Budget Deficits by Fiscal Year, Comparing Trump to Democrats

@Ynotisay Working on the theory that Americans will never buy the severe austerity needed to live withing their means, the idea of a debt ceiling should be removed completely😷

@whowasthatmaskedman Then cutting taxes, and the corresponding revenue to pay down debt, probably wasn't the best call. The way it stands now is that the GOP is negotiating huge cuts that will hurt Americans. Ironically, a good chunk of their "base." If they don't get it, and hold the country hostage so we do default, for the first time in history, it's going to be catastrophic for those same Americans.

@Ynotisay I couldnt agree with you more...😷

@whowasthatmaskedman This could potentially be a really, really bad thing for a WHOLE lot of people. And I'm not sure that's of major importance to everyone sitting at the table.

@Ynotisay I know it will mean a global recession on its own if the default sticks..And thats the good news. For America and those deeply invested it will lower them on the global trade foodchains, being stuck with devalued $US. And for America itself. At best they will be a middle trading power. At worst it will be a fire sale of assets. I have a vision of Supercarriers and Nuclear subs with "for sale" signs on them. I dont want to think what the right wing and Trumpists with do with that..😷