Reply to Why is the media not talking about the massive U.S. government debt?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]You cannot be serious OP. There have been several posts on here about the House GOP’s plans to make this situation significantly worse with further tax cuts and spending cuts that are aimed to curb economic growth.

Consistently, conservatives have avoided those threads and they quickly dropped off the first page.

Democrats do care about the debt. They want to let tax cuts a loopholes that benefit the rich and corporations expire to raise revenue. Those, combined with targeted cuts that are not aimed to hurt our poorest citizens will help the situation.

But increasing unemployment, tariffs, extending and increasing tax cuts, cutting funds that promote growth and leave our poorest citizens at risk isn’t going to do that.

By the way, neither is mass deportations, as seen by Florida’s recent moves to roll back child labor laws. [/quote]

Democrats espouse Modern Monetary Theory that says higher spending and debt doesn't matter, as you just print more money.[/quote]
Bingo.[/quote]

Democrats consistently reduce or eliminate deficits only to have Republicans create huge new deficits so they basically stopped trying[/quote]
This 'deficit reduction' comes from spending a massive amount of money in the first year, and then taking credit for not having a smaller deficit than this massive amount in later years.
The Republicans just increase it as they go along.[/quote]

Democrats have spent. Ore money the first year because they inherit dumpster fire economies from their GOP predecessors.

GHW Bush left a recession. 
Clinton fixed it and left no deficit spending. 
W Bush left the economic collapse. 
Obama fixed and and left a stable and growing economy. 
Trump left the Covid collapse. 
Biden fixed it and left an economy that was the envy of the world. 
In 100 days, Trump has destroyed the US economy and managed to get the world to boycott our products and generally hate us.

[/quote]

Bad economic and political history.  The recession during the GHW Bush administration was over well before Clinton even took office.  The deficit reduction took place in approximately equal measures in the Bush (with a Democratic Congress)  and Clinton administration (with a Republican Congress for most of his term in office).   George W Bush did have the great recession, but much of the blame for that should fall on ill-advised deregulation that took place over the Clinton and George W. Bush years with the involvement of both parties.  Are you really going to blame a Covid (a global pandemic not started in the U.S. that impacted the global economy) recession on Trump?   Trump and Biden, together with Congress, produced far too much stimulus, which ultimately resulted in inflation levels not seen since the Ford and Carter presidencies, when it sank both of them.  From that perspective, it should not come as a surprise that Biden lost.

But you are absolutely correct that Trump has had a disastrous 100 days.  That is entirely on him and the complicit Republican (Maga) controlled Congress.[/quote]

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