Deficit slashed in HALF by DARK BRANDON

PostmodernProphet said:
/whispers.....the deficit didn't actually fall.......we were in the hole about one and a half trillion dollars........the best you can say is that, given the fact the demmycunts were in charge, it might have been twice as bad.........
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The deficit was $1.7 trillion and dropped to $1 trillion after the Trump-Biden stimulus/pandemic spending ended. The deficit increased to $1 trillion under Trump's tax cut that reduced revenue and increased spending. Both parties are fiscally irresponsible and only partisans try to pretend otherwise in order to defend their side.
 
cawacko said:
So we pass a massive (unnecessary) stimulus package in 2021 (hello inflation) and now the deficit is reduced because it's no longer on the books. And that's to be celebrated as some sign of fiscal discipline?

The headline is equivalent to the phrase of people being distracted by shiny objects.
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The deficit will shoot up again if student loan forgiveness gets passed (depending on how it is carried on the books).
 
Flash said:
The deficit was $1.7 trillion and dropped to $1 trillion after the Trump-Biden stimulus/pandemic spending ended. The deficit increased to $1 trillion under Trump's tax cut that reduced revenue and increased spending. Both parties are fiscally irresponsible and only partisans try to pretend otherwise in order to defend their side.
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the facts keep tripping you up.....
 
Flash said:
Then states some "alternative facts" to support your claims. Anybody can claim somebody is wrong; presenting proof takes some time and knowledge.
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Biden has added close to $4T to the national debt in two years......inflation is the highest level since Carter.........you are in a thread bragging about his fiscal responsibility.......
 
cawacko said:
So we pass a massive (unnecessary) stimulus package in 2021 (hello inflation) and now the deficit is reduced because it's no longer on the books. And that's to be celebrated as some sign of fiscal discipline?

The headline is equivalent to the phrase of people being distracted by shiny objects.
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Keyboard Bad Guy get's destroyed in post #2. :rofl2:
 
PostmodernProphet said:
Biden has added close to $4T to the national debt in two years......inflation is the highest level since Carter.........you are in a thread bragging about his fiscal responsibility.......
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No information on the deficit? You are not reading carefully, again. You have only heard me say both parties are fiscally irresponsible. Trump added $8.2 trillion to the debt. At least I recognize both parties are irresponsible while you defend anything Republicans do including their fake accusations. Partisans care little about real facts as they are only interested in making partisan talking points.
 
PostmodernProphet said:
I believe the actual number is closer to $6T of which nearly $3T was extra-budget covid spending in 2020.....but that's only if you believe government statistics, of course.....
https://fiscaldata.treasury.gov/americas-finance-guide/national-deficit/
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According to the Historical Tables in the White House Budget, the debt went from:

(in millions)
2018: 21,462,277
2021: 28,385,562

Increase of $6,923,285

Table 7.1—Federal Debt at the End of Year: 1940–2027
 
Flash said:
According to the Historical Tables in the White House Budget, the debt went from:

(in millions)
2018: 21,462,277
2021: 28,385,562

Increase of $6,923,285

Table 7.1—Federal Debt at the End of Year: 1940–2027
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and according to the federal government in the link I already provided the deficit in 2017 was $0.67T, 2018 $0.78T, 2019 $0.98T and 2020 $3.3T......
compare that to 2021 $2.71T and $1.38T (not counting the funds that the courts have blocked him from spending).......
let me note that my source is the US Treasury, yours is the White House.....
 
PostmodernProphet said:
lets do that........the amount Trump added to the national debt in four years is the same as Biden did in two years.....feel free to discuss how much you hated Trumps spending (most of which went to fund covid research and keep people alive in 2020)............
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OK! I wasn't upset with Trump's Deficit spending. I was more upset with him putting the tax burden off on the hardest working Americans while allowing the Rich to get out of paying their fair share. How you ever going to pay the debt off, when you let that happen?
 
Truth Detector said:
You finally got something right. :clap:



That's always the case with dumb losers like you.



No one cares. :palm:



You'll lose even more now that you voted for a dumbass like Biden. You owe ALL Americans who didn't an apology. Get on it.



Because Bush had nothing to do with the mortgage collapse. You can't thank the morons in the Democratic Party of Lying Jackasses for that.

This is absolutely Biden's fault because the moron doesn't know a thing about economics, how the real world works or know what it's like to not have his head stuck up his ass all day long. ;)



Another stupid moronic claim based on ignorance and stupidity. Biden OWNS this. But because you're a dishonest partisan hack lacking an IQ above your age, you can't begin to comprehend why.

I'll help you out. When you attack BIG oil and cancel leases and pipelines, as you promised during your campaign, and play the opposite game reversing all of Trump's policies, and then spend taxpayer money like a drunken sailor, you get massive inflation. It's pretty obvious and simple to anyone with a high school degree.
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Don't be silly!
 
Geeko Sportivo said:
OK! I wasn't upset with Trump's Deficit spending. I was more upset with him putting the tax burden off on the hardest working Americans while allowing the Rich to get out of paying their fair share. How you ever going to pay the debt off, when you let that happen?
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obviously your claim isn't true......everyone who paid taxes got a tax cut......those in the lowest bracket got as much as a 100% tax break....did you expect them to get more than 100%?......
 
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