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发表于 2020-4-20 06:44:01
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{"replyTo":"","text":"Do you also remember that a large part of that was to get the country out of the recession due to the housing collapse that was caused by the deregulation of the financial industry. The bill that led to the deregulation was headed by Phil Gramm(R) of Texas and was lobbied by Enron to draft the bill. Gramm’s wife was also on the board of Enron and they were a major contributor to his campaign. So, while the debt may have doubled ($10.6 to 19.4 trillion is not triple, I checked the math) under Obama, the reasons behind it going up so drastically we’re spurred on by RepubliCONS. It also doesn’t take inflation into account. $100 in 1916 is equivalent to over $2200 in 2016. Just as a reminder for the ill informed here, it is Congress that passes tax and spending legislation. As a side note, at the rate money is being spent under the current administration the debt will double again before 2024 should the orange menace be re-elected. Although, I’m sure you will then say that it was not his doing","replyToPid":358039} |
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