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Thread: How the hell are we going to pay back 20 trillion?

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    Quote Originally Posted by Ralph View Post
    Corporate taxes were lower? So what? The increased 30 billion garnered in tax came from somewhere......like the NEW JOBS created by the tax cuts
    What jobs?

    The pace of job growth in 2018 was worse than it was during Obama's second term.



    The Government accounting leaves no doubt.....an increase in collected tax revenues over the entire length of this administration simply does not comply with your FAKE FIGURES.
    Moving the bar, there!

    "over the length of this administration"

    Well, tax revenues generally grow regardless of who is President. The only times they don't are during economic downturns, like your recession, or when taxes are cut, like what happened from 2001-4 and now 2017-18.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by LV426 View Post
    Yes, your hypocrisy.
    Quote Originally Posted by anonymoose View Post
    Not an answer. What is it?
    And "Yes, your hypocrisy," is not an answer. So what is it?
    Quote Originally Posted by LV426 View Post


    That's what I thought.

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    Quote Originally Posted by LV426 View Post
    I remember when Obama reduced the deficit.

    Obama and Clinton are the only two Presidents over the last 40 years to leave office with a deficit smaller than the one they inherited.
    So a national debt is not a deficit? LMAO. The national debt when Obama came into office was 10 trillion when he left office it was over 18 trillion. Yep......that's some deficit reduction. Now tell us how the preceding presidents of the past 2 decades are responsible for the debt accumulated while Obama was in office.

    Remember. Figures don't lie......LIARS FIGURE. Reality: This is Keynesian Economics in action......government attempting to spend its way out of debt.

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    Quote Originally Posted by Centerleftfl View Post
    Deficits ONLY MATTER when DEMOCRATS are in office! No matter that REPS created them. Got it?
    You've got is ass backwards. But then, when did you get much of anything right?

    Quote Originally Posted by Centerleftfl View Post
    Ask CARTER who REPUBS screamed about 'his' deficits and REAGAN quadrupled them. Ask Clinton who CLEANED UP BUSH I's DEFICITS and even ended with a SURPLUS. Ask OBAMA who stopped the HEMORRHAGING of Bush deficits from his TAX CUts, HIS TRILLION $ WAR OF CHOICE, his tanked the stock market, and our house values with HIS CATASTROPHIC RECESSION.
    Once again you illustrate how clueless you are; Congress is the only body that can spend money. Under Carter Democrats were in control. Under Reagan, Democrats were in control. Under Cinton REPUBLICANS were in control. Under Obama first two years of massive spending, DEMOCRATS were in control.

    Quote Originally Posted by Centerleftfl View Post
    Now this fucking fool is EXPLODING the deficits again with MORE tax cuts. FUCK US!
    Obama added the equivalent of more than $2 trillion a year and not a word from you leftist liars for EIGHT fucking years. NOW, after a mere TWO years in office, you are going to whine about Trump?

    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by Bourbon View Post
    Make Mexico Pay for it ...
    Absurdity; the last refuge for liars, fools and ignorance. Yay you!!
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by LV426 View Post
    Not sure from where you're sourcing these numbers, but they're not accurate.
    Your digits are not dexterous enough to prompt the link to the government offices where this REAL DATA was collected?

  8. #82 | Top
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    Quote Originally Posted by Micawber View Post
    Never heard of it. Why don't you want to talk about Trump's promise to eliminate the 20 trillion debt and build a gold wall
    with diamond studs that Mexico will pay for.
    Link us up to where Trump promised to erase $20 trillion in debt and a "gold wall with diamond studs" there sweet cheeks.

    Absurdity; the last refuge for liars, fools and ignorance. Yay you!
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by Micawber View Post
    I say we take the entire gross national product for one year and pay it off. We all go about our
    business doing whatever we do, but instead of paying anyone or getting paid, we pay the government.
    One year of ramen noodles and we are out from under.
    Absurdity; the last refuge for liars, fools and ignorance. Yay you!
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by Micawber View Post


    Trump doesn't seem to be fixing this. He owns the national debt.
    Didn't he say he was going to grow out of it? "Eliminate it" Trump is slated to add 9 trillion to it this term.

    Yes, he's going to nearly increase it by half.

    https://www.thebalance.com/trump-pla...l-debt-4114401
    Lol, yet you support AOC. Retard much?
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    Quote Originally Posted by katzgar View Post
    Okay now you're being stupid again
    How so? You don't think the Government ran up nearly $10 trillion during Obamunism? Moron.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by Centerleftfl View Post
    How about VENEZUELA? They've got lots of money now.

    I keep wondering are VENEZUELANS not brown enough to warrant the Wingshits ire? I don't hear them SCREAMING as they are teeming into the US! Are they 'flying' in, presenting themselves at other 'non-border' entry points where they announce they are seeking asylum?

    Explain this to me! Has FOX not told the XENOPHOBES they are coming in droves?
    Going full retard when caught lying.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


    A lie doesn't become the truth, wrong doesn't become right, and evil doesn't become good just because it is accepted by a majority.
    Author: Booker T. Washington



    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


    Quote Originally Posted by AProudLefty View Post
    Address the topic, not other posters.

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    Quote Originally Posted by cawacko View Post
    You’re a Democrat, aren’t you on the MMT train? Deficits and debt don’t matter...
    That's contingent on who is running up the debt. It's actually laughable to hear libs complain about debts and deficits.
    Every life matters

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    What? State and local taxes don't count as government revenue? The reality of taxes collected at the federal level is represented in the documented fact that Federals tax revenues grew from 6.33 in 2017 to some 6.61 to be collected in 2020. Revenues in 2018 was some 6.41 trillion collected. TRUTH: Tax revenues have never went down......targeted taxation has been reduced (progressive UNCONSTITUTIONAL TAXATION) has been reduced and more evenly distributed among those who actually pay taxes. Allow me to present the same damn link used to debunk your lies on another thread that you totally ignored and now say, "I don't know where you are getting your information....yada, yada,)

    https://www.usgovernmentrevenue.com/total_revenue.

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    Quote Originally Posted by Ralph View Post
    As I pointed out. Figures don't lie.....BUT LEFT WING LIARS SURE DO FIGURE. Like pointing out that less taxes were collected at the corporate level but never presenting the numbers where those revenues were offset plus billions of dollars in more tax revenues because MORE PEOPLE are now in the work force paying income taxes.
    The revenues were not offset. Here are the Treasury receipts, calculate for yourself!

    Receipts
    Jan-2017: $344,069
    Feb-2017: $171,713
    Mar-2017: $216,584
    Apr-2017: $455,605
    May-2017: $240,418
    Jun-2017: $388,660
    Jul-2017: $232,040
    Aug-2017: $226,311
    Sep-2017: $348,722
    Oct-2017: $235,341
    Nov-2017: $208,374
    Dec-2017: $---,---
    Total-2017: $3,067,837

    Receipts
    Jan-2018: $361,038
    Feb-2018: $155,623
    Mar-2018: $210,832
    Apr-2018: $510,447
    May-2018: $217,075
    Jun-2018: $316,278
    Jul-2018: $225,266
    Aug-2018: $219,115
    Sep-2018: $343,559
    Oct-2018: $252,692
    Nov-2018: $205,961
    Dec-2018: $---,---
    Total-2018: $3,017,886

    December 2017 had revenues at $325,797. December 2018 revenues are due 2/13.

    So for the Russia Tax Cut to have paid for itself, it will need to have generated $375,000 in December 2018, which seems unlikely given the shutdown.

    So Jan-Nov, 2018 revenues were less than 2017
    Last edited by LV426; 02-11-2019 at 03:50 PM.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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    Quote Originally Posted by Ralph View Post
    So a national debt is not a deficit?
    Nope. Debt is an accumulation of deficits.

    You're the ones who increase deficits while Democrats are the ones who reduce them.

    You're not the people of fiscal responsibility.
    When I die, turn me into a brick and use me to cave in the skull of a fascist


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