the highest since 2008.

    Just a few things Trump doesn't openly acknowledge.

    I supported tax cuts for the middle class but there was no need to cut the taxes on the rich so much. That's why we have a huge deficit again!

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