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03-07-2019, 11:31 AM
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#1 |
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in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Trump now responsible for fastest deficit growth in US history
.....but the economy is great they say. In 4 years Trump will grow the deficit by nearly as much as what it grew under 8 years of Obama. Obama has to deal with a recession and bail outs that Bush signed into law. Trump has a growing economy and is growing the deficit faster than anyone in US history with his tariff war..
President Donald Trump: Total Actual plus Budgeted = $5.683 trillion, almost as much in one term as Obama added in two. That's one reason why so many argue whether Trump or Obama is better for the economy. This would be a 35 percent increase, putting him in the top 10 list. FY 2021 - $916 billion. FY 2020 - $987 billion. FY 2019 - $984 billion. FY 2018 - $833 billion. President Barack Obama: Total = $6.785 trillion, a 57 percent increase. FY 2017 - $666 billion. Although Trump requested additional spending, Congress did not approve it. FY 2016 - $585 billion. FY 2015 - $438 billion. FY 2014 - $485 billion. FY 2013 - $679 billion. FY 2012 - $1.087 trillion. FY 2011 - $1.300 trillion. https://www.thebalance.com/deficit-b...s-hide-3306151
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In November, you can vote for America's next president or its first dictator. |
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03-07-2019, 11:42 AM
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#2 |
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Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 16,062
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Its more fun to break it down by countries...
Tarrif Nafta man to the rescue! China $US419 billion. Canada $US19.8 billion Mexico $US81.5 billion All record trade blow outs!!!!, Trump calls it winning! Art of the Deal stuff... AssPimp will be in to explain it shorty. https://www.smh.com.au/business/the-...07-p512di.html Given the deteriorating trends in the US trade equations, for such smart people, the administration seems to be demonstrating it is peopled with slow learners. |
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03-07-2019, 11:48 AM
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#3 |
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Too lazy to set a custom title
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Join Date: Dec 2011
Posts: 26,732
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early signs of MAGA
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03-07-2019, 11:54 AM
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#4 |
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Too lazy to set a custom title
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Join Date: Dec 2011
Posts: 26,732
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and thesquealer was posting all this copy paste shit about how theres lots and lots of MAGA and now this happens
 if only there was a clue that the emperors new clothes are the emperors new clothes |
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03-07-2019, 11:59 AM
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#5 |
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Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 73,665
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Of course Trump did this during a strong economy....
__________________
“The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL | THE BEST ADULT MAILING SOLUTION |
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03-07-2019, 12:17 PM
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#6 | |
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in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Quote:
__________________
In November, you can vote for America's next president or its first dictator. |
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03-07-2019, 12:19 PM
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#7 | |
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in a van by the river
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Join Date: May 2003
Posts: 76,806
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Quote:
__________________
In November, you can vote for America's next president or its first dictator. |
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03-07-2019, 12:24 PM
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#8 |
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So Fucking Banned
Industry Role:
Join Date: Aug 2016
Posts: 27,033
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"fake news, orange man god, black man bad, hateful liberals, you idiots just want America to go down in flames [insert memes here]"
-ThePorker, UnHungHigh, AssPimple, Robbie Cuck and that aim dude... Probably. |
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03-07-2019, 12:30 PM
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#9 | |
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Jägermeister Test Pilot
Industry Role:
Join Date: Dec 2001
Location: NORCAL
Posts: 73,665
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Quote:
Raising the deficit is bad - always. When Obama did this I was disappointed, but I understand the reason why it was needed. Our country was in trouble, people had lost their jobs, their houses, and the only thing that could bail us out was the federal government. We needed the US government to spend money and invest it into our country. In the process it would cause our deficit to go up. Republicans bitched the entire time. Now our economy is strong but Trump made cuts to taxes for the rich. He is spending more for no reason, and taking in less. Thus, the deficit goes up. And suddenly Republicans are fine with this.
__________________
“The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL | THE BEST ADULT MAILING SOLUTION |
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03-07-2019, 12:33 PM
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#10 |
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Confirmed User
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Posts: 1,313
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03-07-2019, 01:37 PM
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#11 |
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Confirmed User
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Join Date: Feb 2016
Posts: 9,782
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03-07-2019, 01:43 PM
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#12 |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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Jesus H fucking Christ you guys are so gullible.
Who do you think added 10 trillion to the debt in 8 years prior to Trump taking office? And do you have any idea how much interest is paid on this entire 20 trillion in debt? You don't think that has anything to do with it? Good lord you guys will latch onto anything. |
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03-07-2019, 01:50 PM
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I am Amazing Content!
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Join Date: Feb 2004
Posts: 39,826
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Quote:
just saying..
__________________
AmazingContent.com - providing only the best content and service since 2003 Monetize your content on Veegaz.com - one of Germanies largest VOD sites Got German traffic? We convert it into money for you! Skype: madalton02826 - Email: oltecconsult [at] gmail [dot] com |
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03-07-2019, 01:52 PM
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#14 | |
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Confirmed User
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Join Date: Feb 2016
Posts: 9,782
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Face it, Republicans shit all over the floor, piss all over the walls and Dems always have to come in and clean up their shit. EVERY.FUCKING.TIME |
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03-07-2019, 01:54 PM
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#15 |
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Too lazy to set a custom title
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Join Date: Dec 2011
Posts: 26,732
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^^^^^ obvious truth...
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03-07-2019, 01:57 PM
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Videochat Solutions
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Join Date: Aug 2004
Location: Canada
Posts: 49,048
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Next, Why are you trying to change the subject? It's Trump's problem now. Don't you want him to fix it? Or will you suck his cock no matter what? (Don't answer, I already know you will suck his cock no matter what). |
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03-07-2019, 01:58 PM
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#17 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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03-07-2019, 01:58 PM
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#18 | |
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StraightBro
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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Quote:
 The only difference is Trump is in a trade war which has crushed our economy and increased the speed of inflation. This has caused a record 7,000,000 Americans to be 90 months plus late on their car payments which a red flag precursor to recession. |
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03-07-2019, 01:59 PM
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#19 | |
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Too lazy to set a custom title
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Join Date: Oct 2002
Location: Punta Cana, DR
Posts: 29,591
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03-07-2019, 02:00 PM
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#20 |
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Confirmed Asshole
Industry Role:
Join Date: Feb 2003
Location: Half way between sobriety and fubar.
Posts: 12,722
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lol at the alt right sheep calling everyone else gullible
__________________
“If we are to have another contest in the near future of our national existence, I predict that the dividing line will not be Mason and Dixon's but between patriotism and intelligence on the one side, and superstition, ambition and ignorance on the other.” -- Ulysses S. Grant |
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03-07-2019, 02:02 PM
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#21 | |
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Too lazy to set a custom title
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Join Date: Oct 2002
Location: Punta Cana, DR
Posts: 29,591
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Quote:
For all of fiscal 2018, net interest on the public debt rose by $62 billion to about $371 billion, according to the CBO's preliminary numbers. |
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03-07-2019, 02:02 PM
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#22 | |
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StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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Quote:
When the recession hits he'll say it's cyclical and expected. Just like he said billions in tariffs are good. Just like he said car manufacturers going out of business is good. Just like he said dozens of brick and mortar stores going bankrupt is good. |
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03-07-2019, 02:05 PM
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#23 | |
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Confirmed User
Industry Role:
Join Date: Feb 2016
Posts: 9,782
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Quote:
Same thing on steroids. Much bigger tax cuts, much bigger cutting of banking and consumer regulations and bigger deficits. The two biggest things that fucked the economy up in '09. We will totally be unprepared when the next recession hits (and it's coming) and you know the way Trump will deal with it will be 'fake news'. |
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03-07-2019, 02:10 PM
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#24 | |
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StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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Quote:
As the economy has started to unravel Trump just removed the bank restrictions that Obama put in place to protect from another financial collapse. This is a critical mistake. Look at what Trump did yesterday: "The Federal Reserve said it would adjust the structure of its annual “stress tests,” which measure the ability of leading banks to withstand a potential economic or financial storm. The changes make it easier for banks to get regulatory approval to pay higher dividends or buy back their own shares. Separately, a federal oversight panel announced that it will no longer designate big, non-bank financial institutions — insurers, asset managers and the like — as “systemically important.” The classification subjected such firms to more intrusive government regulation." "The bigger change is the Fed’s adjustments to how it conducts its stress tests of 11 of the biggest banks that received government bailouts in 2008. The Fed said on Wednesday that it would end its practice of awarding “pass” or “fail” grades to banks on a portion of the stress tests that measured the capacity of banks to keep lending during a financial crisis or economic downturn. This so-called qualitative section of the test also measured the strength of their risk management and anti-money laundering systems." https://www.nytimes.com/2019/03/06/b...egulation.html No more pass/fail stress tests for the biggest 11 banks, on top of all the other protections removed. So smart /s |
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03-07-2019, 02:16 PM
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#25 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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03-07-2019, 02:17 PM
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#26 | |
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So Fucking Banned
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Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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03-07-2019, 02:23 PM
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#27 | |
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StraightBro
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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03-07-2019, 02:24 PM
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#28 | |
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Too lazy to set a custom title
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Join Date: Dec 2011
Posts: 26,732
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03-07-2019, 02:28 PM
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#29 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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03-07-2019, 02:29 PM
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#30 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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03-07-2019, 02:30 PM
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#31 | |
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www.AdultCopywriters.com
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Join Date: May 2006
Posts: 31,609
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Quote:
__________________
Adult Copywriters  SEO Content for Porn Sites sales at adultcopywriters dot com |
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03-07-2019, 02:30 PM
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#32 | |
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in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Quote:
You are like someone addicted to gambling.. This next time its gonna win big....
__________________
In November, you can vote for America's next president or its first dictator. |
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03-07-2019, 02:35 PM
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#33 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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Quote:
 You live in a god damn echo chamber that doesn't report any of this shit. And do you think Hillary would have done the same or better? |
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03-07-2019, 02:48 PM
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#34 | |
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in a van by the river
Industry Role:
Join Date: May 2003
Posts: 76,806
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Quote:
"buy up to $1.2 trillion" Meaning might be 1.2 trillion, might be a few 100 million... or less..
__________________
In November, you can vote for America's next president or its first dictator. |
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03-07-2019, 02:52 PM
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#35 | |
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StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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Quote:
I just listed major negative record breaking hits to our economy and your response is to attack me personally to distract from the topic. Are you capable of having a straight forward conversation? On top of all those negatives I listed yesterday Trump removed bank regulation that's put stress tests on the banks to make sure they can withstand another collapse. Do you know why? Because some were failing the tests! If your plane started failing safety tests and you chose not to fix it and stop testing would you fly that plane? Deutsche Bank fails Fed stress test while 3 US lenders stumble The annual test found "widespread and critical deficiencies" in the bank's capital planning controls. The Fed also placed conditions on three banks that passed the test. Goldman Sachs Group and Morgan Stanley cannot increase their capital distributions. State Street Corp must improve its counterparty risk management and analysis None of these banks have to make any changes now because as they started failing we decided to stop testing. It's back to driving us into another crash with no protections. |
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03-07-2019, 03:09 PM
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#36 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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Quote:
Meme? C'mon negative nancy. China made an offer of over $1.2 trillion additional commitments to the US. Are you mad? |
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03-07-2019, 03:32 PM
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#37 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Dec 2011
Posts: 26,732
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Quote:
red hats do not get the simplest shit...no new buyers were created...it is a scam LOL |
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03-07-2019, 03:33 PM
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#38 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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03-07-2019, 03:49 PM
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#39 |
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Confirmed User
Industry Role:
Join Date: Feb 2016
Posts: 9,782
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Trump is seriously fucking this country up while the economy is still somewhat good (thanks Obama), just wait until things start going bad. Think of the fucking nightmare if Trump would have came on when Obama did. Half this country would be eating KFC out of the dumpsters. You cultists are fucking things up bad and my guess is you secretly hope the whole shit house goes up in flames because things suck so bad for you already.
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03-07-2019, 03:50 PM
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#40 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Dec 2011
Posts: 26,732
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Quote:
You red hats seem to think that XI went on chin TV and was like "buy more US shit pls!"...you red hats are amazingly stupid... |
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03-07-2019, 03:54 PM
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#41 | |
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So Fucking Banned
Industry Role:
Join Date: May 2001
Location: Your mom's front hole
Posts: 40,906
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03-07-2019, 03:55 PM
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#42 | ||||
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StraightBro
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Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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03-07-2019, 03:56 PM
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#43 | |
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Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 16,062
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Quote:
In fact from the Aus government.. https://trademinister.gov.au/release...r_190205a.aspx "total trade covered by free trade agreements has increased from 26 per cent to around 70 per cent, providing more opportunities for Australian exporters to sell their quality produce and goods to the world." |
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03-07-2019, 04:55 PM
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#44 |
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Too lazy to set a custom title
Industry Role:
Join Date: Dec 2011
Posts: 26,732
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Trump supporters seem to think that china suddenly needs 1.2 trillion in extra goods LOL
how amusing is that? They actually believe that it is an increase in global demand...oh my god LOL... |
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03-07-2019, 05:02 PM
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#45 |
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BANNED
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Join Date: Oct 2004
Location: In Your Head
Posts: 25,158
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Facts
__________________
. Yes, fewer illegal immigrants working equates to more job opportunities for American citizens. Rochard |
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03-08-2019, 08:03 AM
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#46 | |
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StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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__________________
 Skype: CallTomNow |
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03-08-2019, 08:10 AM
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#47 | |
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StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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__________________
Skype: CallTomNow |
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03-08-2019, 08:25 AM
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#48 | |
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StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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03-09-2019, 11:06 AM
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#49 |
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Too lazy to set a custom title
Industry Role:
Join Date: Jan 2001
Location: Sydney
Posts: 16,062
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Foxnews is even waking up your countries being bankrupted.
https://www.foxbusiness.com/economy/...n-seem-to-care The federal budget deficit is ballooning on President Donald Trump’s watch and few in Washington seem to care. Trump’s budget arrives as the latest Treasury Department figures show a 77 percent spike in the deficit over the first four months of the budget year, driving by falling revenues and steady growth in spending. Trump’s 2017 tax cut bears much of the blame, along with sharp increases in spending for both the Pentagon and domestic agencies and the growing federal retirement costs of the baby boom generation. Promises that the tax cut would stir so much economic growth that it would mostly pay for itself have been proved woefully wrong. |
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03-09-2019, 11:07 AM
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#50 | |
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StraightBro
Industry Role:
Join Date: Aug 2003
Location: Monarch Beach, CA USA
Posts: 56,229
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Quote:
__________________
Skype: CallTomNow |
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