Daily Reminder that Donald Trump will damage the economy

Daily Reminder that Donald Trump will damage the economy.

Other urls found in this thread:

thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296
en.wikipedia.org/wiki/File:Federal_Debt_Total_Public_Debt_as_Percent_of_Gross_Domestic_Product.pdf
en.wikipedia.org/wiki/2001_United_States_federal_budget
mobile.reuters.com/article/idUSBRE8701OK20120802
wsj.com/articles/obama-proposes-500-million-to-aid-syrian-rebels-1403813486
theweek.com/articles/589924/brief-history-isis
m.sputniknews.com/politics/20160919/1045455561/us-airstrike-syrian-army.html
mobile.nytimes.com/2016/09/18/world/middleeast/us-airstrike-syrian-troops-isis-russia.html
cato.org/blog/dont-blame-obama-bushs-2009-deficit
politifact.com/punditfact/statements/2015/jun/17/ron-christie/gop-strategist-christie-tax-revenues-rose-after-bu/
youtube.com/watch?v=Rksd80-FCAw&feature=youtu.be&t=191
twitter.com/NSFWRedditImage

kek wtf
obama fucking doubled debt

>Obama
>2009-2011
okay

this.

Who recollected such statistics? Where are the references to it. Throwing a random chart, means very little without proper citations.

Regan had to undo all the damage from the 1970s. Bush was a neo-con however and he can go fuck himself.

>obama
>16%
Kek, Obongo increased the debt more than all the other presidents combined

thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

>2011

>2009-2001

Fuck off kike

Notice the graph for him is only 2009-2011. Meanwhile it includes bushs 8 years

you doont like it when your bulshit is exposed, eh?

> The national debt grew the most dollar-wise during President Obama's two terms. He added $7.917 trillion, a 68 percent increase, in seven years.

The word manipulation to put Obama anywhere near 16% is purely astonishing.
Democrats are an interesting breed of people, but the last 8 years have really been something outstanding.
I can't imagine the word play and virtue signaling that is going to happen over the next year, much less the next 4.
I truly hope that we fix the educational system before liberal stupidity becomes a cultural constant.

>1 post by this ID

they werent that far appart in the end.

pretty sure it was tiwanese hackers that ran up the debt.

THIS

IS

NOW

This your chart is old and you should feel bad OP

AN

OBAMA

LEAF

>1 post by this ID
>obvious bait

1 post by this ID
obvious bait

sage
>sage

THREAD

No one cares OP, anything is better than four more years of the same trash we've been fed our whole lives

oh look it's that cuck leaf again

the GROWTH in spending decreased. sure. thats not something to be proud of. bush increases were huge, slowing down wasnt a big feet.
creating jobs on deficit spending is also a posible bubble.

Wasn't Regan's debt mostly due to the crash in 87?

fake news

All the jobs are minimum wage jobs too. So you still need welfare to survive

Obama doubled the debt retard

What the fuck is this shit

If you owe the bank a hundred thousand dollars, the bank owns you
If you owe the bank a hundred million dollars, you own the bank

Same thing works at national levels

Daily reminder that OP is a fortune teller and his opinion is worth as much as the advice coming out of a cookie after a good Chinese meal.

people still don't understand what a deficit is.

Its easy to increase the debt when the previous president handed you a 1.4 trillion dollar deficit

>obligatory

You, lost.

but wait, there is more!
when weighing debt one must also consider the size of the ecconomy, which increases most every year.
you see that big spike? thats 2009.

en.wikipedia.org/wiki/File:Federal_Debt_Total_Public_Debt_as_Percent_of_Gross_Domestic_Product.pdf

>If you owe the bank a hundred thousand dollars, the bank owns you
>If you owe the bank a hundred million dollars, you own the bank
How does that work? I'm genuinely interested.

And Congress vetoed his fiscal plan and repealed his tax cuts and then raised taxes

>if you lose, you win

No it was mostly due to his massive tax cuts for the rich. He tripled the deficit immediately after his tax cuts. Whereas Obama cut the deficit he inherited by 3/4

You can never trust Republicans with money. They have no fucking clue.

Uh wasn't Bush President in 01

Fake news!

Not saying you, but right wing retard Republicans have no fucking clue that when you cut taxes, it reduces revenues. They literally cannot grasp this grade 1 level concept.

Their entire ideology is based on make believe

Yeah but the US fiscal year runs until October so that was Clinton's last budget.

en.wikipedia.org/wiki/2001_United_States_federal_budget

This is a very common thing that right wingers don't understand.

Neocons yeah. Lower taxes more spending. Hopefully trump changes this so the right cuts spending again

You think a tax cut can effect the budget deficit the year its initiated lol

why does Obama love ISIS?

mobile.reuters.com/article/idUSBRE8701OK20120802

wsj.com/articles/obama-proposes-500-million-to-aid-syrian-rebels-1403813486

theweek.com/articles/589924/brief-history-isis

m.sputniknews.com/politics/20160919/1045455561/us-airstrike-syrian-army.html

mobile.nytimes.com/2016/09/18/world/middleeast/us-airstrike-syrian-troops-isis-russia.html

An incoming president inherits the previous president's budget.

Hence why Obama inherited a $1.4 TRILLION budget deficit but right wingers don't understand this.

cato.org/blog/dont-blame-obama-bushs-2009-deficit

Don't reply to him. He has a severe mental disorder.

Lol Trump said he's gunna cut taxes and spend big on the military.

It's the same shit. No difference. Trump voters got conned.

Oh and
>as percentage of GDP
How does it change in actual dollars? The republican method relies on changing the GDP with the tax cuts, so these graphs destroy any ability to see that.

Yeah it reduces revenues right away. Depending on when the tax cuts take effect. It's usually retroactive to that tax year. You realize in April 2017, you pay your taxes for 2016 right?

If you pay me $100 a year. But I reduce that by 10%. I'm only getting $90.

Why are you right wing retards so fucking stupid?

That proves the point. Revenues as a % of GDP fell.. Which is the exact opposite of what right wing retards claim is supposed to happen.


Wait. Are you trying to deny that tax cuts reduce revenues?

politifact.com/punditfact/statements/2015/jun/17/ron-christie/gop-strategist-christie-tax-revenues-rose-after-bu/

why does Obama love ISIS so much?

mobile.reuters.com/article/idUSBRE8701OK20120802

wsj.com/articles/obama-proposes-500-million-to-aid-syrian-rebels-1403813486

theweek.com/articles/589924/brief-history-isis

m.sputniknews.com/politics/20160919/1045455561/us-airstrike-syrian-army.html

mobile.nytimes.com/2016/09/18/world/middleeast/us-airstrike-syrian-troops-isis-russia.html

>Obongo dindu nuffin with the debt!

We are proof of it.

im not sure the theory is that it would happen over a short period of time. there are also more things a government can do to hinder ecconomic growth.

Reminder that all of those presidents increased the debt.

not as a percent of gdp, the proper way to look at debt. clinton actually decreased the debt in that metric.

Isn't this misleading? The budget was only a one year thing with the stimulus B.S.

It was Obama who passed the stimulus that saved America from another Republican Great Depression.

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...

...

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>cuts off in 2013

gee i wonder why

...

$1 in 2016 = $1 in 1969

right wing retards actually believe this

>occupy democrats
you're not even trying anymore

now, why does Obama love ISIS so much?

mobile.reuters.com/article/idUSBRE8701OK20120802

wsj.com/articles/obama-proposes-500-million-to-aid-syrian-rebels-1403813486

theweek.com/articles/589924/brief-history-isis

m.sputniknews.com/politics/20160919/1045455561/us-airstrike-syrian-army.html

mobile.nytimes.com/2016/09/18/world/middleeast/us-airstrike-syrian-troops-isis-russia.html

Debt ≠ deficit

Can you imagine how fucking retarded and autistic you have to be to think that the US national debt was $6.5 trillion when Obama took office?

Seriously, does your brain even function?

Obama never doubled the debt. Reagan did though.

Yes, Obama has devalued the American dollar several times hurting average Americans during his Presidency.

Only a retarded foreigner would think thats a good thing.
Its a good thing for the corporate multinationals and thats all.

Obamaleaf always ignores any post that doesn't have to do with "muh jobs" or some other irrelevant bullshit, just so you know.

Reagan inherited Craters economy
Fixed it some
Bush inherited Reagans better economy fixed it more
Clinton inherited a great Reagan/Bush economy FUCK IT UP
Bush inherited Clintons fucked up economy
fixed it
Obama inherited Bush's meh economy FUCKED IT UP

I know how much they trigger you.

Here's the same chart. (You)

Obama has killed more Islamic terrorists than any president in American history.

That's why you right wing retards hate him so much.

Pic related triggers you

Yeah no shit.

1. Obama reduced the budget deficit by 2/3 2. Obama is the slowest spender since Eisenhower. These facts trigger you.

Pic related for additional triggering

You retards never answer me this. NAME THE LAST REPUBLICAN PRESIDENT TO BALANCE THE BUDGET.

>flattens out at inflated levels half a trillion higher than before.
wew lad

>Percent
Post the real numbers

HOLY SHIT everything you just said is fucking ass backwards.

The Reagan/Bush economy was so bad that Trump called it A DEPRESSION.

youtube.com/watch?v=Rksd80-FCAw&feature=youtu.be&t=191

>Obama inherited Bush's meh economy FUCKED IT UP


WTF? Obama inherited the worst Republican Recession since the Great Republican Depression and turned it into one of the best economies ever.

You right wing retards really are fucked in the head. You think Bush left a meh economy. Literally the financial system was on the brink of complete collapse.

It's like you're all 5 year old retards who are too fucked up to even know what happened in 2008.

>drone striking children = killing terrorists

yea I'm real glad Obama killed Bin Laden, we got to see the pictures of his body and even see his sea burial. nothing suspicious happened at all

Plus he had this little thing called the Cold War going on.

...

>US debt in 2009
10 trillion $
>US debt now
Nearly 20 trillion $

Yeah right, "thanks Obongo"

Republicans are big spenders.

Democrats are fiscally responsible .

Trump is already bragging that he's going to explode spending. "Rebuilding" the military sounds expensive.

>right wing retards triggered when Obama kills their beloved precious terrorists

What was the national debt the day Obama took office? Then you will see that you are a right wing retard.

You retards keep claiming OBama doubled the debt yet he didn't. Yet you leave Reagan and he nearly tripled the debt.

CUT MY LIFE INTO PIECES

I'M SHILLING FOR C.T.R.

NERD VIRGIN

NO SUNSHINE

DON'T GIVE A FUCK IF I NEVER GET LAID

I didn't defend Reagan in my post, obongoleaf.

>unsourced headline
>still thinks drone striking children is equal to killing terrorists
if Obama is so efficient at removing kebab, why are there still a kebab problem?

Not an argument, leafcuck.

So you right wing retards are completely unaware that Obama inherited the worst Republican Recession since the Great Republican Depression.

WAIT. LOL. You actually thought that the costs of Bush's fuckups, tax cuts, wars and recession stop as soon as he leaves office?

Holy shit.. I can't even handle your autism.


1. Obama reduced the budget deficit by 2/3 (You)


2. Obama is the slowest spender since Eisenhower. (You)

Name the last time a Republican president balanced the budget. You can't do it can you?

Replace Obama with Bush and you'd be losing your fucking mind.

reagan increase debt from 30% to 50%, obama from 70% to 100%.

>if Obama is so efficient at removing kebab, why are there still a kebab problem?

Do right wing retards actually think like this?

You better post these reminders everyday pussy

Obama kills terrorists efficiently with drones. Minimal US casualties, minimal cost.

Bush sent thousands of American soldiers to die in Iraq for nothing and squandered trillions. While right wing retards autistically cheered.

big difference retardo

can you actually refute anything? killing children in drone strikes isn't "killing terrorists"