Here is another perspective for your pleasure: https://fred.stlouisfed.org/series/GFDEBTN#0 Seems to me, we are likely in better hands with having a successful, balanced, and smart person as President than a Obama, who was supposed to be a good community organizer, but wasted money like crazy as in the mulitbillion dollar ACA website and who left America more divided than when he started. Or a Biden who accomplished, perhaps less than nothing, for his constituents during his fifty year tenure. Or a Trump, who is openly ridiculed in international circles and elsewhere. Or a Ben Carson who has achieved more in his life than maybe dozens of politicians combined. So tell us, do you really believe Joe Biden would make a better President than Ben Carson?
Obama came into office with a 1.2 trillion dollar deficit and left with a 600 billion dollar deficit.I couldn't care less about a website
It's the only conclusion you can have from that chart. It's amazing some of you can't understand the basics of data you yourself have presented. Here's the kicker and it's a big one. Obama was required to spend money to combat a huge financial crisis. When Trump was elected, there was no financial crisis, the economy was humming and standard economic theory is that is when you use fiscal restraint and reduce or eliminate your deficit. In this fashion, you can spend if you have another economic crisis and then boom we have one in 2020. But Trump spent anyways trying to trigger any short term win he could get regardless of the long term cost. Just like how he operated his businesses, many of which went bankrupt.
You aren't getting what Trump and Bush did to your federal budget. No worries the debt is real and eventually personal tax rates will go up ( in one form or another; one could argue that high medical insurance premiums are just a work around to raise taxes ). This is what occurred in Canada decades ago when our federal debt levels were similar to US levels before the virus. The virus just exasperates the problem for everyone, but Canada was in better shape to weather the bump in federal debt.
I would disagree.Obama left office with a 63 % approval rating meaning a lot of republicans approved.Trump on the other hand has divided this country more than any president in history
Sadly it is Biden, because he is not a criminal and will appoint someone other than other criminals as Federal Agency Heads, does not dye himself orange, and will read his daily briefing. It's a low hurdle but Biden gets over it.
It seems like people will see what they want to see. I can break this thing down into individual components to make it easier for you to understand what your eyes should be telling you. Perhaps I should, as Tony has been spewing this stuff for years, but I’m not in the mood to give basic math lessons right now. Increasing government spending during a period of economic crisis can be beneficial if it is not too wasteful. Obama’s spending bill was full of pork that included money going to a German toy manufacturer and preferentally allocated money to certain car dealers based on political alignment. Further, once a budget has been expanded, it should be reduced to precrisis levels such that government spending (Influence) as a percentage of the economy remains low so that competitive pressures will ensure limited resources are efficiently allocated. Debt growth rates went up under Obama versus his overspending and corrupt predecessor, as shown on the charts. Again, what I am most concerned about is the lack of accounability with disbursement of funds. Bush, Obama, and Trump were ever increasing failures at this. This is why we need a smart man of integrity as our President. Biden is “done” upstairs according to some, not that he ever did anything really meaningful when he had all of his faculties in his fifty years as a politician. Our system is in tatters and we are to elect an establishment politician? Insanity. I wish someone could come up with specific reasons why Ben Carson is not decisively more qualified to be the US President than any of the previously mentioned individuals.