Biden swipes at Trump for 'mismanagement' of the economy: 'We're reducing the Trump deficits'

[Dave58]

Biden swipes at Trump for 'mismanagement' of the economy: 'We're reducing the Trump deficits'

Biden rarely names his Republican predecessor. But he criticized Trump for swelling the deficit with tax cuts that never paid for themselves.

www.businessinsider.com

 

[oil&gas]

'We're reducing the Trump deficits' translates to: we will not
be borrowing more money than Trump to cover expenses. Total
debt may grow at a slower pace under Biden.

 

[toguy5252]

'We're reducing the Trump deficits' translates to: we will not
be borrowing more money than Trump to cover expenses. Total
debt may grow at a slower pace under Biden.

That is a good thing isn't it. And you do understand the difference between the debt and the deficit.

 

[Butler1000]

Except the military. Next planned increase for 2023 raises it above 800 billion. And judging from previous years thats the low end.

 

[oil&gas]

That is a good thing isn't it. And you do understand the difference between the debt and the deficit.

It is not a bad thing Biden will have added another $4--5 trillion
to nation's total debt by the end of his 1st term.

 

[dirtydaveiii]

Actually they are all still trying to pay back GWBs debt. Bill Clinton might have been the best ever at running the economy.

 

[jcpro]

LOL!!