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> Obama and Biden ran gigantic budget deficits If you actually look at the deficit year by year, Obama and Biden each entered office with a huge economic crisi
by Capricorn2481 1y ago
> Obama and Biden ran gigantic budget deficits
If you actually look at the deficit year by year, Obama and Biden each entered office with a huge economic crisis that ballooned the deficit, and then lowered it year by year. I mean, it was highest under Trump.
And if you look at Bush and Trump, they started with a lower deficit and raised it year by year.
If your marker is a "budget surplus", nobody does that. The only people that get close are Democrats because they literally reduce spending. And then a Republican takes office, bangs on about the deficit so they can slash social programs, but spends even more than they slashed on military. This is not hidden information.
I don't care that much about the deficit, it's not the cause of our most immediate problems. It's just something both parties bring up when convenient.
- SoftTalker 1y agoYou don't care that ~15% of federal spending is interest on the debt?
- grigri907 1y agoI don't. One of the largest holders of US debt is US citizens' investment and retirement accounts. It's a win-win situation
- mrguyorama 1y agoRepublicans objectively don't
- ModernMech 1y agoYou're referencing a chart like this: https://www.aljazeera.com/wp-content/uploads/2025/05/INTERACTIVE-US-federal-deficit-over-time-EDIT-MAY5-2025-1747665363.png?w=770&resize=770%2C962&quality=80 https://www.aljazeera.com/wp-content/uploads/2025/05/INTERAC... Notably when the background is red, the line goes down, and when the background is blue, the line goes up. https://www.aljazeera.com/news/2025/5/20/the-us-has-36-trillion-in-debt-what-does-that-mean-and-who-owns-it https://www.aljazeera.com/news/2025/5/20/the-us-has-36-trill...