Deficit booming under Trump - up 23% - Sorry Sarah Lied

[WaitingFor2020]

From the Wall Street Journal:

U.S. Budget Deficit Widens 23% October Through May on Weak Revenue Growth
"""WASHINGTON—The U.S. government’s budget deficit widened in the first eight months of the fiscal year, reflecting lower revenue from corporate taxes combined with ramped-up government spending.

The deficit, or the difference between the amount of money the federal government spent and what it took in, totaled $532.24 billion in October through May, the Treasury Department said Tuesday. That was 23% more than the deficit of $432.85 billion during the same period a year earlier."""

Sarah lies her ass off:

Trump promised to eliminate the deficit.
Trump Promised to Eliminate National Debt in Eight Years. Good Luck With That

This is the kind of shit he doesn't talk about at his rallies. He knows those people are too stupid to ask, too.

 

[Moonglow]

More winning-MAGA.

 

[WaitingFor2020]

More winning-MAGA.

Note the views to this thread and the lack of posts.
Facts befuddle them.
They prefer instead the boasting and swaggering that Trump does at his rallies.
He's better than the Wizard of Oz.

In the meantime, more of what Donnie the Dicktater won't talk about. Instead he picks a fight with Harley Davidson.

Auto Stocks Flop as Daimler Cuts Its Profit Expectations Because of the Brewing U.S.-China Trade War

By BLOOMBERG
June 21, 2018
Daimler became the first prominent company to cut its profit outlook due to escalating trade tensions between the U.S. and China, claiming Chinese customers will now buy fewer cars after Beijing slaps tariffs on U.S. auto imports.

The manufacturer of Mercedes-Benz cars said late Wednesday its full-year earnings excluding some items will be slightly lower than last year. Many SUVs are built in Alabama and then shipped to China. Those vehicles are now caught up in retaliatory tariffs announced in China in response to President Donald Trump’s levies on $50 billion in Chinese goods.

With the rising prospect of an all-out trade war, few industries will be spared and more companies may have to follow Daimler (DDAIF, +0.33%), said Nicholas Smith, a strategist at CLSA Securities in Tokyo. MillerCoors, the maker of Miller Lite and Coors Lite, warned last week that U.S. tariffs on aluminum imports could result in a $40 million hit to its bottom line.

 

[Moonglow]

More winning-MAGA.

Note the views to this thread and the lack of posts.
Facts befuddle them.
They prefer instead the boasting and swaggering that Trump does at his rallies.
He's better than the Wizard of Oz.

In the meantime, more of what Donnie the Dicktater won't talk about. Instead he picks a fight with Harley Davidson.

Auto Stocks Flop as Daimler Cuts Its Profit Expectations Because of the Brewing U.S.-China Trade War

By BLOOMBERG
June 21, 2018
Daimler became the first prominent company to cut its profit outlook due to escalating trade tensions between the U.S. and China, claiming Chinese customers will now buy fewer cars after Beijing slaps tariffs on U.S. auto imports.

The manufacturer of Mercedes-Benz cars said late Wednesday its full-year earnings excluding some items will be slightly lower than last year. Many SUVs are built in Alabama and then shipped to China. Those vehicles are now caught up in retaliatory tariffs announced in China in response to President Donald Trump’s levies on $50 billion in Chinese goods.

With the rising prospect of an all-out trade war, few industries will be spared and more companies may have to follow Daimler (DDAIF, +0.33%), said Nicholas Smith, a strategist at CLSA Securities in Tokyo. MillerCoors, the maker of Miller Lite and Coors Lite, warned last week that U.S. tariffs on aluminum imports could result in a $40 million hit to its bottom line.

First, he gives them the tax breaks they wanted now he's going to increase their taxes, makes no sense.

 

[mikegriffith1]

Sigh. . . . Wow. . . . And where were you worries about the deficit when Obama DOUBLED THE DEFICIT in 2009?

And why aren't you blaming Senate Democrats, i.e., the people who insisted on much higher spending levels than Trump wanted as their price for not filibustering the budget deal? Why aren't you blaming them? The deficit would be smaller if the Dems had not insisted on jacking up spending so much.

Anyway, let's just wait until we have a chance to see the full effects of the tax cuts and the deregulation.

 

[BlindBoo]

Like the pre-Trumpybear unemployment numbers. Just more Fake news designed to make America's children unhappy. Why do you want to make American children unhappy?

.

 

[Intolerant]

Sigh. . . . Wow. . . . And where were you worries about the deficit when Obama DOUBLED THE DEFICIT in 2009?

And why aren't you blaming Senate Democrats, i.e., the people who insisted on much higher spending levels than Trump wanted as their price for not filibustering the budget deal? Why aren't you blaming them? The deficit would be smaller if the Dems had not insisted on jacking up spending so much.

Anyway, let's just wait until we have a chance to see the full effects of the tax cuts and the deregulation.

It’s all about doom and gloom. They are full of piss and vinegar.

 

[BluesLegend]

Fine lets cut welfare spending how many Dems will vote for it?

 

[BluesLegend]

100% of Dem's refuse to cut spending, then complain about spending.

 

[WaitingFor2020]

Sigh. . . . Wow. . . . And where were you worries about the deficit when Obama DOUBLED THE DEFICIT in 2009?

And why aren't you blaming Senate Democrats, i.e., the people who insisted on much higher spending levels than Trump wanted as their price for not filibustering the budget deal? Why aren't you blaming them? The deficit would be smaller if the Dems had not insisted on jacking up spending so much.

Anyway, let's just wait until we have a chance to see the full effects of the tax cuts and the deregulation.

Buh....buh.....buh....but Obama!
Did you not see in my post that TRUMP PROMISED TO END THE DEFICIT?
That's what my post is about, idiot.

 

[WaitingFor2020]

100% of Dem's refuse to cut spending, then complain about spending.

Again, deflecting from Trump's promise shows just how fucking biased and well trained you sheep are.

 

[WaitingFor2020]

Sigh. . . . Wow. . . . And where were you worries about the deficit when Obama DOUBLED THE DEFICIT in 2009?

And why aren't you blaming Senate Democrats, i.e., the people who insisted on much higher spending levels than Trump wanted as their price for not filibustering the budget deal? Why aren't you blaming them? The deficit would be smaller if the Dems had not insisted on jacking up spending so much.

Anyway, let's just wait until we have a chance to see the full effects of the tax cuts and the deregulation.

It’s all about doom and gloom. They are full of piss and vinegar.

Better that than full of shit.

 

[WaitingFor2020]

Well, no one will take up the defense of Trump's promise.
Deficit up 23% in 6 months!
Maybe you should deflect to Hillary, that's always your escape route.

 

[Billy000]

Sigh. . . . Wow. . . . And where were you worries about the deficit when Obama DOUBLED THE DEFICIT in 2009?

And why aren't you blaming Senate Democrats, i.e., the people who insisted on much higher spending levels than Trump wanted as their price for not filibustering the budget deal? Why aren't you blaming them? The deficit would be smaller if the Dems had not insisted on jacking up spending so much.

Anyway, let's just wait until we have a chance to see the full effects of the tax cuts and the deregulation.

The debt under Obama doubled. The deficit was reduced 2/3. Duh!

 

[Kittymom1026]

100% of Dem's refuse to cut spending, then complain about spending.

Again, deflecting from Trump's promise shows just how fucking biased and well trained you sheep are.

Like I told some other 45 cultists, he could shit in their mouths and tell them it was tapioca and they would believe him.

 

[Wuwei]

WASHINGTON—The U.S. government’s budget deficit widened in the first eight months of the fiscal year, reflecting lower revenue from corporate taxes combined with ramped-up government spending.

This seems to be an administration of unintended consequences. What do you expect when you lower taxes and increase spending?

 

[BluesLegend]

100% of Dem's refuse to cut spending, then complain about spending.

Again, deflecting from Trump's promise shows just how fucking biased and well trained you sheep are.

Like I told some other 45 cultists, he could shit in their mouths and tell them it was tapioca and they would believe him.

Is that Trump hatred you are spewing?

 

[WaitingFor2020]

Trump's advisors lie their asses off:

“The budget represents $3 trillion in savings over the course of the 10 years. It’s the second-largest proposed reduction in spending ever, second only to last year’s budget.”
— White House budget director Mick Mulvaney, briefing reporters on the 2019 budget, Feb. 12, 2018

 

[BluesLegend]

WASHINGTON—The U.S. government’s budget deficit widened in the first eight months of the fiscal year, reflecting lower revenue from corporate taxes combined with ramped-up government spending.

This seems to be an administration of unintended consequences. What do you expect when you lower taxes and increase spending?

Nothing stopping you from sending the government extra money each month, go ahead lead by example.

 

[BluesLegend]

The fact is Dem's have ZERO credibility on this topic, none whatsoever. So when they start these threads I just roll my eyes, here libs have some of these