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Budget deficit and trade deficit are both way up from previous years, thoughts?
9 Answers
- BobLv 73 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.
- Anonymous3 years ago
Can't be! Trump is bringing our jobs back! He just made me a million in health care stocks!
- Anonymous3 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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- Uncle PennybagsLv 73 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.
- MichaelLv 73 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
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!