You forgot Trump and the GOP cut taxes thus revenue. That along with the spending will grow the deficit to larger amounts than Obama.
I can't see the OP pic, is it referencing the AP's top editor speaking in Tokyo today? AP's top editor: Journalism today must be ‘unimpeachable’ AP Executive Editor Sally Buzbee addresses the Japan National Press Club in Tokyo, Feb. 6, 2018. (AP Photo/Mari Yamaguchi) Buzbee outlined three ways news organizations must make their journalism meaningful and impactful: She addressed how best to combat mistrust of the media:
There is the spending part and then there is the tax revenue part. They decreased tax revenue while increasing spending...during an economic boom... Any economist would tell you that it makes more rational sense to increase spending during times of reccession.
You do realize that this spending plan *does severely increase the deficit*, right? Obama's spending plans, while just as large, were actually somewhat supported by a revenue structure. You are comparing apples and oranges once again while the rest of the world just sighs and moves on with reality.
Is that your argument? Obama’s budget spent money too? No ****! It also collected taxes unlike this orange skin tag you call a President. Use you brain!
no way to spin it, AP looks bad with those tweets. more power to them if they want to marginalize themselves further that's on them.
Well, if you read the post above yours, it appears you are incorrect. In fact in January, our government ran a $49 billion dollar surplus because of the record taxes collected.
Taxes collected by the one time corporations came back to the US and payed their discounted rate for profits they've made for years held overseas. That won't be there next year. It's a "reparations tax". It will disappear within 2 years and then what?
What the hell are you talking about? Grown men are here debating here, go chew some crayons and worry about things Pop says.
Some, probably quite a few, companies will reinvest that money in their companies in the form of growth and expansion which will lead to needing to hire more people, higher profits, and higher wages which will then mean more income to tax.
