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Deficit at Highest Level in 6 Years

Kushinator said:
Focus! The thread isn't about your weird tangent into Reagan. When challanged, you rush into your safe place where the Gipper was in charge instead of responding with anything that can resemble substance. You asked where tax cuts coincided with a decline in government revenue, and i showed you in both nominal and real terms. Instead of responding with honesty, you want to take it to Reagan.

#triggered
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No, you focus, this thread is about the deficit being the highest in 6 years which brings us back to the Obama Trillion dollar deficits of 2009-2010-2011-2012 and the fiscal year isn't even up yet. You raised the issue about inflation and I rebuked that with the Reagan data and a question you ran from so again what was the inflation rate when Reagan took office and when he left AFTER the tax cuts, after doubling GDP and after the 17 million new taxpayers?

The deficit for fiscal year 2018 will be posted at the end of September 2018 so until then there is no official deficit and as usual you ignore what the following will do to that deficit because celebrating success is a foreign concept to you and all liberals who prove to be the most negative individuals on the planet

Employment +3 million over Obama's January 2017 numbers

U-6 rate 1.2% less than Obama's January 2017 number

GDP Growth more than double the 1.2% Obama left Trump

with 155 million employed 1 million more are employed full time vs. what Obama left Trump

Red line in sand enforced by Trump

So again tell me where the trillion dollar Trump deficits are and how the 3 million additional new taxpayers and the 1 million more people working full time vs. part time along with the doubling of the GDP growth rate is going to affect the deficit and federal revenue?
 
Kushinator said:
The topic isn't about comparing Reagan with Obama, or even Trump with Obama. It is the fact that deficits are growing in an economy you continue to praise, and cannot account for it because to do so would require you to admit you were duped. You don't have any idea about what you're talking about.
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Post 751 answers your comments as again you prefer PREDICTIONS to actual results but then when the predictions don't come true you are on some other anti Trump thread or promoting more and bigger federal spending. Predictions right now are 3.8% GDP growth so was that included in the deficit predictions? Was the 3 million new taxpayers considered in the PREDICTIONS? How about the reduction in part time for economic reason employees who are now working full time, almost a million of them? Does any of that resonate in that liberal mind of yours?
 
Kushinator said:
Nonsense. I've refuted more Con bull**** than i care to count.
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You have shoveled more of Con's bull **** than the All American Compost Company.
 
Kushinator said:
The topic isn't about comparing Reagan with Obama, or even Trump with Obama. It is the fact that deficits are growing in an economy you continue to praise, and cannot account for it because to do so would require you to admit you were duped. You don't have any idea about what you're talking about.
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here is a fact you refuse to acknowledge it is you that has been duped by the failed liberal ideology and Paul Krugman as human behavior has no place in the leftwing world you live in. As a proponent of deficit spending and inflation you have yet to answer the question as to what the inflation rate was when Reagan took office and what it was after doubling the GDP, three years of tax cuts, and 17 million jobs being created?

Your claims that I don't know what I am talking about comes from your liberal leftwing lens that ignores reality and runs from the actual data. As a leftwing advocate that cannot even admit your lean you always blame someone else for the failures of liberalism and have such low expectations of liberal leadership so please keep running from reality as I know those reading yours and my posts see just how partisan and how out of touch with reality you truly are
 
MTAtech said:
You have shoveled more of Con's bull **** than the All American Compost Company.
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LOL, how you coming on finding the education system in this country that teaches that people keeping more of what they earn is an expense and has to be paid for? Tallk about shoveling bull****, that is all you have but probably are still waiting for those shovels to arrive from Obama stimulus.
 
Conservative said:
No, you focus, this thread is about the deficit being the highest in 6 years which brings us back to the Obama Trillion dollar deficits of 2009-2010-2011-2012 and the fiscal year isn't even up yet.
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We were recovering from the worst economic and financial downturn since the Great Depression. I know this is political inconvenience of the highest regard, and so you will deflect without end.

You raised the issue about inflation and I rebuked that with the Reagan data and a question you ran from so again what was the inflation rate when Reagan took office and when he left AFTER the tax cuts, after doubling GDP and after the 17 million new taxpayers?
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You don't command me to provide data on your behalf. If you have a point to make about inflation, then by all means you are free to do so. My point regarding inflation was never addressed.

The deficit for fiscal year 2018 will be posted at the end of September 2018 so until then there is no official deficit and as usual you ignore what the following will do to that deficit because celebrating success is a foreign concept to you and all liberals who prove to be the most negative individuals on the planet
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What a cluster-**** of a sentence. I don't even know where to begin, because there isn't anything to address. Continue to flail away.
 
Conservative said:
Predictions right now are 3.8% GDP growth so was that included in the deficit predictions? Was the 3 million new taxpayers considered in the PREDICTIONS? How about the reduction in part time for economic reason employees who are now working full time, almost a million of them? Does any of that resonate in that liberal mind of yours?
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GDP is forecast to remain between 2% and 3% for the foreseeable future. Deficit levels are far too high for the economy to grow much more during this stage of the business cycle. The fact of the matter is, an $800 billion deficit does bode well among actual conservative Americans. I support higher deficits (for the time being). Do you have the courage to admit as much? Of course not. Because doing so would force you to attest to 60k+ posts of pure hypocrisy.
 
Conservative said:
LOL, how you coming on finding the education system in this country that teaches that people keeping more of what they earn is an expense and has to be paid for? Tallk about shoveling bull****, that is all you have but probably are still waiting for those shovels to arrive from Obama stimulus.
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You are nothing more than a partisan cheerleader and a hypocrite.
 
Kushinator said:
GDP is forecast to remain between 2% and 3% for the foreseeable future. Deficit levels are far too high for the economy to grow much more during this stage of the business cycle. The fact of the matter is, an $800 billion deficit does bode well among actual conservative Americans. I support higher deficits (for the time being). Do you have the courage to admit as much? Of course not. Because doing so would force you to attest to 60k+ posts of pure hypocrisy.
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LOL, still waiting for how the following the trump results of +3 million jobs, 1 million more full time from part time and the actual 3% GDP growth rate fits into those predictions
 
Kushinator said:
We were recovering from the worst economic and financial downturn since the Great Depression. I know this is political inconvenience of the highest regard, and so you will deflect without end.



You don't command me to provide data on your behalf. If you have a point to make about inflation, then by all means you are free to do so. My point regarding inflation was never addressed.



What a cluster-**** of a sentence. I don't even know where to begin, because there isn't anything to address. Continue to flail away.
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Aw yes, a word recession that affected fewer Americans than any other recession in modern history. Continue to flail away
 
Kushinator said:
GDP is forecast to remain between 2% and 3% for the foreseeable future. Deficit levels are far too high for the economy to grow much more during this stage of the business cycle. The fact of the matter is, an $800 billion deficit does bode well among actual conservative Americans. I support higher deficits (for the time being). Do you have the courage to admit as much? Of course not. Because doing so would force you to attest to 60k+ posts of pure hypocrisy.
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Still waiting for the effects of the following on GDP and if those were included in the predictions?
Employment +3 million over Obama's January 2017 numbers

U-6 rate 1.2% less than Obama's January 2017 number

GDP Growth more than double the 1.2% Obama left Trump

with 155 million employed 1 million more are employed full time vs. what Obama left Trump

Red line in sand enforced by Trump

So again tell me where the trillion dollar Trump deficits are and how the 3 million additional new taxpayers and the 1 million more people working full time vs. part time along with the doubling of the GDP growth rate is going to affect the deficit and federal revenue?
 
Conservative said:
Aw yes, a word recession that affected fewer Americans than any other recession in modern history. Continue to flail away
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Your opinion isn't of any consequence, because nobody but the LCD takes you seriously or respects you.
 
Conservative said:
Still waiting for the effects of the following on GDP and if those were included in the predictions?
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They are embedded in the CBO's analysis. You are welcome to review the literature for a better understanding.
 
Conservative said:
...
Employment +3 million over Obama's January 2017 numbers
...
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According to the Bureau of Labor Statistics, employment for 2017 was 2,188 million more, not 3 million -- the slowest gain since 2012.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 259 200 73 175 155 239 190 221 14 271 216 175 2188

Then, we have this economic news: Homebuilder sentiment slips in April due to pressure from tariffs and rising prices. That's the fourth slip in as many months.
 
Kushinator said:
Your opinion isn't of any consequence, because nobody but the LCD takes you seriously or respects you.
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As has been stated many times you are a legend in your own mind and your opinion only appeals to the left wing robot minions who aren't smart enough to refute the BSU post



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MTAtech said:
According to the Bureau of Labor Statistics, employment for 2017 was 2,188 million more, not 3 million -- the slowest gain since 2012.
YearJanFebMarAprMayJunJulAugSepOctNovDec
201725920073175155239190221142712161752188

Then, we have this economic news: Homebuilder sentiment slips in April due to pressure from tariffs and rising prices. That's the fourth slip in as many months.
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LOL as usual you want Trump to compete against himself and not compete against the historical results provided by Obama. That is typical left-wing BS and why you people keep losing elections. Employment in January 2017 was 152 million, it is 155 million now. Get some help with the math

Sent from my SAMSUNG-SM-G930A using Tapatalk
 
Conservative said:
As has been stated many times you are a legend in your own mind and your opinion only appeals to the left wing robot minions who aren't smart enough to refute the BSU post
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My post history speaks for itself.
 
MTAtech said:
According to the Bureau of Labor Statistics, employment for 2017 was 2,188 million more, not 3 million -- the slowest gain since 2012.
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 259 200 73 175 155 239 190 221 14 271 216 175 2188

Then, we have this economic news: Homebuilder sentiment slips in April due to pressure from tariffs and rising prices. That's the fourth slip in as many months.
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He's using the current population survey because it shows less 2016 growth than the establishment survey. He's desperate for a win.
 
Kushinator said:
He's using the current population survey because it shows less 2016 growth than the establishment survey. He's desperate for a win.
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By now, he should be tired of winning. Trump said so during the campaign.
 
MTAtech said:
By now, he should be tired of winning. Trump said so during the campaign.
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We just don't get context like Republican controlled Congress, election results, the electorate, street smarts, civics class, etc....
 
Kushinator said:
Pages 67-82 of the CBO's most recent outlook covers it entirely. I suggest you read it... i have done so already.
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Figure out how CBO works and get back to me, they take information given them by the Congress and then make predictions, none of which have been accurate yet when they are negative or promote your point of view they are touted showing just how partisan and how full of hate you are for free enterprise and capitalism.
 
Kushinator said:
My post history speaks for itself.
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It sure does and is mostly wrong. for some reason Obama's term and record begins in 2011 even though the Democrats took Congress in 2007 and Obama took office in 2009. that lagging indicator was the result of poor economic policies and generated poor economic results. Obama stimulus passed in January 2009 right after he took office and was signed in February 2009. Apparently shovels for shovel ready jobs are still in route.
 
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