US Federal Deficit by President
What they inherited and what they did with it
Source: St. Louis Fed
What they inherited and what they did with it
Source: St. Louis Fed
Comments
I mean aside from the "I don't wanna" crowd
Rise up people! We will save America!
Clinton’s government surplus caused a private sector deficit (increase in household debt)
The real question is: What should our government pay for when it creates our currency that we use to shop, pay our banks back, pay tax & net save a 💵
Small d democrats need to understand this if we want to save our democracy
I'd bet if you asked people which party has been better at lowering the deficit the vast majority would still say the "fiscally conservative" Republicans.
Red=BAD
BULE=GOOD
They wouldn’t need the Limbaughs, Carlsons, Joneses, or Fox Newses of the world of they had an economic track record to run on.
#Deficit #DOGE #Trump
If the GOP were serious in cutting the deficit, they'd enact this legislation.
https://newrepublic.com/article/159932/budget-deficit-biden-agenda-mcconnell
The party driving up the debt is the Republican Party. The one restoring order is the Democratic Party.
We need to stand against the gluttonous rich regardless of political party
Another one is categories of taxpayers and income growth before and after Reagan. Again, let the implications sink in without commentary. See wealth transfer from lower to higher tax brackets.
The explanation would need to be very basic.