The DEMS won't stop this world destruction nonsense.

lustylad's Avatar
In 8 years Obama ran a deficit of $6.785 trillion. According to budget projections, Trump will add $6.2 trillion IN HIS FIRST TERM. In Obama's last 4 years in office, the deficits were $679 billion, $485 billion, $438 billion, and $585 billion. In 2017 under Trump the deficit was $666 billion. $779 in 2018. Estimated to be $1092 TRILLION in 2019 and $1101 TRILLION in 2020. Originally Posted by SpeedRacerXXX
Your math sucks, speedy. You claim Trump will add $6.2 trillion in deficits in his first term. Then you break it down by year. My math says 666 + 779 + 1092 + 1101 = $3.6 trillion.

$3.6 trillion is way less than $6.2 trillion.

Wanna try again?

Oh, and odumbo added $9.317 trillion to our national debt in 8 years, not $6.785 trillion. You understated his debt profligacy by over $2.5 trillion!

Here are the exact numbers:

National debt on 1/20/09 - $10,627 billion
National debt on 1/19/17 - $19,944 billion

Wanna check my math? Here's a website where you can track the national debt by exact date:

https://treasurydirect.gov/NP/debt/current

Enjoy!
Your math sucks, speedy. You claim Trump will add $6.2 trillion in deficits in his first term. Then you break it down by year. My math says 666 + 779 + 1092 + 1101 = $3.6 trillion.

$3.6 trillion is way less than $6.2 trillion.

Wanna try again?

Oh, and odumbo added $9.317 trillion to our national debt in 8 years, not $6.785 trillion. You understated his debt profligacy by over $2.5 trillion!

Here are the exact numbers:

National debt on 1/20/09 - $10,627 billion
National debt on 1/19/17 - $19,944 billion

Wanna check my math? Here's a website where you can track the national debt by exact date:

https://treasurydirect.gov/NP/debt/current

Enjoy! Originally Posted by lustylad
Nice web site.
SpeedRacerXXX's Avatar
Your math sucks, speedy. You claim Trump will add $6.2 trillion in deficits in his first term. Then you break it down by year. My math says 666 + 779 + 1092 + 1101 = $3.6 trillion.

$3.6 trillion is way less than $6.2 trillion.

Wanna try again?

Oh, and odumbo added $9.317 trillion to our national debt in 8 years, not $6.785 trillion. You understated his debt profligacy by over $2.5 trillion!

Here are the exact numbers:

National debt on 1/20/09 - $10,627 billion
National debt on 1/19/17 - $19,944 billion

Wanna check my math? Here's a website where you can track the national debt by exact date:

https://treasurydirect.gov/NP/debt/current

Enjoy! Originally Posted by lustylad
I can't find the sources for the numbers in my previous post so I will say some of the numbers were incorrect. So, as you suggested, I'll try again.

Yes, Obama ran up a $9.317 trillion deficit while in office for 8 years. Restoring our economy from the worst recession since the great depression.

"Based on the CBO's projections, Trump will have accumulated $3.73 trillion in new debt by the end of the 2020 fiscal year, which, because of federal budget rules, actually runs until the end of September 2020. And by the end of fiscal 2024, the last year of Trump's second term if he wins reelection, the total debt added is projected to come in at $8.78 trillion."

However, here is a 2nd source of Trump's projected deficits:

U.S. Debt Increase by Fiscal Year Since 1960

The U.S. Treasury Department has historical tables that report the annual U.S. debt for each fiscal year since 1790. This data has been compiled for each president as detailed below.

Donald Trump: As projected in Table S-10 in the FY 2020 budget, Trump plans to add $5.088 trillion to the debt in his first term. That's a 30 percent increase from the $20.245 trillion debt at the end of Obama's last budget for FY 2017. If he remains in office for a second term, he plans to add $9.1 trillion. Trump had promised to eliminate the debt during his campaign.

FY 2021 - $1.276 trillion.
FY 2020 - $1.281 trillion.
FY 2019 - $1.314 trillion.
FY 2018 - $1.217 trillion.

Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.

FY 2017 - $672 billion.
FY 2016 - $1.423 trillion.
FY 2015 - $327 billion.
FY 2014 - $1.086 trillion.
FY 2013 - $672 billion.
FY 2012 - $1.276 trillion.
FY 2011 - $1.229 trillion.
FY 2010 - $1.652 trillion.
FY 2009 - $253 billion. Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009.


So Trump's increase in the deficit, during healthy economic times in our country, will be slightly less than what Obama rang up while restoring our economy from the pits.

I guess it depends which side of the fence one is on as to which POTUS had the greater negative impact on the deficit. Trump campaigned on eliminating the deficit. This is one campaign promise, among many, where he has failed to live up to his promise.
LexusLover's Avatar

Yes, Obama ran up a $9.317 trillion deficit while in office for 8 years. Restoring our economy from the worst recession since the great depression. Originally Posted by SpeedRacerXXX
Bush II began that process before he left office and handed off about 1/2 of the effort to Obaminable in 2009.



It's too bad Obaminable didn't have as much class as BushII ...

... not to mention as much concern for the welfare of the U.S. citizens.

BTW: Clinton/Gore handed BushII a mess when they left office, which BushII had to straighten out.
I can't find the sources for the numbers in my previous post so I will say some of the numbers were incorrect. So, as you suggested, I'll try again.

Yes, Obama ran up a $9.317 trillion deficit while in office for 8 years. Restoring our economy from the worst recession since the great depression.

"Based on the CBO's projections, Trump will have accumulated $3.73 trillion in new debt by the end of the 2020 fiscal year, which, because of federal budget rules, actually runs until the end of September 2020. And by the end of fiscal 2024, the last year of Trump's second term if he wins reelection, the total debt added is projected to come in at $8.78 trillion."

However, here is a 2nd source of Trump's projected deficits:

U.S. Debt Increase by Fiscal Year Since 1960

The U.S. Treasury Department has historical tables that report the annual U.S. debt for each fiscal year since 1790. This data has been compiled for each president as detailed below.

Donald Trump: As projected in Table S-10 in the FY 2020 budget, Trump plans to add $5.088 trillion to the debt in his first term. That's a 30 percent increase from the $20.245 trillion debt at the end of Obama's last budget for FY 2017. If he remains in office for a second term, he plans to add $9.1 trillion. Trump had promised to eliminate the debt during his campaign.

FY 2021 - $1.276 trillion.
FY 2020 - $1.281 trillion.
FY 2019 - $1.314 trillion.
FY 2018 - $1.217 trillion.

Barack Obama: Added $8.588 trillion, a 74 percent increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.

FY 2017 - $672 billion.
FY 2016 - $1.423 trillion.
FY 2015 - $327 billion.
FY 2014 - $1.086 trillion.
FY 2013 - $672 billion.
FY 2012 - $1.276 trillion.
FY 2011 - $1.229 trillion.
FY 2010 - $1.652 trillion.
FY 2009 - $253 billion. Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009.


So Trump's increase in the deficit, during healthy economic times in our country, will be slightly less than what Obama rang up while restoring our economy from the pits.

I guess it depends which side of the fence one is on as to which POTUS had the greater negative impact on the deficit. Trump campaigned on eliminating the deficit. This is one campaign promise, among many, where he has failed to live up to his promise. Originally Posted by SpeedRacerXXX
WOW. talk about projection!!! Taking estimates that are almost always wrong to determine how roughly 5+ years from now Trump would equate to the miserable results that Obama "ACTUALLY" posted.

It takes some serious balls to project 2024 in order to denigrate Trump and his economy.

But it's nice to see Speedy projecting a second term for Trump to get to those "magical" numbers.
Speed I see you didn't address the Trump economy vs. Obummer economy...I understand if you can't.
You've said many times I don't know your politics...and you do nothing but praise Obummer and trash Bush and Trump...you're right your political leanings are had to figure out...
The only thing the presidential candidates on the left will campaign on...anyone but Trump...your TDS on parade!!
One good think for you speed is your field of choice seems to get larger EVERY day.
Hotrod511's Avatar
Speed I see you didn't address the Trump economy vs. Obummer economy...I understand if you can't.
You've said many times I don't know your politics...and you do nothing but praise Obummer and trash Bush and Trump...you're right your political leanings are had to figure out...
The only thing the presidential candidates on the left will campaign on...anyone but Trump...your TDS on parade!!
One good think for you speed is your field of choice seems to get larger EVERY day. Originally Posted by bb1961
You wouldn't know it but speedy has claimed he has voted Republican more than he has voted Dim-retards
maybe so.. but Trump outspends any Democrat in history.. he's just using more fiat currency to spend, rather than taxpayer funds. Originally Posted by Chung Tran
On what? You really don't hear that much about ISIS anymore mainly because Trump isn't funding them like Obama did. In fact the reason Obama cut Military spending was to help fund ISIS.