In March 2016, then-candidate Donald Trump told The Washington Post he could eliminate the entire U.S. debt in eight years. Now that he’s president, Trump is doing the exact opposite.
Trump’s budget — his own budget — projects debt held by the public will hit $22.8 trillion by 2025, more than 50 percent higher than the year he took office. (Debt held by the public was $14.7 trillion in 2017.)
That’s the rosy forecast. Trump’s budget relies on “gimmicks” to keep the debt rising by “only” that much, experts across the political spectrum say. Trump predicts the economy will grow at a home-run pace with no recessions for the next decade, and he proposes massive cuts to education, health care and other nondefense parts of the budget that will not be enacted.
wow, you mean he didn't find a way to pay for $220 trillion in unfunded liabilities?
Isaac Green
we need some counter intel on Zig Forums against the anti-pedophilia newfags from trumps political campaign assignment. Zig Forums is going back to it's roots.
Its looking likely he will win the trade war with china in the next 4 or 5 years and then the debt would be paid off in record time.
Levi Butler
LOL Trumptard
Angel Perez
No he won't
Colton Gomez
Doesn’t work that way.
Jose Jenkins
didnt every career politin since clinton more than double it?
then a guy with no experience or knowledge on being the president does half the damage. looks like we're going to have to get a guy even further from obama/bush to get it right.
Adam Turner
yea its because the two political parties are a false dichotomy and they bose have the same goal of serving corporate masters
Dominic Murphy
both*
Alexander Carter
Dont make me post that tiannanmen square shit chinky.
not while tarriffs are still on canada and mexico and they refuse to ratify USCAM BEST DEALS
Nathan Lewis
You have no fucking idea how the world works, you retarded boomer.
Chase Howard
China ships metal ingots to mexico and trucks them into the us to circumvent american tariffs against chink goods. Let's not pretend we dont need tariffs across the board.
Chase Thompson
Really? Because when we weren't in a trade war, you realize we were still going into massive debt. In case you don't realize, his tariff war has only WORSENED the economy as more US companies pack up and move out to cheaper countries.
Parker Carter
Thats my point. Perpetually borrowing money as part of the normal running economy like Obongo did is very bad.
It makes imported goods more expensive but actually helps pay off the debt by generating significant tax revenue. Its not as bad to borrow money termporarily for a specific reason. If you have a goal in mind that would allow you to make more money and pay off the debt. Such as a more fair economic playing field with China.
Elijah Richardson
Hey, racist fuck, newsflash, it's not Obama's strategy. It's what the US has done for decades. Trump just made it a lot worse by dropping corporate and taxes on the rich to ridiculously low levels. Do you know that after Trump's tax cut, Amazon has now filed taxes and they owe zero taxes? How about that, Trump's strategy has just made his number one nemesis, Jeff Bezos, even richer!
Another idiot who doesn't realize that the people paying for that are american companies. A tariff doesn't take money from China, it takes it from companies that are already hurting economically, which is what made them have to buy cheap foreign goods. Now it makes their businesses unprofitable, so they either go out of business or move it out of the country. Good job, Trump, make america a big nothing.
Connor Jackson
HAPAS ARE SUPERIOR TO WHITES
Matthew Hall
HAPAS ARE SUPERIOR TO WHITES
James Ramirez
HAPAS ARE SUPERIOR TO WHITES
Anthony Johnson
Your deal leader is on track to run debt up 50%. How the fuck do you think that happens? Borrowing money you fuckin Trumptard.
