Now that the table has turned, how will GOPer's react?

[Toddsterpatriot]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

 

[berg80]

And all his uge tax breaks got us in 2019 was 2.3% growth. Long before corona.

Right. After the initial bump in GDP the promise of 3.9% annual GDP growth was exposed as just another lie Repubs used to sell a bag of shit to the brain dead rubes who forgot about all the other failed promises of tax cuts paying for themselves.

But.........as I said..........let's try to avoid going off topic. That being, pointing to Don's $3.7T deficit without context as GOPer's pointed to the deficits in the years of Obama's tenure.

 

[berg80]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

 

[Toddsterpatriot]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

 

[Manonthestreet]

 

[berg80]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

IOW, "hey........look at that shiny object over there."

 

[eagle1462010]

 

[BlueGin]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

Blaming trump for job losses is not going to work

liberals welcomed the paid vacation and do not want to return to work

Infact they are begging to be laid off.

 

[berg80]

So.............Trumpleheads have reacted the way I thought they would.

 

[Toddsterpatriot]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

IOW, "hey........look at that shiny object over there."

So about that huge tax cut again...…....

 

[berg80]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

IOW, "hey........look at that shiny object over there."

So about that huge tax cut again...…....

During his presidential campaign, President Donald Trump promised economic growth that would easily take care of the tax cuts and new spending he planned. His 2017 tax break for corporations and individuals has helped contribute to a deficit that has grown from $584.6 billion in 2016.

Revenue has accelerated slightly in 2019 to about $280 billion a month, but so have expenditures, which are averaging $377 billion a month, or about $25 billion a month more than in 2018. Last year closed with a $779 billion deficit.

 

[Toddsterpatriot]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

IOW, "hey........look at that shiny object over there."

So about that huge tax cut again...…....

During his presidential campaign, President Donald Trump promised economic growth that would easily take care of the tax cuts and new spending he planned. His 2017 tax break for corporations and individuals has helped contribute to a deficit that has grown from $584.6 billion in 2016.

Revenue has accelerated slightly in 2019 to about $280 billion a month, but so have expenditures, which are averaging $377 billion a month, or about $25 billion a month more than in 2018. Last year closed with a $779 billion deficit.

During his presidential campaign, President Donald Trump promised economic growth that would easily take care of the tax cuts and new spending he planned.

Yes, simply awful!

Revenue has accelerated slightly in 2019 to about $280 billion a month,

He cut taxes but revenue accelerated? How do accelerating revenues bust the budget?

 

[berg80]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

IOW, "hey........look at that shiny object over there."

So about that huge tax cut again...…....

During his presidential campaign, President Donald Trump promised economic growth that would easily take care of the tax cuts and new spending he planned. His 2017 tax break for corporations and individuals has helped contribute to a deficit that has grown from $584.6 billion in 2016.

Revenue has accelerated slightly in 2019 to about $280 billion a month, but so have expenditures, which are averaging $377 billion a month, or about $25 billion a month more than in 2018. Last year closed with a $779 billion deficit.

During his presidential campaign, President Donald Trump promised economic growth that would easily take care of the tax cuts and new spending he planned.

Yes, simply awful!

Revenue has accelerated slightly in 2019 to about $280 billion a month,

He cut taxes but revenue accelerated? How do accelerating revenues bust the budget?

By not compensating for increased spending. Net spending by the government was $4.4 trillion in 2019—$339 billion (or 8 percent) more than in 2018.

Pentagon Eyes Windfall as Trump Seeks $750 Billion Defense Budget

The White House’s annual budget request would give the Defense Department even more than it hoped for.

foreignpolicy.com

 

[lennypartiv]

And all his uge tax breaks got us in 2019 was 2.3% growth. Long before corona.

And we could get back to a growing economy sooner if you Dems would admit herd immunity was the way to go.

 

[berg80]

And all his uge tax breaks got us in 2019 was 2.3% growth. Long before corona.

And we could get back to a growing economy sooner if you Dems would admit herd immunity was the way to go.

WHO says no evidence shows that having coronavirus prevents a second infection

WHO says no evidence shows that having coronavirus prevents a second infection | CNN

The World Health Organization is warning that people who have had Covid-19 are not necessarily immune by the presence of antibodies from getting the virus again.

www.cnn.com

 

[Toddsterpatriot]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut

Budget busting tax cut? Sounds serious!!!

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

What were you saying?

Budget deficit smashes $1 trillion mark, the highest in seven years

Budget deficit smashes $1 trillion mark, the highest in seven years

The total shortfall rose to nearly $1.07 trillion, thanks to a difference between revenue and expenses of more than $214.1 billion in August.

www.cnbc.com

The U.S. government’s red ink for fiscal 2019 swelled past the $1 trillion mark in August, the first time that level has been eclipsed in seven years, the Treasury Department reported Thursday.

2016 federal receipts were $3.268 trillion.
How much lower were they in 2019?

IOW, "hey........look at that shiny object over there."

So about that huge tax cut again...…....

During his presidential campaign, President Donald Trump promised economic growth that would easily take care of the tax cuts and new spending he planned. His 2017 tax break for corporations and individuals has helped contribute to a deficit that has grown from $584.6 billion in 2016.

Revenue has accelerated slightly in 2019 to about $280 billion a month, but so have expenditures, which are averaging $377 billion a month, or about $25 billion a month more than in 2018. Last year closed with a $779 billion deficit.

During his presidential campaign, President Donald Trump promised economic growth that would easily take care of the tax cuts and new spending he planned.

Yes, simply awful!

Revenue has accelerated slightly in 2019 to about $280 billion a month,

He cut taxes but revenue accelerated? How do accelerating revenues bust the budget?

By not compensating for increased spending. Net spending by the government was $4.4 trillion in 2019—$339 billion (or 8 percent) more than in 2018.

Pentagon Eyes Windfall as Trump Seeks $750 Billion Defense Budget

The White House’s annual budget request would give the Defense Department even more than it hoped for.

foreignpolicy.com

By not compensating for increased spending

So the problem isn't the "budget busting tax cuts", because revenues are higher?

Net spending by the government was $4.4 trillion in 2019—$339 billion (or 8 percent) more than in 2018.

You should complain about spending then and not tax cuts. We'd be in agreement.

 

[berg80]

You should complain about spending then and not tax cuts.

Where was the nuanced analysis when Repubs were blaming Obama for large deficits?

Repubs controlled Congress when the 2019 budget was passed. Why not hold Trump and Repubs responsible for the increase in spending? Deficit spending that is largely responsible for trend GDP growth.

 

[Lesh]

None of you team player assholes give a hoot in hell about spending or the debt....You just make yourselves look like even bigger boobs than you already are (if that's possible) with the finger pointing.

Not at all. That’s the point. Right now democrats aren’t kicking and screaming about the debt or trump spending but when we said Obama was doing a good job and we pointed to low unemployment and the stock market you republicans gave these arguments as to why Obama wasn’t doing a good job.

1. The debt.

2. His yearly growth number. In 2019 trump had only 2.3% growth yet you rave about his economy

3. The monthly job numbers. Trumps numbers are about the same.

And obama didn’t have to give that huge tax break away. Trumps signature accomplishment didn’t work and increased the debt. He said it would pay for itself. You knew that was a lie

None of that addresses the fact that you don't give one single flying fuck until the guy from the other team spends like mad and further balloons the debt.

It's the hypocrisy stupid

 

[Meister]

And all his uge tax breaks got us in 2019 was 2.3% growth. Long before corona.

And we could get back to a growing economy sooner if you Dems would admit herd immunity was the way to go.

WHO says no evidence shows that having coronavirus prevents a second infection

WHO says no evidence shows that having coronavirus prevents a second infection | CNN

The World Health Organization is warning that people who have had Covid-19 are not necessarily immune by the presence of antibodies from getting the virus again.

www.cnn.com

Isn't it a little too soon to even understand if the the antibodies work or not on a second infection or not?

I wouldn't trust WHO at this point to give me the right time of day.

Berg is still pushing for a shut down until after the election.
His latest talking points from the Kremlin.

 

[sealybobo]

I always found one of the more maddening, unfounded criticisms of Obama by GOPer's (now POTer's) to be about the debt accumulated during his presidency. It was typically done in such a way as to use the raw numbers to imply Obama was a profligate and reckless spender of tax payer money. What those accusations lacked was context. The context being Obama inherited an economy in free fall. Losing 600K jobs a month, credit markets nearly frozen, a housing market that had crashed, and the impact of the Great Bush Recession being felt around the world. Essentially, he was blamed for a calamity not of his making. Then he was blamed for a stubbornly sluggish recovery to due systemically slow growth (that still persists), the depth of the recession, the enduring effect on the rest of the world, and the Repub's sabotage.

Fast forward to Capt. Clorox's presidency. Before doing so let's stipulate we won't focus on the Grifter-in-Chief's budget busting tax cut that had the country headed for a $1T+ deficit before COVID landed on our shores.

Let's also stipulate we won't discuss President Sunshine's culpability for the severity of COVID's spread in the US and the damage done to the economy as a result.

Instead, let's just focus on this. "The federal budget deficit is projected to be $3.7 trillion."

CBO’s Current Projections of Output, Employment, and Interest Rates and a Preliminary Look at Federal Deficits for 2020 and 2021

CBO discusses its preliminary projections of key economic variables and its preliminary assessments of federal budget deficits and debt through 2021. The amounts include the effects of legislation enacted in response to the pandemic.

www.cbo.gov

So......I'm just wondering out loud how Trumpleheads would react if Dems used the $3.7T number, without context as GOPer's did, to make accusations like, "the King of Debt is responsible for smashing the record for the largest budget deficit in a single year by over $2T?"

Doesn't seem fair to you does it? Remember that the next time you make accusations about Obama's deficits.

Blaming trump for job losses is not going to work

liberals welcomed the paid vacation and do not want to return to work

Again here is a republican who wants to blame voters not trump.

I’m calling out knee-jerk trump haters who talk out both sides of your mouth

then you’ll have to be way more specific because right now you’ve given zero substance other than proof you’re a trump boot licker which we all already knew.