Sure, Obama wanted a lot of things.
And when a party supports something under “their president”, then opposes it under “the other president”, that’s hypocrisy.
That don’t matter when you have Mitch mc Connell block everything Obama wanted
Half of American refers to that as “saving us from everything Obama wanted.”
“Obama was in my state promoting Community Colleges, to the deaf ears of our guvnor Kim Renolyds. Then two years after she gave lip service to… gasp community colleges!”
Glad you’ve noted how quickly the two parties flip on issues depending on whether “their guy” or “the other guy” is making the proposal.
“recovering from the worst economic Recession in history”
The worst recession was in the 30’s. The second words was in the late 70’s and early 80’s, statistically speaking.
“the Peduescons railed against deficit spending”
See comment on “hypocrisy” above
So tell me, is the deficit spending of the last two years of Obama higher or lower than Drump?”
In order, the worst deficits in our (recent) history (the Great Depression spending was actually worse) are as follows:
- 2009: 1.4T
- 2011: 1.3T
- 2010: 1.3T
- 2018: .78T
2019, 2021, and 2022 will all come in about the same as 2010. The records set in 2009 and 2011 are not being threatened.
As a % of GDP, however, the situation looks much different. In that case:
- 2009: 9.8%
- 2010: 8.6%
- 2011: 8.3%
- 2012: 6.7%
- 2013: 4.0%
The CBO projects deficits from 2019–2029 to be about 5% of GDP. So, yes, that’s high, but not close to those record levels.
You can’t spend your way into total security. Not possible.
Welcome to the Tea Party.
Show me how the republicans are going to level the playing field and I will support reducing the 28% tax.
As I CLEARLY proved in my original post, the US doesn’t get much money from the corporate tax. 28% vs 22% isn’t going to make a significant dent on those numbers. The reason the deficit swelled is *not* the drop in the corporate tax rate.
The reason the deficit swelled is because marginal rates were dropped for the MIDDLE CLASS. If you want to reduce the deficit, you have to raise rates on the part of the bell-shaped curve where most of the taxpayers are. Raising it on the corporations is counterproductive, and raising it on the rich doesn’t dent the deficit.
As you say, “Econ 101”
