He's right you know.
He's right you know
Aiden Long
James Hernandez
So both cause deficits? The clinton one is particularly deceitful since he didnt do anything to cause it.
Nathaniel Roberts
>Trump is not responsible for the good economic situation, Obama is
>Trump is responsible for the deficit, Obama is not
Why do politics turn people into retards?
Easton Ward
He is right which is why I'm not a conservashit
Angel Williams
>obama starts QE that allowed american economy to slightly rebound from 2008
TRUMP DID THE ECONOMY
>trump passes a gigantic tax cut with no spending cuts and the deficit explodes
YEAH BUT THATS OBAMA'S FAULT
okay dude whatever
Oliver Taylor
Quantatative easing is a fed thing.
Also lol this guy is an incel
>24k follows
Cameron Murphy
>>Clinton got the deficit to zero
This is an improper summation of the Clinton Budget gymnastics. What he did was drawdown NATO commitments at a rate nearly triple the projections of the Bush Administration. Then, this left a huge salient in the budget. That salient came from 80's era Social Security budget raids, which were then subsidized into Defense Budgets, and consolidated at an unprecedented rate of deficit.
There is no such thing as a balanced budget. The taxpaying citizen is victimized by the irrational assertion that "one COULD exist...if...."
The Clinton era budget surplus is a deceitful way of describing the Cold War's ending.
Zachary Wood
The sad truth is the only combo that attempts to balance the stupid fucking budget is Democrat in the WH and Republicans in control of congress.
A democrat congress will never enact anything to cut spending whereas a republican one will only cut spending when they can use the deficit to bash a democrat president over the head with it.
Lucas Garcia
75% of the debt is owned by Americans. It's like owing yourself money. Do you understand the debt, OP, and what globally significant purpose it has?
Levi Barnes
this current economy is Obama's stimulus bill + QE. if i remember correctly obama met with the fed board a lot and created a recovery plan with them
Aiden Gutierrez
Go play red vs blue with someone else, retard.
Joseph Lee
nobody actually cares about the debt
republicans only pretend to care when its useful for votes and democrats are such fucking losers and try so hard to make people like them that they actually take the bait
Benjamin Thompson
Clinton created sub-prime lending faggot so he added hundreds of billions once the foreclosure axe was swung
Gabriel Walker
I call BS
Kayden Murphy
Blue good red bad
Christian Anderson
Who controlled congress during those respective eras?
Jack Diaz
>Obama halved it.
Colton Sanders
Also, isnt he looking at the fucking final years of presidency?
The stimulus was a fucking pork bill.
Jayden Mitchell
Is he flicking between debt and deficit there?
Oliver Gomez
Yes
Ayden Parker
In this case, he actually is. Trump's budgets have been a disgrace.
Christian Hall
>Clinton got it to zero
>Obama halved it
Logan Morgan
Nigga just did a triple axle backflip and landed on his tippy toes; mentally, that is.
Chase Stewart
I hate when pseudo intellects don't specify what deficit. He's talking about the budget deficit. Funny how he leaves out National Debt. Wouldn't want to make Onegro look bad.
Jason Fisher
So you tell me that obamacare didn't put the deficit to a few trillions?
Luis Phillips
Nigger math at its finest
Luis Torres
Where is this? I want to bust his face open with statistics that prove him wrong.
Nicholas Rogers
> i dont know the difference between deficit and debt
Justin Gutierrez
>thinks QE is something the POTUS can do
Look at this nigger and laugh! hahaha fucking retard! Do you also believe in Santa Claus? hahaha Dumbass!
QE is done by the Fed Reserve. It has little to do with the state of the economy and more to do with the rate at which people borrow money. So there being QE under Obama, it indicates that less people were borrowing money and perhaps due to a bad economy.
Now in reality, QE can come and go without regard to what the economy is actually doing. They could hike interest rates in a bad economy to squeeze more money out of people, or drop rates in a good economy to get more people to take out loans and cause prices to spike.
Elijah Rogers
It's almost like a repeating cycle? What could cause this?
Joshua Kelly
jews
Xavier Clark
>president are responsible for spending bills
William Myers
>Obama halved it
Citation needed
Austin Thompson
>there is no deficit but the debt still grows
Jaxon Russell
Civic nationalism?
Jace Taylor
He isn't wrong
Owen Perry
Presidents don’t control spending. Congress does.
David Stewart
Republicans are proud idiots. Is this supposed to be news?
Tyler Smith
>giving a shit about the deficit when all those new socialist spic voters are going to balloon it in 10 years anyways
Dealing with immigration is top priority
Eli Turner
lol even the Europeans are starting to shit on Obama, get fucked you retarded obamalovers
Isaiah Morris
Lmao I love how lol people think Obama's economy just kicked in the moment he left.
Dominic Smith
no it's not, 100% of america and americans are owned by the federal reserve investors which are a few families, and mainly china, japan, uk, ireland, brazil with the rest being shared by a slew of other nations.
This happened after the Emergency Banking Act was signed by Roosevelt in 1933 when the government was bankrupted by the federal reserve investors
Julian Garcia
Clinton ran a deficit for 5 out of 8 years.
The debt was bigger when he left.
The deficit Obama halved was a one year thing because of the bailout. His average was just under a Trillion. 600 Billion was the deficit for Bush on the non bailout years.
He raised taxes on everyone that paid taxes.
Evan Cox
>He raised taxes on everyone that paid taxes.
Also a ton of dot com money. That was 90% of it
Anthony Anderson
cept none of those statements in the picture are accurate.
sage all fields on these shit therads
Thomas Peterson
Congress controls the purse