George W. Bush inherited a balanced budget in 2001, and was going to have trillions of dollars in budget surpluses over the next several years. Instead, he massively increased government spending and plunged America into permanent debt. Why did he do it? Was he a secret agent whose mission was to destroy the US from the inside?

>>513989222 (OP)
Pull it.

>>513989222 (OP)
>Why did he do it?
because his father and basically his whole family are glownigger jews.

>>513989317
George W. Bush initially pledged that the Iraq war would cost no more than $75 billion. Which is significant, but would have been manageable under the budgets of the time. He lied.

>budget
Because it (post-9/11) sent U.S. fiscal policy and economy on the path to 2008 bailouts, which was the final end of Capitalism itself.
After 2008 all HNW entities, corporations, sovereign governments (<-U.S. included), hedge funds rely 100% totally completely on infinite supplies of debt note fiat currency from central banks in order to prevent immediate implosion.
Whatever this is rn 2009-2025, isn't 'capitalism'.

>>513989222 (OP)
I keep trying to tell you that Republicans are horrible for the economy and spend more than Democrats

>>513989395
This

>>513989395
>>513989494
>his whole family
Arkansas Governor Bill Clinton ran cocaine out of Mena Airport in 1980s for GHWB in Iran-Contra.
GHWB (not ronnie raygun) was the actual president of the United States 1981-1992

>>513989222 (OP)
Clinton created the housing bubble crisis of 2008
>wow look at all the money we made through fraud
>the next guy sure fucked it up
retard

>>513989222 (OP)
Without teaching you how modern monetary theory works, what the triffin paradox is and why a national reserve currency backed by petro operates and of course the ever present political grift off of taxpayer dollars...a simple answer will have to suffice.

Without government deficits the US and global economy will stutter and collapse.

Anyone who says they actually want to balance the budget is a liar or a fool. Clinton was both, but benefited from a extreme spurt of productivity that coinciding with a welfare reform gave a short lived surplus.

>>513989635
I'm not sure there's much of a difference between the current economic system and a communist command economy.

>>513990711
Don't need to balance the budget, just need to enforce a massive diet.