The Riddler

Where's the Outrage?

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So we hard to hear it from the Obama haters for 8 years of his spending...ok, to be fair why not Trump?  Wheres the outrage? 

 

 

07B296A4-C2A3-4A44-A321-337951CF7B92.jpeg

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plenty of outrage, unfortunately our brethren on the left have a fixation on Russian hookers and phony collusion docs.

I have told them time and again how to defeat Trump

1. Ignore him

2. point to the spending

3. investigate the Kushner Qatar deal.

 

 

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4 mins ago, The Riddler said:

So we hard to hear it from the Obama haters for 8 years of his spending...ok, to be fair why not Trump?  Wheres the outrage? 

 

 

07B296A4-C2A3-4A44-A321-337951CF7B92.jpeg

Why don't you start so we can get an idea where we should be heading with this. We don't want to get tripped up like many people did on that Russia hoax thing.

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If you take out the expansion in spending due to the end of the sequester, particularly the military piece, how much of this spending is actually due to Trump’s actions?

 

How much is non-discretionary spending that would have occurred no matter who is president?  

 

 

What exactly has Trump “spent money on” that was in his direct control? 

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Now who's reaching? The first of Obama was inherited and as one can see it continually went down year after year. and the projected deficit is much higher for this year too. So are you saying he did a bad job on the deficit????

marvelous.jpg

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1 hour ago, tomkaz said:

If you take out the expansion in spending due to the end of the sequester, particularly the military piece, how much of this spending is actually due to Trump’s actions?

 

How much is non-discretionary spending that would have occurred no matter who is president?  

 

 

What exactly has Trump “spent money on” that was in his direct control? 

This one is my favorite...

https://trumpgolfcount.com/

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2 mins ago, GuiltyAsCharged said:

Yes he did. 6.5 trillion isn't good.

And this is????? Your guy remember. :hi5:

 

The CBO says the federal budget deficit is $960 billion in 2019 and will average $1.2 trillion from 2020 to 2029, causing the federal debt to balloon to 95% of GDP in 2029 – "its highest level since just after World War II." "The nation's fiscal outlook is challenging," CBO Director Phillip Swagel said in a statement.Aug 22, 2019

 

Or this????  :hi5:

 

From Forbes

Trump likes to claim that everything he does is the largest by any President. He is going to get his “wish” with the budget deficit since they are on course to be the biggest in an expanding economy. Between the 2018 tax cuts and the increase in spending for 2020 and 2021 it will push the accumulated deficits to be the largest ever over a four-year timeframe. And God help the U.S. when a downturn in the economy hits and the deficits balloon beyond any current projection.

A little history is in order

Republicans use a sound bite that the federal debt doubled under Obama. In looking at the numbers that is close to being numerically correct but falls short of being 100%. When you take into account the Great Recession, making W. Bush’s temporary tax cuts permanent, increased Social Security and Medicare spending as more Baby Boomers retire and become 65 years old and the Afghanistan and Iraq wars he inherited the story is quite different. 

Former U.S. President Barack Obama. (Photo by Sean Gallup/Getty Images)

Getty Images

According to the US National Bureau of Economic Research the Great Recession started in December 2007 and ended in June 2009. President Barack Obama was sworn in on January 20, 2009, so it had already started before he entered office.

The first thing you notice when looking at the federal deficits from fiscal 2008 (the US government fiscal year ends in September) is that it increased by almost $1 trillion from fiscal 2008 (before Obama was elected) to fiscal 2009 (which was based on Bush’s last budget). It remained over $1 trillion per year for four years and got below Bush’s last years deficit in fiscal 2015. It continued to decrease until Obama’s last year and increased again in Trump’s first year in office.

Fiscal 2007: $161 billion (next to last year of Bush’s second term)

Fiscal 2008: $459 billion (beginning impact from the Great Recession)

Fiscal 2009: $1.4 trillion (Obama’s first year, Bush’s budget and in the teeth of the Recession)

Fiscal 2010: $1.3 trillion

Fiscal 2011: $1.3 trillion

Fiscal 2012: $1.1 trillion

Fiscal 2013: $680 billion

Fiscal 2014: $485 billion

Fiscal 2015: $438 billion

Fiscal 2016: $587 billion

It is clear that the almost $1 trillion jump between fiscal 2008 and 2009 was due to the Great Recession. Tax receipts fell, expenditures rose and Obama and Congress passed the American Economy and Reinvestment Act to combat the recession.

Trump’s deficits to hit $1 trillion in a good economy

There are components to the federal budget that Trump and Congress essentially don’t have control over, those being entitlement programs such as Social Security and Medicare. However, Trump and Congress (essentially Republicans) passed a tax bill that cut receipts to the government and increased spending, both on the military and various other programs. And to add more fuel to rising deficits the soon to be enacted budget compromise (unless something derails it) will add almost $230 billion in fiscal 2020 and 2021 combined.

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9 mins ago, GuiltyAsCharged said:

Yes he did. 6.5 trillion isn't good.


Fiscal 2007: $161 billion (next to last year of Bush's second term)
Fiscal 2008: $459 billion (beginning impact from the Great Recession)
Fiscal 2009: $1.4 trillion (Obama's first year and in the teeth of the Recession)
Fiscal 2010: $1.3 trillion
Fiscal 2011: $1.3 trillion
Fiscal 2012: $1.1 trillion
Fiscal 2013: $680 billion
Fiscal 2014: $485 billion
Fiscal 2015: $438 billion
Fiscal 2016: $587 billion
Fiscal 2017: $666 billion (Trump's first year of his Presidency)
Fiscal 2018: $779 billion
Fiscal 2019: Forecast to reach $897

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46 mins ago, Stonesipher said:

Now who's reaching? The first of Obama was inherited and as one can see it continually went down year after year. and the projected deficit is much higher for this year too. So are you saying he did a bad job on the deficit????

marvelous.jpg

Who on the left is going to reduce it, ‘siph?

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