Federal deficit jumps 20 percent after tax cuts, spending bill

[My Spot]

Typical Rube, criticize Trump, somehow makes you an Obama lover.

We're just wondering why you didn't have a problem with it before.

 

[Scheme]

Typical Rube, criticize Trump, somehow makes you an Obama lover.


Going with you gut on that or do you have proof, other than Cohen's 3rd Client telling you about Obama raising the deficit, but wont mention his lawyers client doing the exact same thing. .

https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm
https://tradingeconomics.com/united-states/government-debt
https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

You can just look at the raw numbers or look at the last link for the number.

 

[44nutman]

We're just wondering why you didn't have a problem with it before.

Had a problem then, hated the fucking bailouts, was not old enough to be pissed off at Reagan for destroying the budget. Criticized Bush for war spending.
I do not want to live in a country whose biggest budget expense is interest payments. That is stupid. It is like someone paying minimum on their large credit card debt every month, they will never get out of debt that way. We will not get out of debt continuing to borrow money.
That day is coming because nobody wants to deal with the budget.
Trump and everyone in the GOP campaigned on the budget and since he has been elected he has added to it, and talking about another round of tax cuts for the wealthy, which is not going to help.

 

[My Spot]

Had a problem then

So why no threads? Why no posts despite being on here since 2010?

 

[44nutman]

https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo5.htm
https://tradingeconomics.com/united-states/government-debt
https://www.thebalance.com/us-debt-by-president-by-dollar-and-percent-3306296

You can just look at the raw numbers or look at the last link for the number.

You just proved my photo. Obama raised it a lower percentage than Bush.

 

[44nutman]

So why no threads?

SO why no threads on Trump raising the deficit, from you ?

 

[My Spot]

SO why no threads on Trump raising the deficit, from you ?

I don't make threads in here, yet you do. Where were all your concerns over spending in 2010 (when you joined)?

 

[Scheme]

You just proved my photo. Obama raised it a lower percentage than Bush.

Your photo had Obama at 1/3rd of his actual % increase in debt. Also, GDP vs debt ratio is a much more useful figure than % debt increase.

Also, I never defended Bush, or republicans in general. I just said if you really think that Obama only raised the national debt by 23% then you are either uninformed or willfully ignorant.

Obama fares much worse on the GDP vs debt ratio:

https://tradingeconomics.com/united-states/government-debt-to-gdp

 

[My Spot]

Your photo had Obama at 1/3rd of his actual % increase in debt. Also, GDP vs debt ratio is a much more useful figure than % debt increase.

Also, I never defended Bush, or republicans in general. I just said if you really think that Obama only raised the national debt by 23% then you are either uninformed or willfully ignorant.

Obama fares much worse on the GDP vs debt ratio:

https://tradingeconomics.com/united-states/government-debt-to-gdp

He thinks you love Bush and/or Trump if you criticize his beloved Obama. Oh the irony.

 

[Madmick]

This is a great opportunity to cut federal spending. Since that is Congress’s job, and Democrats want to increase spending (in addition to raising “revenue”), it’s very important that Conservatives vote in November.

They want to increase spending, but they also want to increase taxes. The Republican at the wheel wants to cut taxes, but far beyond what they wish to cut taxes.

I'm happy, at least, that we're slowly reducing the budget as a percentage of the GDP.
https://www.whitehouse.gov/wp-content/uploads/2018/02/budget-fy2019.pdf

 

[44nutman]

I don't make threads in here, yet you do. Where were all your concerns over spending in 2010 (when you joined)?

You seem to be making lots of excuses for Trump adding Trillions to the deficit.
I have criticized Obama for the deficit , and so I have you. The difference is your silence on Trump adding trillions to the deficit.
So I guess deficits only matter when Obama does it.
I find it hilarious when people bring up Trump adding trillions to the deficit, the Trump Lickspittles immediately point fingers at Obama, which I agree he spent a shit load of money, but never ever address that Trump is doing the same thing.
This is what Trump said during the campaign
"It can be done. ... It will take place and it will go relatively quickly. ... If you have the right people, like, in the agencies and the various people that do the balancing ... you can cut the numbers by two pennies and three pennies and balance a budget quickly and have a stronger and better country."
So are you only concerned with spending when a democrat does it or do you hold Trump to a different standard?

 

[D3thr0n3d K1ng]

People are beginning to figure out that the government really doesn't care about them. Naturally they prefer to keep more of their hard earned money.

Is that why socialists are winning elections again for the first time since the 1920s?

 

[Wingslaught]

This is ridiculous. Obama has done more to reduce debt than any president in decades. Meanwhile, the Trump tax cuts already put him near the top in terms of deficit-increasing presidents. Furthermore, three of the last four Republican presidents acted to substantially increase debt, while the last three Democratic presidents acted to reign it in.

I'm curious to know what sorts of mental gymnastics you're doing to equate Obama's near doubling of the debt with any kind of significant reductions. What are you referring to exactly? Obamacare's long-term projected savings?

 

[JamesRussler]

They want to increase spending, but they also want to increase taxes. The Republican at the wheel wants to cut taxes, but far beyond what they wish to cut taxes.

I'm happy, at least, that we're slowly reducing the budget as a percentage of the GDP.
https://www.whitehouse.gov/wp-content/uploads/2018/02/budget-fy2019.pdf

I'm assuming you meant to say "spending," as in "The Republican at the wheel wants to cut taxes, but far beyond what they wish to cut spending." If so, then yeah I agree.

 

[Wingslaught]

Well history, says you don't know what the fuck you are talking about.

Says the guy who posts an absurdly inaccurate and disingenuous meme depicting Republicans as the debt losers. Clinton did a good job, Obama not so much.

Republicans have lost all credibility on debt. They continue to add to it and that started with Reagan blowing up the budget.
Deficit Donny has borrowed the most money as President this year since 2008 which was a recession, and still talking about cutting taxes even more.

Tax cuts are a good thing, imo. I'll never understand the left's obsession with raising taxes. If you have so much extra money you don't need why not donate it to charity or something.

It would be like me buying another car, making payments on said car and then deciding to work part time. That is currently Deficit Donny's approach. If we give Deficit Donny more time, he will treat the US like one of his casino's. Interest payments will be the highest expenditure of our budget and the GOP's plan is to cut taxes on the rich.
The GOP doesn't care because they have managed to dupe the Rubes into thinking the GOP cares about the deficit, when truth be told, the GOP gives zero fucks about the deficit.

Let's hope you're wrong because if neither party has the political will to cut spending the debt problems will only get worse. We're not going to tax our way into prosperity.

 

[JamesRussler]

Conservatives won't cut spending because they are all big government spenders. They want to go around the world and waste trillions of dollars on new wars that never end.

I think those are called "Neocons." I'm kind of new to this side of the aisle, but the impression I get is that they're pretty well hated. Here's my least favorite Neocon, Lindsay Graham beckoning for another "regime change."



^^^ Is this the type of "Conservative" you're talking about?

 

[AtomicPanther]

What?

Troll.

If only this forum were moderated........

Make America Broke Again

 

[Prefect]

Got some sources/links for those claims?

I literally just got done pointing out that Congress controls the budget, and you bring up the last two Democratic presidents. Who controlled Congress when Bill Clinton was president? Who controlled Congress for most of Obama’s term? If you’re suggesting that Democratic policies reduce the budget deficit, I’m sorry but nobody on Earth believes that.

Kind of looks like that.

 

[tehJameson]

Lol at trumptard rebuttals. "What about Obama and the Clintons?"

What about them? They're not in office, the cheeto colored moron is.

 

[ShadowRun]

Guys if we don’t pay our tax money this adds to the debt don’t you know