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Thread: Budget deficit smashes $1 trillion mark, the highest in seven years

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    It's ok because Captain Dip**** is dreamy.

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by WCH View Post
    Paying to upgrade the military after Obama for one. Like I said, Takes money to fix problems of the past.
    U.S. military spending from 2000 to 2018 (in billion U.S. dollars)

    The increase in military spending was greater 2008 to 2009 than it was 2017 to 2018. The 2018 budget is less than the budget in 2010, 2011, 2012 and 2013.

    The real reason for the huge deficit is a tax cut with no corresponding spending cuts. Trump is no fiscal conservative, not even close. Your idea that it was "upgrading the military" is risible.
    The above post is a reflection of my great and unmatched wisdom. Please revere it.

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by Kushinator View Post
    That's the difference. We should see deficits grow when the labor market suffers, and see deficits fall as the labor market recovers.

    But you think what you're told to think... And so this point will likely be difficult for you to comprehend.
    "should"? That sounds confident.


    Regardless, what I said still hold true.
    "Have the courage to have your wisdom regarded as stupidity. Be fools for Christ. And have the courage to suffer the contempt of the sophisticated world." - Antonin Scalia

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by Dittohead not! View Post
    U.S. military spending from 2000 to 2018 (in billion U.S. dollars)

    The increase in military spending was greater 2008 to 2009 than it was 2017 to 2018. The 2018 budget is less than the budget in 2010, 2011, 2012 and 2013.

    The real reason for the huge deficit is a tax cut with no corresponding spending cuts. Trump is no fiscal conservative, not even close. Your idea that it was "upgrading the military" is risible.
    Why do we need to spend 600 billion every year on war? I just don't get it. Who in the world can touch us militarily? The answer is simple. War is good for business even when there isn't a war. We would rather spend money on war then ourselves. Unbelievable.
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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by WCH View Post
    "should"? That sounds confident.
    Yes, that's how fiscal policy should play out.

    Regardless, what I said still hold true.
    What you said is just a deflection from the failure of your ideology.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by MTAtech View Post
    Budget deficit smashes $1 trillion mark, the highest in seven years

    Are we great again yet?

    Just like many of us said, the tax-cuts contributed to lower revenue that contributed to the higher deficit. Also, this puts to rest the myth that Democrats are the big spenders, as higher spending occurred when the Republicans were in full control.
    This is ****ing ridiculous.
    The morons in charge aren't smart enough to manage money.
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    Quote Originally Posted by joko104 View Post
    I can not think of any non-white majority country anywhere on earth I would want to live. I wish the USA would stay a white majority, but it won't.

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by WCH View Post
    "should"? That sounds confident.


    Regardless, what I said still hold true.

    Jesus. Learn to read and understand English.
    Greatness lies not in being strong, but in the right use of strength - Henry Ward Beecher
    Baby sister, I was born game and I intend to go out that way - Rooster Cogburn
    Quote Originally Posted by joko104 View Post
    I can not think of any non-white majority country anywhere on earth I would want to live. I wish the USA would stay a white majority, but it won't.

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Trump just lies about everything. He lies to his wives and mistresses. He lies to vendors and subcontractors. He lies to the American public constantly.

    He might be the most display person (not just politician) that any of us will ever see.

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by Vadinho View Post
    Why do we need to spend 600 billion every year on war?
    We don't. But the point is that WCH's claims that Obama somehow gutted the military, and that somehow justifies Trump's deficits, are patently false. Not only did Obama spend more on military during his term, but Trump has not significantly increased military spending during his.
    "Everyone should listen to me all the time about everything." - Rosa Diaz

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    Re: Budget deficit smashes $1 trillion mark, the highest in seven years

    Quote Originally Posted by Kushinator View Post
    Yes, that's how fiscal policy should play out.



    What you said is just a deflection from the failure of your ideology.
    None of them are doing a good job on the fiscal end.

    What ideology is 'Independent'? Straight up asshole?
    "Have the courage to have your wisdom regarded as stupidity. Be fools for Christ. And have the courage to suffer the contempt of the sophisticated world." - Antonin Scalia

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