Trump Casino economics, the house loses: Deficit surpasses $1 trillion: CBO

[Denizen]

Be afraid. Be very afraid.

The $ 1 trillion deficit is happening without the wall and without the infrastructure spending Trump promised.

Donald Trump also pilfered money out of FEMA which means that there may have to be new allocations for the damage caused by hurricane Dorian.

If a recession coincides with a trade war it could be very hard times indeed with manufacturing declining even further instead of growing.

This is casino economics with the house losing, without a plan A let alone plan B and others. The whole future rests on the roll of the dice.

Deficit surpasses $1 trillion: CBO

Deficit surpasses $1 trillion: CBO
BY NIV ELIS - 09/09/19 06:17 PM EDT 0

The federal deficit surpassed $1 trillion in the first 11 months of the 2019 fiscal year, the Congressional Budget Office (CBO) said Monday.

The deficit presently stands at $1.068 trillion, though it is likely to be reduced in September as quarterly tax payments are paid.

"In its most recent baseline projections, CBO estimated that the 2019 budget deficit would be $960 billion," the budget office noted. That amount would be $181 billion higher than last year's deficit.

The deficit as of Monday was running $168 billion ahead of the deficit in the last fiscal year at this time.
While mandatory spending such as Social Security and Medicare drive the deficit, it has shot up under President Trump's watch following the GOP tax-cut bill and a series of bipartisan agreements to raise spending on both defense and domestic priorities.

CBO has called the nation's fiscal path "unsustainable," noting that payments on interest alone were on track to overtake both defense and domestic spending by 2046.

Recent concerns over a possible economic downturn or recession have further exacerbated concerns over the nation's fiscal situation, which tends to worsen when the economy slides ...

 

[Oddball]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

 

[Harpy Eagle]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

BUT OBAMA!!!!!!!!!!!!!

 

[Oddball]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

BUT OBAMA!!!!!!!!!!!!!

Point being that nobody really cares, including you, so quit pretending that you do.

Sorry that such an easy point flew right over your fake libertarian head.

 

[FA_Q2]

Back to trillion dollar deficits again. *sigh*

About that roaring economy again....

 

[FA_Q2]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

BUT OBAMA!!!!!!!!!!!!!

Point being that nobody really cares, including you, so quit pretending that you do.

Sorry that such an easy point flew right over your fake libertarian head.

'Nobody' is a rather strong statement. There are a lot of us that care very damn much.

 

[Harpy Eagle]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

BUT OBAMA!!!!!!!!!!!!!

Point being that nobody really cares, including you, so quit pretending that you do.

Sorry that such an easy point flew right over your fake libertarian head.

Some of us cared when Obama was president, and when Bush II was president and when Clinton was and when Bush I was and when Reagan was.

And then there are morons like you that have one trick..


BUT OBAMA!!!!!!!!!!!!!

 

[Jets]

Priceless. The GOP only cares about profligate spending when the opposition does it.

Anyone seen the TEA party....

 

[Harpy Eagle]

Back to trillion dollar deficits again. *sigh*

About that roaring economy again....

Just imagine how much we will be adding during the next downturn, it is scary as hell to think about.

 

[FA_Q2]

Back to trillion dollar deficits again. *sigh*

About that roaring economy again....

Just imagine how much we will be adding during the next downturn, it is scary as hell to think about.

The never spoken but very real problem. Money is free and the deficit is huge.

When a recession does happen, as it MUST eventually, there will be nothing at all to combat it.


And the partisans continue to bicker over bullshit.

 

[Oddball]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

BUT OBAMA!!!!!!!!!!!!!

Point being that nobody really cares, including you, so quit pretending that you do.

Sorry that such an easy point flew right over your fake libertarian head.

'Nobody' is a rather strong statement. There are a lot of us that care very damn much.

Nobody who makes a difference cares, because if they did something would get done about it ...Certainly hacks like the OP don't, except in instances where they can point fingers.

 

[Terri4Trump]

Be afraid. Be very afraid.

The $ 1 trillion deficit is happening without the wall and without the infrastructure spending Trump promised.

Donald Trump also pilfered money out of FEMA which means that there may have to be new allocations for the damage caused by hurricane Dorian.

If a recession coincides with a trade war it could be very hard times indeed with manufacturing declining even further instead of growing.

This is casino economics with the house losing, without a plan A let alone plan B and others. The whole future rests on the roll of the dice.

Deficit surpasses $1 trillion: CBO

Deficit surpasses $1 trillion: CBO
BY NIV ELIS - 09/09/19 06:17 PM EDT 0

The federal deficit surpassed $1 trillion in the first 11 months of the 2019 fiscal year, the Congressional Budget Office (CBO) said Monday.

The deficit presently stands at $1.068 trillion, though it is likely to be reduced in September as quarterly tax payments are paid.

"In its most recent baseline projections, CBO estimated that the 2019 budget deficit would be $960 billion," the budget office noted. That amount would be $181 billion higher than last year's deficit.

The deficit as of Monday was running $168 billion ahead of the deficit in the last fiscal year at this time.
While mandatory spending such as Social Security and Medicare drive the deficit, it has shot up under President Trump's watch following the GOP tax-cut bill and a series of bipartisan agreements to raise spending on both defense and domestic priorities.

CBO has called the nation's fiscal path "unsustainable," noting that payments on interest alone were on track to overtake both defense and domestic spending by 2046.

Recent concerns over a possible economic downturn or recession have further exacerbated concerns over the nation's fiscal situation, which tends to worsen when the economy slides ...

Tiny Dick Denizen strikes again with his sissy crying bullshit. Obama ran up more debt than all other president combined. Where was your stupid ass then. Revenues and growth will offset Trump deficits. Your socialist Kenyan pig could not make that happen

Asshat

 

[Oddball]

Back to trillion dollar deficits again. *sigh*

About that roaring economy again....

Just imagine how much we will be adding during the next downturn, it is scary as hell to think about.

The never spoken but very real problem. Money is free and the deficit is huge.

When a recession does happen, as it MUST eventually, there will be nothing at all to combat it.


And the partisans continue to bicker over bullshit.

The deficit is huge because the money is free.....Was only a matter of time.

 

[FA_Q2]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

BUT OBAMA!!!!!!!!!!!!!

Point being that nobody really cares, including you, so quit pretending that you do.

Sorry that such an easy point flew right over your fake libertarian head.

'Nobody' is a rather strong statement. There are a lot of us that care very damn much.

Nobody who makes a difference cares, because if they did something would get done about it ...Certainly hacks like the OP don't, except in instances where they can point fingers.

That I have to grudgingly agree with.

Not enough voters give a crap. HOWEVER, they don't give a crap because they are all doing exactly what you did in your fist post - pointing fingers at the other guy.

 

[Harpy Eagle]

Nobody who makes a difference cares, because if they did something would get done about it ...Certainly hacks like the OP don't, except in instances where they can point fingers.

Because too many people like you do not make them care, you give your side a free pass and attack the other side for doing what you cheer your side doing. The folks on the left do the same damn thing...and nothing every changes.

Then when someone brings it up you go to the ultimate tactic....

BUT OBAMA

 

[Oddball]

That I have to grudgingly agree with.

Not enough voters give a crap. HOWEVER, they don't give a crap because they are all doing exactly what you did in your fist post - pointing fingers at the other guy.

My one and only point in that post is that the hacks couldn't care less.....No yeahbuts, no whatabouts.

They...

just...

don't...

fucking...

care.

 

[Harpy Eagle]

Tiny Dick Denizen strikes again with his sissy crying bullshit. Obama ran up more debt than all other president combined.

you know this is not true, right?

Revenues and growth will offset Trump deficits. Your socialist Kenyan pig could not make that happen

Asshat

if revenue and growth could offset ti then it would not be a deficit. Are you really that stupid?

are you aware that Trump is adding debt at a faster rate than Obama did?

 

[Wry Catcher]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

Breaking Down the Deficit - Center for American Progress

/Odd Dude is a LIAR. Anyone who reads ^^^ this link will understand what an incompetent hack OD is.

 

[Andylusion]

Be afraid. Be very afraid.

The $ 1 trillion deficit is happening without the wall and without the infrastructure spending Trump promised.

Donald Trump also pilfered money out of FEMA which means that there may have to be new allocations for the damage caused by hurricane Dorian.

If a recession coincides with a trade war it could be very hard times indeed with manufacturing declining even further instead of growing.

This is casino economics with the house losing, without a plan A let alone plan B and others. The whole future rests on the roll of the dice.

Deficit surpasses $1 trillion: CBO

Deficit surpasses $1 trillion: CBO
BY NIV ELIS - 09/09/19 06:17 PM EDT 0

The federal deficit surpassed $1 trillion in the first 11 months of the 2019 fiscal year, the Congressional Budget Office (CBO) said Monday.

The deficit presently stands at $1.068 trillion, though it is likely to be reduced in September as quarterly tax payments are paid.

"In its most recent baseline projections, CBO estimated that the 2019 budget deficit would be $960 billion," the budget office noted. That amount would be $181 billion higher than last year's deficit.

The deficit as of Monday was running $168 billion ahead of the deficit in the last fiscal year at this time.
While mandatory spending such as Social Security and Medicare drive the deficit, it has shot up under President Trump's watch following the GOP tax-cut bill and a series of bipartisan agreements to raise spending on both defense and domestic priorities.

CBO has called the nation's fiscal path "unsustainable," noting that payments on interest alone were on track to overtake both defense and domestic spending by 2046.

Recent concerns over a possible economic downturn or recession have further exacerbated concerns over the nation's fiscal situation, which tends to worsen when the economy slides ...

When Obama was in charge we have $1 Trillion dollar deficits for 3, almost 4 years straight.

Now I'm all in favor of you electing someone that will cut entitlements, and reduce spending.

You people have not done this. Isn't it Democrats in control of Congress, which controls spending?

Why are you not dealing with deficits if you care? Or do you really not care, and just are playing partisan with a political football?

 

[Andylusion]

The federal debt doubled when your boi was at the helm....Quit pretending that it matters to you.

Breaking Down the Deficit - Center for American Progress

/Odd Dude is a LIAR. Anyone who reads ^^^ this link will understand what an incompetent hack OD is.

But here is the problem..... if you continue bad policy, then they are your policies. Doesn't matter who started it, if you continue it.

I would actually agree, that I did not like the policies Bush pushed. But Obama continued them. So they became his.

Yeah, Bush did that 41%. You know what Obama did? He continued that 41%. Therefore Obama also owns that 41%, plus the other 36% he increased after Bush.