U.S. budget deficit shattered one-month record in June as spending outpaced revenue by $864 billion

Discussion in 'Current Events' started by Giftedone, Jul 13, 2020.

  1. Zorro

    Zorro Well-Known Member

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    Fake News. When the Government TAKES, they must COMPENSATE. I guess you could call folks that can't figure that out "Biden Brains."

    While Democrats are running July victory laps for the Nov. Election,

    Trump build's his formidable ground game

    [​IMG]

    The RNC and President Donald Trump’s campaign have added 1,500 field staffers with their massive financial advantage over Democrats.

    They Trump Victory/RNC joint field effort hired an additional 300 staffers that will hit 20 target states by Wednesday in the largest and greatest field operation ever mounted by a Republican.

    Trump will turnout an army of determine Republic voters who will turn out votes on behalf of Republicans up and down the ticket this fall, taking our Great Nation back from the Left-Wing Nazi Seditionists trying to foment violent revolution in our blessed nation. Trump team will blow away the 2.2 million volunteer total that Obama fielded in 2012.

    RNC staffers have been on the ground for years in some cases, while the Rapidly Deteriorating Biden thinks that when it rains outside that folks indoors get wet.

    Republicans went 22-0 in the Senate races in states Donald Trump carried. A pickup of just 5 seats would give Republicans their most senators in 100 years.

    Make America Great! We have a Country To Rebuild!
     
    Last edited: Jul 13, 2020
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  2. FreshAir

    FreshAir Well-Known Member Past Donor

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    Obama was spending to clean up Bush's mess, Trump was spending when he says we had a "great' economy, not so great if you go in debt more than any other President before you, not so great if you have to keep interest rates so low, not so great if you have to have the fed constantly dump billions into the economy to keep it afloat
     
    Last edited: Jul 13, 2020
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  3. Par10

    Par10 Well-Known Member

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    Ah, so Congress, that actually writes the spending legislation, bears no responsibility. Is that really what you are going with?
     
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  4. Booman

    Booman Banned

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    Every president aside from Washington inherits problems. In modern times each president inherits the debt of all the previous administrations.
     
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  5. FreshAir

    FreshAir Well-Known Member Past Donor

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    I am not sure any President can clean up Trump's mess, it was too soon after the Bush mess

    the question now is, how long can we keep the house of cards standing before we go BK
     
    Last edited: Jul 14, 2020
  6. Par10

    Par10 Well-Known Member

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    You could look at it like this: Bush did spend too much but really started to take off when the Dems took over in 2006. Spending stayed pretty heavy under Obama and tapered off a bit when the Republicans again took control of Congress again starting around 2012. Unfortunately, the Dems regained control of the House in 2018 and, well, here we are.

    http://goliards.us/adelphi/deficits/index.html
     
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  7. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump inherited a growing economy - all we can hope for is that a President pass the economy off better than he got it, Trump will be another Bush in this regard
     
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  8. FreshAir

    FreshAir Well-Known Member Past Donor

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    the Bush tax cuts for the rich and war spending for two 10+ year wars are what caused the debt - and it's continued every year since then
     
    Last edited: Jul 14, 2020
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  9. Giftedone

    Giftedone Well-Known Member Past Donor

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    Never said anything of the sort - get a grip.
     
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  10. Booman

    Booman Banned

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    Growing at a snails pace. Keep drinking the Kool Aid!
     
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  11. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump's economy is not even growing, not even at a snails pace as you claim, it's on the verge of recession if not total collapse
     
    Last edited: Jul 14, 2020
  12. Giftedone

    Giftedone Well-Known Member Past Donor

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    There was an initial "Trump Bump" that happened .. much of which occurred prior to Trump getting into office. The market was reacting to a pro business candidate being elected.

    The rest of the economic upswing that happened under Trump was in large part due the massive increase in Gov't spending.

    This nitrous oxide injection managed to increase GDP to 3-3.5% for a short period of time (not the 5-6% predicted by Trump) after which it fell back below 2% = the emperor had no clothes.
     
    Last edited: Jul 14, 2020
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  13. Booman

    Booman Banned

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    Sure. Lets go with that.
     
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  14. FreshAir

    FreshAir Well-Known Member Past Donor

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    where did the tea party go.... Trump spending like a drunken sailor, and they are no where to be seen
     
    Last edited: Jul 14, 2020
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  15. 3link

    3link Well-Known Member Past Donor

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    We already do this for red states, which is why we have such a big deficit.
     
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  16. Quantum Nerd

    Quantum Nerd Well-Known Member

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    Hey, then why did the Tea Partiers blame Obama for eight years?
     
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  17. Pred

    Pred Well-Known Member

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    ...due to coronavirus. And every spending bill has been signed by Democrats. That’s an important little nugget there skipper.

    Without coronavirus we wouldn’t even be having conversations about who was winning in November.
     
    Last edited: Jul 14, 2020
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  18. struth

    struth Well-Known Member

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    all the more reason to get people back to work.
     
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  19. FreshAir

    FreshAir Well-Known Member Past Donor

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    Trump's economy was failing before the virus, that is why the fed kept interest rates so low and was dumping billions into the economy.... did you forget?
     
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  20. Daniel Light

    Daniel Light Well-Known Member

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    Hint - the President signs off on the budget, he can veto if he doesn't agree with it. The buck stops with him.

    Hint.

    Hint.

    Hint.

    Or is Trump just an empty suit who does everything the Democrats tell him to?
     
  21. NightOwl

    NightOwl Banned

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    Red states receive 35.75 percent on average of their budgets from the federal government, while blue states receive 30.80 percent. However, blue states’ budgets are far larger - mainly due to all the bloat and waste from democrats. The 10 states in the best fiscal condition are almost all red states. The 10 states with the worst numbers in the red are almost all blue states.
     
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  22. Bearack

    Bearack Well-Known Member

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    Learn that we should disenfranchise with China as they single handily destroyed the worlds economy? Good question, when will America finally learn because if Biden wins, he surely will go back to the sucking the teat of Dictator Xi.
     
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  23. Egoboy

    Egoboy Well-Known Member Donor

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    Well, I hope Dictator Xi has some really high quality nipple cream for the chafing....

    If he does, it likely wasn't made in the USA....
     
  24. Bearack

    Bearack Well-Known Member

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    Um, you do realize that our current debt is a product of a pandemic at which the stimulus packages were a bipartisan other than all the GD riders the liberals tied to them.
     
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  25. Bearack

    Bearack Well-Known Member

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    Liberals have their way, we won't produce anything in this nation. Just a service based economy living off the government dime!
     
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