Bleyseng wrote:I would love to see spending cuts in the bloated military! Nearly one billion a year in spending is our Black Hole in Government spending not SS, Obamacare, welfare, Food Stamps etc...
Trump will send us back to the GOP/Bush years of crazy fiscal policy on deep tax cuts, increased military spending and deficits.
Deficits? You mean the Trillions of debt Obama has added since he's been in office ~ 10+ Trillion and counting. Not including the cost of running an already over bloated unaffordable care act that is slipping away.
Social Security, Medicare and Medicaid alone count for more spending than military spending.
Obama has added $6.49 trillion to the deficit (a 56% increase while Bush added $5.8 trillion (a 101% increase from Clinton).
So it cost money to "Fix" the US economy ruined by Bush and Wall Street. Are you better off now or in 2008 the financial crisis?
Debt – The U.S. government’s debt owed to the public has more than doubled. It is now more than $13.6 trillion, an increase of 116 percent since Obama first took office.
And the debt also has grown dramatically even when measured as a percentage of the growing economy, from 52 percent of gross domestic product at the end of fiscal year 2009 to just under 74 percent at the end of fiscal 2015, according to the most recent estimate by the nonpartisan Congressional Budget Office.
Massive federal deficits continue: The final figure for FY 2015 was $438.9 billion. That was about $44.5 billion less than the shortfall in fiscal year 2014, but CBO projects that without further spending cuts or revenue increases, deficits will soon be growing larger again, and will top $1 trillion in FY 2025.
Total debt, counting money the government owes to itself, currently stands at nearly $18.9 trillion, up nearly 78 percent under Obama.
Also, Obama increased military spending to around $800 billion a year on average. In fact, his security budget request of $895 billion in FY 2011 set a new record. Even though troops were withdrawn from Iraq in 2012, and Osama bin Laden was eliminated in 2011, Obama requested $851 billion in his FY 2013 budget. Although Obama abandoned the phrase "War on Terror," he spent $857 billion on it in Contingency funds. That's more than the $850 billion Bush spent.