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Thread: The Deficit
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Old 02-04-2018, 10:11 AM   #5
zico20
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Join Date: May 2014
Location: st louis
Posts: 2,980
This article is full of crap. It says Obama had four years of trillion dollar deficits due to the recession and the financial crisis. The recession ended in June of 2009. Everyone knows the economy booms after a recession ends, there was no need to spend like a drunken sailor.

Also, Social Security, Medicare, and Medicaid are responsible for half of our spending. When Democrats say this is off limits, they have no desire to get the deficit under control. Same goes for some Republicans who don't want to touch it. The problem is when Republicans talk about reforming and reducing the future spending growth of these three Democrats scream people will die and they want to take away your Social Security. Until these three are addressed the deficits will continue to soar, unless we can achieve 5 percent GDP every year, which is unlikely.
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