Current US Federal Budget Deficit

[Conservative]

The Billionaire tax cuts will assure that the deficit continues to rise. Others have pointed out, quite aptly, that receipts aren't high enough to balance the lost revenue from the tax cuts. This is simply FACT that you choose to ignore. Obama was running a very healthy economy, without skyrocketing the deficit.

I'm not sure where you got your education but it is pretty scary. Tax cuts do not cause deficits interest rate hikes, entitlement spending cause deficits. your jealousy and class Envy of what other people get to keep of their own money is the problem with liberals and why liberals are going to relegate themselves to third-party status if you don't start celebrating success and learn that it is a private sector not the government that creates economic activity and value to the American people. Must be rather tough for you to see the booming Trump success in job creation and economic growth!

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[Media_Truth]

I'm not sure where you got your education but it is pretty scary. Tax cuts do not cause deficits interest rate hikes, entitlement spending cause deficits. your jealousy and class Envy of what other people get to keep of their own money is the problem with liberals and why liberals are going to relegate themselves to third-party status if you don't start celebrating success and learn that it is a private sector not the government that creates economic activity and value to the American people. Must be rather tough for you to see the booming Trump success in job creation and economic growth!

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So you say --- "Tax Cuts don't cause deficits." They have for a year-and-a-half, and they will continue to do so...

As for the economy, Trump is riding the coat-tails of the Obama economy improvement. The big difference is that he is skyrocketing the deficit.

I can go out and spend a bunch of money - max out all my credit. I can buy all kinds of luxury items, and appear to be prosperous. Eventually I have to pay it back. No different for the Trump deficits and any perceived economic gains.

 

[Torus34]

I'm still seeking a response to;

How much national debt is too much national debt?

Regards to all.

 

[Conservative]

So you say --- "Tax Cuts don't cause deficits." They have for a year-and-a-half, and they will continue to do so...

As for the economy, Trump is riding the coat-tails of the Obama economy improvement. The big difference is that he is skyrocketing the deficit.

I can go out and spend a bunch of money - max out all my credit. I can buy all kinds of luxury items, and appear to be prosperous. Eventually I have to pay it back. No different for the Trump deficits and any perceived economic gains.

You keep making the same claim over and over again never posting official data to support it. What a waste of time you radicals are as the double standard is evident as is your lack of understanding of the budget deficit and what line items increased it. Why don't you ever answer direct questions?

 

[Conservative]

I'm still seeking a response to;

How much national debt is too much national debt?

Regards to all.

Good question, 9.3 trillion dollars added in 8 years wasn't it but Trump's now apparently is none of which have reached a trillion dollars.

 

[jonny5]

I'm still seeking a response to;

How much national debt is too much national debt?

Regards to all.

Any debt that isnt necessary is too much debt.

 

[Torus34]

Good question, 9.3 trillion dollars added in 8 years wasn't it but Trump's now apparently is none of which have reached a trillion dollars.

Sir, it is a good question. I humbly submit that it's of far greater import than endless mumblings anent how much was added in whatever year of this or that Administration. [Ed.: Please note the distinction between '... of this or that Administration.' and '... by this of that Administration.' Torus strives for precision in his comments.]

Regards.

 

[Torus34]

Any debt that isnt necessary is too much debt.

Sir, your response becomes meaningful upon [Ed.: and only upon,] the specific delineation of the word 'necessary' in context.

Regards.

 

[jonny5]

Sir, your response becomes meaningful upon [Ed.: and only upon,] the specific delineation of the word 'necessary' in context.

Regards.

required to be done; needed; essential

For example is any of this essential? 2018 Congressional Pig Book | Citizens Against Government Waste

If not, then there is 150bn in spending that could be cut, thus resulting in less new debt.

 

[Torus34]

required to be done; needed; essential

For example is any of this essential? 2018 Congressional Pig Book | Citizens Against Government Waste

If not, then there is 150bn in spending that could be cut, thus resulting in less new debt.

Sir, a single example of what is not essential begs the question. What, specifically, are those expenditures which are essential?

Regards.

 

[Media_Truth]

You keep making the same claim over and over again never posting official data to support it. What a waste of time you radicals are as the double standard is evident as is your lack of understanding of the budget deficit and what line items increased it. Why don't you ever answer direct questions?

Tax cuts should NOT occur in a healthy economy like the Obama economy that Trump inherited. They do nothing but pad the pockets of billionaires, and the middle class are left holding the bag. What a waste of time for you to continue to argue actual FACTs!

 

[Conservative]

Tax cuts should NOT occur in a healthy economy like the Obama economy that Trump inherited. They do nothing but pad the pockets of billionaires, and the middle class are left holding the bag. What a waste of time for you to continue to argue actual FACTs!

Still waiting for the official economic results that show Trump inheriting a healthy economy? Can you name one federal social program that was ever tied to Federal tax revenue? As for tax revenue still no answer, what are 263,000 new taxpayers and 3.2% GDP growth doing to do to the 2019 deficit?

It truly is a waste of time to argue with you as you offer no Facts just personal biased opinions showing you aren't an independent

 

[Media_Truth]

Still waiting for the official economic results that show Trump inheriting a healthy economy? Can you name one federal social program that was ever tied to Federal tax revenue? As for tax revenue still no answer, what are 263,000 new taxpayers and 3.2% GDP growth doing to do to the 2019 deficit?

It truly is a waste of time to argue with you as you offer no Facts just personal biased opinions showing you aren't an independent

Sure I'll post a link again, while you continue to post false rhetoric. Game- Set - Match...

Did Donald Trump inherit 'a mess' from Barack Obama? | PolitiFact

Here's the Trump LIE ---

"As you know, our administration inherited many problems across government and across the economy," he told the assembled reporters. "To be honest, I inherited a mess. It's a mess. At home and abroad, a mess. Jobs are pouring out of the country; you see what's going on with all of the companies leaving our country, going to Mexico and other places, low pay, low wages, mass instability overseas, no matter where you look. The Middle East is a disaster. North Korea -- we'll take care of it folks. We're going to take care of it all. I just want to let you know, I inherited a mess."

The Truth...

President Barack Obama’s greatest economic achievement was to prevent the Great Recession from spiraling into a full-blown depression.

By the time Obama was inaugurated in 2009, the unemployment rate had spiked from 5 percent to 7.8 percent, on its way to 10 percent a few months later. A rising tide of middle-class families were losing homes, turning to food stamps and seeking government-sponsored health care for the first time.

Yet Obama handed Trump the reins of an economy with a 4.7 percent unemployment rate; 75 consecutive months of job growth; rising stock prices, home values, corporate profits and consumer confidence; low inflation; and, following several years of sluggish income growth, a record spike in middle-class incomes.

 

[Conservative]

Sure I'll post a link again, while you continue to post false rhetoric. Game- Set - Match...

Did Donald Trump inherit 'a mess' from Barack Obama? | PolitiFact

Here's the Trump LIE ---

"As you know, our administration inherited many problems across government and across the economy," he told the assembled reporters. "To be honest, I inherited a mess. It's a mess. At home and abroad, a mess. Jobs are pouring out of the country; you see what's going on with all of the companies leaving our country, going to Mexico and other places, low pay, low wages, mass instability overseas, no matter where you look. The Middle East is a disaster. North Korea -- we'll take care of it folks. We're going to take care of it all. I just want to let you know, I inherited a mess."

The Truth...

President Barack Obama’s greatest economic achievement was to prevent the Great Recession from spiraling into a full-blown depression.

By the time Obama was inaugurated in 2009, the unemployment rate had spiked from 5 percent to 7.8 percent, on its way to 10 percent a few months later. A rising tide of middle-class families were losing homes, turning to food stamps and seeking government-sponsored health care for the first time.

Yet Obama handed Trump the reins of an economy with a 4.7 percent unemployment rate; 75 consecutive months of job growth; rising stock prices, home values, corporate profits and consumer confidence; low inflation; and, following several years of sluggish income growth, a record spike in middle-class incomes.

I see opinions hardly fact, how did Obama bring us out of recession when his stimulus program wasn't spent until after the recession ended? You apparently don't know the difference between a fact and an opinion because all you offer is opinions. This is indeed the Trump economy and here is what Trump inherited

1. GDP Growth 2013 to 2018

2013 16784.9
2014 17521.7 736.8
2015 18129.3 607.6
2016 18707.2 577.9
2017 19485.4 778.2
2018 20494.1 1008.7

2016 GDP growth 1.6% annual vs 2.9% 2018 with those terrible tax cuts

Unemployment Rate 4.7% January 2017 vs. 3.6% today

Employed 152 million January 2017 to 157 million today

U-6 in January 2017 9.3% vs 7.3% today?

Part time for economic reasons, 5.7 million January 2017 vs. 4.6 million today?

African American unemployment 7.7% vs. 6.7% today?


It does seem that only the left thinks 1.6% GDP growth and declining GDP dollar growth is a healthy economy showing again why liberals have no credibility.

 

[Media_Truth]

I see opinions hardly fact, how did Obama bring us out of recession when his stimulus program wasn't spent until after the recession ended? You apparently don't know the difference between a fact and an opinion because all you offer is opinions. This is indeed the Trump economy and here is what Trump inherited

1. GDP Growth 2013 to 2018

2013 16784.9
2014 17521.7 736.8
2015 18129.3 607.6
2016 18707.2 577.9
2017 19485.4 778.2
2018 20494.1 1008.7

2016 GDP growth 1.6% annual vs 2.9% 2018 with those terrible tax cuts

Unemployment Rate 4.7% January 2017 vs. 3.6% today

Employed 152 million January 2017 to 157 million today

U-6 in January 2017 9.3% vs 7.3% today?

Part time for economic reasons, 5.7 million January 2017 vs. 4.6 million today?

African American unemployment 7.7% vs. 6.7% today?


It does seem that only the left thinks 1.6% GDP growth and declining GDP dollar growth is a healthy economy showing again why liberals have no credibility.

Since you're nothing but a Forum hack, you should read the Politico article, which aptly answers your questions.

 

[Conservative]

Since you're nothing but a Forum hack, you should read the Politico article, which aptly answers your questions.

A forum hack? LOL, yep in your world articles trump actual verifiable data from non partisan sources like I posted including recovery.org, Obama's site the tract stimulus spending. Have you called Obama to tell him recovery.org site is wrong? Articles give opinions data coming from non partisan verifiable sources provide facts. You really need to learn the difference.

how did Obama bring us out of recession with none of his stimulus spent and the entire 2009 deficit blamed on Bush? You simply don't realize how foolish your argument is and how contrary to the facts your posts are

 

[jonny5]

Sir, a single example of what is not essential begs the question. What, specifically, are those expenditures which are essential?

Regards.

Securing of rights, namely life and liberty.

 

[Torus34]

Securing of rights, namely life and liberty.

Sir, you continue with generalities. 'Life' includes, if I'm not mistaken, careful monitoring of the foods made available to the public to insure that life is not endangered. The same might apply to such things as the restrictions on firearms [30,000 deaths/year] and perhaps control of traffic speed limits [The relationship between speed and deaths in collisions is well-documented.]

Perhaps, just perhaps, you're beginning to see the difficulty involved in specifying just what government should do.

Regards.

 

[Media_Truth]

A forum hack? LOL, yep in your world articles trump actual verifiable data from non partisan sources like I posted including recovery.org, Obama's site the tract stimulus spending. Have you called Obama to tell him recovery.org site is wrong? Articles give opinions data coming from non partisan verifiable sources provide facts. You really need to learn the difference.

how did Obama bring us out of recession with none of his stimulus spent and the entire 2009 deficit blamed on Bush? You simply don't realize how foolish your argument is and how contrary to the facts your posts are

I post a Politico link, you deflect. Can't you stay on topic? Always deflecting. Also from the Politico article, was this, about Obama's performance in straightening up the Bush/Cheney disastrous mess.

"As 2016 ends, the U.S. labor market is in its best shape since the recession, with nearly every measure of the market at its most favorable level in years," economist Jed Kolko concluded in his end-of-the-year report for the jobs website Indeed.

In other words, Obama left the economy in much better shape than he inherited it, even if it remains imperfect for every American.

"In general, the response to the Great Recession was forceful but sensible," Edward Glaeser, a Harvard University economist, told us last year.

 

[Conservative]

I post a Politico link, you deflect. Can't you stay on topic? Always deflecting. Also from the Politico article, was this, about Obama's performance in straightening up the Bush/Cheney disastrous mess.

"As 2016 ends, the U.S. labor market is in its best shape since the recession, with nearly every measure of the market at its most favorable level in years," economist Jed Kolko concluded in his end-of-the-year report for the jobs website Indeed.

In other words, Obama left the economy in much better shape than he inherited it, even if it remains imperfect for every American.

"In general, the response to the Great Recession was forceful but sensible," Edward Glaeser, a Harvard University economist, told us last year.

What is it about radicals who think they are experts on every subject and always blame Republicans? I am waiting for you to prove that it was Obama policies that brought us out of recession and then explain why he is credited for the worst recovery from a recession in history? Recovery.org was set up to monitor spending but you never post any data.

I don't really see any reason to continue discussion with a liberal hiding behind an independent lean and then posting opinion pieces that don't trump actual fiscal data. You post opinion pieces to prop up failure while showing your own ignorance on this issue.

Here is an opinion piece on this subject, why is yours better?

What Ended the Great Recession?

 

[Media_Truth]

What is it about radicals who think they are experts on every subject and always blame Republicans? I am waiting for you to prove that it was Obama policies that brought us out of recession and then explain why he is credited for the worst recovery from a recession in history? Recovery.org was set up to monitor spending but you never post any data.

I don't really see any reason to continue discussion with a liberal hiding behind an independent lean and then posting opinion pieces that don't trump actual fiscal data. You post opinion pieces to prop up failure while showing your own ignorance on this issue.

Here is an opinion piece on this subject, why is yours better?

What Ended the Great Recession?

Wall Street Pit - what the heck is that? Some blog from somebody's garage? You can do better than that. It's the PITS!!!

 

[jonny5]

Sir, you continue with generalities. 'Life' includes, if I'm not mistaken, careful monitoring of the foods made available to the public to insure that life is not endangered. The same might apply to such things as the restrictions on firearms [30,000 deaths/year] and perhaps control of traffic speed limits [The relationship between speed and deaths in collisions is well-documented.]

Perhaps, just perhaps, you're beginning to see the difficulty involved in specifying just what government should do.

Regards.

You asked a simple question, I gave you a simple answer. As you say, 'securing the right to live' might include protecting people from intentional or negligent harm from products, risky driving, and certainly assault. If these are essential, then we have the revenue to more than afford such protection. However, it is not essential to, for example, give people money to pay for college. So, there is 50bn a year we do not need to borrow money to pay for.

 

[Conservative]

Wall Street Pit - what the heck is that? Some blog from somebody's garage? You can do better than that. It's the PITS!!!

Right, the content of the article doesn't matter and never matters to you as the narrative is more important

 

[cabse5]

Trump has done many good things like preserve capitalism and the borders of America, for examples. but, since Trump is a traditional democrat, he also proposes increased spending of the federal gov't.

The, IMO, 'bait and switch' of every person who believes the gov't should do more for the people is to make up new essentials for Americans like 5-G, WIFI in tractors and computers in all the schools, etc., that take away funds for essentials like improved roads, improved airports and improved infrastructure and scream, 'There isn't enough money for improved roads, improved airports and improved infrastructure!'

Trump is a traditional democrat.
We have to thank the progressive dem party for that and curse the progressive dem party for that.

What should be done first are improved roads, airports and infrastructure and then, if there's enough money, possibly move onto 5-G, WIFI for tractors and computers in schools.

 

[jonny5]

Trump has done many good things like preserve capitalism and the borders of America, for examples. but, since Trump is a traditional democrat, he also proposes increased spending of the federal gov't.

The, IMO, 'bait and switch' of every person who believes the gov't should do more for the people is to make up new essentials for Americans like 5-G, WIFI in tractors and computers in all the schools, etc., that take away funds for essentials like improved roads, improved airports and improved infrastructure and scream, 'There isn't enough money for improved roads, improved airports and improved infrastructure!'

Trump is a traditional democrat.
We have to thank the progressive dem party for that and curse the progressive dem party for that.

What should be done first are improved roads, airports and infrastructure and then, if there's enough money, possibly move onto 5-G, WIFI for tractors and computers in schools.

Being a traditional democrat would mean he had some sort of political philosophy. Ive seen no evidence of that. Hes just out for himself and people who egg him on. He isnt proposing massive govt expansion, and he isnt proposing massive govt cuts, nor is he proposing any of sort of third way moderate position. If anything, he just does stuff that protects our national culture, and supports american business. Those are things which agree with him personally and just so happen to be in line with a lot of what Americans want.

But again, i see no evidence of any consistent political philosophy which would allow us to label him as anything.