Congress Approved $2.4 Trillion In Additional Debt During Fiscal Year 2018: Watchdog

Trump is ACCELERATING our deficits!


TA-DAAAAAAAAA!
He's also accelerating GDP growth, which cancels out the increase in deficits.


TA-DAAAAAAAAA!

Bull shit. One, there has only been one good quarter out of of 5 with the GDP under Trump and second GDP does not cancel the deficits...where the fuck did you come up with such a stupid idea?


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Gee, I'm sorry you don't understand basic math. I guess a lifetime of being on welfare does that to you, huh?

As a statistician I understand way more than just simple math, which is why I know you are a fucking moron.


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Figuring out what your welfare benefits are supposed to be does not make you a statistician. You can make any claim you want on a message board since you don't have to prove it. Doesn't mean anybody is gonna believe you though.

This from the moron that thinks higher GDP cancels out the deficit?

And the best response you can come up with it to insult me instead of explaining how the fuck such a thing is possible.


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tax cut economics should be unlawful, with so much debt.

Some questions for you danielpalos...
A) What percent of gross federal revenues come from corporate taxes?
B) What % comes from payroll taxes?
C) What % comes from individual income taxes?

Now questions about expenditures:
A) What percent of expenses go for MANDATORY payments...i.e SS/Medicare/etc.. and the president has NO control over these expenditures?
B) What % does the president have in creating a budget to spend?
1) What % for our country's common defense?
2) What % for everything else?

So danielpalos.... figure out the answers to the above questions!
why delegate the social Power to Tax, if not to solve the capital problems of our Republic?

why are we losing money on public policies? we allege to subscribe to Capitalism, not socialism on a national basis.
 
When is the last time you heard a Republican bring up a balanced budget amendment?

Has Trump?

Nope!
They know they don't have to do it to get re-elected. The Democrats are not interested in it either, and they will not run on it.

We have no alternative.
 
Trump is ACCELERATING our deficits!


TA-DAAAAAAAAA!
He's also accelerating GDP growth, which cancels out the increase in deficits.


TA-DAAAAAAAAA!
I called it again! I said you tards would go full Keynesian and claim government overspending is good for the economy!

TA-DAAAAAAAAAA!

Trump's astronomical increase in spending is far outpacing revenues, dumbass. That's why Trump's deficits are getting bigger and bigger!

That's something your propagandists very deliberately do not tell you.
Please show where I said overspending is good for the economy. Ronald Reagan campaigned for a balanced budget amendment in 1980 and beyond. Guess who opposed it and refused to introduce it for debate in Congress. Go ahead, dumbass, guess.
Has Trump pushed for a balanced budget amendment?


Nope!
That notion pretty much died with the advent of Bush's wars.
 
Congress approved $2.4 trillion in additional debt during fiscal year 2018: Watchdog

In April, the nonpartisan Congressional Budget Office (CBO) projected that debt held by the public would rise from $14.6 trillion in 2017 to $27.1 trillion in 2027.

“At a time when debt is already at record-high levels and growing unsustainably, the $2.4 trillion added to the projected debt over the past year is incredibly irresponsible," CFRB wrong in a blog post. "These changes alone will increase projected debt from 86 percent of GDP to 94 percent."


We will now observe the pseudocons demonstrating they are literally physically incapable of uttering a single syllable of criticism toward Trump about his astronomical deficits, despite being very, very vocal about deficits when the black guy was President.

In fact, we will see them look at the facts, and stupidly sputter, "B-b-b-b-b-b-b-but Obama!" rather than admit they hired an apprentice President who is an even bigger spender than his predecessor.

Even worse, they will go full Keynes and claim all that overspending is good for the economy!


YOUR idiotic stuttering is a FACT though! Dumb Ass Obama didn't care to make the USA secure because he CUT spending on the military
WHILE INCREASING spending on fighting against the Growth of the United States.

NOW the above details are TOO MUCH for dummies like you to comprehend BUT the facts are:

1) First, the attacks on 9/11 led to the War on Terror.
That almost doubled annual military spending. It rose from $437.4 billion in 2003 to a peak of $855.1 billion in 2011.
That includes the defense department budget and off-budget emergency spending.
It also includes spending for departments that support defense, such as Homeland Security, the Department of Veterans Affairs, and the National Nuclear Security Administration.

An indefensible defense budget
ED FEULNER: Obama deep cuts to defense leaves U.S. vulnerable
Obama's deep cuts could lead to a U.S. military defeat
Energy subsidies. UP!
Catfish-inspection programs. UP.
As I detailed in a recent column, the federal budget is rife with spending that is highly questionable, to put it mildly.
No wonder the national debt exceeds $19 trillion.
It seems policymakers just can’t say no to anything.
Except when it comes to defense.
For fiscal 2017, President Obama has requested $551 billion for the base defense budget, plus funding for ongoing operations, for a total of $610 billion. That sounds like a lot of money — but only if you overlook a couple of very important points.

  • One is that these amounts, historically speaking, are extraordinarily low. Few people will be surprised that the U.S. spent more on defense in the Reagan years (the same investment of gross domestic product would be $1.1 trillion annually, on average). But it was $917 billion annually during the Carter years, and $761 billion when George W. Bush was in office.
  • The military’s budget was even higher during the Clinton years: $624 billion. Now we’re talking about lowering it to $610 billion. As defense expert Justin Johnson recently pointed out, “As a percent of the government spending or total economy, the U.S. has not spent so little on national defense since the end of World War
2) Second, mandatory spending has increased.
That means benefit payouts for Social Security, Medicare, and other mandated programs. It's exceeded $2 trillion a year since FY 2011. These payments consume two-thirds
of the revenue each year. Only an Act of Congress that amends a program's benefits can change them. That would require a majority vote in both houses and is unlikely to happen.
Any reduction in benefits takes money out of the pockets of current beneficiaries. The powerful demographic of seniors would vote lawmakers out of office.

3)Third, the Trump tax cut will reduce revenue.
It's reducing the personal income tax rate, corporate taxes, and small business taxes.
These cuts total $1.5 trillion over the next 10 years.
But the Joint Committee on Taxation said the cuts will stimulate growth by 0.7 percent annually.
The increased growth will add revenue, offsetting some of the tax cuts. As a result, the deficit will increase $1 trillion over the next decade.
4 Reasons the U.S. Deficit Is Out of Control

But all of this goes WAY WAY above The idiot G5000 pointy empty skull, that just doesn't seem to comprehend the simple facts of the Federal budget!
Above facts are a reality.
62% of the budget is NOT controlled by Trump NOR was it controlled by Obama either!
That leaves 38% which IS under Trump's control.

And Trump UNLIKE the bumpkin idiot Obama believes the ONLY way that America can continue to be America (which Obama fought against...) is a strong defense!
See?

"B-b-b-b-b-b-but Obama!"

LITERALLY physically incapable of criticizing Trump for his astronomical overspending, even though Trump is ACCELERATING our deficits!


TA-DAAAAAAAAA!

You have that right!

91.2% increase in the deficit from FY17 to FY18...and that during the booming economy...and all the shee can do is “but ba ba ba Obama”.


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AGAIN traitorGator is IGNORING the details!
AND THIS TRAITORGATOR supposedly is a ex 20 year Marine making fun of paying his fellow marines more money?
IDIOTS like you don't seem to comprehend that the military (I guess it was above your pay grade) hadn't had a pay raise like what Trump is doing since 2010.
PLUS...
On March 16, 2017 President Trump submitted his request to Congress for $639 billion in military spending—$54 billion—which represents a 10 percent increase—for FY 2018 as well as $30 billion for FY2017 which ends in September. ... The Congress increased the budget to total 696 billion dollars.
NOTE dummy... Congress then increased to nearly $700 billion!
Military budget of the United States - Wikipedia

View attachment 221495
Military Pay Raises - 2004 to 2018

So, you think that the 70 billion increase in the military explains the 1.27 trillion dollar deficit.

You really suck at math my little statist buddy.


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Of course you are against any increase spending for the defense being the TraitorGator which probably includes your 20 year retirement pay of $22,000 PLUS your current salary....
and you bitch and moan???
AND YOU complain????
Screen Shot 2018-10-09 at 12.48.50 PM.png

Final Pay Calculator
 
Trump is ACCELERATING our deficits!


TA-DAAAAAAAAA!
He's also accelerating GDP growth, which cancels out the increase in deficits.


TA-DAAAAAAAAA!
I called it again! I said you tards would go full Keynesian and claim government overspending is good for the economy!

TA-DAAAAAAAAAA!

Trump's astronomical increase in spending is far outpacing revenues, dumbass. That's why Trump's deficits are getting bigger and bigger!

That's something your propagandists very deliberately do not tell you.
Please show where I said overspending is good for the economy. Ronald Reagan campaigned for a balanced budget amendment in 1980 and beyond. Guess who opposed it and refused to introduce it for debate in Congress. Go ahead, dumbass, guess.
Has Trump pushed for a balanced budget amendment?


Nope!
Instead of ducking, why don't you address what I said?
Where did I say overspending is good for the economy? You made the claim, back it up.
Who opposed the balanced budget amendment? Can't answer?
 
tax cut economics should be unlawful, with so much debt.

Some questions for you danielpalos...
A) What percent of gross federal revenues come from corporate taxes?
B) What % comes from payroll taxes?
C) What % comes from individual income taxes?

Now questions about expenditures:
A) What percent of expenses go for MANDATORY payments...i.e SS/Medicare/etc.. and the president has NO control over these expenditures?
B) What % does the president have in creating a budget to spend?
1) What % for our country's common defense?
2) What % for everything else?

So danielpalos.... figure out the answers to the above questions!
why delegate the social Power to Tax, if not to solve the capital problems of our Republic?

why are we losing money on public policies? we allege to subscribe to Capitalism, not socialism on a national basis.

YOU don't even know the realities of the above so that's why you can't answer them!

FederalTaxRevenuesources.png


NOW it doesn't mean much to dummies because you seemingly have problems with charts.
BUT PAYROLL TAXES which are to be used to pay Medicare/SS benefits make up 34% of gross revenue.
GUESS what dummies!!! The more people are working the more payroll taxes are paid.
So dummies like you then DON"T seem to comprehend this fact:
WHERE does the revenue go?
Federalexpenditures.png

NOW dummies... what percent goes for MANDATORY spending
mandatoryspendings.png


NOTICE to TraitorGator and other ex patriotic military guys...
 
He's also accelerating GDP growth, which cancels out the increase in deficits.


TA-DAAAAAAAAA!

Bull shit. One, there has only been one good quarter out of of 5 with the GDP under Trump and second GDP does not cancel the deficits...where the fuck did you come up with such a stupid idea?


Sent from my iPhone using USMessageBoard.com
Gee, I'm sorry you don't understand basic math. I guess a lifetime of being on welfare does that to you, huh?

As a statistician I understand way more than just simple math, which is why I know you are a fucking moron.


Sent from my iPhone using USMessageBoard.com
Figuring out what your welfare benefits are supposed to be does not make you a statistician. You can make any claim you want on a message board since you don't have to prove it. Doesn't mean anybody is gonna believe you though.

This from the moron that thinks higher GDP cancels out the deficit?

And the best response you can come up with it to insult me instead of explaining how the fuck such a thing is possible.


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The poor rubes have been inundated with stories from their propagandists that revenues are up, while not being told that spending is up even more. A YUGE lie of omission.

Not only that, revenues went up the last several times tax rates went up, too! This is also kept from them.

Their propagandists absolutely depend on the rubes never thinking for themselves or checking facts for the whole picture.
 
Trump is ACCELERATING our deficits!


TA-DAAAAAAAAA!
He's also accelerating GDP growth, which cancels out the increase in deficits.


TA-DAAAAAAAAA!
I called it again! I said you tards would go full Keynesian and claim government overspending is good for the economy!

TA-DAAAAAAAAAA!

Trump's astronomical increase in spending is far outpacing revenues, dumbass. That's why Trump's deficits are getting bigger and bigger!

That's something your propagandists very deliberately do not tell you.
Please show where I said overspending is good for the economy. Ronald Reagan campaigned for a balanced budget amendment in 1980 and beyond. Guess who opposed it and refused to introduce it for debate in Congress. Go ahead, dumbass, guess.
Has Trump pushed for a balanced budget amendment?


Nope!
Instead of ducking, why don't you address what I said?
Where did I say overspending is good for the economy? You made the claim, back it up.
Who opposed the balanced budget amendment? Can't answer?
You claimed the increase on GDP cancelled out the deficits. Classic Keynesian thinking.

And it's a joke.

Why can't you pseudocons bring yourselves to utter a single syllable of criticism about Trump's accelerated spending after eight years of whining about Obama's debt?

You can throw all the red herrings around you wish, but you can't cover up your rampant hypocrisy no matter how hard you try.
 
Oh, speaking of balanced budget amendments, the last one the Republicans proposed had an escape clause. There was a clause in it which said as long as 3/5 of Congress approved, they could deficit spend to their heart's desire.

A "balanced budget amendment" is a hoax, kids. Theater for you rubes.
 
You claimed the increase on GDP cancelled out the deficits. Classic Keynesian thinking.

And it's a joke.

Why can't you pseudocons bring yourselves to utter a single syllable of criticism about Trump's accelerated spending after eight years of whining about Obama's debt?

You can throw all the red herrings around you wish, but you can't cover up your rampant hypocrisy no matter how hard you try.
I will criticize Trump all day long, but it's not just him. The entire GOP is a dog-shit, gutless, pork party full of a bunch of self-interested pussies.

The only thing the GOP has going for it is that it is NOT the DNC, but just barely.
 
tax cut economics should be unlawful, with so much debt.

Some questions for you danielpalos...
A) What percent of gross federal revenues come from corporate taxes?
B) What % comes from payroll taxes?
C) What % comes from individual income taxes?

Now questions about expenditures:
A) What percent of expenses go for MANDATORY payments...i.e SS/Medicare/etc.. and the president has NO control over these expenditures?
B) What % does the president have in creating a budget to spend?
1) What % for our country's common defense?
2) What % for everything else?

So danielpalos.... figure out the answers to the above questions!
why delegate the social Power to Tax, if not to solve the capital problems of our Republic?

why are we losing money on public policies? we allege to subscribe to Capitalism, not socialism on a national basis.

YOU don't even know the realities of the above so that's why you can't answer them!

View attachment 221517

NOW it doesn't mean much to dummies because you seemingly have problems with charts.
BUT PAYROLL TAXES which are to be used to pay Medicare/SS benefits make up 34% of gross revenue.
GUESS what dummies!!! The more people are working the more payroll taxes are paid.
So dummies like you then DON"T seem to comprehend this fact:
WHERE does the revenue go?
View attachment 221533
NOW dummies... what percent goes for MANDATORY spending
View attachment 221534

NOTICE to TraitorGator and other ex patriotic military guys...
You can weave and dodge and twist and contort yourself all you like, but you cannot escape the fact that deficits were declining all during Obama's Administration, and yet have been accelerating under the Republicans and Trump.

No matter how big you make your graphics, you cannot cover up your hypocritical inability to condemn Trump's accelerating overspending, retard.
 
We actually have a pseuedocon trying to blame Obama for the Republicans accelerating our deficits.

Wow!
 
Congress approved $2.4 trillion in additional debt during fiscal year 2018: Watchdog

In April, the nonpartisan Congressional Budget Office (CBO) projected that debt held by the public would rise from $14.6 trillion in 2017 to $27.1 trillion in 2027.

“At a time when debt is already at record-high levels and growing unsustainably, the $2.4 trillion added to the projected debt over the past year is incredibly irresponsible," CFRB wrong in a blog post. "These changes alone will increase projected debt from 86 percent of GDP to 94 percent."


We will now observe the pseudocons demonstrating they are literally physically incapable of uttering a single syllable of criticism toward Trump about his astronomical deficits, despite being very, very vocal about deficits when the black guy was President.

In fact, we will see them look at the facts, and stupidly sputter, "B-b-b-b-b-b-b-but Obama!" rather than admit they hired an apprentice President who is an even bigger spender than his predecessor.

Even worse, they will go full Keynes and claim all that overspending is good for the economy!


Great post, as usual!
.
..
 
He's also accelerating GDP growth, which cancels out the increase in deficits.


TA-DAAAAAAAAA!
I called it again! I said you tards would go full Keynesian and claim government overspending is good for the economy!

TA-DAAAAAAAAAA!

Trump's astronomical increase in spending is far outpacing revenues, dumbass. That's why Trump's deficits are getting bigger and bigger!

That's something your propagandists very deliberately do not tell you.
Please show where I said overspending is good for the economy. Ronald Reagan campaigned for a balanced budget amendment in 1980 and beyond. Guess who opposed it and refused to introduce it for debate in Congress. Go ahead, dumbass, guess.
Has Trump pushed for a balanced budget amendment?


Nope!
Instead of ducking, why don't you address what I said?
Where did I say overspending is good for the economy? You made the claim, back it up.
Who opposed the balanced budget amendment? Can't answer?
You claimed the increase on GDP cancelled out the deficits. Classic Keynesian thinking.

And it's a joke.

Why can't you pseudocons bring yourselves to utter a single syllable of criticism about Trump's accelerated spending after eight years of whining about Obama's debt?

You can throw all the red herrings around you wish, but you can't cover up your rampant hypocrisy no matter how hard you try.
And once again, you failed to address the two points I challenged you on. All you seem to be able to do is bitch and moan that I'm not condemning Trump and praising Obama. You quote Ronald Reagan in your sig to mislead people into thinking you're not a leftist yet everything you post here is leftist propaganda. And you call me the hypocrite.
 

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