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US budget deficit running 11.8% higher this year

ElChupacabra said:
I think you project to much of your own narrow interests on the broader public. Your vote is your prerogative; what's interesting about your posts is the consistency by which you seem to think everyone should share the same view.
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It isn't about sharing the same view it is about reality, the American people will vote their own self interest which is what you do as well. As a "rich" liberal elite you have a distorted opinion of what is reality. Are you jealous over what you have so much so that you continue to promote wealth redistribution? Are you ever going to address the real cause of the deficit increase or simply focus on the bottom line so as to blame Trump?
 
Conservative said:
It isn't about sharing the same view it is about reality, the American people will vote their own self interest which is what you do as well. As a "rich" liberal elite you have a distorted opinion of what is reality. Are you jealous over what you have so much so that you continue to promote wealth redistribution? Are you ever going to address the real cause of the deficit increase or simply focus on the bottom line so as to blame Trump?
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Well if you want to get philosophical about it, reality is a very relative term; I think your opinion about reality is a distorted one as well. The thing is there are myriad interests out there, and not everyone is going to get what they want regardless of who is president, or controls congress. I'm not jealous at all, nor do I think you have a valid point that everyone is "jealous" of the rich; that's an easy cop out. As for deficits, it's a matter of what we're going to grow them for at this point; some just prefer that be directed toward helping people instead of those at the top.
 
ElChupacabra said:
Well if you want to get philosophical about it, reality is a very relative term; I think your opinion about reality is a distorted one as well. The thing is there are myriad interests out there, and not everyone is going to get what they want regardless of who is president, or controls congress. I'm not jealous at all, nor do I think you have a valid point that everyone is "jealous" of the rich; that's an easy cop out. As for deficits, it's a matter of what we're going to grow them for at this point; some just prefer that be directed toward helping people instead of those at the top.
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Here is reality Congress appropriates the money and is going to spend it to continue buy votes by convincing people like you that spending in the name of compassion is a good thing regardless of the results. Since Congress is always going to spend money and never address actual spending then I will always approve of allowing the taxpayers to keep more of what they earn. Seems your belief not supported actual results are that tax cuts cut revenue to the gov't and that isn't the case with the Trump tax cuts as the actual results show.

There is a real disconnect regarding the taxes paid and their purpose and no understanding of the Unified budget. The debt you see is total debt from both discretionary and mandatory budget items and spending. Discretionary budget is what the President controls, mandatory budget is what Congress controls. Taxes to fund discretionary items are FIT, CIT, Corporate and other taxes, taxes to fund SS and Medicare are payroll taxes, FICA. Waiting for the left to tell us or explain to us how over 2 trillion in tax revenue collected to fund the 1.47 trillion discretionary budget causes trillion dollar deficits?

As has been pointed in the three years Trump has been in office the discretionary budget has been increased 100 billion dollars and tax revenue has more than been enough to pay for those budget items.

You and the left may not like it but that is reality. Further the reality is that interest expense is now the fourth largest budget item and has doubled since Trump took office. Obama benefited from almost zero interest rates which impacted debt service in his favor. Obama did spend 842 billion in the stimulus to create new taxpayers that never happened. Most of the Obama 9.3 trillion debt came from poor revenue growth due to under employment, high cost of the stimulus, and record or historic low interest expenses that affected debt service. In addition Obama's economic policies did not get the economic activity that was promised and that impacts federal, state and local revenue thus the deficit and debt
 
Conservative said:
Here is reality Congress appropriates the money and is going to spend it to continue buy votes by convincing people like you that spending in the name of compassion is a good thing regardless of the results. Since Congress is always going to spend money and never address actual spending then I will always approve of allowing the taxpayers to keep more of what they earn. Seems your belief not supported actual results are that tax cuts cut revenue to the gov't and that isn't the case with the Trump tax cuts as the actual results show.

There is a real disconnect regarding the taxes paid and their purpose and no understanding of the Unified budget. The debt you see is total debt from both discretionary and mandatory budget items and spending. Discretionary budget is what the President controls, mandatory budget is what Congress controls. Taxes to fund discretionary items are FIT, CIT, Corporate and other taxes, taxes to fund SS and Medicare are payroll taxes, FICA. Waiting for the left to tell us or explain to us how over 2 trillion in tax revenue collected to fund the 1.47 trillion discretionary budget causes trillion dollar deficits?

As has been pointed in the three years Trump has been in office the discretionary budget has been increased 100 billion dollars and tax revenue has more than been enough to pay for those budget items.

You and the left may not like it but that is reality. Further the reality is that interest expense is now the fourth largest budget item and has doubled since Trump took office. Obama benefited from almost zero interest rates which impacted debt service in his favor. Obama did spend 842 billion in the stimulus to create new taxpayers that never happened. Most of the Obama 9.3 trillion debt came from poor revenue growth due to under employment, high cost of the stimulus, and record or historic low interest expenses that affected debt service. In addition Obama's economic policies did not get the economic activity that was promised and that impacts federal, state and local revenue thus the deficit and debt
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Do you think the average voter is thinking about their issues in the context you provided?

Also, you throw this "spending in the name of compassion" comment that I don't think is an accurate description at all; at least not from my perspective. I don't see spending to improve the odds of fellow Americans as just a compassionate act; it's to promote our own success. To invest in our fellow citizens for the nation's success isn't some nonsensical Hail Mary pass in the name of compassion. What some in this country feel is that by using our tax money to ensure we can afford healthcare and an education, we can continue moving the populace upward.
 
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ElChupacabra said:
Do you think the average voter is thinking about their issues in the context you provided?

Also, you throw this "spending in the name of compassion" comment that I don't think is an accurate description at all; at least not from my perspective. I don't see spending to improve the odds of fellow Americans as just a compassionate act; it's to promote our own success. To invest in our fellow citizens for the nation's success isn't some nonsensical Hail Mary pass in the name of compassion. What some in this country feel is that by using our tax money to ensure we can afford healthcare and an education, we can continue moving the populace upward.
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That is the point, you believe average voters give a damn about Ukraine? The do care about the fact that the economy is booming and the results being generated aren't worth making a change back to the Democrats
 
Trump adviser Larry Kudlow: "the White house is considering revising the ban on bribing foreign officials (the corrupt practices abroad act of 1977)" to effectively capture markets."

Here it is in its purest form, freedom of business and the absence of corruption..
 
Conservative said:
That is the point, you believe average voters give a damn about Ukraine? The do care about the fact that the economy is booming and the results being generated aren't worth making a change back to the Democrats
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The econony was booming before Trump. Your selective factless rants wont change that. Unfortunately the average American is pretty stupid and can't remember back as far as 2016, and rely on miss information from people like you to "remember".....which is of course why you do it.

Sent from my Honor 8X
 
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."

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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
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There does not seem to be sufficient concern in Congress or the White House about the serious threat our current national debt poses to our economy going forward.
 
Conservative said:
Noticed that as usual our ran from the Unified budget response to your again anti Trump rants. It is stunning how every anti Trump thread finds you and the rest of the left wing radicals here who have nothing else to do with their time. There is a reason that the deficit is running higher and it has absolutely nothing to do with Trump. Your failure to even respond to the Unified budget information speaks volumes
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Thought you said you didn't like Trump. Was that a fib?
 
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
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You sound like Joe Peschi.

"C'mon Joey. What's Carmine ever done to you? Joey! Carmine has never hurt you or your family."
 
PeteEU said:
The econony was booming before Trump. Your selective factless rants wont change that. Unfortunately the average American is pretty stupid and can't remember back as far as 2016, and rely on miss information from people like you to "remember".....which is of course why you do it.

Sent from my Honor 8X
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Why don't you describe a booming economy for me with actual verifiable data!

Sent from my SM-G970U using Tapatalk
 
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
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He said he was going to run the government like he runs his businesses, right into the ground, and so far he's on target.
 
Conservative said:
That is the point, you believe average voters give a damn about Ukraine? The do care about the fact that the economy is booming and the results being generated aren't worth making a change back to the Democrats
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Do average voters care about the Ukraine itself? Probably not. They might care more about the actions of their president as it relates to it though. If your premise is that economic results supersede using the power of the presidency for personal political gain, then I don't think the majority of people out there are willing to turn a blind eye; the polls suggest as much.
 
Ringo Stalin said:
According to Bloomberg

View attachment 67272292

But I think everything will be O.K. US have an agreement with the FED's owners. Some draw pieces of paper and make sure that they are not devalued. Others take them on loan, distribute the debt load around the world using democratic sanctions and peaceful bombing and make sure that everyone is properly paid % to these money printers. Complete harmony. In order for the US to get off the debt needle and not fall below everyone, you just need to drop the rest as low as possible.
I'm sure they know. We'll be allright, just keep making the democratic choice of two or more candidates from the bourgeois class.
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Your last sentence regarding having (effectively) only a choice between the candidate approved by the movers and shakers of "The MORE Reactionary Wing of the American Oligarchic Capitalist Party" and the candidate approved by the movers and shakers of "The LESS Reactionary Wing of the American Oligarchic Capitalist Party" is correct in that regard.

HOWEVER, to describe either of those groups of movers and shakers as part of "the bourgeois class" is WILDLY inaccurate. Those movers and shakers are what is (essentially) "the ARISTOCRATIC class" where "aristocratic" is not used in the old "hereditary aristocracy" sense but rather in the "upper 10 (or less) percent of the socioeconomic spectrum" sense. That is the same part of the socioeconomic spectrum that the hereditary aristocracy occupied.

PS - Do you have a link to the Bloomberg article that your quote comes from (because I'd be interested in reading it)? Thanks.
 
Conservative said:
I have made that point over and over again which of course you refused to acknowledge but let me be clear, Obama's record was the problem, his 842 billion stimulus had nothing to do with entitlement spending but was supposed to create new taxpayers, IT FAILED, 4 million fewer in 2009 and 3 million fewer in 2010 not getting back to pre recession levels until 2014, that isn't the kind of economy that generates revenue to keep the deficits down

Obama also had zero interest rates to benefit his deficits and still added 9.3 trillion to the debt. Your loyalty to Obama and liberalism is on full display as also is your lack of understanding of the line items of the budget.

Right now the entire 11.8% increase in the deficit is due to Interest expense becoming the 4th largest budget item and entitlement spending being 2/3 of the budget

You want specific numbers? I have given them to you over and over again only to be ignored. Use Google as it is normally a friend but not to radicals Google Budget of the United States

Not sure what your definition of support is but posting the budget, using bea.gov(Treasury data), and BLS.gov(employment/unemployment) data doesn't seem to meet your standards. Apparently you prefer left wing media reports and partisan House members rhteoric
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“I have made that point over and over again which of course you refused to acknowledge but let me be clear, Obama's record was the problem, his 842 billion stimulus had nothing to do with entitlement spending but was supposed to create new taxpayers, IT FAILED,”

The entirety of Obama’s record is that he brought the US out of the worst recession since the Great Depression and handed Trump a climbing economy. Again, you can’t show any significant improvement in any trend rate under Trump vs Obama.

”4 million fewer in 2009 and 3 million fewer in 2010 not getting back to pre recession levels until 2014”

Revenue dropped 2008-2009 then increased every year thereafter. Regarding taxpayers, you give no evidence of what you claim, as usual. And you pick out one yr. Just one yr. That’s all you got. Do you have a link?

“that isn't the kind of economy that generates revenue to keep the deficits down”

But it did. That’s a fact.

“Obama also had zero interest rates to benefit his deficits and still added 9.3 trillion to the debt. Your loyalty to Obama and liberalism is on full display as also is your lack of understanding of the line items of the budget.”

Obama’s % annual increase in the debt, increase being a norm among every president, was lower than Bush2 and Reagan, and had a near $1T stimulus due to the Great Recession. What’s your problem? If you have a problem, include Bush2 and Reagan, neither of whom faced the economic turmoil that Obama had to face.

“Right now the entire 11.8% increase in the deficit is due to Interest expense becoming the 4th largest budget item and entitlement spending being 2/3 of the budget”

So what? Obama faced more problems than that and overcame them. You’re already making excuses for Trump. Classic Trump. Nothing is his fault. He’s the victim.

“You want specific numbers? I have given them to you over and over again only to be ignored. Use Google as it is normally a friend but not to radicals Google Budget of the United States”

And by using the internet I’ve found Trump is doing no better than Obama in economic trend. And you can’t prove otherwise.

“Not sure what your definition of support is but posting the budget, using bea.gov(Treasury data), and BLS.gov(employment/unemployment) data doesn't seem to meet your standards. Apparently you prefer left wing media reports and partisan House members rhetoric”

You mean like your non-existent taxpayer data you faked in this post? You can post all you want. You just can’t show any bottom line that translate to anything better for the avg American under Trump than under Obama. What you post doesn't support what you claim.
 
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
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Sounds like the democrat house needs to reduce spending. No wonder president Trump allowed a shutdown. They are spending too much money.
 
ElChupacabra said:
You should find your myopic use of polls more interesting. I brought up the broader approval poll to point out how the support for Trump on his handling of the economy has not made an impact on his overall performance. We're talking about the president, and not congress approval; are you moving the goal posts now? Oh, and do get some new material. This whole "your lack of civics education" is stale.
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If you take the average of the approval levels for all three branches of the US government, the result is approximately 41 (±3.5)%.

If you take the average of the disapproval levels for all three branches of the US government, the result is approximately 54 (±3.5)%.

The remaining (approximately) 5 (±3.5)% you'd be safe to split that in half between those who are genuinely uncertain and those who simply don't have a clue.

Mr. Trump's approval rating of 39.5 (±3.5)% overlaps the lower portion of the range for the average for the combined approval ratings for all three branches of the US government.
 
ElChupacabra said:
Do average voters care about the Ukraine itself? Probably not. They might care more about the actions of their president as it relates to it though. If your premise is that economic results supersede using the power of the presidency for personal political gain, then I don't think the majority of people out there are willing to turn a blind eye; the polls suggest as much.
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If you want to bet (at even money) that the average voter can identify Ukraine on a map (that doesn't have "UKRAINE HERE" and big red arrows printed on it), I'd be more than happy to take your money.
 
Lord of Planar said:
Sounds like the democrat house needs to reduce spending. No wonder president Trump allowed a shutdown. They are spending too much money.
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Actually, if House spending bills are seen as exorbitant by Trump, he needs to find his veto pen.
 
TU Curmudgeon said:
If you want to bet (at even money) that the average voter can identify Ukraine on a map (that doesn't have "UKRAINE HERE" and big red arrows printed on it), I'd be more than happy to take your money.
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I still remember those "man on the street" (MOS) interviews when the first Iraq war started that challenged average citizens to find Iraq on a map. So, NO, I will not be making that bet.
:)
 
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