As the pandemic was happening, yes
by El Kabong (2024-02-12 15:16:00)

In reply to: Didn't Republicans and Trump pass  posted by Kali4niaND


Biden's was as the pandemic was waning and there was a lot of discussion at the time about whether it was needed.

But the "you can be FDR" crowd prevailed.


He was adding to the deficit significanty before COVID
by wpkirish  (2024-02-12 16:07:05)     cannot delete  |  Edit  |  Return to Board  |  Ignore Poster   |   Highlight Poster  |   Cannot reply

The trump tax cuts were supposed to lead to capital investments spurring the economy to such strenghts the deficit would be reduced. Of course that did not happen.

This quote is from the CBO Director in January 2020 before any COVID spending.

“Not since World War II has the country seen deficits during times of low unemployment that are as large as those that we project — nor, in the past century, has it experienced large deficits for as long as we project,” Phillip Swagel, director of the CBO, said in January 2020.