Biden exploding MAGA heads by reducing the deficit

[Nostra]

U.S. Field Production of Crude Oil (Thousand Barrels per Day)

Thanks for proving it is down since 2019.

 

[Calypso Jones]

Biden has no respect for anyone..not even his own side...and this goes for you biden supporters here....in spades.

 

[citygator]

Thanks for proving it is down since 2019.

Above Trumps year one output. Above the level he handed off. I guarantee you Biden’s high output will be higher than trumps higher output. Wanna bet your scarecrow brain? You’re not using it. Trump had four years of output and one, prepandemic, was higher. I’m sure Biden’s will be much higher this year.

 

[Nostra]

Above Trumps year one output. Above the level he handed off. I guarantee you Biden’s high output will be higher than trumps higher output. Wanna bet your scarecrow brain? You’re not using it. Trump had four years of output and one, prepandemic, was higher. I’m sure Biden’s will be much higher this year.

Once again, we were coming out of an economy that was shut down moron. Joe is about a million barrels per day down from Trump pre Fauci Flu.

Still waiting for you to show me that $10 yacht I can have built.

 

[BackAgain]

What planet are you from?

So, you’d rather not even try to address questions at all? I figured as much.

 

[citygator]

Once again, we were coming out of an economy that was shut down moron. Joe is about a million barrels per day down from Trump pre Fauci Flu.

Still waiting for you to show me that $10 yacht I can have built.

Asked and answered. I can’t help it you’re stupid.

 

[Nostra]

Asked and answered. I can’t help it you’re stupid.

Nice dodge.

explain why I can’t buy me a custom yacht for $10. You claim what something costs to make has nothing to do with what it sells for.

Try a coherent response this time.

 

[BackAgain]

Biden has no respect for anyone..not even his own side...and this goes for you biden supporters here....in spades.

I dunno. Honestly, in that cacophony, I couldn’t make out one question. I wouldn’t have been able to answer anything either because I wouldn’t know what was being “asked.” I hate being fair to Brandon. He’s a real putz. But even so: that caterwauling from the press was indecipherable.

 

[citygator]

Nice dodge.

explain why I can’t buy me a custom yacht for $10. You claim what something costs to make has nothing to do with what it sells for.

Try a coherent response this time.

Because someone else will pay $11 and another person will pay $12 all the way up to $1.5M for that yacht. The cost has nothing to do with it. What people will pay is the price of a yacht. God dammit you are fucking stoooooooopid.

 

[bripat9643]

Biden’s first budget is on trend to be the lowest deficit in years continuing the fiscal responsibility of democratic administrations. Thanks Biden!

The federal budget deficit was $475 billion in the first five months of fiscal year 2022, CBO estimates. That amount is less than deficits recorded during the same period in the three prior fiscal years: It is less than half the shortfall recorded for the same months in fiscal year 2021 ($1,047 billion) and three-quarters of the deficit recorded in 2020 ($624 billion), just before the start of the coronavirus pandemic. It is slightly below 2019.

Monthly Budget Review: February 2022

The federal budget deficit was $475 billion in the first five months of fiscal year 2022, CBO estimates. That amount is less than deficits recorded during the same period in the two prior fiscal years.

www.cbo.gov

Deficit Tracker | Bipartisan Policy Center

Even as the U.S. economy expands, the federal government continues to run large and growing budget deficits that will soon exceed $1 trillion per…

bipartisanpolicy.org

View attachment 613426

Progs are comparing Biden's budget with COVID budgets? How desperate can you possibly get.

 

[Dragonlady]

You do realize Congress namely the Senate and Joe Manchin prevented Biden from doing a great deal of the spending he wanted to by killing his massive build back better agenda.

That's not true. The BBB agenda would have reduced the deficit MORE if it had been passed. The Congressional Budget Office increased the size of the project deficit after the bill failed to pass.

CBO Gives Estimate on Deficit Increase From Build Back Better

The House of Representatives is set to vote on the measure late Thursday.

www.newsweek.com

Please note that the projected deficit is based on the notion that increasing the IRS enforcement budget would not generate any income whatsoever. The IRS could easily recover the projected shortfall, over that period and the taxpayers would come out way ahead.

 

[bripat9643]

Because someone else will pay $11 and another person will pay $12 all the way up to $1.5M for that yacht. The cost has nothing to do with it. What people will pay is the price of a yacht. God dammit you are fucking stoooooooopid.

In other words, the price is governed by the laws of supply and demand. A seller can't just set an arbitrary price and expect someone to pay that.

 

[bripat9643]

That's not true. The BBB agenda would have reduced the deficit MORE if it had been passed.

 

[citygator]

In other words, the price is governed by the laws of supply and demand. A seller can't just set an arbitrary price and expect someone to pay that.

Hugs for you.

 

[bripat9643]

Hugs for you.

Is that your way of admitting that you're an idiot?

 

[Nostra]

Because someone else will pay $11 and another person will pay $12 all the way up to $1.5M for that yacht. The cost has nothing to do with it. What people will pay is the price of a yacht. God dammit you are fucking stoooooooopid.

Nope. I’m paying $10. Doesn’t matter how much it costs Mr. Yachtbuilder to make it.

Why are you abandoning you economic theory so fast?

 

[citygator]

Nope. I’m paying $10. Doesn’t matter how much it costs Mr. Yachtbuilder to make it.

Why are you abandoning you economic theory so fast?

The cost doesn’t matter. Whoever made the yacht can sell it for more than $10. Why would they sell it to you? Plus you don’t even have $10 as a certified moron. In fact if it costs $600k to make they’ll sell it for as much as they can.. $1m or $1.5M it doesn’t matter. Hell they’ll sell it for $500k if that’s all they can sell it for since $500k is better than nothing when you owe people $600k for building it. You. Are stoopid. Cost doesn’t matter on price.

 

[Dragonlady]

Nice dodge.

explain why I can’t buy me a custom yacht for $10. You claim what something costs to make has nothing to do with what it sells for.

Try a coherent response this time.

That has to be stupidest thing you've ever posted. That's truly saying something. Why should anyone answer idiotic questions from a trolling FuckBoi?

What is costs to make something has nothing to do what it sells for.

Car parts are a case in point. If you were to go out and buy all of the individual dealer parts to assemble your own car, it would cost you more than 5 times the cost of buying the fully assembled car from a dealership, even though the costs to manufacture those individual parts is exactly the same as pre-built car. And the pre-built car is still cheaper, even though the costs of assembling those parts is being included in the pre-built car. So something else has to be at play rather than production costs.

Things are priced at "whatever the traffic will bear". If you're selling out - raise the price. Has nothing to do with the costs of the item. You might sell fewer items, but at a higher profit, since the price increase has nothing to do with costs.

I had a friend who couldn't keep up with the demand for her product. I recommended she raise her prices. "But I'll lose customers!" she said. I pointed out it was running her ragged trying to keep up with the customers. If she lost a couple, it might not be a bad thing, and the ones that stayed will be paying her more money, which would make up for the lost income. She didn't lose many customers at all, and she used the extra money she made to hire staff, which better helped her serve existing clients, and to continue to expand her customer base.

There is no reason whatsoever that a charger cord for an iPhone costs $25 from Apple. Yes you can get a generic cord for $14.99, but I'm betting they don't cost $2 to manufacture, regardless of what you pay for them.

 

[Meister]

That's not true. The BBB agenda would have reduced the deficit MORE if it had been passed. The Congressional Budget Office increased the size of the project deficit after the bill failed to pass.

CBO Gives Estimate on Deficit Increase From Build Back Better

The House of Representatives is set to vote on the measure late Thursday.

www.newsweek.com

Please note that the projected deficit is based on the notion that increasing the IRS enforcement budget would not generate any income whatsoever. The IRS could easily recover the projected shortfall, over that period and the taxpayers would come out way ahead.

You're gullible enough to believe the smoke and mirror gimmicks that the left tried to push.
Luckily Manchin isn't gullible and he's a whole lot smarter than you on your best day.
Now just sit back and take shorthand, darling.

 

[BackAgain]

That's not true. The BBB agenda would have reduced the deficit MORE if it had been passed. The Congressional Budget Office increased the size of the project deficit after the bill failed to pass.

CBO Gives Estimate on Deficit Increase From Build Back Better

The House of Representatives is set to vote on the measure late Thursday.

www.newsweek.com

Please note that the projected deficit is based on the notion that increasing the IRS enforcement budget would not generate any income whatsoever. The IRS could easily recover the projected shortfall, over that period and the taxpayers would come out way ahead.