He can probably thank Bush I for most of that. By most accounts, his tax increase (the one that got Clinton elected) accounted for as much as 60-70% of Clinton's budget surplus. The more you know. . . . the more you know that partisanship is stupid.
LOL ... the highest GDP under Trump as 2.97% and the highest under Obama was 2.95%.... Biden checked in with an amazing 5.80%, BTW ... Biden had the magic wand. Trump also pulled a -2.21% one year compared to Biden's lowest of 1.84%. U.S. GDP Growth Rate 1961-2025 | MacroTrends
Trump’s economic policies are like a wet fart on a first date inside a beat up pickup truck with the doors locked and the windows rolled up. He forces them and his followers will inhale his flatulent deeply, but everyone else is vomiting from the stench with watering eyes.
BTW, Obama's magic wand quip was actually about Trump's claim that he would bring manufacturing jobs back to America his first term. Guess what ... Trump lost another 200,000 manufacturing jobs during his first 4 years. Obama was right, and could see right through the fraud Trump is and was, unlike @92gator, chief inhaler.
Bingo. Clinton: $9b from OP’s post. Clinton was articulate and clear. Elon: $2T made up number and sends in Pimple Team 6
If you're going to call me "Sonny" can I call you "Gramps"? I don't want to insult you but it sounds like you're a liberal who's taken more than a few trips around the sun. Are you a Reagan hater? He won 49 of 50 states in 1984. Must have done something right. Reagan was before my time but i know he reduced the lowest tax rate from 14% to 11%. The top marginal personal tax rate was reduced from 70% to 50% and then to 28%. The top capital gains tax rate was reduced from 28% to 20% and then it was returned t ok 28%. Government revenues adjusted for inflation increased significantly after the Reagan cuts took effect in 1983. Inflation fell sharply from the 10.4% it was around 1981. Government spending decreased as a percent of GDP each of Reagan's final 4 years. The tax rate decreased were very good for the stock market as well. When I'm talking about cutting taxes I mean tax rate cuts
First off it’s granny. Second Reagan made some horrible mistakes his first term in regard to policy and cabinet picks, causing a low approval rating in the mid 30s. Third he learned from those mistakes turning things around. Finally Reagan was a great communicator, far better than Trump, and his policies that got him re-elected are why he would never be elected as a Republican today.
When Clinton reduced the number of government positions he did so following authorization from Congress and only after an extensive review. Although I'm sure that you are most likely unaware the Reinventing Government Initiative required a comprehensive study that took place over several months. Clinton launched the review in March 1993 and its recommendations weren't released until September 1993 and even then it's recommendations required a Congressional review. If Trump followed the same procedures as Clinton virtually no one would be objecting. I was employed by the Federal government when Clinton was president and my agency achieved its goal of reducing the number of positions through an offer of early retirement and normal attrition. No employees were involuntarily terminated and especially not with virtually no advance notice. National Partnership for Reinventing Government - Wikipedia In March 1993, President Bill Clinton stated that he planned to "reinvent government", declaring that "Our goal is to make the entire federal government less expensive and more efficient, and to change the culture of our national bureaucracy away from complacency and entitlement toward initiative and empowerment."[3] Clinton assigned the project to Gore with a six-month deadline to develop the plan. The National Performance Review (NPR) released its first report in September 1993, listing 384 recommendations.[4] The report was the product of months of consultation with government departments and the White House, consolidating 2,000 pages of proposals.[3] NPR promised to save the federal government about $108 billion: $40.4 billion from a "smaller bureaucracy", $36.4 billion from program changes, and $22.5 billion from streamlining contracting processes.[4] The recommendations variously required legislative action, presidential action, internal bureaucratic reform, or combinations of them.[3] The major targeted bureaucracies were the Departments of Agriculture, Interior, Health and Human Services (HHS), Labor, and Housing and Urban Development (HUD), and the Agency for International Development (AID).[4] The first annual status report claimed that, pending Congressional action, likely savings would amount to about $12.2 billion in 1994.[4] In 1993, Congress rejected many NPR proposed departmental cuts, demonstrating that NPR could not achieve its goals without congressional support.[4] Kettl pointed out that "although [it] had a strategy leading to the release of its report on September 7, 1993, it had no strategy for September 8 and afterward."[4] Procurement reform bills were enacted, including the Federal Acquisition Streamlining Act of 1994, the Federal Acquisition Reform Act of 1995, and the Clinger-Cohen Act in 1996.[3] Since the purpose of the original post in this thread was to compare Trump and Clinton, it would be appreciated if the original poster could cite the legislation authorizing the Trump/Musk cuts. Just asking.
I don't think you're a granny. I bet you drink whiskey though. I like beer. Time for a 4 pak Reagan's approval fell into the 30's because he backed Paul Volker's raising of interest rates to stop inflation. Hard to think of another president who would have done that. Both Reagan and Trump were great communicators and both learned from their mistakes. If Reagan could have looked into the future he'd be backing what Trump and Elon are doing. If he could have gone back in time he would undo the 1986 Amnesty.
Previous presidents worked with Congress and various experts to decide how to reduce government. Trump is the first president stupid and foolish enough to work with a random billionaire on decisions to cut government. Trump is too stupid to realize that he does not have enough government experience (and neither does Musk) to do this effectively. And they do not appear to be consulting with any experts. Most of the Trump appointees are clowns and Fox News hosts.
Speech does not equal action. What jobs did Clinton cut before Congress passed the act? The answer is none. Zero. Nada. No, Clinton only acted after six months worth of review after his speech. And only with Congressional agreement.
Stop making crap up. He cut 100,000 within his first few week in office. Did you listen to the speech? Of course not, liberals ignore facts that don’t support their agenda.
By early 1982 Reagan was pressuring Volcker to reduce interest rates. Trump's attacks on the Fed may be intense, but they're nothing compared to a wild new story about Ronald Reagan from former Fed Chairman Paul Volcker The irony is that it was Paul Volcker's interest rate policies that were responsible for both Reagan's near landslide victory in 1980 and his overwhelming landslide in 1982.
A speech does not reduce the size of government. A law or executive order does. You may need to go back to the basics.
I would bet every I have that Trump won’t reduce the deficit below zero (a surplus) like Clinton did. Hell, he’s already demanding a big beautiful omnibus 3 trillion dollar spending bill.
