Deficit blaming
In response to “Awash in red ink: U.S. posts record $3.1T 2020 budget deficit,” Oct. 16.
I owed my friends a trillion dollars so I borrowed three trillion from the Federal Reserve and paid my friends off. I also gave them free vacations, boats, new cars and other gifts. They said I was an excellent businessman with a very, very large brain and called me a very stable genius. Now I owe three trillion dollars which I have no means of paying. Not to worry, I’ll blame the Democrats.
President Trump spent his first three years borrowing a trillion dollars per year in deficit spending. In 2020 he borrowed even more, threw the economy into recession, and tripled the Federal deficit. His supporters claim he created the “best economy ever,” but it’s all borrowed money and there is no way to pay off the worst national debt since WWII. Not to worry, he’ll blame the Democrats.
Paul Oman
Clarkston
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