Federal Deficit @ $984 Billion. Highest in " 7 " years !!

Discussion in 'The Water Cooler' started by NewHampshire Black Bears, Oct 8, 2019.

  1. NewHampshire Black Bears

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    THANX......' Donny ' !!!
    (PS, the 1% ers, and the Mega-Corps are also Blowing Kisses your way) !!!

    But, got to give Credit where credits due. LOTS and LOTS of McDonalds and Walmart jobs out there !!
     
  2. KCFlyer

    KCFlyer Veteran

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    Interesting fact about the tax cuts - did you know that if you wanted to buy a new Gulfstream jet, you could in essence write off the entire amount as a deduction on your taxes. But the guy who drives the truck to deliver the parts to build that jet can no longer deduct their per diem...which means that for many of them, the tax cut actually resulted in a tax INCREASE for them. It is a perfect example of how SOMEBODY is paying for the tax cut.
     
  3. jimntx

    jimntx Veteran

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    Well, of course someone is paying for it. Did you think the government just printed new money with which to pay bills?:rolleyes:
     
  4. Anthony R Hopkins

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    Seriously? You're making that claim after Obama added more to the debt than all 43 Presidents before him combined?

    How precious.

    BTW whats also said in the news release, is that budget watchers note that the main drivers of the deficit are coming from automatic spending programs such as Social Security, Medicare and Medicaid.

    So go ahead and thread that needle with sheer idiocy as usual, all because "ORANGE MAN BAD."
     
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  5. KCFlyer

    KCFlyer Veteran

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    And Trump is on a pace to add the same amount as Obama...if he's reelected, look out. OR....is the strategy to prove just how great he is by running the already record debt up ANOTHER two trillion and THEN paying it off? YOu forgot one of the other main drivers of the deficit - a military that is larger than they next 8 countries combined needs to be grown to become larger than the next 9 or even 10 countries combined.

    So go ahead and tell us that $20 trillion in debt is somehow worse than $22 trillio. That is sheer idiocy as usual, all because "BLACK MAN BAD"/
     
  6. Anthony R Hopkins

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    Sing it from the roof tops!

     
  7. Dog Wonder

    Dog Wonder Veteran

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  8. KCFlyer

    KCFlyer Veteran

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    IF you owed money...which one of these would you consider worse

    A.) $20 trillion
    B.) $22 trillion

    Please no memes or videos....which one of those would you consider worse?
     
  9. Anthony R Hopkins

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    You should've just kept quite...

    [​IMG]
     
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  10. KCFlyer

    KCFlyer Veteran

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    That's not an answer. Let me rephrase the question...which is worse, $20 trillion in debt or $22 trillion in debt? Because I know Obama doubled the debt, and you all are willing to give the child in charge a pass until HE doubles it - but he's on a pace to EQUAL the amount that Obama - especially if he is reelected. Why do you give him a pass? Is it because BLACK MAN BAD???
     
  11. Anthony R Hopkins

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    Its amusing watching you dig yourself into a deeper hole.

    As always.
     
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  12. KCFlyer

    KCFlyer Veteran

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    Trump INCREASED the debt by $2 trillion and somehow I'm the one digging a deeper hole. For the record - you still haven't answered the question - which is worse $20 trillion or $22 trillion.

    I won't even factor in that this $2 trillion increase in spending and debt has occurred during the greatest economy in recorded human history.
     
  13. NewHampshire Black Bears

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    What, pray tell you, Imbecile, should we then do about SS and Medicare ??

    Maybe put it into a SAVINGS ACCT, subject to the whims of the Stock Market, or the 1% ROI that the GD Banks are paying ??
     
  14. Anthony R Hopkins

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    You're the Imbecile's who voted for "hope and change".

    All you got to show for it is another 10 Trillion in debt.
     
  15. KCFlyer

    KCFlyer Veteran

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    And you voted to drain the swamp and in less than 3 years you got ANOTHER 2 trillion in debt. In the greatest economy in the recorded history of man (so says our stable genius). All you really got to show for it is a (temporary) tax cut.
     

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