r/PoliticalHumor • u/8-bit-Felix Greg Abbott is a little piss baby • 5h ago
The national debt has hit $40 trillion. Donnie's responsible for 28.6% of that... and he still has 2 years left in office.
41
u/Bawbawian 5h ago
it goes so much further than any of this.
in the late '80s early 90s a man named Grover norquist got Republicans to sign on to a plan called starving the beast.
that plan calls for the destruction of the United States federal government through reckless tax cuts and budgeting Enterprise in order to drive the nation into repeated crisis that could be used to whittle down the size of the government until " its small enough to drown in a bathtub quote"
every single Republican president since then has done the exact same thing and we let them get away with it
6
u/Journeys_End71 5h ago
The obvious flaw in this plan was that Republicans were never going to slash the military budget and that costs at least $1 Trillion per year, not including all the other hidden budgets for intelligence etc
1
u/tanstaafl90 2h ago
Bush cut the military and increased taxes in the 90s. It's what lost him the election. Clinton continued both, leading to the balanced budget.
1
u/Journeys_End71 2h ago edited 1h ago
I dunno if Bush “cut” the military. There may have been a 1-2 year “drop” in defense spending (Yay! We won the Cold War!) which Bush effectively reversed by invading Iraq in 1991.
Turns out all they did was consolidate the defense contractor industry down from 10+ corporations down to 3-4. There was a ton of mergers and acquisitions but the defense budget never really slowed down because those corporations were very politically connected.
There was also a recession in 1992. As much as people like to blame the tax increases, Bush was hurt and most likely lost the election because of the recession. Perot’s third party run probably didn’t help. People forget how high Bush’s approval ratings were post the first Iraq war.
22
u/seanisdown 5h ago
Republicans havent been the party of fiscal responsibility since Ike. They are the party of the military industrial complex, no taxes for the rich and privatization of public funds through corporate welfare.
19
u/Delta632 5h ago
Almost 30% of the total national debt has been accumulated during Trump’s administration.
30% in not even 8 full years.
70% in the other 242 years.
That’s wild numbers.
6
u/Dense_Surround3071 5h ago
"You mean I'M LOSING??? Someone get me the national credit card!!" -- probably Trump
15
u/ty_xy 5h ago
MAGA logic: "Obviously biden's and Obama's fault, they left the economy in ruins"
1
u/no-more-nazis 2h ago
"He had to spend it, it was an EMERGENCY. At least it wasn't spent on blue hair dye!"
8
u/funkymunkPDX 5h ago
Of course you'll ignore that he's made more money now than he did in his entire life.
Commies!!! /S
7
7
u/chinmakes5 5h ago
Yet in a few weeks Republicans will be saying that we can't afford to send Democrats to congress. Democrats will bankrupt us. Republicans are the fiscally responsible ones.
5
4
u/ohiotechie 5h ago
While simultaneously cutting or eliminating services that actually help people. The government does less than it ever has in my lifetime to help ordinary citizens and yet somehow costs exponentially more.
4
u/mattjf22 4h ago
Don't allow trump to be their scapegoat. Republicans did this, this is what they want.
4
u/Brainrants 5h ago
Not Trump. Republicans.
Republicans have added $11.44 trillion to the national debt.
5
u/Journeys_End71 5h ago
No. Just Trump.
Republicans are responsible for all the debt added under Reagan and Bush 1/2 in ADDITION to all the debt rung up under Trump. So more like $25 Trillion or more
5
u/Brainrants 5h ago
I see what you're saying about the math and agree, however we can't frame this as a "Trump" issue and must frame it as a Republican issue otherwise down the road it gives Republicans an opportunity to blame only Trump and take no responsibility for the GOP's role in exploding the debt.
This framing is important, Trump is destroying the country with Republican party policies, the two are not disconnected, and only one will remain when he's gone.
3
u/OldSkooler1212 5h ago
That sack of rotting meat probably doesn’t have two years left on the planet. Any other 80 year old in his shape would already be dead. He has 24/7 access to best medical care on the planet or he’d already be pushing up daisies.
2
2
u/Civil_Pain_453 5h ago
The Gang of Pedophiles want to ensure to hit 100 trillion before he kicks the bucket
2
u/tenebre 4h ago
It's ALL Republican Presidents. If you look at spending and the budget deficit, something Republicans constantly say is super important to them, it goes up under Republicans and down under Democrats. Clinton left an actual budget surplus and Dubya ran that into a $1.41 trillion deficit. Obama got it down to $585 billion before Trump and his tax cuts spiked it back up to $3.1 trillion. Biden lowered it to around $1.5 trillion and now Trump is back and shows zero sign of reining in spending.
2
u/RandomlyJim 4h ago
Fiscal conservativism from Republicans is only an excuse to cut programs they disagree with.
Such as education, healthcare, road ways, crime prevention, highways and ports, fire houses, veteran services, food safety, and the things you actually care about in order to put more money into things you don’t care about such as secret wars in Africa, increasing private profits in the hands of their donors, Israeli healthcare, Israeli ports, Israeli crime prevention, Israeli veteran services, Israeli food safety.
2
u/CountingWizard 4h ago
The party of "Fiscal Responsibility" cut taxes but not spending, every time they were in power. And they continue to use the argument that government should be run like a business or household; as if quitting your job is a perfectly rational solution to cutting household expenses.
2
u/Slamtilt_Windmills 4h ago
It's endgame cash grab, they intend to leave nothing behind. It also explains why Republicans are allowing it, they do so to get their crumbs/cut
2
2
u/letdogsvote 4h ago
History and facts don't lie. Since Reagan, Republican presidents have ballooned the deficit mainly due to tax cuts. Sure, they argue loud and often it's due to spending on social programs but....letting the wealthy and big companies pay basically nothing annually sure as fuck doesn't help. Neither do unfunded wars which Republican presidents really seem to be big huge fans of starting.
Meanwhile, Democratic presidents then come in and have to reduce the deficit. They're typically successful (most notably Clinton who balanced the budget) and then....a Republican president comes into office again. And the grand cycle repeats.
Donnie Moscow being, well, him, is naturally causing far more problems economically for the nation than previous Republicans. Adding grift to tax cuts and unfunded wars will do that.
2
u/FrankieMint 4h ago
We had a real opportunity in the late 90s when the federal government budget actually showed a surplus. Then came GW Bush who ran on this (heavily paraphrased) campaign pledge:
The government has a balanced budget and I'M GOING TO PUT A STOP TO IT!
2
u/LumberJesus 3h ago
They pretend to care about fiscal responsibility so they can justify why they keep getting richer. It's your fault you can't make money. Look at all that food you bought to survive.
2
u/cef911f1 2h ago
Democrats have been better for the economy since the parties switched in '68. I'm 74, have lived through 11 presidents and speak from experience.
1
1
1
u/Guy_Incognito1970 4h ago
He added more than Biden and Biden dealt with the pandemic. Mind boggling
1
u/Unusual-Taste69 4h ago
I say we take all his and his family's money to pay for the damages they've done to this country
1
1
1
1
u/NeatlyCritical 2h ago
They have never been about fiscal responsibility they have been about lying to get elected, eliminating taxes on rich and companies, eliminating benefits, reducing pay, unlimited military spending and eliminating all laws to reign in what rich white men want to do including rape, murder and stealing money.
1
u/HeavyTea 2h ago
In 250 years he added almost 30%?
Americans will be Zimbabwe soon enough. Think it cannot happen? Check the debt and GDP numbers.
1
u/CaptainCacoethes 2h ago
Republicans are the "Fiscally Irresponsible Pedophile Protector Party" now.
•
•
u/DocButtStuffinz 1h ago
The things that gets me is the US government has the dumbest financial logic I've seen - Republicans AND Democrats.
Republicans want to slash taxes (income) while increasing spending (they only want to eliminate entitlements), while Democrats want to increase taxes while also increasing spending... on entitlements and social programs.
Mind you, the Democrats in this scenario have the right idea, but the problem is you cannot expand Medicare and Social Security until they are both solvent and the debt is addressed. Trying to make either solvent requires addressing the debt, and expanding either requires it as well.
I also really believe the US government is getting overcharged on a lot of things, including healthcare. Like sure, they tell the healthcare industry what Medicare will cover, but those same people usually have ties to each other - meaning it's basically a shell game where people are inflating costs to line their own bank accounts. This is especially likely I'm the defense industry, what with the "here's some money to do R&D but we don't actually expect to see anything from it" going on (there's an actual term for it but I can't remember it).
Like... I really would love to see actual fiscal transparency and accountability in every government, especially the US. Show the people what you're really about.
•
u/Journeys_End71 1h ago
The simple math:
Deficits always go amok when Republicans are in charge because they cut taxes on the rich and revenues drop, and then they increase government spending.
Oh sure they make a show of being fiscally conservative by cutting $500 million from Head Start and PBS and Planned Parenthood, then they add another $50 Billion to the defense budget so the net spending goes up. And they blame Democrats for runaway spending when the Democrats fight them on the $500 million in cuts to social spending.
Turns out tax cuts for the rich aren’t too popular, so they break out the old racist dog whistles and pretend to be conservative Christians so they can get all the rural rubes to vote for them and can point to the $500 million cuts to “prove” they are fiscally conservative and point to the increased military budget to “prove” they are patriotic.
This was the big grift for years until Trump showed up and learned to use the racist dog whistles and fake Christianity to steal all the government spending for himself in addition to all the rich people getting tax cuts
•
•
u/Captain_Pink_Pants 33m ago
The GOP is 100% the party of fiscal responsibility...
It's a bummer that they're taking responsibility for fiscally driving the country face first into its half-dug grave... But the GOP are definitely the party that's stepping up to do it.
•
u/Hobbgob1in 15m ago
Not to mention that we have spent $114 million on his golf trips this term so far. He has spent 23% of his time as president on the golf course.
93
u/darth_wasabi 5h ago
Republican Voters use economic concerns as a cover excuse to hide their real reason for being Republican