Things are not looking great for the US these days.

IBDaMann said:
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Tbird19482 said:
So the millionaires and Billionaires Trump gave big tax cuts to are investing in it and making even more money, what does this have to do with a middle class American?
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The Bourgeoisie that your party wages war against, the Middle Class, relies on 401K's and IRA's that they see growing under the booming Trump economy. Growth without the 10% Bidenflation that crippled us during Obama's disastrous third term. The Middle Class is enjoying respite from the never ending war democrats wage on them. At least on the federal level, the assaults have stopped. California and New York continue their fight to eradicate the middle and continue to see rapidly increasing income disparity as the democrat Oligarchs rule without constraint. But in Texas and Florida, the Middle Class is expanding for the first time since the 1980's.
 
FastLane said:
PANDEMIC spending that was approved of by DEMOCRATS.
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Pandemic did not help but WAS NOT the reason Trump was running at record deficit numbers.

Prior to the COVID-19 pandemic, Trumps 2016 term deficit was set to reach historically high levels for a period of economic growth and was on a record-breaking trajectory before the crisis began. link

Specifically:
  • Highest Peacetime Deficit: Before COVID-19 hit, President Trump oversaw what was described as the largest peacetime budget deficit in American history relative to the economy. link
  • Rising During a Boom: Typically, deficits shrink when the economy is strong. However, the deficit grew from $665 billion (3.5% of GDP) in 2017 to $984 billion (4.6% of GDP) in 2019, despite low unemployment and steady growth.
  • Record Monthly/Short-Term Highs: In early 2019, the U.S. recorded its largest-ever monthly deficit for February, and the overall deficit for the first five months of that fiscal year hit an all-time high for that specific period.
  • Historical Comparison: By 2019, the deficit-to-GDP ratio was significantly higher than the 40-year average of 3.2%. Excluding the peak years of the Great Recession (2009–2012) and the COVID-19 pandemic, the 2019 deficit was among the highest ever recorded in dollar terms.
  • Policy Drivers: This pre-pandemic accumulation was largely driven by the 2017 Tax Cuts and Jobs Act, which reduced federal revenue, and bipartisan budget deals in 2018 and 2019 that significantly increased discretionary spending.
    Committee for a Responsible Federal Budget +6
 
FastLane said:
I'll repeat Trump is REDUCING the deficit through tariffs. No one says he has eliminated the deficit you moron. If Biden or the drunk Kamala were in office the deficit would be even worse.
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Have you noticed the national debt curve lately, you fucking idiot?
 
domer76 said:
No, dumbfuck. It means that people are doing it to supplement income. They can donate for free at Red Cross.
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Okay, so? That doesn't mean they absolutely need the money. I do electrical side work because I like staying busy and getting the exercise. I really don't need the money it generates, but it certainly doesn't hurt.
 
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