Revenues are down down dow

[karpenter]

He had seven and a half years of straight growth at about the same rate as now, super duper...

The Recession Ended Before Obama Could Fill His Cabinet
Before Obama Lifted A Finger
https://multimediaman.files.wordpress.com/2011/01/chart1recessionandrecovery.jpg

What Staved Off Double-Dip Recession
Was Obama Extending Bush Tax Cuts

So What We Have Here
Is Obama Spending $Trillions To No Effect
And Stymieing The Bush Recovery For Eight Years

Now That The Incompetent Community Organizers
Are Finally Out Of The Way
America Gets To Enjoy A Red-Hot Boom


MAGA

 

[francoHFW]

We had eight years of fiscal stagnation under Obama and the National Debit went up and we got nothing for it but the left didn't complain. Today hypocrite lefties enjoy record employment and a DOW that approaches record territory weekly and their 401k's are making money instead of losing but they still find statistics to whine about.

At least 7 trillion of of Obama's was to avert another goddamn GOP World depression and to assist the victims..
Great job! He had seven and a half years of straight growth at about the same rate as now, super duper...

Yup, with the help of the Federal Reserve infusing trillions into the economy. He couldn't have done it with his policies.

He could not pass a thing, but our economy is so strong it grows on its own.... I wish the GOP would cut the corrupt bubbles every time they are in.

 

[francoHFW]

He had seven and a half years of straight growth at about the same rate as now, super duper...

The Recession Ended Before Obama Could Fill His Cabinet
Before Obama Lifted A Finger

What Staved Off Double-Dip Recession
Was Obama Extending Bush Tax Cuts

So What We Have Here
Is Obama Spending $Trillions To No Effect
And Stymieing The Bush Recovery For Eight Years

Now That The Incompetent Community Organizers
Are Finally Out Of The Way
America Gets To Enjoy A Red-Hot Boom

MAGA

You live on an imaginary planet... The recession ended in October 2009. 1.6 billion the first two years went just for unemployment and Welfare for victims.

 

[francoHFW]

He had seven and a half years of straight growth at about the same rate as now, super duper...

The Recession Ended Before Obama Could Fill His Cabinet
Before Obama Lifted A Finger

What Staved Off Double-Dip Recession
Was Obama Extending Bush Tax Cuts

So What We Have Here
Is Obama Spending $Trillions To No Effect
And Stymieing The Bush Recovery For Eight Years

Now That The Incompetent Community Organizers
Are Finally Out Of The Way
America Gets To Enjoy A Red-Hot Boom

MAGA

You live on an imaginary planet... The recession ended in October 2009. 1.6 billion the first two years went just for unemployment and Welfare for victims.

It ended because of about 3 trillion dollars spent on bailouts, 1 billion under w... That is a lot of money.

 

[Care4all]

Well then you should be against the illegals and asylum seekers most of whom will be on tax funded assistance programs their entire lives.

but their children won't, and they become the American workers we need in the future to replace boomers retiring, their children will pay taxes and keep our military industrial complex happy

 

[karpenter]

You live on an imaginary planet... The recession ended in October 2009..

Show Me Your Imaginary Planet Chart

It Was April, 2009
https://multimediaman.files.wordpress.com/2011/01/chart1recessionandrecovery.jpg

Three Straight Months Of Growth = End Of Recession
That Means The Recovery STARTED In January 2009

 

[karpenter]

but their children won't, and they become the American workers we need in the future to replace boomers retiring

Stop Aborting Our Replacements
Since There's Plenty Of Jobs

 

[BluesLegend]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Dude you REALLY suck at math your numbers are all screwed up. And I think we know why you skipped April 2018, the nearly $32 billion dollar surplus vs 2017.

 

[karpenter]

Dude you REALLY suck at math your numbers are all screwed up. And I think we know why you skipped April 2018, the nearly $32 billion dollar surplus vs 2017.

It's The Official CBO Statement
Monthly Budget Review for April 2018 | Congressional Budget Office
Take-Up Your Inability To Process Facts With Them

 

[Dont Taz Me Bro]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Of course there is. That’s always the case right after you cut taxes. It takes a good 12 to 18 months for the revenue to start increasing again

 

[Norman]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Solution is easy.

Cut spending.

 

[Tom Horn]

Obama spent on stimulating economy in deep recession and big unemployment.

Yeah, we remember what Hussein spent our money on....his campaign-fund bundlers posing as solar power visionaries but turning out to be swindlers:

By Marc A. Thiessen, Published: May 24

Despite a growing backlash from his fellow Democrats, President Obama has doubled down on his attacks on Mitt Romney’s tenure at Bain Capital. But the strategy could backfire in ways Obama did not anticipate. After all, if Romney’s record in private equity is fair game, then so is Obama’s record in public equity — and that record is not pretty.

Since taking office, Obama has invested billions of taxpayer dollars in private businesses, including as part of his stimulus spending bill. Many of those investments have turned out to be unmitigated disasters — leaving in their wake bankruptcies, layoffs, criminal investigations and taxpayers on the hook for billions. Consider just a few examples of Obama’s public equity failures:

● Raser Technologies. In 2010, the Obama administration gave Raser a $33 million taxpayer-funded grant to build a power plant in Beaver Creek, Utah. According to the Wall Street Journal, after burning through our tax dollars, the company filed for bankruptcy protection in 2012. The plant now has fewer than 10 employees, and Raser owes $1.5 million in back taxes.

● ECOtality. The Obama administration gave ECOtality $126.2 million in taxpayer money in 2009 for, among other things, the installation of 14,000 electric car chargers in five states. Obama even hosted the company’s president, Don Karner, in the first lady’s box during the 2010 State of the Union address as an example of a stimulus success story. According to ECOtality’s own SEC filings, the company has since incurred more than $45 million in losses and has told the federal government, “We may not achieve or sustain profitability on a quarterly or annual basis in the future.”

Worse, according to CBS News the company is “under investigation for insider trading,” and Karner has been subpoenaed “for any and all documentation surrounding the public announcement of the first Department of Energy grant to the company.”

● Nevada Geothermal Power (NGP). The Obama administration gave NGP a $98.5 million taxpayer loan guarantee in 2010. The New York Times reported last October that the company is in “financial turmoil” and that “[a]fter a series of technical missteps that are draining Nevada Geothermal’s cash reserves, its own auditor concluded in a filing released last week that there was ‘significant doubt about the company’s ability to continue as a going concern.’ ”

● First Solar. The Obama administration provided First Solar with more than $3 billion in loan guarantees for power plants in Arizona and California. According to a Bloomberg Businessweek report last week, the company “fell to a record low in Nasdaq Stock Market trading May 4 after reporting $401 million in restructuring costs tied to firing 30 percent of its workforce.”

● Abound Solar, Inc. The Obama administration gave Abound Solar a $400 million loan guarantee to build photovoltaic panel factories. According to Forbes, in February the company halted production and laid off 180 employees.

● Beacon Power. The Obama administration gave Beacon — a green-energy storage company — a $43 million loan guarantee. According to CBS News, at the time of the loan, “Standard and Poor’s had confidentially given the project a dismal outlook of ‘CCC-plus.’ ” In the fall of 2011, Beacon received a delisting notice from Nasdaq and filed for bankruptcy.

This is just the tip of the iceberg. A company called SunPower got a $1.2 billion loan guarantee from the Obama administration, and as of January, the company owed more than it was worth. Brightsource got a $1.6 billion loan guarantee and posted a string of net losses totaling $177 million. And, of course, let’s not forget Solyndra — the solar panel manufacturer that received $535 million in taxpayer-funded loan guarantees and went bankrupt, leaving taxpayers on the hook.

Amazingly, Obama has declared that all the projects received funding “based solely on their merits.” But as Hoover Institution scholar Peter Schweizer reported in his book, “Throw Them All Out,” fully 71 percent of the Obama Energy Department’s grants and loans went to “individuals who were bundlers, members of Obama’s National Finance Committee, or large donors to the Democratic Party.” Collectively, these Obama cronies raised $457,834 for his campaign, and they were in turn approved for grants or loans of nearly $11.35 billion. Obama said this week it’s not the president’s job “to make a lot of money for investors.” Well, he sure seems to have made a lot of (taxpayer) money for investors in his political machine.

All that cronyism and corruption is catching up with the administration. According to Politico, “The Energy Department’s inspector general has launched more than 100 criminal investigations” related to the department’s green-energy programs.

 

[AntonToo]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Solution is easy.

Cut spending.

Tax-cuts now, spending cuts never is how it goes.

Given that, how can you support the tax-cuts?

 

[AntonToo]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Dude you REALLY suck at math your numbers are all screwed up. And I think we know why you skipped April 2018, the nearly $32 billion dollar surplus vs 2017.

READ THE THREAD DUMMY

Huge chunk of April revenues is from settlemetns of last year taxes

 

[Norman]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Solution is easy.

Cut spending.

Tax-cuts now, spending cuts never is how it goes.

Given that, how can you support the tax-cuts?

I support spending cuts.

Hope it happens.

 

[AntonToo]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Solution is easy.

Cut spending.

Tax-cuts now, spending cuts never is how it goes.

Given that, how can you support the tax-cuts?

I support spending cuts.

Hope it happens.

FACT OF LIFE - NO CUTS.

Given that, how can you support these tax-cuts?

 

[Norman]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Solution is easy.

Cut spending.

Tax-cuts now, spending cuts never is how it goes.

Given that, how can you support the tax-cuts?

I support spending cuts.

Hope it happens.

FACT OF LIFE - NO CUTS.

Given that, how can you support these tax-cuts?

I will fight for the cuts until they happen.

You are such a simpleton, always admitting defeat.

 

[AntonToo]

Dude you REALLY suck at math your numbers are all screwed up. And I think we know why you skipped April 2018, the nearly $32 billion dollar surplus vs 2017.

It's The Official CBO Statement
Monthly Budget Review for April 2018 | Congressional Budget Office
Take-Up Your Inability To Process Facts With Them

In April 2018, taxes were settled for prior year.

CBO link states exactly that

The bulk of that difference stems from larger-than-anticipated payments of individual income taxes. Those payments were mostly related to economic activity in 2017 and may reflect stronger-than-expected income growth in that year.

 

[AntonToo]

June revenue numbers are out and it ain't looking pretty for our fiscal situation.

Free lunch tax-cut theorists need to pay attention here.

Compared to same period in FY2017:

Oct 18 + $14B
Nov 18 + $8B
Dec 18 + $7B
Jan 18 + $17B
<<<<<TAX-CUTS PHASED IN
Feb 18 - $16B
March 18 - $6B
May 18 - $23B
June 18 - $32B

So without counting April when 2017 taxes were settled, instead of 11 billion average monthly revenue growth there is 19 billion shortfall.

Total effect is 30 billion monthly revenue reduction trend so far since tax-cuts went into effect.

Monthly Treasury Statement

Solution is easy.

Cut spending.

Tax-cuts now, spending cuts never is how it goes.

Given that, how can you support the tax-cuts?

I support spending cuts.

Hope it happens.

FACT OF LIFE - NO CUTS.

Given that, how can you support these tax-cuts?

I will fight for the cuts until they happen.

You are such a simpleton, always admitting defeat.

You can fight for whatever the fuck you want, meanwhile we will be posting Trillion dollar deficits in this healthy economy.

You support fiscal irresponsibility that is the tax-cutting policy of Trump and Republicans.

Own up to it.

 

[Norman]

Solution is easy.

Cut spending.

Tax-cuts now, spending cuts never is how it goes.

Given that, how can you support the tax-cuts?

I support spending cuts.

Hope it happens.

FACT OF LIFE - NO CUTS.

Given that, how can you support these tax-cuts?

I will fight for the cuts until they happen.

You are such a simpleton, always admitting defeat.

You can fight for whatever the fuck you want, meanwhile we will be posting Trillion dollar deficits in this healthy economy.

You support fiscal irresponsibility that is the tax-cutting policy of Trump and Republicans.

Own up to it.

The debt Trump is creating is nothing compared to Obama's.

You must be so concerned.... Where was your concern when Obama doubled the debt from already very high level?

Yeah dude, you need to STFU.