Trump wasn't doing a good job on the deficit during his first term, but he at least had strong growth to show for it. At the end of the day, it's about debt to GDP ratio, rather than the raw debt.

And like void already mentioned, Democrats wanted to go even more crazy on covid lockdowns and deficit spending.



Also note that Biden's deficit in FY 2024 was almost twice as high as Trump's already bad deficit from 2019 ($0.98T):


Three years after covid, with an economy which according to the rhetoric of his own administration was roaring, there was no justification whatsoever for such a spending spree.

This post was edited by Black XistenZ on Apr 10 2025 09:37am

Double post

This post was edited by SkySwallower on Apr 10 2025 09:50am

Okay so economy was roaring under trump, was roaring under Biden and they both spent too much. Why exactly vote for the candidate with the shitty character then if his economy politics are apparently indistinguishable from Biden, a 80 year old who should have retired 10 years ago?

As a small note: if you care about growth vs debt I assume you are furious about the tariff shenanigans Trump is pulling?

Dishonest framing. The tax cut was significant, but the other significant portion of debt under Trump was forced Covid spend. In contrast, Biden spent like Oprah giving everyone in the audience a car causing inflation that spiked to 40 year highs.


Bolded doesn't make sense, and it doesn't sound you understand what you are talking.

Tariff= tax collected. If we are collecting 300-500 billion in tariffs, that actually helps with the deficit and debt. It may reduce growth but the revenue collection IMO would be significant.

This post was edited by ofthevoid on Apr 10 2025 09:56am

The president doesnt spend, congress does. the president approves the budget. Trump threatened to shut the govt down if they didnt reduce spending, and the govt did indeed shut down. trump's only additional play pre-covid was to literally leave the govt shut down forever, until they passed a balanced budget (not done since clinton).

meanwhile when he allowed the govt to shutdown news articles flew instantly about how he was killing people every minute he didn't sign a budget. in reality anything under .5T$/year (while not as good as balanced) is sustainable. 3T$/year tho is economic suicide. and the reason such desperate cuts are happening now. sure, "covid", i get that, but 1.75T$ years after covid? absurd overspending.

You realize the non china tariffs got cancelled (for another 90 days topkek) because they were a shit idea and all you have to show for it is a huge loss on stocks and an even bigger loss on trust and directly following willingness to trade with you from literally all your non russian allies. Money generated from tarrifs until now: 0$, well played

Also somehow now all the alt right understand that tariffs are a tax on the citizens? Weird, felt like talking to windmills explaining this a few months ago.

I have a bachelors in economy mathematics (and a masters in maths/cs fwiw), what exactly are your qualifications?

topkek is suggesting "trust" is needed for trade. china rose from mudhuts to the #2 world economy with negative trust the world over. the only reason they're not the #1 hated nation in the world is because the USA exists.

You forgot russia on #1 m8. Trust in this instance is meant in a "will behave rationally in trades" sense, not in a "we agree with their values"

Edit: although fwiw the US also lost a lot of "we agree with their values" sentiment from the rest of the western world in record time

This post was edited by SkySwallower on Apr 10 2025 10:06am

The economy was roaring under Trump before covid fucked it all up, in particular, real wage growth was really strong. By contrast, the economy was not actually roaring under Biden, his term saw real wages stagnate on aggregate, and decline for the first two thirds. It was only the propaganda of his own administration and its allies in the media which claimed that the Biden economy was oh so great. I only pointed to this because their own rhetoric took away the only feasible justification they might have had for a $1.83T deficit in 2024.


Also, Trump's politics aren't indistinguishable from Biden. On the contrary, the data I showed you prove that Biden ran an 85% higher deficit under relatively similar conditions, and with less to show for it.
How good or bad Trump's economic track record will turn out to be during his second term remains to be seen. I'm willing to entertain the possibility that he will fail badly this time around. Time will tell. What is not up for debate, however, is that the economic track record of the Biden/Harris admin was an abject failure.

This post was edited by Black XistenZ on Apr 10 2025 10:17am

Russia is #1 country the world feels safe saying they hate, but the hate in reality is nothing compared to the hate the world feels for the USA. in many regions people on a daily basis burn our flag while screaming death to america. our tourists are consistently voted worst, canadians get attacked the globe over because they get mistaken for Americans.

china is comfortably #2. all of asia absolutely hates china with a passion, and that's about half of the world's population if we remove china.

none of that matters, we're still easily the #1 demanded trade partner for the world's exports, and china is easily the world's #1 demanded exporter.