Under Trump, the U.S. debt grew ...

Nov 2012
41,152
11,840
Lebanon, TN
And the official 2018 deficit is $779 BILLION DOLLARS. This at a time when the economy is good, people are employed. Obama's deficit came during the single worst economic down turn since the great depression. WHAT is Trump's and the GOP's excuse for blowing three quarter of a trillion dollars in a high performing economy ???
Yes it was, and if we had not passed tax cuts the deficit would have been a trillion plus. Because the economy in the US rate of growth was heading to <1%...

Thanks to Trump that did not happen

Thus thanks to the Trump tax cuts the US had RECORD revenue collection (that means we collected more tax revenue than ANY OTHER YEAR IN HISTORY OF OUR NATION)

20% OF SOMETHING is > 25% of nothing.
 
Mar 2013
10,158
10,961
Middle Tennessee
Yes it was, and if we had not passed tax cuts the deficit would have been a trillion plus. Because the economy in the US rate of growth was heading to <1%...
Thanks to Trump that did not happen
Thus thanks to the Trump tax cuts the US had RECORD revenue collection (that means we collected more tax revenue than ANY OTHER YEAR IN HISTORY OF OUR NATION)
20% OF SOMETHING is > 25% of nothing.
And the totally pathological TNV is BACK !!! The FACT is revenues have been flat from 2014 until now. Only slight year over year increase. As a percentage of GPD IT'S GOING DOWN !!!

The FACT is there is simply NO EXCUSE for an $887 BILLION DOLLAR DEFICIT when the economy is this good. Another thing you've conveniently left out is the very simple fact we were STILL fully involved in Iraq !!! The great shrub went out an negotiated a troop withdrawal that wouldn't take place until TWO YEARS after he left office.
 
Last edited:
Jul 2014
15,282
9,383
massachusetts
And the totally pathological TNV is BACK !!! The FACT is revenues have been flat from 2014 until now. Only slight year over year increase. As a percentage of GPD IT'S GOING DOWN !!!

The FACT is there is simply NO EXCUSE for an $887 BILLION DOLLAR DEFICIT when the economy is this good. Another thing you've conveniently left out is the very simple fact we were STILL fully involved in Iraq !!! The great shrub went out an negotiated a troop withdrawal that wouldn't take place until TWO YEARS after he left office.
Yes, the tax cuts are working so good, that the deficit for 2019 will only be slightly more than a trillion dollars.....
Amazing to think that before the Bush tax cuts, the treasury projected we would have paid off the entire debt by now....
 
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Mar 2013
10,158
10,961
Middle Tennessee
Yes, the tax cuts are working so good, that the deficit for 2019 will only be slightly more than a trillion dollars.....
Amazing to think that before the Bush tax cuts, the treasury projected we would have paid off the entire debt by now....

YES !!! At the end of the Clinton admin we had actual balanced budget and were just starting to pay down the debt. It wasn't much couple hundred million on a 5 trillion dollar debt. Then came Bush and IRAQ and by the time he left office we had an 11 Trillion dollar debt.