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fox reporting that if every American emptied their savings and paid 100%

Posted on 2/25/20 at 10:35 am
Posted by ApexTiger
cary nc
Member since Oct 2003
56175 posts
Posted on 2/25/20 at 10:35 am
taxes, we couldn't afford 97 trillion over 10 years...

were discussing universal child care "regardless of income" this morning.

pretty sure the founding fathers never intended we become a nanny state...

but here we are talking about it
Posted by bamarep
Member since Nov 2013
52354 posts
Posted on 2/25/20 at 10:37 am to
As my thread yesterday stated. They have ZERO viable way to pay for all this shite.
Posted by Gevans17
Member since Dec 2007
1135 posts
Posted on 2/25/20 at 10:40 am to
He has no intention of paying for any of this. Just trying to crash the whole system.
Posted by YF12
Ottobaan
Member since Nov 2019
4451 posts
Posted on 2/25/20 at 10:46 am to
Thats why you just print 1 trillion dollar notes

Now you can pay off the 97 trillion dollars

Also the cost of a dilly bar at Dairy Queen is now 5 billion dollars
This post was edited on 2/25/20 at 10:47 am
Posted by truthseeker7
Member since Feb 2020
23 posts
Posted on 2/25/20 at 10:50 am to
- $1 trillion budget deficit (projected)
2019 - $960 billion budget deficit (projected)
2018 - $779 billion budget deficit
2017 - $665 billion budget deficit
2016 - $585 billion budget deficit

Here is the actual and projected budget deficit or surplus by fiscal year, according to CBO data for modern history.

You said what!Almost double since 2016. Then look at Bush.

2009 - $1.4 trillion budget deficit
2008 - $455 billion budget deficit
2007 - $162 billion budget deficit
2006 - $248.2 billion budget deficit
2005 - $319 billion budget deficit.

Obama cut in half.
2016 - $585 billion budget deficit
2015 - $439 billion budget deficit
2014 - $514 billion budget deficit
2013 - $719 billion budget deficit
2012 - $1.1 trillion budget deficit
2011 - $1.3 trillion budget deficit
2010 - $1.3 trillion budget deficit
2009 - $1.4 trillion budget deficit

The real problem seems to be Republicans in the White House. Facts from the Congressional budget office. Check it out sometime. I mean facts.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138137 posts
Posted on 2/25/20 at 10:51 am to
How much do you get paid per post?
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
84665 posts
Posted on 2/25/20 at 10:54 am to
quote:

How much do you get paid per post?
Three of his eight posts are
quote:

Prove it!!
Posted by stuntman
Florida
Member since Jan 2013
10547 posts
Posted on 2/25/20 at 10:56 am to
Guys, these retards on the Left believe in Modern Monetary Theory.

IOW, they literally believe the debt doesn't matter, so long as government can tax and print money.

Posted by SirWinston
PNW
Member since Jul 2014
101101 posts
Posted on 2/25/20 at 10:56 am to
This is why it's so important for all of my fellow Patriots to register as Democrats and help nominate CRAZY BERNIE SANDERS.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53100 posts
Posted on 2/25/20 at 10:58 am to
quote:

As my thread yesterday stated. They have ZERO viable way to pay for all this shite.

A Bernie Bro from Virginia told me on here yesterday that they were going to tax the rich and weed to pay for it
This post was edited on 2/25/20 at 10:59 am
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138137 posts
Posted on 2/25/20 at 11:02 am to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53100 posts
Posted on 2/25/20 at 11:03 am to
Yet somehow Bernie is proposing to triple federal spending and you are completely good with that?
This post was edited on 2/25/20 at 11:04 am
Posted by Sidicous
NELA
Member since Aug 2015
19296 posts
Posted on 2/25/20 at 11:18 am to
quote:


Also the cost of a dilly bar at Dairy Queen is now 5 billion dollars
That's the shelf price. You forgot the 225% sales, VAT, state, local, school board, new med board of approval, new acceptability training, abortion funding, ... taxes on tax...
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11860 posts
Posted on 2/25/20 at 11:22 am to
Can you explain with facts, how the deficit was halved and the outstanding debt on current liabilities almost doubled?

Can you also use the CBO facts about what's driving the deficit?

TIA
Posted by Shunface
Lafayette County Detention Center
Member since Jan 2013
5319 posts
Posted on 2/25/20 at 11:45 am to
Democrats benefiting from changes made by Republicans. /democrat logic
Posted by keks tadpole
Yellow Leaf Creek
Member since Feb 2017
8462 posts
Posted on 2/25/20 at 11:54 am to
Some business borrow money to make money.
The question no one ever asks is what did we get for the money borrowed?
$500M for a wall that decreases expenditures long-term in the billions for taking care of illegals vs $500M to solar panel companies that fold?
Stuff like that.
This post was edited on 2/25/20 at 11:55 am
Posted by wheelr
Banned
Member since Jul 2012
5870 posts
Posted on 2/25/20 at 11:59 am to
quote:

- $1 trillion budget deficit (projected)
2019 - $960 billion budget deficit (projected) House - Democrate, Senate - Republican
2018 - $779 billion budget deficit
2017 - $665 billion budget deficit
2016 - $585 billion budget deficit
2015 - $439 billion budget deficit Republicans control Congress
2014 - $514 billion budget deficit
2013 - $719 billion budget deficit
2012 - $1.1 trillion budget deficit
2011 - $1.3 trillion budget deficit House - Republican, Senate - Democrat
2010 - $1.3 trillion budget deficit
2009 - $1.4 trillion budget deficit
2008 - $455 billion budget deficit
2007 - $162 billion budget deficit Democrats control of Congress
2006 - $248.2 billion budget deficit
2005 - $319 billion budget deficit. Republicans control Congress

The real problem seems to be Republicans in the White House. Facts from the Congressional budget office. Check it out sometime. I mean facts.
Posted by PUB
New Orleans
Member since Sep 2017
20679 posts
Posted on 2/25/20 at 12:02 pm to
Why? Maybe Pharma, Corporate Medical and The Insurance Companies are ripping us off and stealing us blind...
All courtesy of The bought and paid for CONgress too
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
79231 posts
Posted on 2/25/20 at 12:06 pm to
quote:

2008 - $455 billion budget deficit
2007 - $162 billion budget deficit


What happened between these two years? Seems like the deficit was shrinking.

FY begins October of the previous year. So something happened in late 2006/early 2007 but I can't figure out what...


Posted by truthseeker7
Member since Feb 2020
23 posts
Posted on 2/25/20 at 12:17 pm to
This day 2008 - Total fed. deficit 50.2
2016 65.9
About 30% with my La public school math.
So not about doubled.

an excess of expenditure or liabilities over income or assets in a given period drives deficits.
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