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re: Treasury has surplus in June as tariff revenues surge - crazy SOB did it

Posted on 7/11/25 at 5:23 pm to
Posted by JackieTreehorn
Member since Sep 2013
35047 posts
Posted on 7/11/25 at 5:23 pm to
Who would have thought a bunch of fatass liberal manlets on a message board would be wrong again!?
Posted by Flats
Member since Jul 2019
26944 posts
Posted on 7/11/25 at 5:25 pm to
quote:

The OP thread is about June which is ONE MONTH.


So why is the OP pretending that it's some great accomplishment? "crazy SOB did it".

It's like a wife claiming she has a surplus for the week after payday when she's going to run out and go into debt before the next payday. That's not an accomplishment.
Posted by phaz
Waddell, AZ
Member since Jan 2009
6447 posts
Posted on 7/11/25 at 5:26 pm to
Inflation is is decreasing, you really are an obtuse one
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30036 posts
Posted on 7/11/25 at 5:28 pm to
quote:


Inflation is is decreasing, you really are an obtuse one


That is a non-sequitur and thus obtuse.
Posted by BBONDS25
Member since Mar 2008
57140 posts
Posted on 7/11/25 at 5:29 pm to
quote:

So why is the OP pretending that it's some great accomplishment? "crazy SOB did it".


When was the last month there was a surplus?
Posted by TDTOM
Member since Jan 2021
24794 posts
Posted on 7/11/25 at 5:32 pm to
I swear, I think some of you are pulling for failure. Sick fricks.
Posted by FluffyBunnyFeet
Dallas, TX
Member since Oct 2014
3627 posts
Posted on 7/11/25 at 5:33 pm to
quote:

Well, exactly what did he do? I don't think the goal was to have one month of surplus in a year we add a couple trillion to the debt, right?


1. Is your "add a couple trillion to the debt" line just regurgitating the old leftoid talking point from the original CBO score that refused to account for prospective revenues, or do you have valid data to back that up? In short, link please.

2. A journey of a thousand miles begins with the first step. Why don't you just enjoy some good news and take a break from being a blackpill for five seconds.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466895 posts
Posted on 7/11/25 at 5:34 pm to
quote:

Thread is about June,


Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466895 posts
Posted on 7/11/25 at 5:35 pm to
quote:

When was the last month there was a surplus?

When was our last month of 300B deficits outside of Covid?
Posted by pbro62
Baton Rouge
Member since May 2016
15171 posts
Posted on 7/11/25 at 5:37 pm to
You ignorant frick
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
466895 posts
Posted on 7/11/25 at 5:39 pm to
I'm educating ignorant fricks, actually
Posted by pbro62
Baton Rouge
Member since May 2016
15171 posts
Posted on 7/11/25 at 5:40 pm to
Hardly you fricking idiot
Posted by Ten Bears
Florida
Member since Oct 2018
4754 posts
Posted on 7/11/25 at 5:40 pm to
quote:

Another " I Don't accept facts because it ruins my propaganda agenda" poster.


Or you are cherry picking data to promote your agenda or you have little experience with monthly financial statements.

Either way, spiking the football over a one month surplus when the CBO specifically states that it was due to assigning more costs to the previous month than the current month is the epitome of dogmatic ignorance.


This post was edited on 7/11/25 at 6:24 pm
Posted by David_DJS
Member since Aug 2005
21848 posts
Posted on 7/11/25 at 5:44 pm to
quote:

1. Is your "add a couple trillion to the debt" line just regurgitating the old leftoid talking point from the original CBO score that refused to account for prospective revenues, or do you have valid data to back that up? In short, link please.

Do you seriously doubt that fedgov will be upside down by about $2T this year?



quote:

2. A journey of a thousand miles begins with the first step. Why don't you just enjoy some good news

It's not that I see it as bad news. I just don't see it as news, as in it's not a step on any sort of journey other than the one we've been on for a couple of decades that has brought us to $2T deficits.
Posted by FluffyBunnyFeet
Dallas, TX
Member since Oct 2014
3627 posts
Posted on 7/11/25 at 5:51 pm to
quote:

Do you seriously doubt that fedgov will be upside down by about $2T this year?

I seriously don't know and that's why I asked. That's a deficit projection chart which repeats what you said but it doesn't answer my question, which is whether that data factors in prospective tariff revenues or tax revenues or any revenue at all?

Posted by David_DJS
Member since Aug 2005
21848 posts
Posted on 7/11/25 at 5:57 pm to
quote:

I seriously don't know and that's why I asked. That's a deficit projection chart which repeats what you said but it doesn't answer my question, which is whether that data factors in prospective tariff revenues or tax revenues or any revenue at all?

I don't know, but there are similar type questions that go negative. Does it factor in all the additional interest we'll be paying as we re-fi a shite ton of really cheap debt? (one example)

Point is, and what I think we can count on - fedgov has done nothing to take itself off the trajectory in that graph. It is a gargantuan spending creature that only spends more and more and more, and as much as I appreciate Trump for a number of things - he has never been concerned about spending.
Posted by Paddyshack
Land of the Free
Member since Sep 2015
10974 posts
Posted on 7/11/25 at 6:03 pm to
quote:

I don't. In fact, I understand the broader context which makes it the significance of the subject of a single month "surplus" meaningless. I'm not sure how to help you.

So is that a “no” ? No one has claimed that we have balanced the budget?
Posted by FluffyBunnyFeet
Dallas, TX
Member since Oct 2014
3627 posts
Posted on 7/11/25 at 6:08 pm to
quote:

I appreciate Trump for a number of things - he has never been concerned about spending.

Part of the reason why I've voted for him in every election is that I believe he doesn't just throw money into the wind. If citizen Trump is shelling out a ton of cash, the safe bet is that he's spending it to get something that will ROI. I pray that President Trump is operating the same way (as best he can anyway). There's good debt and bad debt and I wish there was some sort of differentiator there to highlight it on these charts, because if he borrows a trillion to earn 10 trillion over the next couple decades I'd say that's a good deal.
This post was edited on 7/11/25 at 6:09 pm
Posted by SOSFAN
Blythewood
Member since Jun 2018
15123 posts
Posted on 7/11/25 at 6:11 pm to
quote:

I'm educating ignorant fricks, actually


Try working on the ignorant frick you talk to in the mirror.



Funny how many posters predicted nothing but doom and gloom for Trump's tarrifs yet we have something positive and now we get the " we'll it's only 1 month" followed by the " but, but, but" crowd.
Posted by David_DJS
Member since Aug 2005
21848 posts
Posted on 7/11/25 at 6:17 pm to
quote:

Part of the reason why I've voted for him in every election is that I believe he doesn't just throw money into the wind. If citizen Trump is shelling out a ton of cash, the safe bet is that he's spending it to get something that will ROI.

Do you remember him lobbying congress to spend more on Covid response than Nancy Pelosi and Dems proposed?

And do you remember where all those tens of billions went? Nearly a hundred billion went to shore up blue cities pensions - what ROI did we get there, and what did that even have to do with Covid?

Do you realize that all the 2020 electioneering BS, or a lot of it anyway, was funded by the Covid relief bill Trump lobbied for and signed off on?

Hundreds of billions of dollars in the name of Covid relief went to liberal causes.

quote:

There's good debt and bad debt and I wish there was some sort of differentiator there to highlight it on these charts, because if he borrows a trillion to earn 10 trillion over the next couple decades I'd say that's a good deal.

This is probably what those that support crazy levels of government spending would tell you it's for.

Modern Monetary Theory (MMT) decrees that governments that issue their currency do not need to rely on taxes or borrowing for spending since they can print as much money as they need. Using MMT, these countries and policies should not be shaped by fears of rising national debt.
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