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Name:
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MartiniMan
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Subject:
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Nope
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Date:
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11/1/2018 8:54:56 AM
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Goofy, this has already been answered. The increased deficit was a result of higher borrowing costs from prior deficits due to higher interest rates. If it weren't for Trump the deficit would have been even higher. But more to the point, please tell us how much of the total debt is a result of Trump, how much is from Obama and how much is from all the other Presidents before them?
We have a spending problem in the federal govt almost entirely because of entitlement programs that were started by Democrats. Discretionary spending is nothing compared to entitlements. And idiots like you only want to add to it with your stupid Medicare for all nonsense. Riddle me this, how much of the federal spending is from entitlement programs?
So no, we don't like deficits and we would like to see federal programs like Social Security, Medicare and Medicaid reformed before they go completely bankrupt. But the political reality is that any Republican that even dares mentioning this is hammered by Democrats and the govt media complex...but I repeat myself. Doing what is necessary is political suicide because of your beloved party and their masters in the media. Until that stops the deficits are going to continue until we have a Greece like collapse. Being economically illiterate is an ugly thing but repeat posts showing it to the world is even worse.
And don't bother mentioning the tax cuts. Receipts to the treasury were the highest ever last year. That's what happens when govt gets out of the way and allows the economic engine to create jobs. Always has and always will just like tax increases always depress economic activity.
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