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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 4:21 pm to cahoots
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?
Posted on 2/13/19 at 4:23 pm to Taxing Authority
quote:
I went back to 1980. Federal spending decreases only three years.
Right and that poster said spending was automatically increasing 5-6%. Clearly it did not. What am I missing?
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