US budget deficit running 11.8% higher this year

Conservative · Jan 19, 2020

MauiMan said:
There you go again. Nothing. No argument. You are directing criticism against a person (me) rather than maintaining any kind of position. This is called the ad hominem logic fallacy. I’ll give you one more chance to make an argument, if you can.

Here you go,

The deficit is up 11.8% solely due to debt service and entitlement spending, obviously not a problem for you but nothing to do with Trump

Let's face reality for a change

Reagan left us with debt at 52% of GDP

Bush 72% of GDP

Obama 105% of GDP which is what it is right now three years later.

MauiMan · Jan 19, 2020

Conservative said:
Here you go,

The deficit is up 11.8% solely due to debt service and entitlement spending, obviously not a problem for you but nothing to do with Trump

Let's face reality for a change

Reagan left us with debt at 52% of GDP

Bush 72% of GDP

Obama 105% of GDP which is what it is right now three years later.

I’m measuring Trump against Trump’s promises, not Reagan, Bush, or Obama. Trump promised to get rid of the deficit in 8 years. But it just topped $1 trillion for the first time since 2012. Trump knew about entitlement spending when he made his promise. Entitlement spending is non-discretionary—if Trump didn’t know that when he made his promise, then he really is the moron Rex Tillerson said he is.

Conservative · Jan 19, 2020

MauiMan said:
I’m measuring Trump against Trump’s promises, not Reagan, Bush, or Obama. Trump promised to get rid of the deficit in 8 years. But it just topped $1 trillion for the first time since 2012. Trump knew about entitlement spending when he made his promise. Entitlement spending is non-discretionary—if Trump didn’t know that when he made his promise, then he really is the moron Rex Tillerson said he is.

And I am measuring Trump's results against history and it is the best three years of any President in modern history and that includes my favorite Reagan. You have no idea what has caused the deficit to go over a trillion dollars and are looking for someone to blame. I blame you for your own ignorance.

MauiMan · Jan 19, 2020

Conservative said:
And I am measuring Trump's results against history and it is the best three years of any President in modern history and that includes my favorite Reagan. You have no idea what has caused the deficit to go over a trillion dollars and are looking for someone to blame. I blame you for your own ignorance.

If he is doing so well, as you say, then why is the debt still at 105% of GDP? The same as—gulp—Obama! Shouldn’t Trump be reducing debt? Regale us with your theory as to how the debt will be eliminated by Trump—as he promised—over the next 5 years.

MauiMan · Jan 19, 2020

Conservative said:
And I am measuring Trump's results against history and it is the best three years of any President in modern history and that includes my favorite Reagan. You have no idea what has caused the deficit to go over a trillion dollars and are looking for someone to blame. I blame you for your own ignorance.

Trump is rated among the worst Presidents in American history. He is even rated below James Buchanan, Franklin Pierce, and Andrew Johnson. A really bad President.

Historical rankings of presidents of the United States - Wikipedia

Conservative · Jan 20, 2020

MauiMan said:
I’m measuring Trump against Trump’s promises, not Reagan, Bush, or Obama. Trump promised to get rid of the deficit in 8 years. But it just topped $1 trillion for the first time since 2012. Trump knew about entitlement spending when he made his promise. Entitlement spending is non-discretionary—if Trump didn’t know that when he made his promise, then he really is the moron Rex Tillerson said he is.

Promises seem to bother you when it comes to Trump but every President has made promises they haven't kept. Trump has been in office 3 years, I will hold him accountable for his results AFTER 8 years but in the meantime I will celebrate the successes generated while you continue to whine

I find it interesting your cafeteria approach to everything Trump does, picking and choosing what you want to demonize him for. He has keep more promises than any other President during his first three years in office but you just want to ignore that reality and continue the politics of personal destruction

Conservative · Jan 20, 2020

MauiMan said:
If he is doing so well, as you say, then why is the debt still at 105% of GDP? The same as—gulp—Obama! Shouldn’t Trump be reducing debt? Regale us with your theory as to how the debt will be eliminated by Trump—as he promised—over the next 5 years.

Because it isn't growing like it was during every other Administration and that is amazing with 7 interest rate hikes during his three years. I find it interesting that you have no understanding of the budget line items thus no understanding that the American people are all better off today than 3 years ago and are getting a much better return by keeping more of what they earn vs. Obama

Conservative · Jan 20, 2020

MauiMan said:
Trump is rated among the worst Presidents in American history. He is even rated below James Buchanan, Franklin Pierce, and Andrew Johnson. A really bad President.

Historical rankings of presidents of the United States - Wikipedia

LOL, ratings after 3 years in office?? Oh, my I rate him based upon the following:

Federal Dollars going to the states
DP and Dollar change
2013 16974.9
2014 17527.7 552,8
2015 18224.8 697.1
2016 18715.0 490.2
2017 19519.4 804.4
2018 20580.2 1006.1 Notice the drop from 697 billion growth to 490 billion growth then the surge. Trump inherited the 18.7 economy that is now approaching 22 trillion

Then there is this which Trump inherited and the comparison today. Anyone that claims the GDP growth now is similar to what Obama had is the true hack and totally has no credibility

2016 GDP growth 490 billion 1.6% annual vs 804 billion annual growth to over a trillion in 2018-2019
Unemployment Rate 4.7% January 2017 vs. 3.5% today

Employed 152.2 million January 2017 to 158.8 million today so 6 million job growth from 2008 to 2017(146 million to 152 million) is celebrated but 6.6 million growth I the last two years isn't!! LOL

U-6 in January 2017 9.3% vs 6.7% today? Wow!! 2.6% better U-6 obviously meaningless to you

Part time for economic reasons, 5.7 million January 2017 vs. 4.3 million today? Looks to me that incredible job growth you claim was boosted by part time jobs

African American unemployment 8.0% vs. 5.9% today? That explains the surge in support from African Americans for Trump

Divine_Wind · Jan 20, 2020

MauiMan said:
US budget deficit running 11.8% higher this year

"The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years."

"The country has not experienced $1 trillion annual deficits since the period from 2009 through 2012 following the 2008 financial crisis."

————————————————

The Clinton Presidency was the last time there was a budget surplus.

Trump vowed to cut the national debt “very quickly”. Was he lying? Is the United States his next bankruptcy?

Trump promised to get rid of the deficit in 8 years. But it just topped $1 trillion for the first time since 2012. | Markets Insider

Obviously "the Greatest President ever!" is running the nation like one of his casinos.

Eriech · Jan 20, 2020

MauiMan said:
US budget deficit running 11.8% higher this year

"The U.S. budget deficit through the first three months of this budget year is up 11.8% from the same period a year ago, putting the country on track to record its first $1 trillion deficit in eight years."

"The country has not experienced $1 trillion annual deficits since the period from 2009 through 2012 following the 2008 financial crisis."

————————————————

The Clinton Presidency was the last time there was a budget surplus.

Trump vowed to cut the national debt “very quickly”. Was he lying? Is the United States his next bankruptcy?

Trump promised to get rid of the deficit in 8 years. But it just topped $1 trillion for the first time since 2012. | Markets Insider

Nancy Pelosi as Speaker is the common denominator, now and then.
Love that they use a so called one time trillion dollar emergency bail out/stimulus expenditure as Obama's baseline. Spending that Obama voted for as senator and was consulted with during his transition. Nearly all that was allocated was still unspent when he took office.

Sent from my SM-G892A using Tapatalk

Conservative · Jan 20, 2020

Eriech said:
Nancy Pelosi as Speaker is the common denominator, now and then.
Love that they use a so called one time trillion dollar emergency bail out/stimulus expenditure as Obama's baseline. Spending that Obama voted for as senator and was consulted with during his transition. Nearly all that was allocated was still unspent when he took office.

Sent from my SM-G892A using Tapatalk

Plus the reality that the Bush budget submitted as required in 2007 was DOA according to the Democrat Controlled Congress so we operated under CR's until a budget was signed by Obama in March 2009. The left continues to ignore mandatory and discretionary budgets, seem to believe that a budget is a spending appropriation bill when it isn't.

The left also ignores that TARP which recapitalized the banks was a LOAN as was the money loaned to GM by Bush vs. the takeover by Obama. No liberal can explain where the payback of those loans in 2009 went, nor can they explain why the stimulus for shovel ready jobs didn't create the new taxpayers promised. Just goes to show the partisanship that Obama knew would happened after he took office as his supporters would blame Bush for the 2009 deficit

bluesmoke · Jan 20, 2020

Conservative said:
Public means gov't, private means individuals and business. I have posted the numbers only to be ignored, what numbers do you want to see? Give me what you want me to compare Trump vs Obama and I will comply?

Please tell me how gross private investment hurts you or your family and I will counter with how public spending never generates the promised results but does create more dependence

I await relevant numbers that you want me to compare because obviously GDP, Employment, Unemployment aren't included in your list

"Public means gov't, private means individuals and business. I have posted the numbers only to be ignored, what numbers do you want to see? Give me what you want me to compare Trump vs Obama and I will comply?"

This is why getting accurate, germane and pertinent information from you takes so long. You just asked my what numbers to give, after I already specified those numbers by having asked in the immediate prior post "...how about you compare gross private domestic investment of the two?". You are slippery and evasive because you can't show where Trump is any better than Obama. But, go ahead and pick-out a few other numbers of whatever kind that you think show a significantly better rate of trend under Trump than under Obama. You've posted figures before, but none that prove anything. Or, refer me to a past post of yours you say does so.

"Please tell me how gross private investment hurts you or your family and I will counter with how public spending never generates the promised results but does create more dependence"

I don't need to tell you anything. I'm not making any claim to do with what you say. You're the one making the claim. The burden of proof is on you. If you want to prove this claim, go ahead and provide the evidence. But, you're not countering me. I never said anything to be countered in the first place. Feel free to knock yourself out, though. Maybe you can tell me what the relevance is while you're at it.

"I await relevant numbers that you want me to compare because obviously GDP, Employment, Unemployment aren't included in your list"

Then include those data. Understand, I could care less about numbers that don't translate into helping the avg American. So, giving a huge tax cut to the rich and large corps does not and has not translated to any benefit to the avg American. But, gee, maybe you have the data to show that.

Conservative · Jan 20, 2020

bluesmoke said:
"Public means gov't, private means individuals and business. I have posted the numbers only to be ignored, what numbers do you want to see? Give me what you want me to compare Trump vs Obama and I will comply?"

This is why getting accurate, germane and pertinent information from you takes so long. You just asked my what numbers to give, after I already specified those numbers by having asked in the immediate prior post "...how about you compare gross private domestic investment of the two?". You are slippery and evasive because you can't show where Trump is any better than Obama. But, go ahead and pick-out a few other numbers of whatever kind that you think show a significantly better rate of trend under Trump than under Obama. You've posted figures before, but none that prove anything. Or, refer me to a past post of yours you say does so.

"Please tell me how gross private investment hurts you or your family and I will counter with how public spending never generates the promised results but does create more dependence"

I don't need to tell you anything. I'm not making any claim to do with what you say. You're the one making the claim. The burden of proof is on you. If you want to prove this claim, go ahead and provide the evidence. But, you're not countering me. I never said anything to be countered in the first place. Feel free to knock yourself out, though. Maybe you can tell me what the relevance is while you're at it.

"I await relevant numbers that you want me to compare because obviously GDP, Employment, Unemployment aren't included in your list"

Then include those data. Understand, I could care less about numbers that don't translate into helping the avg American. So, giving a huge tax cut to the rich and large corps does not and has not translated to any benefit to the avg American. But, gee, maybe you have the data to show that.

I await for you to learn how to accurately use the quote function when responding. Your total lack of understanding of data is based solely on your hatred of Trump and not reality that 2016 election is over and he was elected in spite of the charges you continue to levy against him and the results generated are as posted vs. what he inherited. Those numbers are what the American people are feeling but that doesn't resonate with radicals who are seeing their power eroded by people keeping more of what they earn. The entire deficit up 11.8% is due entirely to entitlement spending and debt service, none of which are under the control of the President

MauiMan · Jan 20, 2020

Rising Sun said:
Obviously "the Greatest President ever!" is running the nation like one of his casinos.

He’s just doing what he’s always done. Failing and blaming others for it—lying and cheating. It’s who he is.

Conservative · Jan 20, 2020

MauiMan said:
He’s just doing what he’s always done. Failing and blaming others for it—lying and cheating. It’s who he is.

View attachment 67272142

It is rather sad to see such anti American posts from people who aren't being hurt by Trump who is actually doing what our Founders created, putting personal responsibility issues back at the states. If you live in Hawaii you of all people should see what your state is doing for the citizens without any Federal help

Divine_Wind · Jan 20, 2020

MauiMan said:
He’s just doing what he’s always done. Failing and blaming others for it—lying and cheating. It’s who he is.

View attachment 67272142

Agreed. As the saying goes, a leopard can't change his spots.

MauiMan · Jan 20, 2020

Conservative said:
It is rather sad to see such anti American posts from people who aren't being hurt by Trump who is actually doing what our Founders created, putting personal responsibility issues back at the states. If you live in Hawaii you of all people should see what your state is doing for the citizens without any Federal help

You keep harping on Hawaii. I’m not a resident, so stick that in your craw.
My post is pro-American. I’m showing you the kind of man he really is. We need to get rid of him as soon as we can and get America back to greatness and world leadership. This guy is a major boob. Basically, he’s just a rich fop who will do anything for attention. That’s why he loves the rallies—he needs adoration (just like der fürer).

Conservative · Jan 20, 2020

MauiMan said:
You keep harping on Hawaii. I’m not a resident, so stick that in your craw.
My post is pro-American. I’m showing you the kind of man he really is. We need to get rid of him as soon as we can and get America back to greatness and world leadership. This guy is a major boob. Basically, he’s just a rich fop who will do anything for attention. That’s why he loves the rallies—he needs adoration (just like der fürer).

So where exactly is West Maui?? Your post isn't pro American as the President regardless of whether or not you like him is American and what you are doing is promoting anti American sentiment all over the world with your anti Trump rhetoric. You aren't changing any minds here just promoting the politics of personal destruction which is anti American

MauiMan · Jan 20, 2020

Rising Sun said:
Agreed. As the saying goes, a leopard can't change his spots.

As I read your post, I see a rainbow outside my window. I believe in God’s promises, too.

This man is a lier and a deceiver.

"When he lies, he speaks his native language, for he is a liar and the father of lies." John 8:44b NIV

MauiMan · Jan 20, 2020

Conservative said:
So where exactly is West Maui?? Your post isn't pro American as the President regardless of whether or not you like him is American and what you are doing is promoting anti American sentiment all over the world with your anti Trump rhetoric. You aren't changing any minds here just promoting the politics of personal destruction which is anti American

I’m in West Maui in the winter, but I’m not a resident here. I’m very wealthy and I can live where I want. The climate is pleasant here, and I like it.

Trump is a lier and a deceiver. These are indisputable facts. This President is not out to serve America—he is out to serve himself. This truth will come out in time. Meanwhile, the people who believe his lies continue to support him—no matter what he does. To his supporters he can do no wrong. Sound familiar?

This guy is nothing but a carnival barker. As P.T. Barnum said—"There’s a sucker born every minute."

Conservative · Jan 20, 2020

MauiMan said:
I’m in West Maui in the winter, but I’m not a resident here. I’m very wealthy and I can live where I want. The climate is pleasant here, and I like it.

Trump is a lier and a deceiver. These are indisputable facts. This President is not out to serve America—he is out to serve himself. This truth will come out in time. Meanwhile, the people who believe his lies continue to support him—no matter what he does. To his supporters he can do no wrong. Sound familiar?

This guy is nothing but a carnival barker. As P.T. Barnum said—"There’s a sucker born every minute."

So you are so wealthy that social issues are so important to you that rather than help solve them locally you want a federal bureaucrat to do it for you. So happy you are so wealthy, you see I celebrate your success not demonize it, What lies have I posted that supports Trump? That is liberal rhetoric not backed by anything factual.

Regardless of what you want to believe Trump HAS served America which is why the majority in this country support him on his economic policies and why the Democrats have lost the issues debate. You call him a liar which is your opinion, what has he lied about that affects you, your country or your family? You seem to do nothing but pile on without offering anything of substances, just baseless charges

Divine_Wind · Jan 20, 2020

MauiMan said:
As I read your post, I see a rainbow outside my window. I believe in God’s promises, too.

This man is a lier and a deceiver.

"When he lies, he speaks his native language, for he is a liar and the father of lies." John 8:44b NIV

It could be worse:

MauiMan · Jan 20, 2020

Conservative said:
So you are so wealthy that social issues are so important to you that rather than help solve them locally you want a federal bureaucrat to do it for you. So happy you are so wealthy, you see I celebrate your success not demonize it, What lies have I posted that supports Trump? That is liberal rhetoric not backed by anything factual.

Regardless of what you want to believe Trump HAS served America which is why the majority in this country support him on his economic policies and why the Democrats have lost the issues debate. You call him a liar which is your opinion, what has he lied about that affects you, your country or your family? You seem to do nothing but pile on without offering anything of substances, just baseless charges

Why are you so binary in your thinking? I would much rather see social issues dealt with at a local level—that is the best level to do so. The Federal government, in my opinion, is far larger than it needs to be or should be. The Federal government should be as small as possible. Very small.

How do I demonize my wealth? I inherited nothing, and built it myself. God bless capitalism!

What has Trump done? Cut taxes, and eliminated the inheritance tax? No—the Republican Congress did that. He just signed it. He reversed every Obama executive order. Gee, that was a lot of work and thought! He has tried desperately to build a southern border wall—that is true. But it’s not done like he said it would be, and Mexico isn’t paying for it—our military brothers and sisters are. Ultimately, the American tax payer will pay for it, and it’s maintenance for decades before the American people decide it was a waste of money. His unilateral withdrawal from the Iran Deal has almost resulted in a war (and might still). His unilateral withdrawal from the Paris Climate accord has isolated us in the world as mindless idiots. His trade war has flopped and cost Americans in the form of higher taxes.

Yes, the economy is doing well—very well for people like me. And you, too? But at what cost? The tax cuts have not produced the federal revenue necessary to support the government’s spending. So, now Trump is borrowing heavily (the subject of this thread).

As far as his popularity, he is about as popular as Gerald Ford was, which was not very good. Actually, Ford was slightly more popular:

How Popular Is Donald Trump? | FiveThirtyEight

As far as his lies...really. You think he’s an honest person? Here are some facts for you:

"President Trump made 16,241 false or misleading claims in his first three years"
https://www.washingtonpost.com/poli...e-or-misleading-claims-his-first-three-years/

MauiMan · Jan 20, 2020

Rising Sun said:
It could be worse:

666 Fifth Avenue

Conservative · Jan 20, 2020

MauiMan said:
Why are you so binary in your thinking? I would much rather see social issues dealt with at a local level—that is the best level to do so. The Federal government, in my opinion, is far larger than it needs to be or should be. The Federal government should be as small as possible. Very small.

How do I demonize my wealth? I inherited nothing, and built it myself. God bless capitalism!

What has Trump done? Cut taxes, and eliminated the inheritance tax? No—the Republican Congress did that. He just signed it. He reversed every Obama executive order. Gee, that was a lot of work and thought! He has tried desperately to build a southern border wall—that is true. But it’s not done like he said it would be, and Mexico isn’t paying for it—our military brothers and sisters are. Ultimately, the American tax payer will pay for it, and it’s maintenance for decades before the American people decide it was a waste of money. His unilateral withdrawal from the Iran Deal has almost resulted in a war (and might still). His unilateral withdrawal from the Paris Climate accord has isolated us in the world as mindless idiots. His trade war has flopped and cost Americans in the form of higher taxes.

Yes, the economy is doing well—very well for people like me. And you, too? But at what cost? The tax cuts have not produced the federal revenue necessary to support the government’s spending. So, now Trump is borrowing heavily (the subject of this thread).

As far as his popularity, he is about as popular as Gerald Ford was, which was not very good. Actually, Ford was slightly more popular:

How Popular Is Donald Trump? | FiveThirtyEight

As far as his lies...really. You think he’s an honest person? Here are some facts for you:

"President Trump made 16,241 false or misleading claims in his first three years"
https://www.washingtonpost.com/poli...e-or-misleading-claims-his-first-three-years/

So it was the Republican Congress that initiated tax cuts?? It was the Republican Congress the revoked the anti Growth Obama EO's? It was the Republican Congress that proposed cuts in regulations and eliminated the mandatory taxes on ACA?

You seem to have a problem understanding that popularity polls mean nothing but the polls on support for economic polices are more important since it is economic policies that put food on the table, a roof over your head and clothes on your back. I really don't give a damn about what polls say about his likability, personality, or whether or not he is an honest person, the results are all that matters to me and you will see that in November