The deficit is back! For a limited time only!
Yeah, you knew this was coming. And it’s here — until the economy is drowned in a kiddie pool full of crocodile tears or a Republican is back in the White House, whichever comes first!
Full text for non-tweeterers:
GOP Sen. Rick Scott today on Fox Business: “We're at $27 trillion worth of debt. Somebody has got to pay for that. I mean, think of how much money this year we're going to lose at the federal level. It's going to be trillions of dollars.”
So let’s review.
The deficit didn’t matter when Donald Trump and his part-time Keynesian fat cats decided to cut corporate and upper-class taxes.
It didn’t matter when it soared, pre-pandemic, to more than $1 trillion. In fact, here was Forbes in February noting the rapid increase in our national debt — a debt Trump once promised to completely eliminate in just eight years:
President Obama entered office in early 2009 in the teeth of the Great Recession. Not surprisingly, the deficit exploded from $459 billion in calendar 2008 to over $1.4 trillion in calendar 2009. As the economy recovered the deficits shrank to a low of $442 billion in 2015 and was $585 billion his last year in office.
President Trump on the other hand was handed an economy that was growing. In 2017, his first year in office the deficit grew to $666 billion, was $984 billion last year and is projected to be over $1 trillion in 2020 at $1.02 trillion. This would be a 74% increase in just four years and going forward the Federal deficit could escalate to $1.7 trillion in 2030.
And, of course, it wouldn’t have mattered if Donald Trump had won reelection, because everyone simply knows that deficits created while handing out favors to fantastically wealthy plutocrats are much less alarming (and immoral) than those incurred through generous infrastructure and social spending.
So now, once again, we have to tackle that darned deficit! Especially now that it’s small businesses and working-class mothers and fathers who need saving, instead of far-worthier dues-paying Mar-a-Lago members.
In just four years the federal debt has swelled faster than Donald Trump Jr.’s septum. But we’ll soon all be told to stop living in the past, because tax-and-spend Democrats are on their way to, I don’t know, act like adults?
Rinse, repeat.
That said, there’s nothing stopping us from telling these hypocritical hosers to eff off forever. So that’s what I’ll be doing for the next four years. What say you?
This guy is a natural. Sometimes I laugh so hard I cry.” — Bette Midler on Aldous J. Pennyfarthing, via Twitter. The first history of the Trump Error is complete! Goodbye, Asshat: 101 Farewell Letters to Donald Trump is hot off the presses! Along with Dear Fcking Lunatic: 101 Obscenely Rude Letters to Donald Trump, Dear Prsident A**clown: 101 More Rude Letters to Donald Trump and Dear F*cking Moron: 101 More Letters to Donald Trump, you’ll see the Trump years from a hilarious new perspective. Click those links, yo!
