Budget deficit smashes $1 trillion mark

Discussion in 'Politics' started by Tony Stark, Sep 13, 2019.

  1. Wow you might have a learning disability.

    FY2008 - FY2009 under Bush tax receipts dropped $400 billion.
     
    #61     Sep 16, 2019
  2. LacesOut

    LacesOut

    Thanks Dem Congress!
     
    #62     Sep 17, 2019
  3. Tony Stark

    Tony Stark

    The revenue drop was mostly due to The Bush tax cuts.Those were passed under Bushes republican congress.So was Bushs unpaid wars,medicare expansion,doubling military spending etc.
     
    #63     Sep 17, 2019
  4. Buy1Sell2

    Buy1Sell2

    FALSE
     
    #64     Sep 17, 2019
    LacesOut likes this.
  5. RedDuke

    RedDuke

    Very true, he inherited a surplus, had it not been for Iraq war, we probably would not have a debt or very small one. What is so shocking that it is Dems admin that produce surpluses and reduce deficits, GOP does the exact opposite. Such a bunch of losers and hypocrites.
     
    #65     Sep 17, 2019
    Tony Stark likes this.
  6. Tsing Tao

    Tsing Tao

    Obama must have been in the GOP, according to your statement.
     
    #66     Sep 18, 2019
  7. carrer

    carrer

    You mentioned debt. Debt and deficit are different.
     
    #67     Sep 18, 2019
  8. Tony Stark

    Tony Stark

    Obamas debt is mostly due to a 1.2 trillion dollar inherited deficit.
     
    #68     Sep 18, 2019
  9. Tsing Tao

    Tsing Tao

    So funny that, when the bad number is printed on the democrat side, it is because of something from before his administration. But a republican did it on his watch. And pay no attention to who had congress. Presidents control budgets, apparently.
     
    #69     Sep 18, 2019
  10. RedDuke

    RedDuke

    Why? Obama reduced 1 tril deficit to 1/2 tril, Trump got it back to 1 tril
     
    #70     Sep 18, 2019