Consume Product

Imagine believing that any of them reduced anything, holy fucking shit. Imagine believing it matters in any capacity.

Your numbers are make believe from redditards, Since we are just posting nonsense for no reason, Here’s an overview of the **U.S. budget deficit** changes under each president from Jimmy Carter (1977) to Joe Biden (as of 2023), based on historical budget data. The deficit is the annual difference between federal spending and revenue, while **debt** is the cumulative total of past deficits.

### **Deficit Changes by President (Adjusted for Inflation in 2023 Dollars)**

| President | Years in Office | Deficit Increase/Decrease | Key Factors |
|-----------------|----------------|--------------------------|-------------|

| **Jimmy Carter** (D) | 1977–1981 | **Decreased by ~$90B** (from $296B to $206B) | Post-1970s stagflation, spending restraint. |

| **Ronald Reagan** (R) | 1981–1989 | **Increased by ~$1.2T** (from $206B to $1.41T in 1989) | Tax cuts, defense spending, 1980s economic expansion. |

| **George H.W. Bush** (R) | 1989–1993 | **Increased by ~$400B** (from $1.41T to $1.81T) | Recession, Gulf War, tax increases (1990 budget deal). |

| **Bill Clinton** (D) | 1993–2001 | **Surplus in final years** (Deficit fell from $1.81T to **-$236B surplus** in 2000) | Tax hikes, tech boom, spending restraint. |

| **George W. Bush** (R) | 2001–2009 | **Increased by ~$3.3T** (from surplus to $1.41T deficit) | Wars (Iraq/Afghanistan), tax cuts, Medicare Part D, 2008 financial crisis. |

| **Barack Obama** (D) | 2009–2017 | **Increased by ~$5.8T** (from $1.41T to $7.2T peak in 2016) | Stimulus (ARRA), ACA, slow post-crisis recovery. |

| **Donald Trump** (R) | 2017–2021 | **Increased by ~$3.8T** (from $665B in 2017 to $3.13T in 2020 due to COVID) | Tax cuts (TCJA), COVID relief (CARES Act). |

| **Joe Biden** (D) | 2021–2023 | **Decreased from COVID highs** (Deficit fell from $3.13T in 2020 to ~$1.7T in 2022, then rose to ~$1.7T in 2023) | Infrastructure spending, Inflation Reduction Act, post-COVID recovery. |

### **Key Notes:**
- **Deficits fluctuate yearly** due to economic conditions, wars, and policy changes.
- **Reagan, Bush 43, and Trump** saw large deficit increases due to tax cuts and wars.
- **Clinton** is the only modern president with budget surpluses.
- **Obama’s** deficits were driven by the Great Recession response.
- **Biden’s** deficit initially fell post-COVID but remains high due to spending.

### **Debt vs. Deficit:**
- The **national debt** grew under all presidents except briefly under Clinton.
- The **deficit** is yearly; the **debt** is cumulative.

Would you like a breakdown of debt accumulation instead?

If you're old enough to remember the 1990s then you might remember that the Clinton administration changed all the accounting rules not just for the budget, but for all sorts of other topics too.

And its congress that supposedly* sets budgets so you'd get a more reasonable measure of the topic by looking at which congresses affected the budget and how.

*everyone knows its really some ZOG faggots and no elected officials have any real sway in significant policy decisions

the president at the time doesn't matter. (((the fed))) will make excuses to print or not at their own whims.

presidents are there to conveniently point fingers at when the reactions are not great. so much fuss over who to blame. praise is non-existent or very rare.

In Carter's defense, Johnson really did the economy dirty when he "bought" Treasury bonds to fund the war in Vietnam with the money from the social security trust fund and Nixon had to get hyper inflation under control. It passed on to Carter's term.

Reagan, don't get me started because he signed gun control laws into effect in California before he became president and then spent massive amounts of money as president. He did some things well, but definitely not my favorite.

Sr. Bush was a globalist piece of crap.

Clinton was the beneficiary of the early tech boom and the increase in productivity due to it. He also had Gingrich holding his feet to the fire as speaker of the house. Gingrich should get the credit there.

Bush jr. Well, the apple didn't fall far from the tree.

Obama,I think your numbers are completely wrong there (same as Biden).

I never claimed Trump was that great and I believe the plandemic drove a big part of that debt. He has both houses of Congress this time around, so we'll see how it ends up before I get down on him too much

Presidents don't write the budgets

The end of the Cold War led to an end in military spending (and decline in the US budget deficit), which was a disaster for the Military Industrial Complex, and why the War on Terror psyop was begun.

its like that propaganda that keeps vomiting the same ol'

"democrats oversee better economies"

but when i cite detroit and LA and other blue shitholes.

suddenly its just screaming.

This was written by one of those whiny alphabet soup Jews like Lewis Black who think you can fund an economy on Foucauldian powerknowledge. Democrats lower the deficit. They do this by increasing spending, then increasing taxes by an even greater amount. The result is a lower deficit. Democrats raise the debt more than anybody else. Republicans raise the deficit because they cut spending slightly and then cut taxes more. Democracts regularly increase the tax burden of the middle class, and Republicans regularly soothe the tax burden for C-suites. Democrats like to act like spending more money that isn't theirs will make us not owe money to China anymore, and Republicans like to talk about reducing spending and then not reduce spending.

The number that actually matters is inflation-adjusted net public debt. Nixon put the country on fiat-only and here's what's happened since:

* Under Ford, the debt increased
* Under Carter, the debt increased
* Under Reagan, the debt increased
* Under Bush, the debt increased
* Under Clinton, the debt increased (although only slightly--mostly it was flat during this period)
* Under W. Bush, the debt increased
* Under Obama, the debt increased
* Under Trump, the debt increased
* Under Biden, the debt increased
* Under Trump 2, the debit is increasing

It is true synergy.