Federal deficit grows by 32% to $900B

[LV426]

And our governments national debt does have an impact on our economy.

No.

It might affect borrowing rates, but it didn't in the 8 years of Obama. So 2009-2017 pretty much undermine your shitty argument about the debt impacting our economy.

I also notice how you don't get into how it affects the economy. That's because, in typical crapwacko fashion, you rush through a response and can't be expected to support whatever bullshit you believe in any given day. You expect me to accept the premise that you've done the work to understand this subject. But like with most things here, you have barely a kiddie-pool deep understanding of what you're talking about. That leads you to make stupid fucking statements like this one. Statements designed to be broad and generalized to allow yourself maximum wiggle room within the parameters later. I've long since given up on you being truthful or informed on complex subjects like this. You just seem to be repeating "conventional wisdom" you gleaned off someone else, at some point.

It's so fucking lazy.

 

[TTQ64]

Even if you cut all discretionary spending, you're still running deficits higher than those Obama left behind.

In all this, none of you have been able to articulate exactly why you care about debts and deficits so much. Niether has any impact on your daily life. Neither has even had an effect on borrowing rates for the US government. So you run up deficits and debts with your tax cuts, then cry chicken little over the deficits that result from them.

What a fucking fraud. Who buys this shit?

Most of Americans...they brought into this sham long ago.

 

[LV426]

If it didn't we would print money to statisty our every want. Right troll?

So what's really shitty about you is that you exist only in a world of polar extremes; that it has to be either cut spending or print money. But there's a third option in there you are deliberately avoiding; raising revenue.

We just cut taxes because you shitty assholes all said doing so would bring jobs back, increase wages by as much as $9,000, grow the market, grow the economy, and reduce the debt.

So far, you're 0-5.

So rather than let that farce continue, how about we repeal those tax cuts and increase them on corporations and the wealthy to close deficits? That is, if you are truly concerned with deficits and aren't just posturing on an anonymous message board.

 

[Getin the ring]

No.

It might affect borrowing rates, but it didn't in the 8 years of Obama. So 2009-2017 pretty much undermine your shitty argument about the debt impacting our economy.

I also notice how you don't get into how it affects the economy. That's because, in typical crapwacko fashion, you rush through a response and can't be expected to support whatever bullshit you believe in any given day. You expect me to accept the premise that you've done the work to understand this subject. But like with most things here, you have barely a kiddie-pool deep understanding of what you're talking about. That leads you to make stupid fucking statements like this one. Statements designed to be broad and generalized to allow yourself maximum wiggle room within the parameters later. I've long since given up on you being truthful or informed on complex subjects like this. You just seem to be repeating "conventional wisdom" you gleaned off someone else, at some point.

It's so fucking lazy.

YOU, telling someone they don't understand this subject, is like the height of irony

 

[TTQ64]

Most of that is from your shitty tax cuts.

Your shitty tax cuts reduce revenue, which creates deficits, which adds to debt.

So if you were serious about debt and deficits, you wouldn't support tax cuts.

But here you are, complaining about a problem caused by the thing you support.

That makes your entire argument masturbatory. You cut taxes, which cuts revenue, which creates deficits, then bemoan the deficits you just created with your tax cuts.

What a fucking fraud.

As long as his tax money doesn't go to helping them lazy niggas..........deficits are just fine with him.

 

[LV426]

Not at all troll. Cut taxes and cut spending. Not a difficult concept to understand unless you are here to troll.

What spending do you want to cut????

I'm the second person who asked you in this thread, and I know I've asked you countless times before.

Even if you cut all discretionary spending, you are still running deficits bigger than the last one Obama left behind.

So what spending do you want to cut? You have $900B to find in the $4T budget. Go for it.

 

[TTQ64]

Build the wall, and we won't have to spend billions of dollars supporting a bunch of wet backs. The reason the deficit is so high is a direct result of how many people are getting welfare. One more thing. Tax cuts have never caused a recession. That has one cause. Overspending. Get rid of all illegals and we would save billions of dollars.

Told ya!

 

[Getin the ring]

You're not keeping more of your money, you're keeping less.

Real wages have stagnated and/or declined, and inflation and health care costs eat up the $350 a year and then some, you get to keep thanks to the Russia Tax Cut.

So thanks to this tax cut, you actually end up keeping less because you have to pay more for health care & inflation.

What a fucking idiot.

you need your head squished, but we all know.. cyber bullies know that is not possible

but I thought Obamacare was going to lower health care costs

do you ever make consistent argument?

 

[Truth Detector]

talk about the poorly educated

No one is talking about you Guano; crawl back in your hole.

 

[TTQ64]

Not at all troll. Cut taxes and cut spending. Not a difficult concept to understand unless you are here to troll.

Ahhh, so now he's a troll?

You've had this same lesson from me. You believe in the okie doke.

 

[Truth Detector]

Tax cuts absolutely caused a recession, and here's Bush the Dumber tying his tax cuts to the growth of the housing market in 2004:

Bush Ties Policy to Record Home Ownership
Touting his tax cuts as the economy's savior — and pointing to the strong housing market as proof — Bush said "more people own their own home now than ever." More than 50 percent of minorities owned their own homes in the last three months of 2003 for the first time ever, the president said.

And even if tax cuts don't cause recessions (they do), the increased deficits from those tax cuts hinder the government's ability to respond to a recession.

Stop.

There you go again with the same massive pile of leftist bile. Same dumb bullshit, different day. This moron even trolls his own threads.

 

[Truth Detector]

Been saying this for years on this board.

White people don't want their tax dollars going to help Blacks so the GOPigs create laws and lies that will limit the amount they pay.

They have been lying about taxes for decades.

Moron thinks everything is racist.

 

[TTQ64]

Pfft. Good luck getting a straight answer out of that loser.

Even if you cut all discretionary spending, you're still ending up with a higher deficit than the one Obama left.

Oh I've had this argument with this fool before.....in fact with just about everyone on this board.

I got called a racist.

 

[Truth Detector]

We collect and pay taxes to SPEND IT you fool.

LMAOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

I aint......I have never been fooled by any of these racist fools on this board. If you support the republican party.......this is what you support.

 

[LV426]

Cut taxes and cut spending.

So take me through that math, because I don't think you've done that work. Because you're fat. And lazy. And entitled.

The current budget is about $4.1T, and we have a $900B deficit.

Social Security is about $1.25T
Medicare/Medicaid are $1.25T
Net interest on the debt is $315B
Defense is $717B

That comes to $3.5T in non-discretionary spending.

So that leaves just about $600B for all non-defense discretionary spending.

$900B deficit - $600B discretionary spending still leaves a deficit of $300B.

Your position is that all deficits are bad.

So even the math doesn't shake out for whatever fantasy you have. Revenues have to be raised. If deficits and debt are your concern, you'd be supporting tax increases because there's not enough spending to cut to balance the budget. I know because I just did the math for you.

 

[cawacko]

What spending do you want to cut????

I'm the second person who asked you in this thread, and I know I've asked you countless times before.

Even if you cut all discretionary spending, you are still running deficits bigger than the last one Obama left behind.

So what spending do you want to cut? You have $900B to find in the $4T budget. Go for it.

We start with the two largest expenses; entitlements and military. Any other talk isn't addressing the problem.

We can also talk overspending/misspending on the local level.

Edit: are you so programmed as a partisan that you can only think in terms of Obama and Trump and not look at the big picture?

 

[LV426]

Are you capable of having a big picture thought or does trolling not allow you to do that?

I already gave you the big picture, it's called fiscal terrorism:

Manufacture deficits to use as an excuse to cut spending you're ideologically opposed to, but lack the courage, will, and support to repeal through conventional legislation.

 

[Truth Detector]

So what's really shitty about you is that you exist only in a world of polar extremes; that it has to be either cut spending or print money. But there's a third option in there you are deliberately avoiding; raising revenue.

We don't have a revenue problem you willful idiot; we have a SPENDING problem. Revenue is UP you twit.

 

[Truth Detector]

As long as his tax money doesn't go to helping them lazy niggas..........deficits are just fine with him.

Riding the SHORT Race hustling BUS

The TROLL TRAIN!

 

[LV426]

Do you have any core political beliefs?

As much as I'd love to make this about me, it's not.

It's about your inability to admit that tax cuts are a fucking sham that you fell for because you're a sucker.