| SuaveSocialist said:
Yesterday, the USDA spent 1.2 Billion dollars to buy surplus food. Apparently the Free Market wasn't doing a satisfactory job, so the Party of Fiscal Conservatism and Personal Responsibility decided to lean on taxpayers. Go figure. That, like, never happens (/sarcasm).
The news gets even worse, though. Thanks to his tax "plan", Fiscal Conservatism is resulting in record deficits, Beloved Leader on course for approaching Obama's deficit record in a single term, rather than two. And that is despite inheriting a healthy economy and strong stock market. https://www.thebalance.com/deficit-by-president-what-budget-deficits-hide-3306151
He is also on course to becoming the second biggest debt contributer in just a single a term, almost surpassing Obama in 4 years rather than 8. https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296 |
Trump has lower deficits than Obama so far (FY 2016 - $1.423 trillion vs. FY 2017 - $672 billion FY 2018 - $1.233 trillion projection) and achieved that by giving more money back to the people.
1.2B$ food subsidies (so that poor people can afford something on the table) are small compared to what previous administrations have been giving in subsidies and it is to lower food prices - I thought socialists were in favor of that?
The US has massive trade deficits and needs to start producing again instead of importing nearly everything. Tariffs will help to balance the trade deficits, something that should have been addressed decades ago.
Last edited by numberwang - on 31 August 2018
