Long live The King of Debt!

Donald John Trump once boasted that he is the King of Debt.

He also bragged that as president he would eliminate the national debt after eight years.

The King of Debt is even farther from fulfilling his pledge make the nation debt-free. But, by golly, he remains the King of Debt.

The president’s latest proposed budget is a doozy. It’s a record-setting $4.75 trillion. The debt? It stands at $22 trillion. It’s growing too, right along with the size of the annual budget deficit.

Those of us who call ourselves “deficit hawks” must be twisting ourselves into knots. I am.

Deficits endanger the nation

I don’t like my government running up so much debt. I didn’t like it when George W. Bush did it after inheriting a balanced budget from Bill Clinton. Then President Bush handed the presidency over to Barack Obama, who then rang up even more staggering debt, even while whittling down the annual deficit by roughly two-thirds before he handed the White House keys over to Donald Trump.

Trump, of course, had made many bodacious boasts about what he would do as president.

He cut taxes for a lot of rich Americans. The job growth, which has been stellar during his two years as president, hasn’t yet produced enough revenue to counteract the revenue lost by the tax reductions.

Now comes a proposed budget. He wants to slice domestic spending by 5 percent across the board while increasing defense spending.

Trump is going to hand out blame to congressional Democrats. He won’t accept any of it himself for the debt that continues to zoom into the budgetary stratosphere. That’s not his modus operandi. He is hard wired to take credit he doesn’t deserve and pass of blame when he should step up and take responsibility.

The King of Debt is alive and well. The debt destroyer is long gone.

Leave a Reply