evillawyer
Kung Fu Kamala, B*tches!
- Joined
- Jan 16, 2010
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Bush doubled the deficit. Obama's higher dollar figure is proportionally smaller to the deficit and was spent as stimulus to get out of a recession. Bush spent without a valid purpose and left nothing to show for it. Further, he mired us in two wars that Obama could not stop on a dime without catastrophic consequences, further obligating Obama to continue debt that never needed to be spent in the first place.
Debt is not simple arithmetic.. $70k on credit cards is far worse than $100k on student loans.
So in Jax. I've seen alot of Trump in EV lines, lines at tents selling Trump stuff, some on the side of the road and not even at an EV precinct. Biden stuff is few.It is worrisome for trump, but I would bet democrats are more likely to early vote. I went back to see if that same website completed the same report for 2016, but couldn’t find anything for comparison.
Neither is good here. Bush Jr, Obama, Reagan, and Trump have all been horrible deficit spenders. However, choosing the worst of the worst is not a simple arithmetic calculation.Obama spent between 8-9 billion on his stimulus package. Take out the stimulus and he still spent more than Bush, but if we want to play whataboutism take out 9-11 and Bush would have spent far less than Obama.
The bolded is why this country is in such bad debt. This is a really bad comparison because being 70k in credit card and 100k in student loans are both stupid and bad money management. Being 170k in credit card and student loan debt is far worse than having a 170k mortgage on a home.