Trump: We have Serious Economic Concerns

I trust the Fed over the Trump White House, especially when the 2019 are subject to revision. Anyway, you might look at the receipts in constant dollars after the tax cuts.

 

Because he's a liar. So, what else didn't need mentioning?

 

Actually I have it on good authority that much of it was used to upgrade their gold plated toilets and bidets to solid gold. It takes a lot of money to do that in each of their cabins in the woods with an average of eight bathrooms each.
Ironically they're all low water toilets and they now have to flush 10 times.

 

Even 2019's constant dollar revenue is still higher than any of the 8 years under Obama.

So, your whole argument that tax cuts don't increase revenue is bogus.

 

I've clearly showed you that these budget deficits are entirely on trumps shoulders.

no they don't, as evidenced by the data.

 

Best ever =/= perfect. Democrats use the exact same logic when discussing civil rights. Western civilization has done the most to mitigate racism and the like, but there is still more to do. That's a valid argument on both ends.

 

You didn't read your own source.



Look at the fourth column from the left for 2015-2018.

Just because you want something to be true it doesn't mean it is.

 

Fourth column? You mean constant dollar receipts? If so, then even constant dollar receipts is higher than any of the 8 years of Obama.

 

Geez, you can't read?



2016 - $3.135t ... Obama
2017 - $3.129t ... Trump
2018 - $3.072t ... Trump

 

The 2019 receipt of 3,141.0 is higher than any of the Obama receipts.

 

Who convenient that you left out 2019 which is FRICKING HIGHER THAN 2016, 2017 AND 2018!!!!!

 

Yeah, sure--Bush tax receipts were finally larger after a few years, too. We went from Clinton surpluses to big deficits because spending grows because our population id increasing. Trump doubled the deficit to $1t.

 

What in the hell is with you, anyway? The inflated stock market and excessive run up in other asset values have set us toward another crash, I didn't use 2019 figures because they're subject to revision.

 

Even if we have treaties with the country in question and their permission to be there? How is that "occupation"? And you know full well the Constitution fully allows the U.S. to make treaties and agreements with other nations.

 

The population grows by approximately 0.5% per year. That does not even come close to accounting for the budget deficit.

 

Revenue always increases unless you are in a Recession.

Keep up and pretend you understand this stuff

 

And it increased with a tax rate decrease.

 

What in the hell is with you, anyway?

 

So, Trump's tax cuts have increased revenues and Trump's policies haven't gotten us into a recession? Good to know.

 

But it did not cover the deficit between revenues and expenses.

 

I'm an economist and increasingly unwilling to put up with Trumpers spreading propaganda.

 

More Trumper propaganda. Revenue dropped and only recovered three years later (see far right column). Meanwhile, spending continued increasing as more people retired, collecting Social Security and using Medicare.

 

You're a horrible economist. Don't quit your night job.

 

Recovered? So, Trump's tax cuts did increase revenue by 2019? Good to know.

And the tax revenue in 2016 was less than it was in 2015. Obama was President then.

 

And you know zip about economics.

I retired on money I made investing. No need to work when many days I make more money off investments than minimum wage workers earn working full time for a year. It helps to understand economics and finance. You might try it.