rodcom
Lv 6
rodcom asked in Politics & GovernmentPolitics · 2 months ago

Why do Republicans not care about the debt anymore?

When Obama inherited 2 wars and the Great Recession, he was constantly attacked by the right for the debt being wracked up fighting this.

Trump inherited a strong economy, and got a boost in the economy with tax cuts and spending increases. This was purchased through debt and was in line to surpass the Obama by half a trillion dollars.  Now that he is fighting recession too, and the debt is skyrocketing, nobody is saying a thing. 

Does debt no longer matter?

Update:

If you think debt during a major recession is the same as debt for a small boost after long sustained growth is the same, then you do not understand how finances work, or are a hypocrite.

8 Answers

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  • Anonymous
    2 months ago
    Favorite Answer

    They only care about the debt when a few dollars are spent on the poor. Pump out trillions of dollars for the billionaires and they’re perfectly fine with that. 

  • 2 months ago

    you do not think CV19 is a crisis?  Or you would rather that the Republicans double tax rates to raise the money to fight it because you're too cowardly to suggest that?

  • 2 months ago

    They do - $1 trillion for Republicans vs $3 trillion for Democrats to fix the Covid-19 issue. As for Obama - he created more debt in one term than the total of all Presidents before him.

  • 2 months ago

    Since WW2, stock markets have grown 2X as fast under Dem presidents vs Repubs. So it's fair to conclude Dems are 2X as good for the economy, and that makes republicans VERY jealous. "From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans."

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  • Anonymous
    2 months ago

    What planet are you on? 

    Trump inherited a sh*t economy at 1% growth and nearly ALL of the debt since 2008 has been pushed by the democrats. Republicans RIGHT NOW are fighting to keep democrats from adding trillions to the debt. You can't seriously be that stupid. 

  • Edwena
    Lv 7
    2 months ago

    At one time the republicans were the savers only to have the democrats blow it all when they got in power.  After being the stooge for a couple of times, they changed.  They now spend it all so that the democrats can't waste it.

  • They never ever did, it was just something to say to attain power

  • Anonymous
    2 months ago

    Republicans are proposing a $1 trillion package. Democrats are proposing a $3 trillion package. 

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