jbluhm86 Posted March 23, 2019 Report Posted March 23, 2019 Bloomberg News: U.S. Posts Largest-Ever Monthly Budget Deficit in February "The U.S. posted its biggest monthly budget deficit on record last month, amid a 20 percent drop in corporate tax revenue and a boost in spending so far this fiscal year. The budget gap widened to $234 billion in February, compared with a fiscal gap of $215.2 billion a year earlier. That gap surpassed the previous monthly record of $231.7 billion set seven years ago, according to data compiled by Bloomberg. February’s shortfall helped push the deficit for the first five months of the government’s fiscal year to $544.2 billion, up almost 40 percent from the same period the previous year, the Treasury Department said in its monthly budget report Friday. The release was delayed a week by the government shutdown earlier this year. Receipts dipped less than 1 percent to $1.3 trillion in the October-February period from the previous year, while spending accelerated 9 percent to $1.8 trillion. The fiscal shortfall is widening following President Donald Trump’s $1.5 trillion tax-cuts package that’s weighing on receipts and raising concerns about the national debt load, which topped a record $22 trillion last month..."
Clevfan4life Posted March 23, 2019 Report Posted March 23, 2019 Its deficit spending all over again but this time the world will not be our huckleberry for long as it pertains to accepting the dollar as the world's reserve. The libertarians explicitly understand this and I was hoping rand would rub off on trump more. I tacitly agreed with trump that stimulating the economy through well structured tax cuts for people who prove they are intent on creating economy here in the U.S, was the best route to dwindling the deficit over time. So as well as our economy is "allegedly" doing, its concerning we're still posting these short term deficits. I think too many people licked trump's balls so he just gave away too much and those people are like "thanks......diicckk", and the usual corporate welfare that trump seemingly promised he would end, continues unabated. He should yank back any promises or cuts for those companies that were lije "yeah we'll bring back all these jobs" and now are like "yyeeaahhh we're really not sure now"
calfoxwc Posted March 23, 2019 Report Posted March 23, 2019 it's baloney to blame it on tax cuts when the economy is booming, despite the obamao commie fed raising interest rates 4 times since Pres Trump was elected. and, the democrats demand to boost social spending to make even more destitute people depend on the gov dole for their survival. Democrats to push for equal funding boost for defense, domestic ... https://www.washingtonexaminer.com/.../democrats-to-push-for-equal-funding-boost-... Mar 12, 2019 - House Democrats said Tuesday they will fight this year to make sure ... and will oppose any Republican effort to boost defense spending above
Clevfan4life Posted March 23, 2019 Report Posted March 23, 2019 How is boosting the def budget good for controlling the deficit? It's more 80's bullshit all over again
calfoxwc Posted March 23, 2019 Report Posted March 23, 2019 you have to boost the defense budget, your obaMAO commie slashed the defense budget Just learn to read...something. and yes, both houses of Congress were weinies on the subject, too. THANK GOD FOR PRESIDENT TRUMP. MAGA ! https://www.washingtontimes.com/news/2016/mar/14/ed-feulner-obama-deep-cuts-to-defense-leaves-us-vu/ An indefensible defense budget Obama's deep cuts could lead to a U.S. military defeat
Westside Steve Posted March 23, 2019 Report Posted March 23, 2019 2 hours ago, MLD Woody said: I'm assuming Cal blamed Obamao? And I'm assuming that when the stock market goes back up you'll be praising Trump for the recovery? WSS
Westside Steve Posted March 23, 2019 Report Posted March 23, 2019 Just a theory, in this world instantaneous stock reports, day Traders etc etc lead to this kind of shit. Instability in the market costs money as people bail. When Democrat puppet Robert Mueller released his report and dump time speculation was there is bad news for the administration. I predict that as news spreads it was bogus, meaning the entire investigation, things get Rosy again. We shall see. WSS
Clevfan4life Posted March 23, 2019 Report Posted March 23, 2019 12 minutes ago, MLD Woody said: Is a monthly budget instantaneous? These guys are just woefully undereducated. But yeah we're being "pseudo intellectuals" by pointing out basic high school civics huh? ☕
Westside Steve Posted March 23, 2019 Report Posted March 23, 2019 20 minutes ago, Clevfan4life said: These guys are just woefully undereducated. But yeah we're being "pseudo intellectuals" by pointing out basic high school civics huh? ☕ Just keep on boasting, Slim, the Woodpecker believes you. WSS
calfoxwc Posted March 24, 2019 Report Posted March 24, 2019 https://www.investopedia.com/investing/how-interest-rates-affect-stock-market/ William J. Clinton 1993–2001 George W. Bush 2001–2009 Barack Obama 2009–2017 Donald J. Trump 2017–present So, looks to me, that the fed became highly politicized about when George W. was re-elected. Interest rates roared high. Then when Obamao was running and was elected, the interest rates plummeted to a very, very low rate. Then when we elected Pres Trump and saved Real America - yep, the interest rates started going back up again.
Clevfan4life Posted March 24, 2019 Report Posted March 24, 2019 5 hours ago, Westside Steve said: Just keep on boasting, Slim, the Woodpecker believes you. WSS Ur just undereducated I'm sorry to inform you. Nobodys boasting about knowing the basics. Ur just dumber than the mean. It's really all there is to say ☕
Westside Steve Posted March 24, 2019 Report Posted March 24, 2019 6 hours ago, Clevfan4life said: Ur just undereducated I'm sorry to inform you. Nobodys boasting about knowing the basics. Ur just dumber than the mean. It's really all there is to say ☕ Call me when my prediction comes true. Should be a matter of weeks or possibly even days. WSS
Clevfan4life Posted March 24, 2019 Report Posted March 24, 2019 2 hours ago, Westside Steve said: Call me when my prediction comes true. Should be a matter of weeks or possibly even days. WSS U don't even realize what I was facepalming about. I have no idea what ur talking about nor do I care about ur prediction.
Westside Steve Posted March 24, 2019 Report Posted March 24, 2019 21 minutes ago, Clevfan4life said: U don't even realize what I was facepalming about. I have no idea what ur talking about nor do I care about ur prediction. Nor do I (or anyone else) care. WSS
tiamat63 Posted March 27, 2019 Report Posted March 27, 2019 Speaking of budgets... ..... this is pathetic.
Clevfan4life Posted March 27, 2019 Report Posted March 27, 2019 You'd think the special Olympics would be near and dear to Donald's heart. I mean...
Westside Steve Posted March 28, 2019 Report Posted March 28, 2019 5 hours ago, tiamat63 said: Speaking of budgets... ..... this is pathetic. I'd say we should cut the teachers salaries. 5% , that should hey for a hell of a lot of Special Olympics and whatever the fuck else you guys are going to die without. WSS
tiamat63 Posted March 28, 2019 Report Posted March 28, 2019 30 minutes ago, Westside Steve said: I'd say we should cut the teachers salaries. 5% , that should hey for a hell of a lot of Special Olympics and whatever the fuck else you guys are going to die without. WSS Die without? What does that even mean?
MLD Woody Posted March 28, 2019 Report Posted March 28, 2019 33 minutes ago, tiamat63 said: Die without? What does that even mean? He doesn't even know
MLD Woody Posted March 28, 2019 Report Posted March 28, 2019 If she is legitimately making all of these cuts and raising executive salaries that's pathetic dRaIn ThE sWaMp
calfoxwc Posted March 28, 2019 Report Posted March 28, 2019 What is pathetic is the msm emotional knee jerk "take them out of context every time for political profit" crapola. I know liberals don't go in for information, but here goes: 6 hours ago, tiamat63 said: Speaking of budgets... ..... this is pathetic. https://www.nytimes.com/2019/03/27/us/politics/betsy-devos-special-olympics.html In her statement on Wednesday, Ms. DeVos said that her department had allocated millions of dollars for students with disabilities. “Make no mistake: we are focused every day on raising expectations and improving outcomes for infants and toddlers, children and youth with disabilities,” she said. But the Special Olympics is a private organization — not a federal program — that raises millions each year, according to her statement. “Given our current budget realities,” she said, “the federal government cannot fund every worthy program, particularly ones that enjoy robust support from private donations.”
Westside Steve Posted March 28, 2019 Report Posted March 28, 2019 44 minutes ago, tiamat63 said: Die without? What does that even mean? Come now you're not as dumb as Woody. A facetious reference to the cut in Special Olympics funding or any other program that could possibly suffer a decrease in funding that the opposition is going to, get ready for it, "die without." Hope this helps. WSS
Westside Steve Posted March 28, 2019 Report Posted March 28, 2019 https://www.careerbliss.com/special-olympics/salaries/coach-j/
MLD Woody Posted March 28, 2019 Report Posted March 28, 2019 It is a lot of typical Steve's wrapped into one. - Insinuating a "you guys" by tying posters to some kind of group - Putting words/beliefs into other posters' mouths - Hyperbole to make his side seem better
Westside Steve Posted March 28, 2019 Report Posted March 28, 2019 7 minutes ago, MLD Woody said: It is a lot of typical Steve's wrapped into one. - Insinuating a "you guys" by tying posters to some kind of group - Putting words/beliefs into other posters' mouths - Hyperbole to make his side seem better It was only the two of you that weren't able to understand what I said about the hand-wringing over the Special Olympics budget cut. Since it was only you two what is improper about using the term you guys in the situation? And why would it be improper to say you guys if it was actually you guys who were hyperventilating over that particular budget cut? Oh wait I understand now. It's typical Woody which is whining about every fucking thing he hears. Okay got it. If Tia wants to join you on this one fair enough. WSS
tiamat63 Posted March 28, 2019 Report Posted March 28, 2019 7 hours ago, Westside Steve said: Come now you're not as dumb as Woody. A facetious reference to the cut in Special Olympics funding or any other program that could possibly suffer a decrease in funding that the opposition is going to, get ready for it, "die without." Hope this helps. WSS So because I have a fundamental issues with the targeting of a wonderful program, I am hyperventilating and going to 'die without it'...? Quite the ad hominem.
Westside Steve Posted March 28, 2019 Report Posted March 28, 2019 20 minutes ago, tiamat63 said: So because I have a fundamental issues with the targeting of a wonderful program, I am hyperventilating and going to 'die without it'...? Quite the ad hominem. Not necessarily but you were puzzled my my reference. I think I cleared that up and I'm surprised that you didn't understand. I'm not surprised that Woody pitched a bitch that I use the term you guys because it was in fact you two. I have no real problem with the Special Olympics but it's a private institution after all and it pays its employees a great deal of money whether or not it's nonprofit. I have no concern whatsoever if you disagree on federal funding for it. Just that you should have understood my reference. As simple as that. WSS
tiamat63 Posted March 28, 2019 Report Posted March 28, 2019 1 hour ago, Westside Steve said: Not necessarily but you were puzzled my my reference. I think I cleared that up and I'm surprised that you didn't understand. I'm not surprised that Woody pitched a bitch that I use the term you guys because it was in fact you two. I have no real problem with the Special Olympics but it's a private institution after all and it pays its employees a great deal of money whether or not it's nonprofit. I have no concern whatsoever if you disagree on federal funding for it. Just that you should have understood my reference. As simple as that. WSS I understood the reference plenty well. It was just incredibly unwarranted, I was clarifying the need for the alarmist language. If you want to treat Woody with the kid glove adjectives, you're welcomed to. I'd appreciate they avoid me.
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