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Who is running in 2028 for POTUS

Foxmeister

Well-Known Member
There was a time when being fiscally conservative was synonymous with being called a Republican, but it seems the party has shifted away from that. I had hoped he would begin really addressing that issue when he enlisted Elon Musk to look into government waste, but that story seems to have faded away. I still have lingering questions about what really happened there.

But you're right. He hasn't nearly been as fiscally conservative as some of his Democrat predecessors like Bill Clinton, who successfully balanced the budget and even achieved federal surpluses for four straight years.
Clinton achieved those budget surpluses with a Republican majority in Congress. Clinton had Dick Morris as his political advisor. Morris advised him to take a more moderate approach on issues and used public opinion polls to convince Clinton on what legislation to support.

The money Musk said DOGE saved the taxpayers was according to the Congressional Budget Office were greatly over-exaggerated. The largest budget reductions came from cutting down the payroll in government departments. In fact, some of these cuts actually hurt departments like the IRS and USDA. They had to rehire many of those cut back. DOGE was eliminated by the end of 2025/early 2026. It was nothing more than a dog and pony show Trump put on for the American people to convince them he was doing a fantastic job reducing spending. In reality, spending under Trump increased and to date in this term has increased the national debt by $3.83 trillion.
 

Foxmeister

Well-Known Member
This nation wide election results - was IMHO - - an Anti-Trump Vote.
If Vance were to be the R- nominee in '28 - he would probably loose being too close to Trump.

If that were to be the case - Mike Pence may be an excellent choice!
Rubio would also lose for his close association with Trump. I think most Republican Senators or members of the House would face the same fate. It would have to be a Republican who isn't currently in Congress or part of the Trump administration who would have the best chance at winning. I think at this time, DeSantis would be a great candidate. I wouldn't rule out Nikki Haley either. We could see a DeSantis/Haley ticket.
 

KenH

Well-Known Member
Clinton achieved those budget surpluses

There were no surpluses. The national debt continued to increase each year.

End of Fiscal YearDebt (in Billions, Rounded)

1991$3,665
1992$4,065
1993$4,411
1994$4,693
1995$4,974
1996$5,225
1997$5,413
1998$5,526
1999$5,656
2000$5,674
2001$5,807
2002$6,228

If one looks at this chart, the last fiscal year that the national debt did not increase was 1957 - https://www.investopedia.com/us-national-debt-by-year-7499291

Apparently, this website stopped updating the national debt amount somewhere in the middle of fiscal year 2025. One can also find the national debt as published by the U.S. Treasury at https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny

Here is my spreadsheet based on the U.S. Treasury numbers starting at September 30, 1999:

1793828516311.jpeg
 
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KenH

Well-Known Member
To update the numbers to November 3, 2026, the national debt is now $40.547 trillion, which is an increase of $376 billion over the first 34 days of the 2027 fiscal year. If the total increase for the first 34 days is extrapolated all the way to the end of the fiscal year on September 30, 2027, the total increase in the national debt would end up being $4.032 trillion.
 

Ben1445

Well-Known Member
To update the numbers to November 3, 2026, the national debt is now $40.547 trillion, which is an increase of $376 billion over the first 34 days of the 2027 fiscal year. If the total increase for the first 34 days is extrapolated all the way to the end of the fiscal year on September 30, 2027, the total increase in the national debt would end up being $4.032 trillion.
It would be interesting to see how the numbers compare adjusted for inflation.
(Ignoring for a moment what part they have in the cause of it)
 

Kai

Active Member
Lol, thank Newt for that, not slick Willie.

I don't believe the method of getting something done is all that important, as long as it gets done.

As far as I can tell, Mr. Trump has not prioritized balancing the budget in either one of his terms. You might argue that he tried to do something about it through his use of tariffs, but we saw how that all played out in the SCOTUS.

The reality is that there hasn't been a sincere, bipartisan effort to tackle our rapidly increasing debt in decades, and we're all going to pay for it one day.
 
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