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> When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trill
by kerkeslager 6y ago
> When you compare the last three years of Obama’s Presidency vs. Trump’s first three years, Trump’s deficits will be almost $1 trillion greater at $2.47 trillion to $1.51 trillion for Obama. It doesn’t look like Trump’s tax cuts will pay for themselves.
To be clear: this is a fair comparison because it doesn't include the pandemic.
It's worth noting that this isn't unique to Trump. Deficits increased under Reagan and Bush, while deficits decreased under Clinton and Obama[1]. Republican austerity claims are thoroughly debunked bullshit at this point.
[1] https://www.politifact.com/factchecks/2019/jul/29/tweets/republican-presidents-democrats-contribute-deficit/ https://www.politifact.com/factchecks/2019/jul/29/tweets/rep...
- achenatx 6y agoall budgets are passed by congress.. the best is when congress is opposed to the president. It would be interesting to look at that as a metric.