{UAH} What is the difference between Obama's debt and Trump's deficit?

Dale Ruff, Studied political science at UCBerkeley, Harvard, NYU.

Updated Oct 5 · Upvoted by Carter Moore, Degree in Political Science, former Congressional aide and … and James Feigenbaum, Ph.D. Economics, University of Iowa (2003)

Trump supporters will hate this answer, but (because?) it is the objective truth:

Obama started with 800,000 job losses a month, a crashing stock market, rising unemployment, and the worst recession in 80 years, with a deficit he inherited of 1.2 trillion.

Trump started with 7 years of steady growth in jobs and GDP, with an unemployment rate that Obama in his last 7 budgets had reduced from 10% to 4.5%, and deficits that were less than half of what Obama had inherited.

Trump has since doubled the deficits, despite campaigning on eliminating them with 5–6% growth. Growth is now at 2% a year, manufacturing is in a recession, and wages are stagnant despite promises made to justify huge tax breaks for the wealthy.

Obama cut the deficits by over 50% by the time he left office; Trump has doubled deficits in order to pay for tax cuts for the rich.

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