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re: National debt tops $22 trillion for the first time as experts warn of ripple effects
Posted on 2/13/19 at 2:35 pm to wickowick
Posted on 2/13/19 at 2:35 pm to wickowick
quote:
Do you understand that the following year (2010) the dems did not pass a budget, they took the previous years budget and added the automatic 5-6% increase and then deemed it passed. EVERY YEAR from 2009 till now, that money is being included every year and that money is compounding at 5-6 annually.
This is the reason why we don't see a budget peak in 2009 and then a drop in 2010. It just continues to grow. They kept it in the budget till it couldn't be removed.
Can you show us some numbers? Spending actually decreased somewhat after 2009 (not seasonally adjusted). I don't see how there is a 5-6% increase every year
This post was edited on 2/13/19 at 2:36 pm
Posted on 2/13/19 at 4:21 pm to cahoots
quote:Not all of the stimulus bill was spending. Some was tax cuts. Regardless you cannot point to *any* year (or series of years) where spending decline by an equivalent $787B.
Can you show us some numbers? Spending actually decreased somewhat after 2009 (not seasonally adjusted). I don't see how there is a 5-6% increase every year
I went back to 1980. Federal spending decreases only three years.
2009 +$535B
2010 -$60B
2011 +$145B
2012 -$66B
2013 -$82B
2014 +$51B
2015 +$182B
2016 +$164B
Did we have some recession in 2015 no one heard about?
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