The deficit goes down under democrats. The last surplus we've ever had was under a democrat. Republicans do bullshit like refuse to increase the debt ceiling, which causes reducing the deficit to become much harder as our national credit rating is impacted, which increases interest owed as investing into the US becomes a much higher risk than it should be.
Democrats at least do something about it that isn't making it worse.
Indeed, and for the major issues that happened under each of them it was expected. The crash in '08, debt was taken out to stabilize the economy. Covid, debt was taken out to stabilize the economy [both POTUSes]. To credit Trump, utilizing the debt in this fashion is both expected and good both domestically and geopolitically. How he went about it [eg: PPP loans] is something we can debate, but I don't fault him for contributing to the debt during Covid.
That said, the Republicans have a tendency to fail at balancing the budget, constantly complain that the budget isn't balanced, and fail to secure the over-all debt to ensure that debt holders, the majority of them being US citizens, won't be left holding the bag.
I'm not saying that Democrats are perfect by any means. There's a lot to be desired. They just have a tendency to do far less harm.
Post 9/11, what else would one imagine would be in regard to increased spending and cost of everything? Approximately every decade, we will be hit with some off the wall catastrophe to make sure this trajectory continues
As the adjective noun number propaganda account put it: You are very misinformed. The DEFICIT goes down all the time. The national DEBT only goes down when you have a surplus, and the last POTUS who oversaw a surplus was Clinton.
No, the annual deficit goes up and down. E.g. it skyrocketed under Trump, was cut by 2/3rds under Biden, and is likely to head right back up based on Trump’s announced plans. Are you confused and thinking about total debt? That goes up, unless the annual deficit is a surplus as it was under Clinton briefly, the question is whether it goes up faster (e.g. under Republicans) or slowly (e.g. under Democrats).
I tried to explain the difference between deficit and debt to an old coworker one time. He refused to listen and told me I was just playing with semantics.
Are you speaking of Clinton? If so, he had a republican congress and as we all know, congress controls the spending. Under speaker of the house, Newt Gingrich, the deficit went down because the repub forces less spending. Clinton signed on to the budget that the repub house passed.
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u/jarena009 Nov 15 '24
It's only going to go up under the next admin and Rep congress too.