party of trump massively increasing the budget deficit

[Walt]

I am surprised that more has not been made about this. trump, the House, and now the Senate have a plan they say will add $5.8 trillion onto the deficit. That is more than trump's first term give away, the Covid emergency spending, and Biden's stimulus COMBINED. This is a massive increase in the deficit... But it gets worse.

trump's numbers do not add up. Best guess is that the deficit is twice as high. That means we are going far into the red, right at a time we are having a nightmare trying to sell our Treasurys.

trump has always been a huge deficiter. trump in his first term ran up the deficit by more than Biden... EVEN IF YOU EXCLUDE COVID SPENDING FROM TRUMP BUT NOT FROM BIDEN!!!

How Trump might topple the dollar

For the first time in many decades, the greenback looks vulnerable

www.economist.com

https://www.axios.com/2024/06/24/trump-biden-debt-deficits-election

Donald Trump’s Washington reaches a new partisan peak

His address to Congress showed that Republicans will follow their leader anywhere, and that Democrats don’t have one

www.economist.com

 

[Tbird19482]

I am surprised that more has not been made about this. trump, the House, and now the Senate have a plan they say will add $5.8 trillion onto the deficit. That is more than trump's first term give away, the Covid emergency spending, and Biden's stimulus COMBINED. This is a massive increase in the deficit... But it gets worse.

trump's numbers do not add up. Best guess is that the deficit is twice as high. That means we are going far into the red, right at a time we are having a nightmare trying to sell our Treasurys.

trump has always been a huge deficiter. trump in his first term ran up the deficit by more than Biden... EVEN IF YOU EXCLUDE COVID SPENDING FROM TRUMP BUT NOT FROM BIDEN!!!

How Trump might topple the dollar

For the first time in many decades, the greenback looks vulnerable

www.economist.com

https://www.axios.com/2024/06/24/trump-biden-debt-deficits-election

Donald Trump’s Washington reaches a new partisan peak

His address to Congress showed that Republicans will follow their leader anywhere, and that Democrats don’t have one

www.economist.com

Trump in his first term added in 4 years almost as much as Obama did in 8 years and you didn't hear a thing out of the MAGA about that yet they cried and cried about what Obama added to it.
And I expect it will be even higher this time.

 

[Jarod]

Trump in his first term added in 4 years almost as much as Obama did in 8 years and you didn't hear a thing out of the MAGA about that yet they cried and cried about what Obama added to it.
And I expect it will be even higher this time.

He typically achieves the opposite of what he claims he is fighting.

 

[Tbird19482]

He typically achieves the opposite of what he claims he is fighting.

OH you can bet this term is going to be a real shit show we have already seen it starting.
As I said I think he will run the debt up even MORE then he did the last time.

 

[Jarod]

OH you can bet this term is going to be a real shit show we have already seen it starting.
As I said I think he will run the debt up even MORE then he did the last time.

We will see if he moderates to try to save his last two years from a Deep blue Congress.

 

[Tobytone]

I am surprised that more has not been made about this. trump, the House, and now the Senate have a plan they say will add $5.8 trillion onto the deficit. That is more than trump's first term give away, the Covid emergency spending, and Biden's stimulus COMBINED. This is a massive increase in the deficit... But it gets worse.

trump's numbers do not add up. Best guess is that the deficit is twice as high. That means we are going far into the red, right at a time we are having a nightmare trying to sell our Treasurys.

trump has always been a huge deficiter. trump in his first term ran up the deficit by more than Biden... EVEN IF YOU EXCLUDE COVID SPENDING FROM TRUMP BUT NOT FROM BIDEN!!!

How Trump might topple the dollar

For the first time in many decades, the greenback looks vulnerable

www.economist.com

https://www.axios.com/2024/06/24/trump-biden-debt-deficits-election

Donald Trump’s Washington reaches a new partisan peak

His address to Congress showed that Republicans will follow their leader anywhere, and that Democrats don’t have one

www.economist.com

Without even glancing at a single syllable I'm betting this is another Democrat screed so drenched in economic illiteracy it could be a Kamala Harris word salad. Trump's out here keeping promises like he does, pumping iron into the military, locking down Social Security, Medicare, and Medicaid, and hacking taxes so deep the blue-haired pronoun-pinning libtards are gonna wail like it's the end of their Etsy empire.

Yeah, the price tags got a few zeros, but only the clueless or straight-up deceitful think tax cuts "cost" the Treasury for more than a hot minute. Here's where the Birkenstock-wearing Marxist fanboys get their hemp undies in a knot, lower taxes are like a triple espresso shot to the free market's veins. More hustle, more cash, more revenue, even at lower tax rates. This isn't theory, it's history. Kennedy, Reagan, Bush, Trump 1.0? Just the latest receipts in a long line of tax cuts making revenue go boom. Every. Damn. Time.

If Trump pulls off our tax-cuts, keeps rounding up the bad guys (one deported gangbanger saves, what, 25 victims?), torches Biden's eco-regulations, and cleans up even one of the dumpster fires Tridin' Biden left behind, this country's gonna be popping like a MAGA rally on steroids. Midterms? We'll be painting the map red. That's why the Dems are fighting every single criminal deportation, every tax cut, every regulation gutted, and every DOGE-inspired efficiency hack like their lives depend on it. As usual, they have to kneecap middle America, it's their only shot at keeping their coastal elite grift alive. Sad, pathetic, and oh-so-true.