'Yeah, but I won't be here': Trump lays bare the GOP's hypocritical double standard around mounting federal debt

'Yeah, but I won't be here': Trump lays bare the GOP's hypocritical double standard around mounting federal debt

Republicans can be very inconsistent when it comes to the federal deficit, downplaying the importance of rising deficits under President George W. Bush or President Ronald Reagan but declaring that the federal deficit under President Barack Obama would surely be the United States’ downfall. This pattern has continued in the Trump era, with President Donald J. Trump showing little or no concern for how much the deficit will increase under his watch. And when the president was reminded how unwieldy the deficit could become in the future after he leaves office—whether that’s in early 2021 or early 2025—his flippant response was, “Yeah, but I won’t be here.”


Trump, according to the Daily Beast, made that comment in early 2017 during a discussion on how high the federal deficit would ultimately become. Rather than focus on tax hikes for the 1%—which he is vehemently opposed to—or spending cuts, Trump seemingly believes that growth alone can reduce the deficit. And even some conservatives are concerned over the indifference he has expressed where the United States’ growing debt is concerned.

In the Daily Beast, an anonymous Trump Administration senior official is quoted as saying that Trump “doesn’t really care” about the “crisis” of a huge deficit and chooses, instead, to focus on “jobs and growth, whatever that means.”

The Daily Beast also quotes a former Trump Administration official as saying that 

Trump “isn’t a doctrinaire conservative who deeply cares about the national debt, especially not on his watch” and that the deficit is “not actually a top priority for him.”

That anonymous Trump associate is also quoted as saying, “It’s not like it’s going to haunt him.” 

In other words, “Yeah, but I won’t be here.”

Understand the importance of honest news ?

So do we.

The past year has been the most arduous of our lives. The Covid-19 pandemic continues to be catastrophic not only to our health - mental and physical - but also to the stability of millions of people. For all of us independent news organizations, it’s no exception.

We’ve covered everything thrown at us this past year and will continue to do so with your support. We’ve always understood the importance of calling out corruption, regardless of political affiliation.

We need your support in this difficult time. Every reader contribution, no matter the amount, makes a difference in allowing our newsroom to bring you the stories that matter, at a time when being informed is more important than ever. Invest with us.

Make a one-time contribution to Alternet All Access, or click here to become a subscriber. Thank you.

Click to donate by check.

DonateDonate by credit card
Donate by Paypal

Don't Sit on the Sidelines of History. Join Alternet All Access and Go Ad-Free. Support Honest Journalism.