(10-08-2019 02:16 PM)Marc Mensa Wrote:  

(10-08-2019 01:55 PM)UofMstateU Wrote:  

(10-08-2019 01:42 PM)Marc Mensa Wrote:  

(10-08-2019 01:38 PM)200yrs2late Wrote:  

(10-08-2019 01:13 PM)Marc Mensa Wrote:  BS

The recent spike in deficits is due to decreases in revenues. Revenues came in at 16.5% of GDP in 2018. When President Obama left office, they were back up to 18% after being as low as 14.5%. Spending was at 20.8 when Obama left office and its now at 20.3%. These deficit spikes are due to a cut in revenues, not a spike in spending.

https://www.cbo.gov/system/files/2019-05...tdata.xlsx

Yeah, you can't measure revenue as a percent of GDP and compare it to deficit spending unless you also measure deficit as a percent of GDP.

Just click the link...

f*ck the link. You dont calculate a deficit by subtracting the expenses from the % of revenue to GDP. Thats moronic.

What’s moronic is believing $1 in 2018 is equal to $1 in 2008. The cost of living increases every year... the population increases every year... and if you're using yesterday’s dollars to balance today’s books then you’re eventually going to come up empty.

If you can’t comprehend why GDP is used as the measuring stick, then you’re willfully ignorant.

You didn't have a problem doing that when you were comparing the Dow Jones during the Obama presidency and the Trump presidency.