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Halls of Shrewd'm / US Policy
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Author: Banksy 🐝🐝 HONORARY
SHREWD
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Number: of 75964 
Subject: Re: Bankrupting America is NOT OK!
Date: 01/14/26 2:52 PM
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iirc, the national debt was a hair under $1T, when Saint Reagan took office. The accumulation of debt leveled off a bit in the late 90s too.
But, to certain people, job #1 is tax cuts for "JCs", even if the tax cuts exceed anything done to replace that lost revenue. ~Steve


100% Steve! And the "certain people" are republicans...

George Bush (41) took the deficit to -$300 billion per year.

Clinton got it to zero. During his presidency, Clinton actually managed to zero out the deficit and end his term with a +$128 billion per year surplus.

Lil' Bush (43) took Clinton's surplus and turned it into a -$1.4 trillion per year deficit.

Obama then halved it to -$600 billion per year.

Trump, the self-crowned “King of Bankruptcy,” went on to bankrupt the country’s balance sheet—running the deficit up to a record-shattering $2 trillion a year.
Now, oddly enough, the MAGA crowd treats the word deficit like it’s Voldemort: that which must not be named!

"Trump is a fucking moron!" ~Rex Tillerson, Life-long republican
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