US budget deficit rises to $209 billion in November

Discussion in 'Current Events' started by FlamingLib, Dec 12, 2019.

  1. FreshAir

    FreshAir Well-Known Member Past Donor

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    the current trend of a Trillion in debt per year started under Bush Jr.... two 10+ year wars and tax cuts for the rich

    and of course the rise of foreign outsourcing and foreign imports
     
  2. James California

    James California Well-Known Member Past Donor

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    ~ Do you understand that if China gets their way there will likely no longer be a USA as we know it today ?
    ~ Just imagine what the deficit will be if the Democrats get in the White House ! :bleh:
     
    Last edited: Dec 13, 2019
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  3. rahl

    rahl Banned

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    So does that mean you understand tariffs are paid by Americans and is a tax?

    Historically they have lower deficits. So likely it will be lower than trumps deficit.
     
  4. FlamingLib

    FlamingLib Well-Known Member

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    I don't know what on Earth you're talking about. California has tremendous problems, but it's not for lack of trying. Are you claiming Democrats in California are ignoring the homeless problem? Seriously?

    San Francisco continues to spend big in fight against homelessness -- but is it working?
    https://www.foxnews.com/us/san-fran...-fight-against-homelessness-but-is-it-working

    London Breed says the amount of feces scattered on the streets of the wealthy city in recent months is among the worst she has ever seen, and San Francisco reportedly is set to spend nearly $280 million in its next budget fighting homelessness – an average of $37,300 for each of the city’s estimated 7,499 homeless residents.

    What they're doing might not be working, but they're certainly not ignoring the problem when they're spending that kind of money on it.
     
  5. James California

    James California Well-Known Member Past Donor

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    `:no: ~ Sad but true ...
     
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  6. Observing

    Observing Well-Known Member

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    Where the hell did you get that? Reagan and bush Sr had historic peacetime deficits. Bush Jr took over a balanced budget and walked us into a recessions, Obama certainly spent us out of one, but what is the reason for Trumps 1.2 trill shortfall. We certainly are not spending 500 more bill on social programs, than we did under Obama.
     
  7. rahl

    rahl Banned

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    I think you misread what I posted or you meant to quote someone else? I agree with everything you are saying.
     
  8. Bluesguy

    Bluesguy Well-Known Member Donor

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    It's not just the President and yes he does, grow the economy, get people working and paying ttaxes
    False it started under. Democrat Congress signed by President Obama. How many times do I have to correct you?
     
  9. AFM

    AFM Well-Known Member Past Donor

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    The morons in Sacramento are doing worse than ignoring the problem - they are exacerbating it.

    <iframe width="854" height="480" src="" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
     
    Last edited: Dec 14, 2019
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  10. Bluesguy

    Bluesguy Well-Known Member Donor

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    The economy first went negative 3rd quarter of 2000 before Bush43 was even elected. The 2001 recession started mere weeks after he took office so I don't understand your statement he "walked us into a recession" please elaborate.

    The 2008/2009 recession was already 2/3's over and waining and ended by June before Obama's stimulus started in fact the job loss rate bottomed out the month he took office ans started to quickly recede so again how did he spend us out of it? What he did spend us into was the worst recovery and unemployment in modern history. He stimulus failed by his own goals.
     
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  11. Bluesguy

    Bluesguy Well-Known Member Donor

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    Proving my point again.
     
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  12. rahl

    rahl Banned

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    That you have to run away because you can’t refute the facts. We get it.
     
  13. Bluesguy

    Bluesguy Well-Known Member Donor

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    They BRAGGED about increasing spending and cutting Bush out if the way. And that spending did nothing to mitigate the depth or length of the recession and failed to get us into a full recovery.

    Now I hope you will join me in opposing the Democrat candidates who are running and replacing the the Dems and RINO's currently occupying the Congress and replacing them with fiscal conservatives.......will you?
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    Nope we get it

    As I said It is pointless to try and have a discussion with you as you will merely claim you have already refuted anything posted as abive and refuse to answer direct questions to you as above as in directly asking you to prove Bush could have vetoed the Democrats 2009 budget which ended in a $1,400B defict. Your history of obfuscation well documented and demonstrated again.
    And of course your claims of white flags, no white flag offered.
     
  15. rahl

    rahl Banned

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    White flag noted and accepted.
     
    Last edited: Dec 14, 2019
  16. FreshAir

    FreshAir Well-Known Member Past Donor

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    False, it started under Republicans, started with Bush's tax cuts for the rich, and two 10+ year wars and of course Bush relaxing regulation on the banks

    but let's play your game, what bill did Bush sign into law that dems passed that added 1 trillion a year in debt? should be easy for you to name if true....

    Trump says Bush's Middle East wars have cost over 7 trillion dollars and still rising, that is a huge chunk of the debt and don't forget the interest on that
     
    Last edited: Dec 14, 2019
  17. notme

    notme Well-Known Member

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    I can't imagine that. Obama had a working plan.
     
  18. AFM

    AFM Well-Known Member Past Donor

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    What plan was that ??
     
  19. AFM

    AFM Well-Known Member Past Donor

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    Can't make this up.

    Which Bush years resulted in trillion dollar budget deficits ??
     
  20. AFM

    AFM Well-Known Member Past Donor

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    It's a waste of time presenting factual information to those who have no interest in the truth.
     
  21. FreshAir

    FreshAir Well-Known Member Past Donor

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    the rise started under Bush and continues to this day

    the economy will crash like 1929, I do not think it matters who is elected in 2020 at this point - this is unsustainable

    [​IMG]
     
    Last edited: Dec 14, 2019
  22. notme

    notme Well-Known Member

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    He only makes the economy grow by giving tax breaks. He still got no clue how to repay back what he loans. Currently 15% of federal tax is used to pay rent on the debt! And Donald is making it worse and worse. Obama had a plan, a working plan, how to curb it the debt.
     
  23. notme

    notme Well-Known Member

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    GWB was at the helm when he crashed the economy / mortgage crisis. Obama made massive bailout plans to save it. And he did that by lending money. The debt was 1.6 trillion in 2010. It only was 0.6 trillion in 2017 when he left the office. He left the office with an economy back up it's feet. Donald is back to 1.2 trillion as if the economy is in dire straights.
     
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  24. AFM

    AFM Well-Known Member Past Donor

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    So your claims were false and you are speaking like Paul Krugman who is and has been spectacularly wrong about the Trump economy.
     
  25. AFM

    AFM Well-Known Member Past Donor

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    So you have nothing about a plan but can only talk about the stimulus which didn’t.
     

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