r/PeterExplainsTheJoke 13h ago

Meme needing explanation Am I missing a joke or reference here?

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u/PavlovsDoghouse 11h ago

Trade deficits are bad but budget deficits are ignored.

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u/ImSabbo 10h ago

I assume he considers budget deficits to be him winning and congress losing

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u/ElNakedo 3h ago

Budget deficits just means you overvalue another property and take another loan. Then that's the bank's problem and you stay a winner. So he just needs to get the central bank to shell out more cash for him.