Comment

Comment by malshe

Way to change the goal post when we are discussing budget deficits. Even then Obama added around $10 trillion to debt in eight years. Trump added close to $8 trillion in just four years in his first term.

In 2009, the budget deficit had risen to $1.42 trillion thanks to the massive bailouts of financial institutions. By 2016, when Obama left the office, it was down to $0.59 trillion.[1]

[1] https://fiscaldata.treasury.gov/americas-finance-guide/natio...

parent malshe 15 days ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton