Anonymous
Anonymous asked in Politics & GovernmentPolitics · 4 weeks ago

RECORD federal deficits under Trump. Is this good for the future of America?

4 Answers

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  • 4 weeks ago

    Nope not good.

    Maybe Pelosi will get a handle on it since she controls spending.

  • All tax revenue comes from profits. Every bit of it. It's not good for the future of America to increase the debt. But, I can't think of one time the democrats voted to decrease spending (except the military) If democrats really wanted to decrease the debt they had better figure out a way to increase business profits.

    Democrats think they can solve the problem through increased taxation. However, When governments think they can tax themselves into prosperity; it's like man standing in a bucket believing he can lift himself up by the handle. Increasing taxes always slows the economy.

  • Anonymous
    4 weeks ago

    His $1 trillion deficit was only met by Obama in 2012.  Trump and his supporters are delusional, claiming he's making our economy great or something.

  • Anonymous
    4 weeks ago

    It didn't matter when Obama was president, why should it matter now?

    • Logan
      Lv 5
      4 weeks agoReport

      Deficits fell under Obama.  The 2009 deficit which included Bush's last month was 1.4 trillion. Deficits fell over the next 8 years hitting  a low of  438 billion, and finished at 665 billion in 2017.

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