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Crisis Level Deficits -Now US Default Mode

Discussion in 'Too Hot for Swamp Gas' started by PITBOSS, Jul 4, 2025 at 11:40 AM.

  1. Endless Excuses

    Endless Excuses GC Hall of Fame

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    Wait?...so COVID was real not some big hoax? Oh lord Im so confused....what next are you going to suggest Trump made a vaccine for an imaginary disease?...
     
    • Come On Man Come On Man x 1
  2. PITBOSS

    PITBOSS GC Hall of Fame

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    In 2019 “Trump’s economy” depended on almost a $1T/yr deficit. That is not healthy. And note the deficit was increasing YOY during his first term. unlike Obama, when it was decreasing yoy.

    and how about now, we’re expected to run a $1.9T/ deficit during a non pandemic, non 2008-esque recession, non war era. And trump still pushed his BBB into law that not only supports our insane level of borrowing, but he will increase our annual deficit.
     
    Last edited: Jul 6, 2025 at 1:27 PM