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03-22-2019, 03:22 PM
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#1
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tmrpots
Join Date: Jun 2008
Posts: 2,285
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U.S. Posts Largest-Ever Monthly Budget Deficit in February
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03-22-2019, 04:40 PM
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#2
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Registered User
Join Date: May 2011
Posts: 22,629
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This is HUGE
The United States also has the largest number of people within its' borders EVER in February.
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03-22-2019, 08:16 PM
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#3
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Bombardier
Join Date: Sep 2003
Posts: 4,039
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More people = larger deficit?
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They don't think it be like it is, but it do. ~O.Gamble
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03-22-2019, 08:21 PM
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#4
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tmrpots
Join Date: Jun 2008
Posts: 2,285
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Quote:
Originally Posted by kingfin66
More people = larger deficit?
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Keep it comin, guys. You're doin great!
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03-22-2019, 08:51 PM
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#5
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Registered User
Join Date: Mar 2015
Location: Diez meses en Port St. Lucie, FL; two months in the Dominican Republic
Posts: 4,355
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This is what happens when you have a President with four bankruptcies on his resume.All he knows is piling on debt and f___ the consequences.Whenever that's brought up,all you hear is "Gosh, 400 businesses and only 4 bankruptcies,that's a good batting average" (Permit me a  ) or "It was a good business decision, it wasn't that bad, blah, blah,blah ".Not so good for the banks, investors and companies who got stiffed.
We have a booming economy under Trump.We had a similar economy under Clinton and it resulted in a surplus.That's the opposite of a deficit for those not near a dictionary.When the economy improved under Obama ,the annual deficit amount was reduced every year until his last two budget years.But the combined totals of even those two years (2015 & 2016) is about the same as Trump's for this one single year.At least Obama had the excuse of coming out of the worst recession since the Great Depression.
What's Trump's excuse?
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"But don't ask me what I think of you, I might not give the answer that you want me to. "
Fleetwood Mac, Oh Well, Part 1 (1969)
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03-22-2019, 09:18 PM
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#6
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Registered User
Join Date: May 2011
Posts: 22,629
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Quote:
Originally Posted by barahona44
What's Trump's excuse?
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He didn't make the budget. When Paul Ryan and Nancy Pelosi got done putting in all of their payback special interest items, it was large.
Anyway, they will be able to cash flow out of the deficit in a few years with more volume. There might not be enough left for FREE health care, phones, college, living allowance, and food for everyone that comes to the country.
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03-22-2019, 10:26 PM
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#7
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Veteran
Join Date: Jan 2019
Posts: 510
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MAGA!!!
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03-22-2019, 10:32 PM
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#8
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Registered User
Join Date: May 2011
Posts: 22,629
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Quote:
Originally Posted by barn32
Keep it comin, guys. You're doin great!
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If after 8 years he doubles the debt from $20 trillion to $40 trillion, we are screwed.
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03-22-2019, 10:33 PM
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#9
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Registered User
Join Date: Jan 2006
Posts: 28,546
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The budget deficit is a big deal only when a DEMOCRAT is in the White House. 
__________________
Live to play another day.
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03-22-2019, 11:20 PM
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#10
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Registered User
Join Date: May 2010
Posts: 5,005
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Quote:
Originally Posted by davew
Anyway, they will be able to cash flow out of the deficit in a few years with more volume.
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More volime of what? This sounds like the guy who makes widgets and loses money on every one he sells but thinks as long as he sells millions of them, he'll be rich.
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03-22-2019, 11:24 PM
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#11
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Bombardier
Join Date: Sep 2003
Posts: 4,039
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Quote:
Originally Posted by barn32
Keep it comin, guys. You're doin great!
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What do you think I meant with my reply? Although I did not quote him, I was actually quoting davew's reasoning. If you would rather I take his side I will, but it will make me uncomfortable. Fiscal conservative here so I don't like the deficits, debt or hypocrisy where spending is concerned. You can keep your sarcasm to yourself.
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They don't think it be like it is, but it do. ~O.Gamble
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03-22-2019, 11:46 PM
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#12
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Registered User
Join Date: May 2011
Posts: 22,629
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Quote:
Originally Posted by Ocala Mike
More volime of what? This sounds like the guy who makes widgets and loses money on every one he sells but thinks as long as he sells millions of them, he'll be rich.
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Just some AOC economics. More people in country.
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03-23-2019, 12:29 AM
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#13
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by davew
He didn't make the budget.
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A budget tells you how much you can spend. It doesn't tell you that you have to spend it all.
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A man's got to know his limitations. -- Dirty Harry
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03-23-2019, 09:54 AM
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#14
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,810
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A friend's uncle used to work for the VA as a department head in X Ray and every year, he spend like a drunken sailor, buying stuff he did not need. If he did not spend his total budget, it would be cut for the next year!
__________________
Who does the Racing Form Detective like in this one?
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03-23-2019, 10:05 AM
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#15
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Registered User
Join Date: Mar 2017
Location: Baystater
Posts: 3,482
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Quote:
Originally Posted by Tom
A friend's uncle used to work for the VA as a department head in X Ray and every year, he spend like a drunken sailor, buying stuff he did not need. If he did not spend his total budget, it would be cut for the next year!
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