2020 Presidential election

[Deleted member 365]

No argument there. Trump suggesting that he can "balance the budget fairly quickly" was clearly a ruse.

What about health care reform that would give people universal coverage and lower costs?

What about Mexico paying for his wall?

What about Middle East peace?

You could put “a ruse” for nearly all of his campaign promises.

 

[AlaskanAssassin]

Averages? I’ve never heard of anyone using that metric. And for good reason, an avg of 8 years makes years where deficit spending must increase dramatically wars, recessions, etc skew the data.

For sake of comparing apples to apples, can we please just compare deficits? By comparing deficits and the national debt you make this really a stupid argument. As long as the deficit ends up with a net -$1.00, the debt will increase.

For sake of good faith arguments and the most accurate estimate of how each president handled the deficit, Why don’t you post the deficits of each president? I’ll settle for Bush II, Obama, and Trump. So basically, 2001-2018.

The reason to use both "Deficits" and "Increases to the National Debt" is because they are not exactly the same thing. A deficit, as reported by GAS (Governmental Accounting Standards) does not account for intergovernmental borrowing (from Social Security). So the National Debt often increases faster than the reported deficits. I'm fine with whichever metric you feel is most applicable. To me, the actual additions to Debt are the best metric. Debt is debt.

Here are the totals for each president. Much of Trump's are estimated because only his 2017 numbers are final. Takes a long time to audit a government. I just included his numbers through 2019.

Bush's Total (8-year) deficits: $2.0 T
Bush's Total (8-year) additions to debt: $4.4 T

Obama's Total (8-year) deficits: $7.3 T
Obama's Total (8-year) additions to debt: $9.5 T

Trump's Total (3-Year Estimated) deficits: $2.5T
Trump's Total (3-Year Estimated) additions to debt: $3.2T

If the current establishment keeps spending the way it is, Trump's additions to the debt will likely meet or exceed what Obama did.

 

[Deleted member 365]

The reason to use both "Deficits" and "Increases to the National Debt" is because they are not exactly the same thing. A deficit, as reported by GAS (Governmental Accounting Standards) does not account for intergovernmental borrowing (from Social Security). So the National Debt often increases faster than the reported deficits. I'm fine with whichever metric you feel is most applicable. To me, the actual additions to Debt are the best metric. Debt is debt.

Here are the totals for each president. Much of Trump's are estimated because only his 2017 numbers are final. Takes a long time to audit a government. I just included his numbers through 2019.

Bush's Total (8-year) deficits: $2.0 T
Bush's Total (8-year) additions to debt: $4.4 T

Obama's Total (8-year) deficits: $7.3 T
Obama's Total (8-year) additions to debt: $9.5 T

Trump's Total (3-Year Estimated) deficits: $2.5T
Trump's Total (3-Year Estimated) additions to debt: $3.2T

If the current establishment keeps spending the way it is, Trump's additions to the debt will likely meet or exceed what Obama did.

For the third time, do it by year.

Why do you keep avoiding this? For someone who claims to not be making a bad faith argument, you’re doing everything possible to make one.

 

[RandyForRubio]

Uncle Bern will fix the debt! Just ask @dalamon

 

[AlaskanAssassin]

For the third time, do it by year.

Why do you keep avoiding this? For someone who claims to not be making a bad faith argument, you’re doing everything possible to make one.

Here you go Boss. I've never done an attachment before, so hopefully this works.

View attachment 7813

 

[DasJazz]

View attachment 7812
Here you go Boss. I've never done an attachment before, so hopefully this works.

View attachment 7813

Random question, do you actually live in Alaska?

 

[AlaskanAssassin]

I was raised in Alaska (Eagle River and Anchorage) and when I joined Jazzfanz I was still living there. I've since moved to AZ.

 

[DasJazz]

I was raised in Alaska (Eagle River and Anchorage) and when I joined Jazzfanz I was still living there. I've since moved to AZ.

Ah, gotcha. I was curious because I graduated from Bartlett high school in Anchorage if you remember that school name.

 

[RandyForRubio]

View attachment 7812
Here you go Boss. I've never done an attachment before, so hopefully this works.

View attachment 7813

We should have more government shutdowns.

 

[AlaskanAssassin]

Ah, gotcha. I was curious because I graduated from Bartlett high school in Anchorage if you remember that school name.

Of course I do! I graduated from East. 2002.

 

[RandyForRubio]

In all seriousness, I'm not sure somebody can win on a campaign based on reducing the debt or deficit.

It would basically be, vote for me and I'll take away/reduce certain programs/benefits/cuts, so that we can save money. People won't go for it. I like to think of it as a toothpaste bottle. Once that spending is out there, getting it reduced is almost impossible.

And this goes for both sides. Republican farmers like their handouts just as much as anybody, trust me on that. Everybody wants to reduce a program they don't use, never the ones they do.

Long story short, I don't think our deficit ever gets reduced until we're practically forced to, and it will be too late at that point. We're screwed.

 

[Gameface]

RandyfForRubio buys his toothpaste in a bottle.