Fiscal Conservatives Set To Add Trillions To National Debt

dilbert firestorm's Avatar
https://www.thebalance.com/us-debt-b...ercent-3306296

this chart shows Obama at end of 1st term. so, its likely his numbers are higher for 2nd term.
I am wondering where you think these fiscal conservatives are? They sure do not exist in our government except for the very rare one or two. Originally Posted by The2Dogs
They may be fiscally conservative TILL they get voted into office in congress. Then they just seem to take the same bribes the rest do from special interest lobbiests..
NiceGuy53's Avatar
How many times do you have to be reminded. Obama also took over during the deepest recession in those 70 years. Brought unemployment down from 10% to 4.6%. There were 75 consecutive months of job growth under Obama. 2 million jobs created in 2016 alone. Wage growth went up under Obama. The DJIA tripled. Under Obama, the GDP had 8 quarters where it exceeded 3%. Trump was lucky enough to inherit an economy that was resurrected under Obama and has done a fine job of continuing the upward surge. BTW. Trump currently has 2 consecutive quarters of 3+ GDP., not 3

Regarding the debt.

"The increase in debt in the early years of the Obama administration was largely a response to the imploding economy -- just as the big bulge at the end of the George W. Bush administration (2008) was."

Again, most of the debt under Obama came from having to recover from the recession.

Trump ran the debt up by $7.4 trillion. Bush ran it up by almost $5 trillion. When you look at the share of the US debt in percent, that debt accumulated by Bush is much worse than that accumulated by Obama.


Originally Posted by SpeedRacerXXX

Who was the idiot libtard who gave a like to Speedy's factually incorrect post of Trump running up the debt by 7.4 trillion and the national debt only being 14.3 trillion dollars, which would have been in Obama's first term around 2011? Inquiring minds would like to know. And is Speedy going to correct or retract this post after being called out by LL?
dilbert firestorm's Avatar
Who was the idiot libtard who gave a like to Speedy's factually incorrect post of Trump running up the debt by 7.4 trillion and the national debt only being 14.3 trillion dollars, which would have been in Obama's first term around 2011? Inquiring minds would like to know. And is Speedy going to correct or retract this post after being called out by LL? Originally Posted by NiceGuy53
I believe it was a moderator who's monitoring this forum who did that. guess its there way of showing it was read.

every post here gets 1 like. if it didn't get a like today, it'll get one the next day.
I believe it was a moderator who's monitoring this forum who did that. guess its there way of showing it was read.

every post here gets 1 like. if it didn't get a like today, it'll get one the next day. Originally Posted by dilbert firestorm
You can give yourself a "like" on every post you make, with in 5 minutes. It's the iccie way...
So StupidShit is concerned that "so called fiscal conservatives will be adding trillions to the national debt" but obviously he's ignoring these charts ..... so my question to him is this, just how many fiscal conservatives will it take to raise the national debt as much as Odumbo managed to do all by himself? .....