Hacker News new | ask | show | jobs
by sharemywin 41 days ago
good thing the current administration was basically elected to fix it. how's that going?
6 comments

Well they lowered taxes on the richest (reduced income) and have increased spending (defense, ICE, ballrooms, what have you). So, exactly as predicted.
Deficit spending is one place where the major parties are in complete agreement. So it just wastes political capital, unless you see Thomas Massie somehow amassing a majority of Congressmen interested in his issues.
Absolutely insane. The data has been clear since at least Reagan that Democrats tax and spend, while Republicans just spend.

Several trillion dollars of the debt comes just from Trump reducing taxes for rich people and companies.

It’s going great for them!
Republicans love to increase national debt while in power and then use it as a weapon when not.
The Associated Press doesn’t list that as one of his key campaign promises: https://apnews.com/projects/trump-campaign-promise-tracker/

It also doesn’t appear on the ALL CAPS list of campaign priorities: https://rncplatform.donaldjtrump.com/. The word “debt” doesn’t appear anywhere in the document. And the word “deficit” appears just once in the context of the trade deficit.

Trump was the first candidate to release a list of itemized priorities in small words and ALL CAPS so the average dumbass could understand. There are many, many things you can say about this list. But it’s very hard to inject ambiguity into what he was running on.

A more detailed version of the policies behind this list can be found here

https://static.heritage.org/project2025/2025_MandateForLeade...

Just one more $25 Billion for this tiny war and then they'll start working on it.