In a New Orleans Advocate column dated May 10 titled, "Recession and the 2024 Campaign" York of the Washington Examiner continues to display his ignorance concerning federal spending in the federal budget. His ignorance is also displayed in his comments concerning the GOP's predictions of an economic recession they have been pushing for the past 15 months that has failed to take place. Is it really ignorance or just the plain fact that York is a ditto head of the Trump/GOP alliance that enjoys dealing in misinformation to his public audience and reader ship?
York writes Biden's federal spending has been stratospheric. But, stratospheric federal spending actually defines what took place on Trump and the GOP's watch when federal spending hit the $4, $5 and $6 trillion mark in only 4 fiscal years for the first time in American history. And as of this day, federal spending under Biden has not exceeded Trump's spending and in fact Biden's very first fiscal year budget came in 8% lower than Trump's last fiscal year budget which was $6.8 trillion. Trump's third fiscal year budget came in at $6.5 trillion. Biden's first budget came in at $6.2 trillion.
Trump and his GOP were the very first administrations to cross the trillion dollar threshold 3 times and in only 4 years. Reagan crossed the threshold one time being the first President to cross the trillion dollar mark. Bush 43 crossed it twice being the first to cross the 2 and 3 trillion mark. In 8 years Clinton never crossed the trillion dollar mark and Obama never crossed the 3 trillion mark in his 8 fiscal years.
What York, Trump and the GOP will never talk about is the record deficit number Trump added to the national debt in just 4 short fiscal years, $8.2 trillion. No other administration has come even close to that number in any one term. The large increases in federal spending and the national debt since Reagan was elected can be defined as devastation on the republican watch and the record backs it up. York and his ditto heads have nothing to offer the American people but deception. And sadly, they like it that way.
This commentary written by Joe Lorio
No comments :
Post a Comment