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

[LV426]

The national debt when Obama came into office was 10 trillion when he left office it was over 18 trillion.

What was the debt when Bush came into office?

$4.6T.

So Bush more than doubled the debt.

[LV426]

Yep......that's some deficit reduction.

Deficits and debt are not the same thing, goober.

Deficits add to debt.

You are an economic illiterate.

[LV426]

Now tell us how the preceding presidents of the past 2 decades are responsible for the debt accumulated while Obama was in office

Prior to Obama, Bush added more to the debt than any President prior to him, and more than all Presidents put together.

[LV426]

Your digits are not dexterous enough to prompt the link to the government offices where this REAL DATA was collected?

LOL!

Here's Treasury Statements...show me where you're getting your #'s, liar.

[LV426]

What? State and local taxes don't count as government revenue?

Way to move the bar, jackass!

We were talking about federal revenues, since federal revenues were affected by the changes to the federal tax code.

[Truth Detector]

What jobs?

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

Fascinating bullshit. But then, you are a pathological lying dumbfuck.

The U.S. economy gained 304,000 jobs in January 2019. The economy needs 150,000 new jobs each month to keep expanding.
https://www.thebalance.com/jobs-repo...istics-3305732

Moving the bar, there!

You always do; liars have to keep changing their claims.

[LV426]

That's contingent on who is running up the debt. It's actually laughable to hear libs complain about debts and deficits.

Pointing out your hypocrisy on the debt and deficit doesn't mean we share your phony concerns.

[canceled.2021.1]

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.

Wow that sounds so great, except it didn't address the issue of the debt.

Did the national debt increase or decrease under both of those Presidents?

I will understand if you are afraid to answer

[LV426]

Wow that sounds so great, except it didn't address the issue of the debt

Prior to Obama, Bush added more to the debt than any President before him, and more than all Presidents combined.

[LV426]

Did the national debt increase or decrease under both of those Presidents? I will understand if you are afraid to answer

Oh, the debt increased of course, because the budget runs a deficit.

The rate at which the debt increases is determined by the deficit.

Obama and Clinton left office with smaller deficits than the ones you handed them.

[canceled.2021.1]

Oh, the debt increased of course, because the budget runs a deficit.

The rate at which the debt increases is determined by the deficit.

Obama and Clinton left office with smaller deficits than the ones you handed them.

Did they leave with higher debts than when they left? Yes or No?

I reclaim my time

[Truth Detector]

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-2017: $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, 2017 revenues were less than 2018

Receipts 2017 = $3,316 billion
Estimate for 2018 = $3,340 billion.

$3,340 Billion > $3,316 billion.

Moron. Revenues are not projected to be lower; therefore, tax receipts are HIGHER and the tax cut did not result in lower revenue. We have a SPENDING problem dumb fuck.

[LV426]

Did they leave with higher debts than when they left? Yes or No?

Yes.

I never claimed otherwise.

What I claimed was that they left with smaller deficits.

You're the one trying to jump between debt and deficit but in doing so, you just look dumb.

Prior to Obama, Bush added more to the debt than any President before him, and all Presidents combined.

[Ralph]

What jobs?

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





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.

Explain to us just where this 30 Billion increase came from if LESS TAXES were collected.....if not from the fact that more people are entering the labor force than ever before under Obama.

Here allow CNN (that great right wing news outlet that supports Trump with every breath....as compared to the left wing sites FACT CHECKERS are us like FACTCHECK.ORG, funded by the same left wing family that owned the Philadelphia Inquirer). Truth: FactCheck.org is funded entirely by a family trust controlled by the Annenburg family


The (wink, wink) FACTS as presented by CNN


https://www.cnn.com/2018/03/09/opini...ion/index.html

[canceled.2021.1]

Yes.

I never claimed otherwise.

What I claimed was that they left with smaller deficits.

You're the one trying to jump between debt and deficit but in doing so, you just look dumb.

Prior to Obama, Bush added more to the debt than any President before him, and all Presidents combined.

pssst

The thread is about the debt, not the deficit. Just sayin.

Ohbummer added $8.588 trillion more than ANY other President from a nominal standpoint. That's the fact jack.

Now here is where you scream and cry about percent increases to defend your affirmative action half white failure of a President

#MAGA BITCHES