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National Debt now 25% higher since Trump took office

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  • PurpleThrobber
    PurpleThrobber Member Posts: 48,117 Standard Supporter
    Gold. Buy buy buy

  • Sledog
    Sledog Member Posts: 37,849 Standard Supporter
    So 75% to go to hit hero status like Obama?
  • GDS
    GDS Member Posts: 1,470
    The article says the trade deficit is up 25% not the debt.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,099 Founders Club
    Let's run the numbers
  • CirrhosisDawg
    CirrhosisDawg Member Posts: 6,390

    Let's run the numbers

    CBO is. They have a website where they publish data. I hope this helps.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,622 Standard Supporter
    Well, Trump is weak on the deficit. So are most Republicans, all dems and most voting citizens and voting illegals. The alternative is dems offering trillions in more spending.
  • Goduckies
    Goduckies Member Posts: 7,989 Standard Supporter
    Never had 60 votes in the Senate and for some reason mitch didn't want to nuke option it, so he had to add the bs the Democrats wanted.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,099 Founders Club

    Let's run the numbers

    CBO is. They have a website where they publish data. I hope this helps.
    Is it a census?

    How many illegals get free healthcare in California? Has Newsom run the numbers yet? Is he a dictator? What about the supreme court?
  • 2001400ex
    2001400ex Member Posts: 29,457
    Goduckies said:

    Never had 60 votes in the Senate and for some reason mitch didn't want to nuke option it, so he had to add the bs the Democrats wanted.

    I don't recall the Democrats cutting taxes or adding to military spending.
  • SFGbob
    SFGbob Member Posts: 33,183
    Do you recall the Rats having anything to do with this Hondo?

    "Two programs — Medicare and Medicaid — are expected to account for 86% of all estimated HHS spending in FY2019," it said.

    In the first eight months of this fiscal year, which began in October, HHS spent $834,346,000,000, according to the Monthly Treasury Statement for May. That is up from $731,724,000,000 in the first eight months of last fiscal year.

    Through all of fiscal 2018, HHS spent approximately $1,120,500,000,000 — or $93,375,000,000 per month.

    Through this full fiscal year, according to the estimate published in the Monthly Treasury Statement, HHS will spend approximately $1,230,273,000,000 — or $102,522,750,000 per month.

    In May alone, according to the Monthly Treasury Statement, HHS spent $146,552,000,000.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,099 Founders Club
    Revenues are up. As is spending. Same as it ever was

    In fact if the democrats weren't retards they could get a bunch more spending because of the democrat in the White House who likes to spend

    I will never support tax hikes because its my money and I do better with it than the idiots in DC. Its not a tax problem it is a spending problem. Despite these "massive" tax cuts we still pay out about 50% of what we make to all levels of government.

    You can take all the wealth of the top 1% and run the country for around a year. Then what?
  • dflea
    dflea Member, Swaye's Wigwam Posts: 7,287 Swaye's Wigwam

    Well, Trump is weak .

    The rest was just gibberish.
  • SFGbob
    SFGbob Member Posts: 33,183

    Revenues are up. As is spending. Same as it ever was

    In fact if the democrats weren't retards they could get a bunch more spending because of the democrat in the White House who likes to spend

    I will never support tax hikes because its my money and I do better with it than the idiots in DC. Its not a tax problem it is a spending problem. Despite these "massive" tax cuts we still pay out about 50% of what we make to all levels of government.

    You can take all the wealth of the top 1% and run the country for around a year. Then what?

    Medicare and Medicaid are the two programs that are killing us fiscally and the spending on both of those just continues to increase every year.
  • 2001400ex
    2001400ex Member Posts: 29,457
    SFGbob said:

    Do you recall the Rats having anything to do with this Hondo?

    "Two programs — Medicare and Medicaid — are expected to account for 86% of all estimated HHS spending in FY2019," it said.

    In the first eight months of this fiscal year, which began in October, HHS spent $834,346,000,000, according to the Monthly Treasury Statement for May. That is up from $731,724,000,000 in the first eight months of last fiscal year.

    Through all of fiscal 2018, HHS spent approximately $1,120,500,000,000 — or $93,375,000,000 per month.

    Through this full fiscal year, according to the estimate published in the Monthly Treasury Statement, HHS will spend approximately $1,230,273,000,000 — or $102,522,750,000 per month.

    In May alone, according to the Monthly Treasury Statement, HHS spent $146,552,000,000.

    Who passed Medicare part D?

    There being said Bob. What actions from Democrats the last two years are responsible for the Medicare increase?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,099 Founders Club
    Looks like democrats want to gut Medicare according to hondo

    Big if true
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,475 Founders Club

    Revenues are up. As is spending. Same as it ever was

    In fact if the democrats weren't retards they could get a bunch more spending because of the democrat in the White House who likes to spend

    I will never support tax hikes because its my money and I do better with it than the idiots in DC. Its not a tax problem it is a spending problem. Despite these "massive" tax cuts we still pay out about 50% of what we make to all levels of government.

    You can take all the wealth of the top 1% and run the country for around a year. Then what?

    Is actually only about 3 months, but your poont stands.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,475 Founders Club
    SFGbob said:

    Revenues are up. As is spending. Same as it ever was

    In fact if the democrats weren't retards they could get a bunch more spending because of the democrat in the White House who likes to spend

    I will never support tax hikes because its my money and I do better with it than the idiots in DC. Its not a tax problem it is a spending problem. Despite these "massive" tax cuts we still pay out about 50% of what we make to all levels of government.

    You can take all the wealth of the top 1% and run the country for around a year. Then what?

    Medicare and Medicaid are the two programs that are killing us fiscally and the spending on both of those just continues to increase every year.
    Is almost like the Federal Reserve and Nixon taking us off the gold standard has nothing to do with it.
  • SFGbob
    SFGbob Member Posts: 33,183
    2001400ex said:

    SFGbob said:

    Do you recall the Rats having anything to do with this Hondo?

    "Two programs — Medicare and Medicaid — are expected to account for 86% of all estimated HHS spending in FY2019," it said.

    In the first eight months of this fiscal year, which began in October, HHS spent $834,346,000,000, according to the Monthly Treasury Statement for May. That is up from $731,724,000,000 in the first eight months of last fiscal year.

    Through all of fiscal 2018, HHS spent approximately $1,120,500,000,000 — or $93,375,000,000 per month.

    Through this full fiscal year, according to the estimate published in the Monthly Treasury Statement, HHS will spend approximately $1,230,273,000,000 — or $102,522,750,000 per month.

    In May alone, according to the Monthly Treasury Statement, HHS spent $146,552,000,000.

    Who passed Medicare part D?

    There being said Bob. What actions from Democrats the last two years are responsible for the Medicare increase?
    Republicans and Rats and to the extent that any Rats opposed Medicare part D it's because they wanted to create an even more expensive program.

  • MikeDamone
    MikeDamone Member Posts: 37,781
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,475 Founders Club
    edited July 2019
    pawz said:

    Revenues are up. As is spending. Same as it ever was

    In fact if the democrats weren't retards they could get a bunch more spending because of the democrat in the White House who likes to spend

    I will never support tax hikes because its my money and I do better with it than the idiots in DC. Its not a tax problem it is a spending problem. Despite these "massive" tax cuts we still pay out about 50% of what we make to all levels of government.

    You can take all the wealth of the top 1% and run the country for around a year. Then what?

    Is actually only about 3 months, but your poont stands.
    @RaceBannon

    This is about 7 years old, but it illustrates your poont.


    https://youtu.be/jboTeS9Okak
  • Sledog
    Sledog Member Posts: 37,849 Standard Supporter

    Sledog said:

    So 75% to go to hit hero status like Obama?

    What an insane misunderstanding of government finances
    Yeah Obama basically doubled the debt he inherited by spending more than all previous presidents combined. So if Trump increased by 25% how much more would it take to double it from the number he inherited?
  • 2001400ex
    2001400ex Member Posts: 29,457

    Sledog said:

    Sledog said:

    So 75% to go to hit hero status like Obama?

    What an insane misunderstanding of government finances
    Yeah Obama basically doubled the debt he inherited by spending more than all previous presidents combined. So if Trump increased by 25% how much more would it take to double it from the number he inherited?
    Please understand the difference between the debt and the deficit before commenting.
    Not to mention. Decreased revenues from the recession was a large contributing factor to the increase in debt and large deficit during Obama's first few years.
  • Sledog
    Sledog Member Posts: 37,849 Standard Supporter
    Obama spent it. Get over it. Trump is way behind what you hail as the greatest ever. Now we have a president that is doing great things for the economy and it pisses you off because it smashes your socialist dream. Break out the gear and get that revolution going! We're waiting.
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 114,099 Founders Club
    2001400ex said:

    Sledog said:

    Sledog said:

    So 75% to go to hit hero status like Obama?

    What an insane misunderstanding of government finances
    Yeah Obama basically doubled the debt he inherited by spending more than all previous presidents combined. So if Trump increased by 25% how much more would it take to double it from the number he inherited?
    Please understand the difference between the debt and the deficit before commenting.
    Not to mention. Decreased revenues from the recession was a large contributing factor to the increase in debt and large deficit during Obama's first few years.
    Sounds like the Obama recovery sucked
  • YellowSnow
    YellowSnow Moderator, Swaye's Wigwam Posts: 37,318 Founders Club
    edited July 2019
    dnc said:

    We're never going to fix the deficit. The GOP wants to massively cut taxes and maybe not massively add to spending (cutting spending never happens). Democrats want to raise taxes and massively raise spending. Both sides are fiscally retarded.

    Meanwhile we pass more and more debt onto future generations everyday while both sides act like they gaf about "the children!"

    Fuck em both.

    Our? electorate is immoral.
  • MikeDamone
    MikeDamone Member Posts: 37,781
    2001400ex said:

    Sledog said:

    Sledog said:

    So 75% to go to hit hero status like Obama?

    What an insane misunderstanding of government finances
    Yeah Obama basically doubled the debt he inherited by spending more than all previous presidents combined. So if Trump increased by 25% how much more would it take to double it from the number he inherited?
    Please understand the difference between the debt and the deficit before commenting.
    Not to mention. Decreased revenues from the recession was a large contributing factor to the increase in debt and large deficit during Obama's first few years.
    Ummmmmm....have you looked at revenues vs expenditures from 2008-2016? The majority of the debt was due to expenditures. Revenue fell slightly in 2008, was off 17% in 2009 and has been steadily climbing since to what will be a record 3.44 trillion this year. Up 61% in 10 years. US population is up 8% in that timeframe. Revenue isn’t, nor has it been the “large contributing factor” to the debt.

    Cue the “but the tax cuts were SOLD as...blah blah blah”. Fuck off.