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re: U.S. budget deficit swells to almost $2 trillion for fiscal 2026, up 12% in a single year

Posted on 10/17/26 at 1:14 pm to
Posted by SlidellCajun
Slidell la
Member since May 2019
17401 posts
Posted on 10/17/26 at 1:14 pm to
Trumps legacy
Posted by Ten Bears
Florida
Member since Oct 2018
5399 posts
Posted on 10/17/26 at 1:26 pm to
quote:

In two years Trump’s tariffs will make up for that deficit 5 fold


When you’re this stupid, do you know you’re stupid or do you think you’re actually saying something intelligent? I’m genuinely curious to know.

Here is a test question….we import roughly $3.3 trillion in goods. Our deficit is $2 plus TRILLION. At what rate would we have to tariff imports to cover our deficit?

Bonus Question….would trade stay at the same level at the above tarrif rate?
Posted by i am dan
NC
Member since Aug 2011
33014 posts
Posted on 10/17/26 at 2:03 pm to
quote:

What time is it where you are?

EST
Posted by i am dan
NC
Member since Aug 2011
33014 posts
Posted on 10/17/26 at 2:04 pm to
What the hell are you talking about?
Posted by ronricks
Member since Mar 2021
14345 posts
Posted on 10/17/26 at 2:06 pm to
quote:

What the hell are you talking about?

He’s a true believer. He really believes everything Trump says no matter how asinine or detached from reality. I wish he was a troll but he’s not. He really believes that.
Posted by MyMardiGrasHat
Member since Sep 2026
340 posts
Posted on 10/17/26 at 3:04 pm to
Our next president should give Elon the ICE migrant center lesson
Posted by Cito2point0
Member since Aug 2024
274 posts
Posted on 10/17/26 at 3:06 pm to
quote:

In two years Trump’s tariffs will make up for that deficit 5 fold


Well our trade deficit has only increased since "liberation day". Tariffs don't seem to be working yet.
Posted by Taxing Authority
Houston
Member since Feb 2010
64388 posts
Posted on 10/17/26 at 3:45 pm to
quote:

Your party is who you vote for.
Well Trump has outspent his democrat predecessors in both terms so… wHoDuDyOuVoTeFor?
Posted by Taxing Authority
Houston
Member since Feb 2010
64388 posts
Posted on 10/17/26 at 3:49 pm to
quote:

Numbers are just numbers. … In two years Trump’s tariffs will make up for that deficit 5 fold
please show your math on that claim. Cannot wait to show how we’ll generate $10T per year in tariff collection.
Posted by Powerman
Member since Jan 2004
176684 posts
Posted on 10/17/26 at 3:51 pm to
He is being sarcastic and mocking the cult
Posted by Taxing Authority
Houston
Member since Feb 2010
64388 posts
Posted on 10/17/26 at 3:53 pm to
quote:

He is being sarcastic and mocking the cult
Hard to tell these days around here.
Posted by redneck hippie
Oklahoma
Member since Dec 2008
6496 posts
Posted on 10/17/26 at 3:55 pm to
quote:

When you’re this stupid, do you know you’re stupid or do you think you’re actually saying something intelligent?


I’ve pondered this before. In general I think smart people realize they are smart and dumb people realize they are dumb. However, there is a subset on the scale that are so dumb they don’t realize they are dumb. Completely confident and always wrong. There’s a lot of those types in the MAGA cult
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
13806 posts
Posted on 10/17/26 at 4:30 pm to
quote:

In the 2026 fiscal year, the U.S. shelled out more than $1.3 trillion in interest on the national public debt.


I think interest on the debt has a lot to do with the deficit. Only way to combat this is for the FED to get off the high horse and let the economy inflate naturally with a huge rate cut and I know that it may hurt some people with old money that live on interest alone, but at this point it may be our only option.
Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
13943 posts
Posted on 10/17/26 at 4:32 pm to
quote:

Well Trump has outspent his democrat predecessors in both terms so… wHoDuDyOuVoTeFor?


would you like to bet that the next 2 dem admins DON'T outspend him?

What is their plan, since you are voting for it?

Where do the returned illegals fit in?
Posted by DeBoar
Member since Jan 2024
6942 posts
Posted on 10/17/26 at 4:34 pm to
He’s still mad Dems didn’t win.
Posted by j1897
Member since Nov 2011
5249 posts
Posted on 10/17/26 at 5:21 pm to
quote:

I think interest on the debt has a lot to do with the deficit. Only way to combat this is for the FED to get off the high horse and let the economy inflate naturally with a huge rate cut and I know that it may hurt some people with old money that live on interest alone, but at this point it may be our only option.


Pretty much is, but it will be painful for everyone.
Posted by Taxing Authority
Houston
Member since Feb 2010
64388 posts
Posted on 10/17/26 at 8:31 pm to
quote:

would you like to bet that the next 2 dem admins DON'T outspend him?
Not an argument of merit. That’s a pre-excuse.What future presidents do.. or don’t do… isn’t a reason to spend more now.

quote:

What is their plan, since you are voting for it?
Who (of you imagine) I’m voting for? Especially since no one has even declared for 2028.

quote:

Where do the returned illegals fit in?
Huh? What does that have to do with Trump’s spending?
This post was edited on 10/17/26 at 8:33 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
64388 posts
Posted on 10/17/26 at 8:32 pm to
quote:

He’s still mad Dems didn’t win.
Link?
Posted by ned nederlander
Member since Dec 2012
6253 posts
Posted on 10/18/26 at 10:59 am to
quote:

I think interest on the debt has a lot to do with the deficit. Only way to combat this is for the FED to get off the high horse and let the economy inflate naturally with a huge rate cut and I know that it may hurt some people with old money that live on interest alone, but at this point it may be our only option.


We haven’t raised taxes at all the federal level since 2000. We’ve added about $33 trillion in debt during that period.

We should try raising taxes and see what happens to the federal debt. Our annual deficits improved significantly when a portion of the bush tax cuts expired.

It is immoral to leave the next generation with the level of debt we have accumulated in the last 20 years.
Posted by Tarps99
Lafourche Parish
Member since Apr 2017
13806 posts
Posted on 10/18/26 at 11:29 am to
quote:

We should try raising taxes and see what happens to the federal debt. Our annual deficits improved significantly when a portion of the bush tax cuts expired.


Best way to solve the tax issue would be to eliminate all deductions and simplify the code.

We have so many loopholes that our tax code is like Swiss cheese.

Businesses should be taxed on revenue and not what the IRS or an accountant could pass as Profit as business deductions.

Individuals should still pay a tax on graduated rates based on income, but eliminate all deductions that complicate our tax code.

Plus, we need to decouple health care “insurance payments” and how it is deducted from your income.
This post was edited on 10/18/26 at 11:45 am
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