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It's Now Happening - Budget Deficit
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Redwingtom Online
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Post: #21
RE: It's Now Happening - Budget Deficit
(02-08-2018 01:18 PM)Bull_Is_Back Wrote:  
(02-08-2018 12:45 PM)Redwingtom Wrote:  You need to also look at the expenses to see they are outpacing revenues..

Thanks! You were just so quiet on those for the past eight years or so that I thought they were a non factor.

Here's your problem: I don't really care about the deficit and the debt all that much, never have. That was a conservative mantra, right? And now it doesn't seem to be. Now, why is that? I know...I know...pick me...pick me... 03-lol
02-08-2018 02:06 PM
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Redwingtom Online
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Post: #22
RE: It's Now Happening - Budget Deficit
(02-08-2018 01:29 PM)UofMstateU Wrote:  
(02-08-2018 01:18 PM)Bull_Is_Back Wrote:  
(02-08-2018 12:45 PM)Redwingtom Wrote:  You need to also look at the expenses to see they are outpacing revenues..

Thanks! You were just so quiet on those for the past eight years or so that I thought they were a non factor.

[Image: burn.jpg]

You're really just not very good at this are you? I'm a big government liberal, remember? I've never really cared about expenses, so why would I be vocal about them? 03-rotfl
02-08-2018 02:08 PM
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Bull_Is_Back Offline
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Post: #23
RE: It's Now Happening - Budget Deficit
(02-08-2018 02:06 PM)Redwingtom Wrote:  Here's your problem: I don't really care about the deficit and the debt all that much, never have. That was a conservative mantra, right?

Tell me tom, oh tell me what the conservative mantra is... It was never my mantra.
02-08-2018 02:25 PM
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Redwingtom Online
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Post: #24
RE: It's Now Happening - Budget Deficit
Budget deficit now over $716 billion. Increase of $33 billion in 5 days.
02-13-2018 09:21 AM
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VA49er Offline
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Post: #25
RE: It's Now Happening - Budget Deficit
Most conservatives[/align] don't like this spending. I do find it hilarious that dems are now complaining about the deficit though. Bless their hearts.
02-13-2018 09:24 AM
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Redwingtom Online
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Post: #26
RE: It's Now Happening - Budget Deficit
(02-13-2018 09:24 AM)VA49er Wrote:  Most conservatives[/align] don't like this spending. I do find it hilarious that dems are now complaining about the deficit though. Bless their hearts.

Again, you miss the point. We're not complaining so much as we're pointing out that deficits just magically don't seem to matter to cons/republicans now that their guy is in the WH. That's all.

And we're mainly pointing it out because it shows that tax cuts do not increase revenue...and additionally, that Republicans spend money recklessly just like Democrats do. Granted, it's still early...but keep an eye on this...I don't expect it to magically turn around. But if it does, I'll gladly congratulate trump and admit I was wrong.
02-13-2018 09:43 AM
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bubbapt Offline
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Post: #27
RE: It's Now Happening - Budget Deficit
The country has had a budget surplus of $49 billion in the month since the tax cut. Repatriations should help for a while, but Congress will bed to cut entitlement spending, and the economy needs to hit 3%+ growth:

https://www.marketwatch.com/story/us-run...2018-02-12
(This post was last modified: 02-13-2018 12:15 PM by bubbapt.)
02-13-2018 12:13 PM
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Old Dominion Online
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Post: #28
RE: It's Now Happening - Budget Deficit
(02-13-2018 12:13 PM)bubbapt Wrote:  The country has had a budget surplus of $49 billion in the month since the tax cut. Repatriations should help for a while, but Congress will bed to cut military spending, and the economy needs to hit 3%+ growth:

https://www.marketwatch.com/story/us-run...2018-02-12

FIFU
02-13-2018 12:18 PM
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bubbapt Offline
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Post: #29
RE: It's Now Happening - Budget Deficit
(02-13-2018 12:18 PM)Old Dominion Wrote:  
(02-13-2018 12:13 PM)bubbapt Wrote:  The country has had a budget surplus of $49 billion in the month since the tax cut. Repatriations should help for a while, but Congress will bed to cut military spending, and the economy needs to hit 3%+ growth:

https://www.marketwatch.com/story/us-run...2018-02-12

FIFU

Fine with me, but that ain’t the plan.
02-13-2018 12:20 PM
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UTSAMarineVet09 Offline
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Post: #30
RE: It's Now Happening - Budget Deficit
(02-08-2018 01:18 PM)Bull_Is_Back Wrote:  
(02-08-2018 12:45 PM)Redwingtom Wrote:  You need to also look at the expenses to see they are outpacing revenues..

Thanks! You were just so quiet on those for the past eight years or so that I thought they were a non factor.

[Image: OohBurn.gif]
(This post was last modified: 02-13-2018 12:29 PM by UTSAMarineVet09.)
02-13-2018 12:28 PM
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