Feb Budget Deficit Largest on Record

So you have your investments in cash rather than at risk?

 

We got into the mess because of government messing in the markets.

 

Zorro....

 

Score one for your side by getting my rebuttal post deleted, but remember, 'you have not converted a man because you have silenced him'.... Now, instead of what I said earlier, I'll simply wish you a fun, happy day doing whatever it is that you do.

 

Well, February is behind us as now in March in this CURRENT EVENTS topic.

US Debt DECLINED by $87,646,288,571.08 over the month on March on Trump's watch.

Obama ran up $139,483,562,217.27 in fresh new debt during his last March in office.

Trump clearly had the superior March Performance.

https://www.treasurydirect.gov/NP/d...tYear=2016&endMonth=04&endDay=02&endYear=2019

 

All I saw in the charts was within the range of normal market volatility.

 

Our guy turned a Recession around and Your guy inherited upward trends; DOWI shows upward trends since around 2010.

 

Washington (CNN)The federal budget deficit ballooned in the first four months of the 2019 fiscal year, growing 77% over the same period a year earlier as tax revenue plummeted and government spending went up.

Figures released Tuesday by the Treasury Department showed the deficit hitting $310 billion, up from $176 billion a year ago.

 

Make preparations and have a broker on speed dial. Everyone would do well to be prepared, every time a Republican takes office. They have a .900 batting average.

 

Obama was facing a near depression with one million lost jobs a month, all needing unemployment benefits. And, the Bush tax curs we’re in force. As Mr ‘sentence fragment’ Barr would say in his Bk report from the Take if Two Cities, “it was the worst of times......”

 

Don't blame me! Maybe a moderator though you said something that violated rules. That's usually the reason for their deletions. So blame yourself. I don't even remember what you said but you probably do.

 

In 2015? What in the world are you talking about? In 2015, the recession had been over for 5 and half years!

You seem really lost. The Bush tax cuts expired after 10 years, and Bush tax cuts still in force were signed into law by Obama.

Bush and Obama were the two worst back to back presidents in US history and the deterioration and gyrations the US economy went through during their 16 years of hell are finally receding into the rearview mirror now that we finally have a REAL President, again.


Michelle with Dumb and Dumber

 

So are you in cash or are your investments at risk?

 

Still having fun? Good... the day is still young.

 

Ouch! Been there, get sucked into an argument then get your post deleted. Once burned, twice wise.

The Moderators on these boards do a great job balancing the free exchange of ideas with the need to keep some boundaries around the thing to ensure the widest participation by everyone, including those not interested in every discussion being a knock down drag out fight.

I know you'll keep your chin up!

 

Good Capitalists are supposed to run massive surpluses not massive deficits!

 

I have no argument with any of this Forum's Moderators. I've been a member here for over ten years, and I can tell you that the Moderators we have today are FAR better than the ones that ruled this board the first few years after I joined.

No, but I do believe that I was ratted-out by somebody, and it's a sniping, cowardly behavior that I, personally, do not engage in. But, 'ratting-out' is something you'd expect of 'a cornered-rat'....

 

Lost ? Trying to rewrite history ? You know little about economics. The success of an administration is measured against the economy they inherited. They inherited a near depression with job losses of a million a month and tax cuts that didn’t expire until January 1 2013. That’s what he walked into. The first year OF his administration was UNDER the last fiscal year of Bush. The first year under Trump was the last year under the fiscal year of Obama. The growth that occurs is attributed in economics history , as OBAMA’s economy.
The idea that you take one year of 2015 and use that for an eco barometer is absurd . Any growth during his last fiscal year after Trump assumed office is under the Obama budget.

The only budget that can be passed and spent in the overlap by Trump are supplementals and their indebtedness goes into his first budget.

Your ignorance by completely not understanding the FISCAL BUDGET years UNDER WHICH each president operates is stunning.


The deficit by Trump in one year, has climbed near that inherited by OBAMA and almost double that if his last.

 

Ha ha... We don't manage investments that way. Only a fool does not have several levels of risk commitment. Let’s say they’re at DEFCON 3

 

Ha ha....sure, whatever you say, many who lost their jobs still haven’t recovered their adjusted gross income. Obamacare was put in asap to supply healthcare for the millions that were jobless in a employer based healthcare system. It was not some pie in the sky idea. It was put in to save lives and boost the economy.
Trump care..where is it ? While you’re whining about his deficit ( not) he’s cutting Medicaid, ss and Medicare in the next budget....just in time for his next recession when countless will die and go bankrupt. You guys are economic neophytes.

 

You are fabricating. I'm doing no such thing. His debt increase over his first 802 days in office is flat to a bit better than Obama's over Obama's final 802 days.

Oh horseshit.

Well, you certainly aren't Einstein, and let's let it go at that.

 

What percentage of your investments is currently in cash? You know, since you are expecting an imminent crash due to Trump's mismanagement, surely you have a bunch of cash on hand so you can quickly scoop up a bunch of bargains, right?

 

No. I'm on a current events topic about Feb 2019 debt increase, where the hell are you?

Inherited? That sounds like a lot of excuses "but it was really hard! Wah!" He wanted the job, he campaigned for the job, then ran for reelection to keep the job and then bitched the whole time that he got the job when he asked for it. Trump's been in office two years and comparing him against Obama's final two years has little to do with the recession that ended in June of 2009.

Excuses Excuses. Obama's closest two years to Trump 17/18 are 15/16.

Is ancient history. This is a current events topic about Feb 2019. Why are you scared to discuss current economic conditions?

Well, you are right, Einstein, you are not. 2015 and 2016 are two years, Genius!

Trump's been President for two years, and his increase in the debt is flat to Obama's final two years, though Trump's GDP growth is much much better.

The evidence speaks for itself, Trump is a lot better at this than Obama, thank goodness.

 

March's deficit numbers aren't in yet.

 

Just checking to see if you money is positioned like your mouth is, and unsurprisingly you suddenly can't communicate, which actually does communicate, volumes. I'm not surprised.