Quote:
Originally Posted by Mick
This talk in the BBC link says it will add $1tn to the National Debt, but it was totally fine for President Obama to increase it by about $4tn, in just 2 years in office and prior presidents significantly adding to the debt also, but I guess because it’s Trump, it’s extra bad. Pathetic hypocritical hysteria strikes again.
|
Despite what Trump says, whether Obama did it or not is irrelevant. If it's bad, it's bad.
That said, I was under the impression that Obama was doing it to try and reduce the impact of the 2008 banking crisis, which could have affected the whole US far more badly than it did, and would have affected both the poor and the wealthy. Surely that is more a more laudable use than reducing taxes for those who are already wealthy?