Budget Gap Widens, 27% in First 10 Months of Fiscal Year

[Wry Catcher]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

 

[MisterBeale]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

 

[Dekster]

I believe that Trump can erase Obama from the history books by topping that record deficit by HUGE margins. #MAGA

 

[22lcidw]

I believe that Trump can erase Obama from the history books by topping that record deficit by HUGE margins. #MAGA

Theoretically it can only get worse. We are living beyond our means. I bought in to the balanced budget talk for decades. Politicians used the fiat currency to get themselves constantly reelected. All of those boomers retiring is not going to help and more and more people scamming to get "paid" and so much more is baked into the system until someone removes it from the oven and dumps it.

 

[Wry Catcher]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

 

[Rambunctious]

What ever happened to the uproar of deficit spending?

We are still at war....a war Bush and Obama should have won...but here we are still at it....so until we do win it...I don't give a rats ass what the deficit is...

 

[MisterBeale]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

 

[MisterBeale]

I believe that Trump can erase Obama from the history books by topping that record deficit by HUGE margins. #MAGA

Theoretically it can only get worse. We are living beyond our means. I bought in to the balanced budget talk for decades. Politicians used the fiat currency to get themselves constantly reelected. All of those boomers retiring is not going to help and more and more people scamming to get "paid" and so much more is baked into the system until someone removes it from the oven and dumps it.

*****WHY DEFICITS STOPPED MATTERING*****
October 30, 2010 by Eric deCarbonnel
What is the "cost" of federal deficits? The question is important because, since 1980s, the US government and the media have been claiming that "deficits don't matter". There are no negative consequences to massive federal overspending (such as the 2010 $1.29 trillion budget deficit). We can spend our way to prosperity.



However, common sense tells us that government deficits must have a cost. If that were not the case, we could eliminate all taxes, and run the entire government on money printing and borrowing.

WHEN DEFICITS STILL MATTERED

Prior to 1980, the world was simple and it made sense. When the government ran deficits, the Federal Reserve then would print money to pay for them. This money printing would cause inflation, and inflation would push up interest rates. The whole process was captured in the simple equation below.

Deficits = Money Printing = INFLATION = HIGHER INTEREST RATES

In the graph below, you can clearly see the link between deficits and money printing. Notice how every time the US runs a deficit (blue line) the money supply grows (yellow line).

Deficits = Money Printing


The next graph shows the link between government deficits and inflation pre1980. Notice the surges in inflation (yellow line) after each major deficit (blue line).

Deficits = INFLATION


Lastly, the graph below shows how inflation and interest rates move together.

INFLATION = HIGHER INTEREST RATES


The relationship between deficits and inflation was well understood . . . .


(MORE)

 

[Wry Catcher]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

 

[MisterBeale]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

You parrot your favorite media really well. . . .

. . . and yet, when the rubber hits the road?


Reality is? R's tax everybody, D's tax everybody, and they all spend like drunken sailors.

 

[Wry Catcher]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

You parrot your favorite media really well. . . .

. . . and yet, when the rubber hits the road?


Reality is? R's tax everybody, D's tax everybody, and they all spend like drunken sailors.

That's a lie. Have you put your belief in the Ryan/McConnell/Trump tax fraud? Are you really that dumb?

 

[MisterBeale]

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

You parrot your favorite media really well. . . .

. . . and yet, when the rubber hits the road?


Reality is? R's tax everybody, D's tax everybody, and they all spend like drunken sailors.

That's a lie. Have you put your belief in the Ryan/McConnell/Trump tax fraud? Are you really that dumb?

How long do you think that will last?

 

[Dont Taz Me Bro]

What ever happened to the uproar of deficit spending?

A Republican got back into the White House so they stopped caring

 

[C_Clayton_Jones]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

“What ever happened to the uproar of deficit spending?”

You’ll only hear such uproar from the right when a Democratic president is in office.

 

[Kilroy2]

Trump tax breaks for the wealthy and businesses shows the true nature of politics

You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time

Yet history repeats itself, the deficit goes up and it goes down and what is learned

People in general can't wrap their heads around a trillion dollar deficit as long as the government can show them the money.

 

[gipper]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

WTF man. Pay attention please. What party made the Bush tax cuts PERMANENT?

If we can’t agree on this clearly obvious issue that both parties are identical, it may be hard to agree on anything.

Try living in reality.

 

[Jomama]

Make American Bankrupt Again

 

[Wry Catcher]

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

You parrot your favorite media really well. . . .

. . . and yet, when the rubber hits the road?


Reality is? R's tax everybody, D's tax everybody, and they all spend like drunken sailors.

That's a lie. Have you put your belief in the Ryan/McConnell/Trump tax fraud? Are you really that dumb?

How long do you think that will last?

I don't know, there is no known cure for dumbness.

 

[Wry Catcher]

U.S. Budget Gap Widens 27% in First 10 Months of Fiscal Year

WASHINGTON—The U.S. budget gap widened further in July as federal spending outpaced revenue collection, bringing the deficit to $867 billion so far this fiscal year, a 27% increase from the same period a year earlier.

What ever happened to the uproar of deficit spending?

Here is the actual and projected budget deficit or surplus by fiscal year, according to Congressional Budget Office data for modern history.

• 2021 - $916 billion budget deficit (projected)
• 2020 - $987 billion budget deficit (projected)
• 2019 - $984 billion budget deficit (projected)
• 2018 - $833 billion budget deficit (projected)
• 2017 - $665 billion budget deficit
• 2016 - $585 billion budget deficit
• 2015 - $439 billion budget deficit
• 2014 - $514 billion budget deficit
• 2013 - $719 billion budget deficit
• 2012 - $1.1 trillion budget deficit
  2011 - $1.3 trillion budget deficit
  2010 - $1.3 trillion budget deficit
  2009 - $1.4 trillion budget deficit
  2008 - $455 billion budget deficit
  2007 - $162 billion budget deficit
  2006 - $248.2 billion budget deficit
  2005 - $319 billion budget deficit
  2004 - $412.7 billion budget deficit
  2003 - $377.6 billion budget deficit
  2002 - $157.8 billion budget deficit
  2001 - $128.2 billion budget surplus
  2000 - $236.2 billion budget surplus
  1999 - $125.6 billion budget surplus
  1998 - $69.3 billion budget surplus
• 1997 - $21.9 billion budget deficit
• 1996 - $107.4 billion budget deficit
• 1995 - $164 billion budget deficit
• 1994 - $203.2 billion budget deficit
• 1993 - $255.1 billion budget deficit
• 1992 - $290.3 billion budget deficit
• 1991 - $269.2 billion budget deficit
• 1990 - $221 billion budget deficit
• 1989 - $152.6 billion budget deficit
• 1988 - $155.2 billion budget deficit
• 1987 - $149.7 billion budget deficit
• 1986 - $221.2 billion budget deficit
• 1985 - $212.3 billion budget deficit
• 1984 - $185.4 billion budget deficit
• 1983 - $207.8 billion budget deficit
• 1982 - $128 billion budget deficit
• 1981 - $79 billion budget deficit

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

WTF man. Pay attention please. What party made the Bush tax cuts PERMANENT?

If we can’t agree on this clearly obvious issue that both parties are identical, it may be hard to agree on anything.

Try living in reality.

I do, anyone who claims both the D's and R' s are identical live in a much different reality than mine.

 

[gipper]

. . . and YOU are probably dumb enough to believe, or have the audacity to believe, that if some Democratic Socialist with New Green Deal on the brain gets elected. . . . it will what?

Magically shrink?

I don't pretend to be Nostradamus Beale, only a dumbass like you would make such a prediction. The fact is trump is a classic don't tax and spend Republican.

The hypocrisy on the right is predictable, if a Democrat wins the next presidential election, I expect you and other ne'er-do-wells to once again whine about the debt.

I hold allegiance to no party, doofus.

I have always maintained that the deficit is killing us, no matter who is in office.


We would have more growth if it weren't there.


Before Reagan was elected, this used to be axiomatic, folks on BOTH sides of the aisle knew it to be true.


Now?


Does it really matter?

They are going to destroy the economic system, one way or another, so they can replace it with something else. All the financial elites are on the same page on this.

If you think a Republican President is different than a Democrat, or a Democrat congress critter is any different than a Republican one, when it comes to spending and bringing home the bacon to their home district?

I think you need to look in the mirror before you go around calling folks a dumbass.

It matters not who is in congress or president, as the old saying goes;


“Politicians are like diapers. They both should be changed often—and for the same reason.”

Listen carefully beale, your claim they all do it is a meme, it's bullshit:

R's spend and don't tax; D's spend and do tax.

R's cut taxes for corporations and the already wealthy, D's cut taxes for those who need it.

WTF man. Pay attention please. What party made the Bush tax cuts PERMANENT?

If we can’t agree on this clearly obvious issue that both parties are identical, it may be hard to agree on anything.

Try living in reality.

I do, anyone who claims both the D's and R' s are identical live in a much different reality than mine.

You have every right to ignore reality