US deficit hits 7 year high
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Thank you Mr President
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accepting 2016 Republican presidential nomination, Trump ripped Obama for hiking deficits and debt
— John Harwood (@JohnJHarwood) October 25, 2019
Treasury says 2019 deficit is 4.6% of GDP
that’s higher than at any point in Obama’s 2nd term, when US was still recovering from financial crisis/recession he inherited from GWB -
Maybe Congress should cut some spending while they are obsessed with impeachment
Trump has grown the economy and revenues. What else do you want? -
“The budget is in remarkably good shape. It is difficult to overstate how good the budget’s condition is today. Under our estimates of revenues and spending, the state’s reserve would equal $14.5b by year end 2019-20. In addition, we project the legislature will have an additional $14.8b in additional resources to allocate in 2019-20.”RaceBannon said:CirrhosisDawg said:
California has a balanced budget and just had its credit rating upgraded to Aa2 by Moody’s. The fiscally responsible policy makers in Sacramento once again accomplishing something at which trump is a miserable failure. Nothing new.SFGbob said:
Says the Kunt who defends to the death the state that has 1/3 of all Welfare recipients in the entire country.CirrhosisDawg said:Trumptards like their free shit.
California LAO -
RaceBannon said:
That's good news thenHHusky said:
Revenues are never down in a growing economy. That’s true under any tax regimen we’ve ever had.RaceBannon said:Revenues are up thanks to the tax cuts
Don't blame me. Instead feel free to fuck off
It only took a trillion dollars in deficit spending and a 2.25% fed funds rate to stimulate the economy to the blistering growth rate of 2.9% and falling. -
Congress is the one that needs to push spending cuts but Trump is responsible for economic growth and increasing revenue...fucking hell race wipe your chin. Cheetoh gizz dripping everywhere.RaceBannon said:Maybe Congress should cut some spending while they are obsessed with impeachment
Trump has grown the economy and revenues. What else do you want? -
When was this?HHusky said:
They do. And back before (R) stood for Retard, the GOP understood that raising revenues is also a tool for reducing deficits.CirrhosisDawg said:Trumptards like their free shit.
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What policies has congress enacted to help the economy or increase revenues?GDS said:
Congress is the one that needs to push spending cuts but Trump is responsible for economic growth and increasing revenue...fucking hell race wipe your chin. Cheetoh gizz dripping everywhere.RaceBannon said:Maybe Congress should cut some spending while they are obsessed with impeachment
Trump has grown the economy and revenues. What else do you want?
Trump has slashed EOs that stop growth and cut taxes that has increased growth and revenues
May get you face off Schiff's dick long enough to get a clue
Congress controls the purse. What kind of a fucking moron doesn't know that?
And don't forget the 30 trillion in new spending the dem candidates want
Why the fuck would anyone take you seriously? -
Cut spending.
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Meltdown at increased growth, revenue, and money for AmericansCirrhosisDawg said:RaceBannon said:
That's good news thenHHusky said:
Revenues are never down in a growing economy. That’s true under any tax regimen we’ve ever had.RaceBannon said:Revenues are up thanks to the tax cuts
Don't blame me. Instead feel free to fuck off
It only took a trillion dollars in deficit spending and a 2.25% fed funds rate to stimulate the economy to the blistering growth rate of 2.9% and falling.
Fuck off
