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<blockquote data-quote="vantexan" data-source="post: 5411906" data-attributes="member: 24302"><p>You&#039;ve got your timeline wrong.&nbsp; The national debt was at about 20 trillion at the end of 2016, Obama&#039;s last year.&nbsp; We had a $500 billion trade deficit with China when Trump took office.&nbsp; It was a major issue he tried to address.&nbsp; Trump&#039;s tax cut actually increased revenue some.&nbsp; The problem was there was more spending than what they took in.&nbsp; The tax cut itself didn&#039;t reduce revenue.&nbsp; I&#039;ve pointed out before that Trump couldn&#039;t get enough Republicans to go along with what he wanted to spend on the military.&nbsp; So he compromised with the Democrats and between them and enough Republicans he got a huge budget passed.&nbsp; You&#039;ve said there was no budget passed under Trump.&nbsp; Not so.&nbsp; And the Dollar weakened?&nbsp; Every major currency is down against the Dollar.&nbsp; The Pound is at a historical low vs the Dollar.&nbsp; The Euro is trading at less than the Dollar.&nbsp; And you&#039;re forgetting that the Tax Cut and Jobs Act actually created jobs.&nbsp; Unemployment was at historical lows for women and minorities.&nbsp; This was after years of stagflation under Obama and him saying those jobs aren&#039;t coming back.&nbsp; People forget that gas was expensive under Obama too.&nbsp; Trump&#039;s policies brought those prices down.&nbsp; Obama added over $10 trillion to our debt in his 8 years.&nbsp; Trump did add to the national debt too.&nbsp; And by far the biggest year for that was dealing with the pandemic.</p></blockquote><p></p>

[QUOTE="vantexan, post: 5411906, member: 24302"] You've got your timeline wrong. The national debt was at about 20 trillion at the end of 2016, Obama's last year. We had a $500 billion trade deficit with China when Trump took office. It was a major issue he tried to address. Trump's tax cut actually increased revenue some. The problem was there was more spending than what they took in. The tax cut itself didn't reduce revenue. I've pointed out before that Trump couldn't get enough Republicans to go along with what he wanted to spend on the military. So he compromised with the Democrats and between them and enough Republicans he got a huge budget passed. You've said there was no budget passed under Trump. Not so. And the Dollar weakened? Every major currency is down against the Dollar. The Pound is at a historical low vs the Dollar. The Euro is trading at less than the Dollar. And you're forgetting that the Tax Cut and Jobs Act actually created jobs. Unemployment was at historical lows for women and minorities. This was after years of stagflation under Obama and him saying those jobs aren't coming back. People forget that gas was expensive under Obama too. Trump's policies brought those prices down. Obama added over $10 trillion to our debt in his 8 years. Trump did add to the national debt too. And by far the biggest year for that was dealing with the pandemic. [/QUOTE]

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