Feb Budget Deficit Largest on Record

Discussion in 'Budget & Taxes' started by FlamingLib, Mar 22, 2019.

  1. rahl

    rahl Well-Known Member

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    I’ve repeatedly done so. He cherry picks, and posts graphs that he can’t read.

    The economic data over the past 9 years is crystal clear. It’s a straight line of improvement that has remained unchanged under trump. This is proven and demonstrable fact.
     
  2. dagosa

    dagosa Banned

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    That’s laughable. Most poorer people Don’t pay any more then you....the idea everyone of the working poor has extravagant cell phone service is bull.
    People can have better phones then yours, use it for all their services and pay less because they don’t have five computers and a tablet. Get real.
     
    Last edited: Apr 7, 2019
  3. dagosa

    dagosa Banned

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    Get real..you’re filled with opinions and NO FACTS
    High skilled tech jobs whether engineers, diesel mechanics or CERTIFIED electricians all require schooling. Did you have enough to even produce any references....not ?

    https://www.advisorperspectives.com...lion-unfilled-jobs-in-america-question-is-why

    This is just one if many articles from business mags. 6 million unfilled jobs because of unskilled labor force.

    The unfilled high tach jobs is costing our economy.
    https://www.cio.com/article/3175447/15-unfilled-tech-jobs-that-cost-the-u-s-billions.html

    Available, affordable Education does not exist for most.
     
  4. dagosa

    dagosa Banned

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    There are few if any publications that agree with your bogus ideas.
    Millions of jobs are unfilled due to lack of skills including tens if thousands of engineers. You really don’t seem to understand that engineers and diesel mechanics need schooling like a university student majoring in the arts does.
    https://www.usnews.com/news/article...ll-face-shortage-of-5-million-workers-in-2020
     
    Last edited: Apr 7, 2019
  5. dagosa

    dagosa Banned

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    Your taxes are lower because if Trump. You’ve gone through one fiscal year of federal budget. Just like Reagan, just Like Bush and jest like Trump, your lical taxes hav3 or will rise at a greater rate as federal grants are cut back. I doubt you git your $4000 federal tax cut Trump promised, but your overall tax burden will go up at a faster rate. Always does with republicans.
     
  6. dagosa

    dagosa Banned

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    Your taxes are lower because of Trump ? Mine went up. Fewer deductions. You’ve gone through one fiscal year of federal budget. Just like Reagan, just Like Bush and just like Trump, your local taxes have or will rise at a greater rate as federal grants are cut back. I doubt you got your $4000 federal tax cut Trump promised, but your overall tax burden will go up at a faster rate. Always does with republicans.
     
    Last edited: Apr 7, 2019
  7. tharock220

    tharock220 Well-Known Member

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    How many trillion dollar deficits did Obama post again. A shortfall of that magnitude can only be claimed by 44.
     
  8. dagosa

    dagosa Banned

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    We’ll excuse your lack of understanding of what happens during a Republican lead recession. Just to refresh you, millions lost their jobs and two Bush lead wars while having a huge tax cut. Just a reminder, they aren’t paying taxes and still, the govt has to supply unemployment benefits and services and pay the military. That means a big deficit for Obama. Of course, Trump brags that everyone is now working. That is what makes his deficit inexcusable. Just the fact you need the difference explained, makes your opinions on any economy highly suspect.
     
    Last edited: Apr 7, 2019
  9. Pollycy

    Pollycy Well-Known Member

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    I'm actually pretty "real", dagosa. I see people every day, who pretty obviously have neither "a pot or a window", but they've got the hooptie 'smart' phone and must have one hell of a data plan -- if only because they're ON the damn thing all the time.

    Me? I don't care... I told you what I have, and what it cost me, and what it continues to cost me in recurring expense. I'm happy... you're happy... everybody's happy. What could be better?
     
  10. danielpalos

    danielpalos Banned

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    did you miss the Recession due to all of the social bailouts for Capitalism?
     
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  11. dagosa

    dagosa Banned

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    Wow, that’s not real scientific. What you see everyday is irrelevant. I can tell you just by checking the the programs offered by every carrier, you’re not saving ANY money over some one who does all their business over one smart more capable phone with an unlimited plan.
    Check the costs of unlimited plans...they’re little more then yours and a more capable phone doesn’t require a computer and or tablet. But, you’ll go on generalizing as poor people for deniers is just a euphemism for minorities. Cell phones are not luxury items and neither is a microwave and air conditioning for city dwellers.
     
    Last edited: Apr 7, 2019
  12. Pollycy

    Pollycy Well-Known Member

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    Well... if it looks like a cherry, feels like a cherry, and TASTES like a cherry, it may just BE a cherry!

    And I've told you repeatedly over the years that the supposedly wonderous Obama "recovery" was nothing but the Federal Reserve banking cartel playing magic tricks with QE1, QE2, QE3, 'Operation Twist', buying hundreds of billions of dollars worth of toxic "assets" to rescue those it considered too big to fail, etc., etc., etc. Obama was nothing but a 'lap dog' for Bernanke, and later, for Yellen.

    But -- and here's something new in my usual rant -- I'm growing very unhappy with Trump raising hell with the Fed's feeble, dragged-out, snail-slow attempts to raise interest rates, getting rid of the four-trillion bag of "balance sheet" sh!t accumulated during "the great recession", and doing something more to the benefit of the American dollar. In terms of actual DEMAND for money, interest rates should be much higher than they are now. But, Trump wants to keep a big BLOAT of low-interest FLOAT so that stock market gamblers won't have to take the 'training wheels' off their bicycyles. He'd better start to understand that there aren't enough happy stock market gamblers to get him re-elected in 2020....
     
    Last edited: Apr 7, 2019
  13. danielpalos

    danielpalos Banned

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    tax cut economics are worthless if they don't balance the budget.
     
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  14. tharock220

    tharock220 Well-Known Member

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    The 2009 budget was going to come in at under $500 billion until ARRA and the omnibus spending bill son.
     
  15. dagosa

    dagosa Banned

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    Poor people CANT make good choices. Most Americans can’t save much. They live from pay check to pay check.
    https://www.cnbc.com/2017/08/24/most-americans-live-paycheck-to-paycheck.html

    You. and I it seems can afford to save up, buy a good quality car for cash, service it and keep it for ten plus years and thereby save thousands in the long run. Poorer people, which is most of America, cant Afford to save money, literally for anything. They are always in debt and falling behind. Saving money takes more financial backing then many have.
     
  16. dagosa

    dagosa Banned

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    And the supplemental budget was spent on two wars and unemployment Benefits. Bush made a living avoiding budget overruns by doing omnibus spending his second term to ovoid large deficits on record. . Here’s the real record.
    upload_2019-4-7_20-33-21.jpeg
     
  17. dagosa

    dagosa Banned

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    Exactly...
     
    Last edited: Apr 7, 2019
  18. tharock220

    tharock220 Well-Known Member

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    2009 may have been submitted by Bush but it was added to multiple times by Obama. It would have come in much lower without that extra spending.
     
  19. dagosa

    dagosa Banned

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    A refresher. Bush last budget had huge default he handed to Obama.
    upload_2019-4-7_21-7-48.jpeg
     
    Last edited: Apr 7, 2019
  20. ronv

    ronv Well-Known Member

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    [​IMG]
     
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  21. Bluesguy

    Bluesguy Well-Known Member Donor

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    The recession was 2/3's over when Obama moved over to the WH and ended within 6 months before his stimulus was even put into place. Stop with the false credit to Obama, all he did was blow $800B on a failed stimulus that was supposed to hold unemployment to 8% and quickly get us into a full recovery that never came.
     
  22. Bluesguy

    Bluesguy Well-Known Member Donor

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    I would say your ignorance but the mods will delete the post. Your misrepresentation of who controls the budgets and how they are past and the history is quite lacking. FY2008 and FY2009 where Democrat budgets not Republican or Bush budgets. FY2009 specifically included additional spending by President OBAMA. The economy Obama "inherited" was after two years of his and his fellow Democrat's policies and failure to deal properly with the 2008/2009 recession after taking that control a year before it began.
     
  23. Pollycy

    Pollycy Well-Known Member

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    No, not once.... And it appears that Trump wants to escalate his 'tiff' with the Fed by trying to put Herman Cain on the board. This isn't going to be pretty, and there's no doubt in my mind that Trump will end up losing his ass in any confrontation with Fed. The Fed tells EVERYBODY what to do and how it's going to be... not the other way around.
     
  24. rahl

    rahl Well-Known Member

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    literally every time
     
  25. Pollycy

    Pollycy Well-Known Member

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    Yeah, blah, blah, you never refuted ANYTHING I've ever said about the Fed, but you won't admit it. I no longer care in the slightest....
     

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