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Rei
Lv 5
Rei asked in Politics & GovernmentPolitics · 2 years ago

Trump has the the biggest deficits in 7 years, but the economy isn't growing fast enough to pay back that extra debt. Why is that ok?

11 Answers

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  • 2 years ago
    Favorite Answer

    It is not okay. Republicans are the biggest hypocrites on the face of the planet.

    Trump has no good excuse as to why the deficits are so huge in a supposedly "strong" economy. His unwarranted huge tax cuts for the rich and his bad economic policies have hurt the country.

    If a Democrat were in the White House, the Tea Party types would be yelling and screaming and holding rallies about the deficits and the debts. Now, we are not hearing a peep out of them.

  • 2 years ago

    Congress - the democrat controlled congress - sets the budget and controls the deficit.

    Seven years ago, the deficit was $4 million lower than today - that's about 0.4% - which, given the size of the budget, is pocket change. The three years before that, it was $1.3 to $1.4 trillion.

    After that, Congress passed the sequester, which lowered the budget despite Obama.

    Obama's deficits:

    2009 $1,413

    2010 $1,294

    2011 $1,300

    2012 $1,087

    2013 $679

    2014 $485

    2015 $438

    2016 $585

    https://www.thebalance.com/us-deficit-by-year-3306...

    Trump's deficit this year is due to the trade war with China. Once that is over, the deficit will return to its lower levels, and the tax cuts will pay for themselves in growth.

  • 2 years ago

    It isn't. But, in fact, the spread between deficit and revenues was larger in the prior administration. At least be fair here.

  • Troy
    Lv 6
    2 years ago

    Trump is not a fiscal conservative. He is a populist. He is not as concerned with the debt number as he is with the debt to GDP ratio and our global economic strength. Once we correct the issues with China cheating and develop a fair and reciprocal relationship with our trading partners then our already strong and healthy economy will boom and we can reduce our debt to GDP ratio even further.

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  • 2 years ago

    See, I think even the cons realize deep down that Trump is already en route to adding another 10 trillion to the deficit.

    Do they care? Nah,

    But if Obama did the same thing they'd call foul.

    Debt is already at 22.5 trillion. With how Bush 43 added 5 trillion to the deficit, and Reagan tripled the national deficit from less than a trillion to almost three, now Trump en route to 30 trillion (after 8 years) we can't let this happen.

  • ?
    Lv 7
    2 years ago

    Wow. You must have totally lost it when Obama added 12 trillion to the debt. Your hypocrisy is showing and your attempts at “stirring the pot” is too childish and obvious.

  • Anonymous
    2 years ago

    They didn't make it to be payed back, they want you to be eternal slaves to international banker jew cartels

    Source(s): The "money" itself is debt
  • Anonymous
    2 years ago

    Conservatives abandoned facts a long time ago. Today they live in a fantasy world where Obama is a Kenyan-born, secret-Muslim socialist who hates white people and out-spent all previous presidents combined. Where Hillary runs a child sex ring from the basement of a DC pizza restaurant and murders her political opponents. Where liberals love to kill babies. Where N. Korea is an ally but Europe is our enemy.

    Fortunately it will all be over soon.

  • Anonymous
    2 years ago

    Despite the fact that deficits only matter when Democrats are in charge it's not like America's ever going to come good on that debt. How can anyone muscle the American federal government when they are the muscle? You'd have to be stupid to lend those deep state crooks your money and if you do, you deserve to lose it.

  • 2 years ago

    It's okay because Trump isn't a Democrat. Republicans and Conservatives never care about deficits when a Republican in the President.

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