A Handy Source of Fiscal Data, or "How Their Naked Ears Were Tortured By The Horseman's Ruthless Cipherin"

[The5thHorseman]

I noticed you didn't subtract Obama's 2009 spending. Or TARP.

4%.

See?

Now, before you start running the Excuse Narrative, how about acknowledging the obvious?

 

[The5thHorseman]

390,000 cars X 30,000 = $11.7 billion. Meh.

Toddster,

Are you cheering for the death of American Auto and economic devastation through the Heartland?

Say something clever about unions.

 

[Toddsterpatriot]

Toddster,

Are you cheering for the death of American Auto and economic devastation through the Heartland?

Say something clever about unions.

Am I?

 

[Toddsterpatriot]

4%.

See?

Now, before you start running the Excuse Narrative, how about acknowledging the obvious?

What are you mumbling about now?

 

[postman]

390,000 cars X 30,000 = $11.7 billion. Meh.

You forgot the economic multiplier effect.
From the suppliers, to the transporters, to the restaurants and diners who now have more customers. Plus other sectors seeing the economy growing will pile on, like the auto loan industry, dealer service you name it.

And then you have to factor in the rest of the Obama stimulus package

That's how the economy grows.

 

[The5thHorseman]

What are you mumbling about now?

Where you're gonna be in 3 posts...

Fucking idiot.

 

[The5thHorseman]

Am I?

Toddster,


What are you bitching about?

Do you have any idea?

 

[Toddsterpatriot]

Toddster,


What are you bitching about?

Do you have any idea?

No idea about your idiocy.

 

[The5thHorseman]

No idea about your idiocy.

I'm the one doing your math, Toddy...

 

[Toddsterpatriot]

I'm the one doing your math, Toddy...

Let me know when you subtract that Obama spending, and TARP, from fiscal 2009.

 

[postman]

Let me know when you subtract that Obama spending, and TARP, from fiscal 2009.

Bush was the one who put TARP into the budget. Bush wrote it, Bush signed it.
Bush owns it.

The Troubled Asset Relief Program, popularly known as TARP, was a program created under the Emergency Economic Stabilization Act of 2008. It was approved by Congress and signed into law by President George W. Bush on October 3, 2008.

 

[Toddsterpatriot]

Bush was the one who put TARP into the budget. Bush wrote it, Bush signed it.
Bush owns it.

The Troubled Asset Relief Program, popularly known as TARP, was a program created under the Emergency Economic Stabilization Act of 2008. It was approved by Congress and signed into law by President George W. Bush on October 3, 2008.

I know. And then it was repaid. At a profit.
Bush owns the repayment and the profit.

 

[postman]

I know. And then it was repaid. At a profit.
Bush owns the repayment and the profit.

And he owns the increase in the budget. And the increase in the debt that year.

It's no different than buying a house, and going into debt. And then selling the house at a profit ten years later. The eventual profit doesn't change the debt you put yourself in when you bought it.

 

[MarathonMike]

As many of you may have noticed, this here Horseman has zero tolerance for Graduates of the Maria Bartiromo School of Duh!

Accordingly, one of her attentives has been taking a ferocious macing at the side of my steed (why he clings to my stirrup, I cannot fathom).

Specifically, we are examining the conceit that "Democrats spend like drunken sailors" and are therefore not only complicit in, but largely responsible, for our current level of Debt Held by The Public.

To do so, we will compares CAGRs (Compound Annual Growth Rates) of spending and revenue collection for each POTUS going back to 1979.

The numbers are as follows (in billions)



At t=0, Sept 30, 1981

Spending - 678.2 Revenue - 599.3


Reagan (end of term)

Spending - 1143
Revenue - 991

Annual Growth Rates
6.7%/6/4%


Bush

Spending - 1409
Revenue -1154

5.36/3.88

Clinton

Spending - 1862
Revenue - 1991

3.5/7.05


Bush II
Spending - 3517
Revenue - 2105

8.3/0.7

Obama

Spending - 3981
Revenues - 3316

1.56/5.8


Trump

Spending - 4.7*
Revenues - 3.5*

5.7/1.8


* to avoid the bitter tears and recriminations, I have used Grifty's last WH Budget request, and extrapolated the deficit based on trend. Subtracting this from Outlays should be equal to Revenues.

Will this require further elaboration?

Quit dropping your horse biscuits all over USMB, you are making a mess!

 

[Toddsterpatriot]

And he owns the increase in the budget. And the increase in the debt that year.

It's no different than buying a house, and going into debt. And then selling the house at a profit ten years later. The eventual profit doesn't change the debt you put yourself in when you bought it.

And he owns the increase in the budget. And the increase in the debt that year.

And the reduction when it was repaid.

 

[CrusaderFrank]

If it is all Congress, why does Grifty keep yakking about his economy?

The government and the US economy are TWO SEPARATE THINGS!!!

 

[The5thHorseman]

The government and the US economy are TWO SEPARATE THINGS!!!

You're a fucking idiot

 

[The5thHorseman]

Quit dropping your horse biscuits all over USMB, you are making a mess!

Got anything to say about the facts, Mikey?

 

[The5thHorseman]

Let me know when you subtract that Obama spending, and TARP, from fiscal 2009.

Why?

YOU do that math for us, Toddy...

You bragged about finding 4th and 8th roots....turns out ypu struggle with the Ordinal Property...

 

[Toddsterpatriot]

Why?

YOU do that math for us, Toddy...

You bragged about finding 4th and 8th roots....turns out ypu struggle with the Ordinal Property...

You don't want accurate data?