How can anyone on the left claim Trump has been anything but successful?

[Brain357]

U.S. Budget Deficit Widened in August, Treasury Says

The government ran a $214 billion deficit last month, compared with a $107.7 billion budget gap in August 2017, due to a 30% rise in government outlays, the Treasury Department said Thursday.


The spending increase reflected some accounting shifts and calendar quirks and not actual spending changes. For example, Social Security benefit payments that would have been made in September were made in August due to the Labor Day holiday.

Adjusting for these changes, the government said the deficit was $152 billion in August—still 41% larger than in the year-earlier period.

Government receipts fell 3% in August from a year earlier, in part due to a reduction in remittances from the Federal Reserve. Higher interest payments on the debt, a boost in military spending and rising costs associated with Social Security and Medicare all contributed to higher outlays last month.

More broadly, the federal deficit is ballooning as government spending outpaces revenues. The budget gap totaled $898 billion in the first 11 months of the 2018 fiscal year, 33% larger than at the same point in fiscal year 2017. The government’s fiscal year ends Sept. 30.

Last week, the Congressional Budget Office projected a total deficit of $793 billion for fiscal year 2018, compared with a $665 billion deficit in fiscal year 2017, a 19% increase.


Spending is up 7% so far this fiscal year while revenues have risen 1%, the Treasury said. That doesn’t capture the full impact of the Republican tax overhaul that took effect in January, because it includes revenue from October, November and December—the first three months of fiscal year 2018.

Sounds like trump and repubs want to turn us into Greece.

 

[Brain357]

Spending is up..............and the Fed has been raising the rates...........but revenues have risen 1% via the article

revenues fueled by spending. This isn't sustainable.

 

[rightwinger]

solving simple poverty would render this case study a non-issue.

we really just need a fifteen dollar an hour minimum wage and unemployment compensation at fourteen dollars an hour.

No, what we need is what President Trump has given us, a robust economy in which anyone who wants a job can find one and a labor market so tight, wages will rise naturally as employers compete for the best workers and unemployment has become a lifestyle choice.

Still waiting for wages to rise
How could an economy with 3.7 percent unemployment and an almost fifty percent cut in corporate taxes only see a wage increase of 2.7 percent?

If you recall, each month Obama's Labor Department cautioned us that the drop in unemployment was due, at least in part to so many Americans dropping out of the labor force out of despair of ever finding a decent job, and now all those people have come back to the labor force to find jobs, thus swelling the ranks of job seekers and slowing down the rise in wages. A loyal American would be celebrating our new prosperity instead of yearning for the bad old days under Obama.

You do realize that 13 million americans entered the labor force under the Great Obama.......numbers Crooked Donnie can only dream about

AND YOU ARE A LIAR!!!!! NO where near 13 million jobs!
A) Where is your proof?
B) When you compare the number of jobs when Obama took office with the total now, the difference is a net gain of 11.3 million jobs
The workforce participation rate has ranged between 62.5% to 63%. That’s significantly lower than the 66% rate before the Great Recession. Workforce participation hasn’t been as low as it’s been lately since the Jimmy Carter-era economic malaise of the 1970s.
How many people have given up on seeking jobs? In 2014, FiveThirtyEight
estimated that 8 million working-age Americans were not employed but also not counted in the unemployment rate because they’d stopped looking for jobs.
Here's What Really Happened to Jobs During the Obama Years
And these people KNEW with a President making statements and policies like these there WoULD BE NO jobs!
View attachment 221102

The Great Obama faced an economy losing 800,000 jobs a month when he took office
Once he reversed the Great Bush Recession of 2008, he added 13 million jobs

 

[Brain357]

Soon only the rich will be able to afford college. What's trump doing about that?
Here’s how much more expensive it is for you to go to college than it was for your parents

Students at public four-year institutions paid an average of $3,190 in tuition for the 1987-1988 school year, with prices adjusted to reflect 2017 dollars. Thirty years later, that average has risen to $9,970 for the 2017-2018 school year. That's a 213 percent increase.

 

[Brain357]

How's the war going?

Afghan War Casualty Report: Sept. 28-Oct. 4

 

[eagle1462010]

U.S. Budget Deficit Widened in August, Treasury Says

The government ran a $214 billion deficit last month, compared with a $107.7 billion budget gap in August 2017, due to a 30% rise in government outlays, the Treasury Department said Thursday.


The spending increase reflected some accounting shifts and calendar quirks and not actual spending changes. For example, Social Security benefit payments that would have been made in September were made in August due to the Labor Day holiday.

Adjusting for these changes, the government said the deficit was $152 billion in August—still 41% larger than in the year-earlier period.

Government receipts fell 3% in August from a year earlier, in part due to a reduction in remittances from the Federal Reserve. Higher interest payments on the debt, a boost in military spending and rising costs associated with Social Security and Medicare all contributed to higher outlays last month.

More broadly, the federal deficit is ballooning as government spending outpaces revenues. The budget gap totaled $898 billion in the first 11 months of the 2018 fiscal year, 33% larger than at the same point in fiscal year 2017. The government’s fiscal year ends Sept. 30.

Last week, the Congressional Budget Office projected a total deficit of $793 billion for fiscal year 2018, compared with a $665 billion deficit in fiscal year 2017, a 19% increase.


Spending is up 7% so far this fiscal year while revenues have risen 1%, the Treasury said. That doesn’t capture the full impact of the Republican tax overhaul that took effect in January, because it includes revenue from October, November and December—the first three months of fiscal year 2018.

Sounds like trump and repubs want to turn us into Greece.

You can say that with a straight face after how much debt under Obama..............LOL

It's a problem and has always been a problem........It has always been unsustainable.......they have been saying that for decades now............

Revenue regardless of tax rate over history is 18%...........Yet we spend at 23 to 24% now........have to check......gdp..............unfunded liabilities are coming due.............and the interest on the debt is now 523 billion for last year............which jumped due to the fed raising rates.

Mandatory spending is the lion's share...........without touching it in cuts there is no solution other than eventual implosion.........been that way for a while now...........no one will tackle that.

 

[Brain357]

It is October and the Dow is below highs from January. That is success?

 

[eagle1462010]

Spending is up..............and the Fed has been raising the rates...........but revenues have risen 1% via the article

revenues fueled by spending. This isn't sustainable.

No shit Sherlock...........what do we cut ..........and if you don't cut mandatory you don't fix anything......

Were you concerned for the last 2 decades as it grew.............lol

 

[Brain357]

U.S. Budget Deficit Widened in August, Treasury Says

The government ran a $214 billion deficit last month, compared with a $107.7 billion budget gap in August 2017, due to a 30% rise in government outlays, the Treasury Department said Thursday.


The spending increase reflected some accounting shifts and calendar quirks and not actual spending changes. For example, Social Security benefit payments that would have been made in September were made in August due to the Labor Day holiday.

Adjusting for these changes, the government said the deficit was $152 billion in August—still 41% larger than in the year-earlier period.

Government receipts fell 3% in August from a year earlier, in part due to a reduction in remittances from the Federal Reserve. Higher interest payments on the debt, a boost in military spending and rising costs associated with Social Security and Medicare all contributed to higher outlays last month.

More broadly, the federal deficit is ballooning as government spending outpaces revenues. The budget gap totaled $898 billion in the first 11 months of the 2018 fiscal year, 33% larger than at the same point in fiscal year 2017. The government’s fiscal year ends Sept. 30.

Last week, the Congressional Budget Office projected a total deficit of $793 billion for fiscal year 2018, compared with a $665 billion deficit in fiscal year 2017, a 19% increase.


Spending is up 7% so far this fiscal year while revenues have risen 1%, the Treasury said. That doesn’t capture the full impact of the Republican tax overhaul that took effect in January, because it includes revenue from October, November and December—the first three months of fiscal year 2018.

Sounds like trump and repubs want to turn us into Greece.

You can say that with a straight face after how much debt under Obama..............LOL

It's a problem and has always been a problem........It has always been unsustainable.......they have been saying that for decades now............

Revenue regardless of tax rate over history is 18%...........Yet we spend at 23 to 24% now........have to check......gdp..............unfunded liabilities are coming due.............and the interest on the debt is now 523 billion for last year............which jumped due to the fed raising rates.

Mandatory spending is the lion's share...........without touching it in cuts there is no solution other than eventual implosion.........been that way for a while now...........no one will tackle that.

Yes that's what repubs were saying about Obama and Trump is drastically increasing deficits during a strong economy. So yes, looks like trump is turning us into Greece, and Repubs should agree!

 

[eagle1462010]

Soon only the rich will be able to afford college. What's trump doing about that?
Here’s how much more expensive it is for you to go to college than it was for your parents

Students at public four-year institutions paid an average of $3,190 in tuition for the 1987-1988 school year, with prices adjusted to reflect 2017 dollars. Thirty years later, that average has risen to $9,970 for the 2017-2018 school year. That's a 213 percent increase.

touching all liberal talking points................lol

With Bernie and libs it would be free................yippie.........you don't mention that now do you.........or the Student loan debt from hell also.

 

[Brain357]

Spending is up..............and the Fed has been raising the rates...........but revenues have risen 1% via the article

revenues fueled by spending. This isn't sustainable.

No shit Sherlock...........what do we cut ..........and if you don't cut mandatory you don't fix anything......

Were you concerned for the last 2 decades as it grew.............lol

I've been concerned since Perot, so yes. I stopped being a Republican when bush ruined the balanced budget he was handed from Clinton.

 

[eagle1462010]

U.S. Budget Deficit Widened in August, Treasury Says

The government ran a $214 billion deficit last month, compared with a $107.7 billion budget gap in August 2017, due to a 30% rise in government outlays, the Treasury Department said Thursday.


The spending increase reflected some accounting shifts and calendar quirks and not actual spending changes. For example, Social Security benefit payments that would have been made in September were made in August due to the Labor Day holiday.

Adjusting for these changes, the government said the deficit was $152 billion in August—still 41% larger than in the year-earlier period.

Government receipts fell 3% in August from a year earlier, in part due to a reduction in remittances from the Federal Reserve. Higher interest payments on the debt, a boost in military spending and rising costs associated with Social Security and Medicare all contributed to higher outlays last month.

More broadly, the federal deficit is ballooning as government spending outpaces revenues. The budget gap totaled $898 billion in the first 11 months of the 2018 fiscal year, 33% larger than at the same point in fiscal year 2017. The government’s fiscal year ends Sept. 30.

Last week, the Congressional Budget Office projected a total deficit of $793 billion for fiscal year 2018, compared with a $665 billion deficit in fiscal year 2017, a 19% increase.


Spending is up 7% so far this fiscal year while revenues have risen 1%, the Treasury said. That doesn’t capture the full impact of the Republican tax overhaul that took effect in January, because it includes revenue from October, November and December—the first three months of fiscal year 2018.

Sounds like trump and repubs want to turn us into Greece.

You can say that with a straight face after how much debt under Obama..............LOL

It's a problem and has always been a problem........It has always been unsustainable.......they have been saying that for decades now............

Revenue regardless of tax rate over history is 18%...........Yet we spend at 23 to 24% now........have to check......gdp..............unfunded liabilities are coming due.............and the interest on the debt is now 523 billion for last year............which jumped due to the fed raising rates.

Mandatory spending is the lion's share...........without touching it in cuts there is no solution other than eventual implosion.........been that way for a while now...........no one will tackle that.

Yes that's what repubs were saying about Obama and Trump is drastically increasing deficits during a strong economy. So yes, looks like trump is turning us into Greece, and Repubs should agree!

In order to cut the debt ........you gotta cut 6% and possibly more.........to have a chance at stopping it.........that would require hitting mandatory spending............and reform to those programs.....when the unfunded hits..........we are Greece.........

No politician will tackle that.................it will not end well.

 

[Brain357]

Soon only the rich will be able to afford college. What's trump doing about that?
Here’s how much more expensive it is for you to go to college than it was for your parents

Students at public four-year institutions paid an average of $3,190 in tuition for the 1987-1988 school year, with prices adjusted to reflect 2017 dollars. Thirty years later, that average has risen to $9,970 for the 2017-2018 school year. That's a 213 percent increase.

touching all liberal talking points................lol

With Bernie and libs it would be free................yippie.........you don't mention that now do you.........or the Student loan debt from hell also.

It's a very real concern for those of us with kids. I don't see anything being done about it. I'm not sure any real problems are being fixed.

 

[Brain357]

U.S. Budget Deficit Widened in August, Treasury Says

The government ran a $214 billion deficit last month, compared with a $107.7 billion budget gap in August 2017, due to a 30% rise in government outlays, the Treasury Department said Thursday.


The spending increase reflected some accounting shifts and calendar quirks and not actual spending changes. For example, Social Security benefit payments that would have been made in September were made in August due to the Labor Day holiday.

Adjusting for these changes, the government said the deficit was $152 billion in August—still 41% larger than in the year-earlier period.

Government receipts fell 3% in August from a year earlier, in part due to a reduction in remittances from the Federal Reserve. Higher interest payments on the debt, a boost in military spending and rising costs associated with Social Security and Medicare all contributed to higher outlays last month.

More broadly, the federal deficit is ballooning as government spending outpaces revenues. The budget gap totaled $898 billion in the first 11 months of the 2018 fiscal year, 33% larger than at the same point in fiscal year 2017. The government’s fiscal year ends Sept. 30.

Last week, the Congressional Budget Office projected a total deficit of $793 billion for fiscal year 2018, compared with a $665 billion deficit in fiscal year 2017, a 19% increase.


Spending is up 7% so far this fiscal year while revenues have risen 1%, the Treasury said. That doesn’t capture the full impact of the Republican tax overhaul that took effect in January, because it includes revenue from October, November and December—the first three months of fiscal year 2018.

Sounds like trump and repubs want to turn us into Greece.

You can say that with a straight face after how much debt under Obama..............LOL

It's a problem and has always been a problem........It has always been unsustainable.......they have been saying that for decades now............

Revenue regardless of tax rate over history is 18%...........Yet we spend at 23 to 24% now........have to check......gdp..............unfunded liabilities are coming due.............and the interest on the debt is now 523 billion for last year............which jumped due to the fed raising rates.

Mandatory spending is the lion's share...........without touching it in cuts there is no solution other than eventual implosion.........been that way for a while now...........no one will tackle that.

Yes that's what repubs were saying about Obama and Trump is drastically increasing deficits during a strong economy. So yes, looks like trump is turning us into Greece, and Repubs should agree!

In order to cut the debt ........you gotta cut 6% and possibly more.........to have a chance at stopping it.........that would require hitting mandatory spending............and reform to those programs.....when the unfunded hits..........we are Greece.........

No politician will tackle that.................it will not end well.

Especially when repubs are spending more rather than cutting.

 

[eagle1462010]

Spending is up..............and the Fed has been raising the rates...........but revenues have risen 1% via the article

revenues fueled by spending. This isn't sustainable.

No shit Sherlock...........what do we cut ..........and if you don't cut mandatory you don't fix anything......

Were you concerned for the last 2 decades as it grew.............lol

I've been concerned since Perot, so yes. I stopped being a Republican when bush ruined the balanced budget he was handed from Clinton.

Clinton was forced into that.......massive cuts to military and welfare reform...........Gov't shutdowns forced him into something he later took credit for............

9/11 ...........going to War.........and major disasters increased the debt.........but under the tax cuts the revenues increased.............but then the markets imploded as we all know........Clinton also signed the law that made Too Big to Fail SELF REGULATE.........pushed by the status quo Republicans.........it was a recipe for disaster.

 

[Brain357]

So the debt is drastically increasing during a strong economy.

Healthcare costs are still out of control.

Cost of college is still increasing.

Afghan war continues.

Dow is below January highs.

The country is as divided as ever.

Mexico is not paying for the wall.

All this is success? Because we hit 4% growth for one quarter?

 

[eagle1462010]

U.S. Budget Deficit Widened in August, Treasury Says

The government ran a $214 billion deficit last month, compared with a $107.7 billion budget gap in August 2017, due to a 30% rise in government outlays, the Treasury Department said Thursday.


The spending increase reflected some accounting shifts and calendar quirks and not actual spending changes. For example, Social Security benefit payments that would have been made in September were made in August due to the Labor Day holiday.

Adjusting for these changes, the government said the deficit was $152 billion in August—still 41% larger than in the year-earlier period.

Government receipts fell 3% in August from a year earlier, in part due to a reduction in remittances from the Federal Reserve. Higher interest payments on the debt, a boost in military spending and rising costs associated with Social Security and Medicare all contributed to higher outlays last month.

More broadly, the federal deficit is ballooning as government spending outpaces revenues. The budget gap totaled $898 billion in the first 11 months of the 2018 fiscal year, 33% larger than at the same point in fiscal year 2017. The government’s fiscal year ends Sept. 30.

Last week, the Congressional Budget Office projected a total deficit of $793 billion for fiscal year 2018, compared with a $665 billion deficit in fiscal year 2017, a 19% increase.


Spending is up 7% so far this fiscal year while revenues have risen 1%, the Treasury said. That doesn’t capture the full impact of the Republican tax overhaul that took effect in January, because it includes revenue from October, November and December—the first three months of fiscal year 2018.

Sounds like trump and repubs want to turn us into Greece.

You can say that with a straight face after how much debt under Obama..............LOL

It's a problem and has always been a problem........It has always been unsustainable.......they have been saying that for decades now............

Revenue regardless of tax rate over history is 18%...........Yet we spend at 23 to 24% now........have to check......gdp..............unfunded liabilities are coming due.............and the interest on the debt is now 523 billion for last year............which jumped due to the fed raising rates.

Mandatory spending is the lion's share...........without touching it in cuts there is no solution other than eventual implosion.........been that way for a while now...........no one will tackle that.

Yes that's what repubs were saying about Obama and Trump is drastically increasing deficits during a strong economy. So yes, looks like trump is turning us into Greece, and Repubs should agree!

In order to cut the debt ........you gotta cut 6% and possibly more.........to have a chance at stopping it.........that would require hitting mandatory spending............and reform to those programs.....when the unfunded hits..........we are Greece.........

No politician will tackle that.................it will not end well.

Especially when repubs are spending more rather than cutting.

Boxed into Omnibus spending bills under threat of Gov't Shutdowns.............by the left who demanded more spending.

There are 2 sides to every story.......you only show 1.

What do we cut...........tell us what will save us all...............well................

 

[Brain357]

Spending is up..............and the Fed has been raising the rates...........but revenues have risen 1% via the article

revenues fueled by spending. This isn't sustainable.

No shit Sherlock...........what do we cut ..........and if you don't cut mandatory you don't fix anything......

Were you concerned for the last 2 decades as it grew.............lol

I've been concerned since Perot, so yes. I stopped being a Republican when bush ruined the balanced budget he was handed from Clinton.

Clinton was forced into that.......massive cuts to military and welfare reform...........Gov't shutdowns forced him into something he later took credit for............

9/11 ...........going to War.........and major disasters increased the debt.........but under the tax cuts the revenues increased.............but then the markets imploded as we all know........Clinton also signed the law that made Too Big to Fail SELF REGULATE.........pushed by the status quo Republicans.........it was a recipe for disaster.

Clinton ran on balancing the budget and it happened. Meanwhile repubs are in full control of the government and debt is increasing rapidly during a strong economy. Repubs are a joke.

 

[Brain357]

Sounds like trump and repubs want to turn us into Greece.

You can say that with a straight face after how much debt under Obama..............LOL

It's a problem and has always been a problem........It has always been unsustainable.......they have been saying that for decades now............

Revenue regardless of tax rate over history is 18%...........Yet we spend at 23 to 24% now........have to check......gdp..............unfunded liabilities are coming due.............and the interest on the debt is now 523 billion for last year............which jumped due to the fed raising rates.

Mandatory spending is the lion's share...........without touching it in cuts there is no solution other than eventual implosion.........been that way for a while now...........no one will tackle that.

Yes that's what repubs were saying about Obama and Trump is drastically increasing deficits during a strong economy. So yes, looks like trump is turning us into Greece, and Repubs should agree!

In order to cut the debt ........you gotta cut 6% and possibly more.........to have a chance at stopping it.........that would require hitting mandatory spending............and reform to those programs.....when the unfunded hits..........we are Greece.........

No politician will tackle that.................it will not end well.

Especially when repubs are spending more rather than cutting.

Boxed into Omnibus spending bills under threat of Gov't Shutdowns.............by the left who demanded more spending.

There are 2 sides to every story.......you only show 1.

What do we cut...........tell us what will save us all...............well................

The left have no power, they can't even stop a supreme court nomination. The repubs don't want to decrease spending, only a fool would believe they do.

 

[eagle1462010]

So the debt is drastically increasing during a strong economy.

Healthcare costs are still out of control.

Cost of college is still increasing.

Afghan war continues.

Dow is below January highs.

The country is as divided as ever.

Mexico is not paying for the wall.

All this is success? Because we high 4% growth for one quarter?

There are successes when more Americans work...........when offshore money comes home............when less people need govt assistance..........which all increased under Obama...........

Economy is moving in the right direction.........Out of control spending and obligations of the Gov't never go down........they always go up..............To the cliff we go..........and always headed that way.

 

[Brain357]

So the debt is drastically increasing during a strong economy.

Healthcare costs are still out of control.

Cost of college is still increasing.

Afghan war continues.

Dow is below January highs.

The country is as divided as ever.

Mexico is not paying for the wall.

All this is success? Because we high 4% growth for one quarter?

There are successes when more Americans work...........when offshore money comes home............when less people need govt assistance..........which all increased under Obama...........

Economy is moving in the right direction.........Out of control spending and obligations of the Gov't never go down........they always go up..............To the cliff we go..........and always headed that way.

Gee if more people are working and fewer need assistance why are deficits increasing so rapidly?