Republicans = 'deficit hawks'?

Post Reply
User avatar
Vrede too
Superstar Cultmaster
Posts: 20099
Joined: Fri Apr 03, 2015 11:46 am
Location: Hendersonvile, NC

Republicans = 'deficit hawks'?

Unread post by Vrede too » Sun Oct 13, 2019 7:01 am

Deficit increases are longstanding Republican policy regardless of the health of the economy.

In reality:
Reagan/Bush - large deficit increase.
Clinton - deficits into surpluses.
Bush 2 - surpluses into deficits, only reduced the deficit 3 years out of 8.
Obama - reduced the deficit 5 years out of 8, kept it essentially stable one other year.
Trump and the GOP - now increasing the deficit yuuugely.
The pattern is clear.

Only complete morons started the Obama debt clock on 1/20/09. POTUS policy takes at least 6 months to a year to begin to have any effect.

2017: Still Obama’s strong economy while he reduced the deficit 5 years out of 8 and kept it essentially stable one other year.
Since 2017: Illusion of economic strength financed by Trump and the GOP’s massive deficit increase. Anyone can do that.

Trump is falling short on taming the deficit—here's why 'it could get ugly'

Despite his promises, Trump pushes deficit past $1 trillion mark

Image
Speaking of Rudy, WTF?

User avatar
Vrede too
Superstar Cultmaster
Posts: 20099
Joined: Fri Apr 03, 2015 11:46 am
Location: Hendersonvile, NC

Re: Republicans = 'deficit hawks'?

Unread post by Vrede too » Sun Oct 13, 2019 12:00 pm

Well put:
This is just the natural feeding cycle of the GOP: give tax cuts to the rich and increase defense spending in order to run up a massive deficit, then use that as an excuse to cut social programs, and finally blame it on the Democrats who busily rebuild the economy, then take credit for that rebuilt economy and repeat the cycle. They've been doing that since Reagan. Supply-side economics didn't work then, didn't work under George HW Bush, or George W Bush, and it isn't working now.
Speaking of Rudy, WTF?

Post Reply