Deficits….
More money spent then collected….
Trillion…..
One Thousand Billions….
Billion….
One Thousand Millions…
Money….
LOTS of IT…..
Republicans…
Less Government and spending?
In the old days, a decade or so ago, Democrats would have assailed Donald Trump‘s failure on federal deficits; instead of eliminating it, as promised, the deficit has doubled to a trillion dollars as far as the eye can see.
Republicans would be in full fury over the spending schemes of Democratic presidential candidates; even the mainstream moderates propose huge increases for health care, education and the social safety net for the disadvantaged.
Yet deficits, as a political issue, are dead.
The political impact always was exaggerated, but out-of-control deficits were a staple of opposition rhetoric. There invariably was some budget-balancing blue-ribbon group, the most famous being the Simpson-Bowles Commission.
For Democrats, the pressing urgency of unmet needs in health care, education, infrastructure and the social safety net far outweigh any rising debt. They favor tax hikes, mainly on the rich, to reverse the huge 2017 Republican tax cuts, but there’s less premium on the green eyeshade test of paying for all spending initiatives.
Most Republicans strongly want to keep those tax cuts — the only significant achievement of three years of party rule — and have little interest in tackling politically popular entitlements. In the years the Republican Party controlled both houses of Congress and the White House, it focused only on gutting the Affordable Care Act.
This has become the Trump Party, which overshadows the old Republican battle lines between budget balancers and tax cutters. This Republican executive is a tax cutter and budget buster….
image…thebalance.com
As has now been firmly established,Republicans never cared about “deficits” and “fiscal conservatism “and all that other rubbish they spout off.
Simple campaign rhetoric to be used against Democrats.
Not quite true …..
They cared when there was a Democratic President
No they didn’t “care.”
As I stated nothing but campaign rhetoric.
I think they too scare for their jobs…
They don’t care enough for the country
Not THEMSELVES
The above is incomprehensible.
Yea Jack…..
It’s a LOT of damn money …..
If this was Obama or any Democrat the market would be tanking and the GOPer’s would be hysterical….
My worry is if the bottom falls out of the economy and it drops?
Trump would be incapable of dealing with it….
Gonna be real tough to get the genie back in the box …..