When and why did the deficit become such a major concern
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I Self Lord & Master
Members Posts: 2,998 ✭✭✭✭✭
Im 24 years old, so i remember when the deficit was literally nothing more than an obscure tourist attraction in Lower Manhattan. (the debt clock)
It has been in the trillions for several decades and it hasn't garnered the faintest of interest from the public nor politicians until relatively recently. Suddenly, almost out of nowhere, its one of , if not the , most important matter of concern within the nation.
It became a hot topic within the media which led to citizens becoming aware of it, now all kinds of social budget cuts are being made and the debt is being used as the 'justification'.
WHY?
Why does it matter now, and not THEN.
It has been in the trillions for several decades and it hasn't garnered the faintest of interest from the public nor politicians until relatively recently. Suddenly, almost out of nowhere, its one of , if not the , most important matter of concern within the nation.
It became a hot topic within the media which led to citizens becoming aware of it, now all kinds of social budget cuts are being made and the debt is being used as the 'justification'.
WHY?
Why does it matter now, and not THEN.
Comments
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A Democrat got elected president.
/thread -
shootemwon wrote: »A Democrat got elected president.
/thread
please elaborate
Clinton was elected as well not too long ago. His tenure was considered a "prosperous" time for americans during his tenure even w/ trillions of debt -
I Self Lord & Master wrote: »please elaborate
Clinton was elected as well not too long ago. His tenure was considered a "prosperous" time for americans during his tenure even w/ trillions of debt
When Clinton came into office, many Republicans were crying about overspending and the need for debt reduction. It lead to gridlock in the budget process and the government shut down. The public sided with Clinton, and the GOP was forced to compromise. However, we later balanced the budget under Clinton, and were beginning to reduce the national debt, so who could complain? -
^^^? , what a terrible and useless post.
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shootemwon wrote: »^^^? , what a terrible and useless post.
rofl yoooooo its not even worth it fam. I just got into it with dude in another thread -
Conservatives love talking deficit reduction (by means of cuts) during a Dem presidency because it deflates the public sector's market share, paves the way for tax cuts, and undermines Dem economic strategy.
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shootemwon wrote: »When Clinton came into office, many Republicans were crying about overspending and the need for debt reduction. It lead to gridlock in the budget process and the government shut down. The public sided with Clinton, and the GOP was forced to compromise. However, we later balanced the budget under Clinton, and were beginning to reduce the national debt, so who could complain?
yup /thread... -
shootemwon wrote: »A Democrat got elected president.
/thread
This right here. Its a convenient political football that matches up well with a shaky economy. -
SawedOff-N-SkiMask wrote: »nah what I'm saying to u sounds like Martian talk becuz I'm using language you're not used to hearing about a conversation u don't usually have.
Aren't you the dude who claimed Washington DC had the legal authority to unilaterally declare statehood?
Right. -
Supreme trolling would involve being taken seriously by someone.
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Because a democrat and black man was in office so they make ? sound worse to make him seem worse.
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shootemwon wrote: »^^^? , what a terrible and useless post.
co-signature... ? that guy
