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Giant_Aspirin 09/11/18 1:28:24 PM #1: |
http://thehill.com/policy/finance/406040-federal-deficit-soars-32-percent-to-895b
The federal deficit hit $895 billion in the first 11 months of fiscal 2018, an increase of $222 billion, or 32 percent, over the same period the previous year, according to the Congressional Budget Office (CBO). The nonpartisan CBO reported that the central drivers of the increasing deficit were the Republican tax law and the bipartisan agreement to increase spending. As a result, revenue only rose 1 percent, failing to keep up with a 7 percent surge in spending, it added --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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KiwiTerraRizing 09/11/18 1:29:01 PM #2: |
Small government conservatives
--- Trucking Legend Don Schneider ... Copied to Clipboard!
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UnholyMudcrab 09/11/18 1:29:10 PM #3: |
Fiscal responsibility --- ... Copied to Clipboard!
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Manocheese 09/11/18 1:30:14 PM #4: |
Thanks, Obama.
--- ()_() Hardcore - We'll probably be modded for this... (o.o) http://manocheese.googlepages.com/manocheesery ... Copied to Clipboard!
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Bloodychess 09/11/18 1:30:21 PM #5: |
Thanks Obama
Edit: Damnit! --- To err is human To arr is pirate ... Copied to Clipboard!
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John_Galt 09/11/18 1:30:48 PM #6: |
Yup, spending is out of control
Time to make harsh cuts across the board --- Who is John Galt? ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 1:31:10 PM #7: |
idk why i had to include (32%) in the title when i already put "32 percent". derp
--- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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BWing 09/11/18 1:31:17 PM #8: |
Giant_Aspirin posted...
The nonpartisan CBO reported that the central drivers of the increasing deficit were the Republican tax law and the bipartisan agreement to increase spending. As a result, revenue only rose 1 percent, failing to keep up with a 7 percent surge in spending, it added @Womp_Womp ... Copied to Clipboard!
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Chad-Henne 09/11/18 1:31:37 PM #9: |
"Good numbers, amazing numbers"
--- ... Copied to Clipboard!
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DifferentialEquation 09/11/18 1:32:08 PM #10: |
You have to spend money to make money. And Trump knows how to make money.
--- There's no business to be taxed. ... Copied to Clipboard!
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darkjedilink 09/11/18 1:34:00 PM #11: |
John_Galt posted...
Yup, spending is out of control --- 'It's okay that those gangbangers stole all my personal belongings and cash at gunpoint, cuz they're building a rec center!' - OneTimeBen ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 1:35:02 PM #12: |
DifferentialEquation posted...
You have to spend money to make money. And Trump knows how to make money. A+ DE post, keep up the quality work --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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Bishop9800 09/11/18 1:35:06 PM #13: |
DifferentialEquation posted...
You have to spend money to make money. And Trump knows how to spend money. FTFY --- Seriously. I don't care what side of the fence someone is on, if they are a piece of crap, they are a piece of crap. ... Copied to Clipboard!
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Anarchy_Juiblex 09/11/18 1:36:20 PM #14: |
So we're content to add nearly a trillion to the debt every year?
Gold/ammo is looking like a great long term investment. --- "Tolerance of intolerance is cowardice." ~ Ayaan Hirsi Ali ... Copied to Clipboard!
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lifeamovie 09/11/18 1:37:08 PM #15: |
Debt is largely meaningless
Our net worth is way above that --- What makes a man turn neutral? ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 1:44:59 PM #16: |
Im the king of debt. Im great with debt. Nobody knows debt better than me, Trump told Norah ODonnell in an interview that aired on CBS This Morning. Ive made a fortune by using debt, and if things dont work out I renegotiate the debt. I mean, thats a smart thing, not a stupid thing.
How do you renegotiate the debt? ODonnell followed up. You go back and you say, hey guess what, the economy crashed, Trump replied. Im going to give you back half. https://www.politico.com/story/2016/06/trump-king-of-debt-224642 --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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Tyranthraxus 09/11/18 1:47:54 PM #17: |
Giant_Aspirin posted...
Im the king of debt. Im great with debt. Nobody knows debt better than me, Trump told Norah ODonnell in an interview that aired on CBS This Morning. Ive made a fortune by using debt, and if things dont work out I renegotiate the debt. I mean, thats a smart thing, not a stupid thing. Lmao what --- It says right here in Matthew 16:4 "Jesus doth not need a giant Mecha." https://imgur.com/dQgC4kv ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 1:51:39 PM #18: |
Tyranthraxus posted...
Giant_Aspirin posted...Im the king of debt. Im great with debt. Nobody knows debt better than me, Trump told Norah ODonnell in an interview that aired on CBS This Morning. Ive made a fortune by using debt, and if things dont work out I renegotiate the debt. I mean, thats a smart thing, not a stupid thing. that's a direct quote from the President of the United States of America demonstrating his impeccable understanding of economics --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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Turbam 09/11/18 1:52:44 PM #19: |
That just means we need to double down
--- ~snip (V)_(;,;)_(V) snip~ I'm just one man! Whoa! Well, I'm a one man band! https://imgur.com/p9Xvjvs ... Copied to Clipboard!
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ArchiePeck 09/11/18 1:53:15 PM #20: |
Yeah but a bunch of old rich white men are now slightly richer!
... Copied to Clipboard!
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DifferentialEquation 09/11/18 1:58:55 PM #22: |
Giant_Aspirin posted...
Im the king of debt. Im great with debt. Nobody knows debt better than me, Trump told Norah ODonnell in an interview that aired on CBS This Morning. Ive made a fortune by using debt, and if things dont work out I renegotiate the debt. I mean, thats a smart thing, not a stupid thing. What's wrong with that? Having our debt cut in half would be a good thing. --- There's no business to be taxed. ... Copied to Clipboard!
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D-Lo_BrownTown 09/11/18 2:00:06 PM #23: |
So is Obama gonna get on TV and take credit for this too?
--- You Messin Wit Da Real Deal Now https://i.imgtc.com/AKqOHFK.mp4 ... Copied to Clipboard!
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Damn_Underscore 09/11/18 2:00:15 PM #24: |
Thankfully we're still in Obama's economy, this would have been horrible for Trump.
--- Shenmue II = best game of all time Shenmue = 2nd best game of all time ... Copied to Clipboard!
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P4wn4g3 09/11/18 2:01:32 PM #25: |
Republicans: We can't help the poor when we are this much in debt!
Also republicans: Let's increase the debt each year and give handouts to the rich! --- 7D ChessMaster of Dark Aether https://www.gamefaqs.com/boards/851-dark-aether ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 2:03:28 PM #26: |
DifferentialEquation posted...
Giant_Aspirin posted...Im the king of debt. Im great with debt. Nobody knows debt better than me, Trump told Norah ODonnell in an interview that aired on CBS This Morning. Ive made a fortune by using debt, and if things dont work out I renegotiate the debt. I mean, thats a smart thing, not a stupid thing. you're right, i wonder why Trumpy doesn't do it? maybe it goes back to the whole "spend money to make money" thing you mentioned earlier. --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 2:04:48 PM #27: |
Damn_Underscore posted...
Thankfully we're still in Obama's economy, this would have been horrible for Trump. i had to read the name three times to be sure this wasn't DE --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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DifferentialEquation 09/11/18 2:20:59 PM #28: |
P4wn4g3 posted...
Republicans: We can't help the poor when we are this much in debt! The rich are the ones who provide the jobs and the products we buy every day. When you help the rich you're necessarily helping the poor too. --- There's no business to be taxed. ... Copied to Clipboard!
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Questionmarktarius 09/11/18 2:23:30 PM #29: |
"Austerity" is not a dirty word.
... Copied to Clipboard!
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Axiom 09/11/18 2:28:37 PM #30: |
Anyone that's been paying attention the last couple years saw this coming. All Trump cares about is benefiting his fellow rich. He doesn't give a damn about the country or the people that don't benefit him
Also related Trump then offered a suggestion that could make it easier to drop the top corporate rate to 15%: Raise the top individual rate to 44% from 39.6%. "I'll take the personal top rate to 44% if I can get the corporate rate to 15%," Trump said, Woodward wrote. "Sir, you can't take the top rate up," Cohn reportedly responded. "You just can't." "What do you mean?" Trump reportedly replied. "You're a Republican," Cohn, a Democrat, apparently explained, adding that Trump would "get absolutely destroyed" if he raised the top rate. ... Copied to Clipboard!
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Womp_Womp 09/11/18 2:29:43 PM #31: |
BWing posted...
Giant_Aspirin posted...The nonpartisan CBO reported that the central drivers of the increasing deficit were the Republican tax law and the bipartisan agreement to increase spending. As a result, revenue only rose 1 percent, failing to keep up with a 7 percent surge in spending, it added Womp womp ... Copied to Clipboard!
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DifferentialEquation 09/11/18 2:31:13 PM #32: |
Axiom posted...
Anyone that's been paying attention the last couple years saw this coming. All Trump cares about is benefiting his fellow rich. He doesn't give a damn about the country or the people that don't benefit him False. I'm not rich or even close to it and Trump's tax cuts increase my take home pay. --- There's no business to be taxed. ... Copied to Clipboard!
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Antifar 09/11/18 2:32:03 PM #33: |
It was a mistake to take Republicans at their word when they talked about their concern for the deficit.
--- kin to all that throbs ... Copied to Clipboard!
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Damn_Underscore 09/11/18 2:32:11 PM #34: |
The deficit going up does not benefit the rich. Something like the tax cuts benefited a lot of rich rich people but it also benefited everyone... at least in the short term.
Creating an antagonism between "the rich" and everyone else by blaming (Trump pandering to) the rich helps no one. --- Shenmue II = best game of all time Shenmue = 2nd best game of all time ... Copied to Clipboard!
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hockeybub89 09/11/18 2:32:45 PM #35: |
Time to raise the defense budget and slash all social programs
--- ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 2:34:01 PM #36: |
hockeybub89 posted...
Time to raise the defense budget and slash all social programs GOP gonna GOP --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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BWing 09/11/18 2:35:27 PM #37: |
https://www.cnbc.com/2018/09/11/trump-once-considered-just-printing-money-to-lower-the-national-debt-woodward-reports.html
Trump's response to debt. Print more money! ... Copied to Clipboard!
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Hawaiian_punch 09/11/18 2:36:28 PM #38: |
KiwiTerraRizing posted...
Small government conservatives UnholyMudcrab posted...
I am sure the tea party will care, right? After all they blocked anything Obama did until he eliminated the deficit. Right? Right? Guys? ... Copied to Clipboard!
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Hawaiian_punch 09/11/18 2:37:27 PM #39: |
DifferentialEquation posted...
You have to spend money to make money. And Trump knows how to make money. Funny how you didnt think the same with Obamas recovery package/stimulus bill, @DifferentialEquation ... Copied to Clipboard!
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Heineken14 09/11/18 2:38:14 PM #40: |
Meh, were at a point where debt and deficit dont matter. Cant remember why exactly, but were fine with out of control spending for sone reason. Itll cone back to me on why we should care about that in 2 to 6 years.
--- Rage is a hell of an anesthetic. ... Copied to Clipboard!
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Axiom 09/11/18 2:38:55 PM #41: |
BWing posted...
https://www.cnbc.com/2018/09/11/trump-once-considered-just-printing-money-to-lower-the-national-debt-woodward-reports.html Using the Zimbabwe tactic ... Copied to Clipboard!
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divot1338 09/11/18 2:43:01 PM #42: |
Tyranthraxus posted...
Giant_Aspirin posted...Im the king of debt. Im great with debt. Nobody knows debt better than me, Trump told Norah ODonnell in an interview that aired on CBS This Morning. Ive made a fortune by using debt, and if things dont work out I renegotiate the debt. I mean, thats a smart thing, not a stupid thing. He does not have good credit. --- Moustache twirling villian https://i.imgur.com/U3lt3H4.jpg- Kerbey ... Copied to Clipboard!
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DifferentialEquation 09/11/18 2:46:08 PM #43: |
Hawaiian_punch posted...
DifferentialEquation posted...You have to spend money to make money. And Trump knows how to make money. I thought it was implied, but let be more precise. You have to spend money wisely. So far, I agree with everything Trump has done and I can't recall a single instace where I agreed with Obama's fiscal policy. --- There's no business to be taxed. ... Copied to Clipboard!
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P4wn4g3 09/11/18 2:49:46 PM #44: |
DifferentialEquation posted...
The rich are the ones who provide the jobs and the products we buy every day. Who exactly are "the rich" providing money to other than themselves? A handful of assistants, lawyers, accountants, and doctors sure. They aren't the ones actually employing people as far as organizations go. --- 7D ChessMaster of Dark Aether https://www.gamefaqs.com/boards/851-dark-aether ... Copied to Clipboard!
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BWing 09/11/18 2:50:03 PM #45: |
Axiom posted...
BWing posted...https://www.cnbc.com/2018/09/11/trump-once-considered-just-printing-money-to-lower-the-national-debt-woodward-reports.html Yep, lol ... Copied to Clipboard!
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Giant_Aspirin 09/11/18 2:56:32 PM #46: |
Hawaiian_punch posted...
DifferentialEquation posted...You have to spend money to make money. And Trump knows how to make money. --- Playing: Dead Cells; Xenoblade 2; Mario Odyssey (~);} - I suppose it will all make sense when we grow up - {;(~) ... Copied to Clipboard!
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DifferentialEquation 09/11/18 2:58:28 PM #47: |
Giant_Aspirin posted...
Hawaiian_punch posted...DifferentialEquation posted...You have to spend money to make money. And Trump knows how to make money. That's not true. --- There's no business to be taxed. ... Copied to Clipboard!
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SuperMedz3 09/11/18 4:58:11 PM #49: |
Bloodychess posted...
Thanks Obama --- Fallout 4 ... Copied to Clipboard!
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Nomadic View 09/11/18 4:59:17 PM #50: |
Obamas economy.
--- {}\\{}(o){}\\//{}//=\\{})){}(< \\//{}{{-{}//\\{} {}xxxxxxxx{};;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;;> ... Copied to Clipboard!
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CableZL 09/12/18 10:24:04 AM #51: |
I was told the tax cut was going to pay for itself
--- ... Copied to Clipboard!
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