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re: Budget deficit up 13% from last year, on track for nearly 2 trillion dollars

Posted on 3/9/24 at 7:19 am to
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124054 posts
Posted on 3/9/24 at 7:19 am to
quote:

Mr we could use a man like William Jefferson Clinton, today.
To be clear, with this congress, Slick Willie would not have come close to passing a balanced budget. Gingrich & Co had a mandate, and still had to drag WJC kicking and screaming to that endpoint.
Posted by themunch
Earth. maybe
Member since Jan 2007
64691 posts
Posted on 3/9/24 at 7:23 am to
Blaming the old people is classic
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
7509 posts
Posted on 3/9/24 at 7:50 am to
quote:

Unnecessary spending of assloads of cash are what gets you.


For a visual perspective this is 1 trillion dollars in hundred dollar bills:



And we owe 34 of them.
Posted by LSUwag
Florida man
Member since Jan 2007
17319 posts
Posted on 3/9/24 at 9:14 am to
Michigan, you own this disaster.
Posted by frogtown
Member since Aug 2017
5044 posts
Posted on 3/9/24 at 9:16 am to
quote:

Michigan, you own this disaster.


We all own it. Key is electing people who want to do something about it.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422934 posts
Posted on 3/9/24 at 9:17 am to
I would like to hear Trump's plan.



Pre-Covid, he was on the same trajectory with no policies to combat this issue.
Posted by GeauxLSUGeaux
1 room down from Erin Andrews
Member since May 2004
23338 posts
Posted on 3/9/24 at 9:19 am to
quote:

There’s no way he’s making this post after voting for biden, right?


Believe it or not, he really is that stupid.
Posted by joshnorris14
Florida
Member since Jan 2009
45237 posts
Posted on 3/9/24 at 9:22 am to
quote:

One thing that may help is lowering interest rates.


What exactly do you think is the means by which they accomplish this. It is:

quote:

inflate the currency
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69330 posts
Posted on 3/9/24 at 12:25 pm to
quote:

Tax cuts are a bitch


You’re an idiot.

Tax revenue as a % of gdp is at historically normal levels
Posted by bhtigerfan
Baton Rouge
Member since Sep 2008
29531 posts
Posted on 3/9/24 at 12:31 pm to
quote:

Tax cuts are a bitch
You are a bitch.

The fed government is receiving record revenue but continues to overspend.

As usual, we have a huge spending problem, not a revenue problem.
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