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  • #21
    So we were running deficits before, and are still running them now.

    And they are growing despite revenues being up under Trump.

    Where does that tell you the problem lies......

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    • #22
      Also, there was a huge spike from 2015 to 2016.

      Both Obama years.

      Care to explain how that happened?

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      • #23
        Originally posted by Scipio2009 View Post
        Asia is turning inward and starting to look to China, Europe is trying to look inward and focus on Europe. Africa loves the American ideal and appreciate the aid that makes it to the country, but you can't point to a single major infrastructure project on the continent that's not being done with massive Chinese investment.

        America is the world's largest market, that's for sure. Still the EU, as a single market is about as big as the American market is. The vast majority of the trade that the country does is with Mexico and Canada.

        The deficit was down to $500b-$400b for Obama's last three years, working it's way down from the crisis.

        Trump's first budget deficit was over $650b, with his second year budget deficit already on track to head over $1T, in an environment where the US is basically approaching full employment.

        Bury your head in the sand if you want
        Another damn good post.

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        • #24
          Originally posted by 1bad65 View Post
          So we were running deficits before, and are still running them now.

          And they are growing despite revenues being up under Trump.

          Where does that tell you the problem lies......
          $666b the first Trump year, at least $800b for year 2 (who knows how much less money folks will make due to the tariff nonsense that's drastically impacting farmers and exporters), and the current projection from the CBO has the deficits breaking $1T again (with no real catalyst to bring it down, and the normalization of rates and the likelihood of a recession set to make things markedly worse). lol

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          • #25
            Originally posted by Scipio2009 View Post
            $666b the first Trump year, at least $800b for year 2 (who knows how much less money folks will make due to the tariff nonsense that's drastically impacting farmers and exporters), and the current projection from the CBO has the deficits breaking $1T again (with no real catalyst to bring it down, and the normalization of rates and the likelihood of a recession set to make things markedly worse). lol
            Address the rest, please.

            Especially the causes of the deficits, and the rising of them from 2015 to 2016.

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            • #26
              Originally posted by 1bad65 View Post
              Address the rest, please.

              Especially the causes of the deficits, and the rising of them from 2015 to 2016.
              Who knows, could look and dig into that, but it's clear that you don't actually want an answer, lol.

              $666b in Trump Yr 1, at least $800b in Trump Yr 2, with projections to be over $1T in year 3 and year 4 and beyond. And that's before you figure the increase in spending for financing the deficit as the Fed raises rates, the chance that a recession becomes an actuality, or the fact that American businesses that sell goods/services to the rest of the world (or purchase various inputs from outside of the country) will continue to get ****ed as governments refuse to engage with Trump on nonsense that runs counter to how the world has been pushed for the last 30 years. lol

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              • #27
                Originally posted by Scipio2009 View Post
                Who knows, could look and dig into that, but it's clear that you don't actually want an answer, lol.

                $666b in Trump Yr 1, at least $800b in Trump Yr 2, with projections to be over $1T in year 3 and year 4 and beyond. And that's before you figure the increase in spending for financing the deficit as the Fed raises rates, the chance that a recession becomes an actuality, or the fact that American businesses that sell goods/services to the rest of the world (or purchase various inputs from outside of the country) will continue to get ****ed as governments refuse to engage with Trump on nonsense that runs counter to how the world has been pushed for the last 30 years. lol
                Imagine being a foreign government (say China) being asked to buy US government debt atm

                “Increase the yield or **** off” would be my response

                Comment


                • #28
                  Originally posted by Don Pichardo View Post
                  The US has always been great.
                  • Some sort of mass shooting at least once a week
                  • Parents allowing children to undergo sex changes/refusing to teach their kids about gender
                  • Job losses going increasingly higher
                  • Liberal judges violating a baker's rights to refuse business when targeted by a gay couple
                  • Clerk getting attacked for not issuing licenses to a gay couple, a couple that refused to go to another county for service
                  • More press and uproar about the children of illegal immigrants than the many hundreds of thousands of kids who get taken from legal citizen criminals EVERY DAY
                  • A bunch of uproar about plastic straws, rather than fixing the real problem (you as an individual are NOT required to accept a straw)
                  • Some nutcase able to walk into one of the most well known hotels in the US fully strapped like it was the Apocalypse, not a lick of security screening, and gun down innocents like he was the DC Sniper
                  • Fat white women calling the cops on black people that aren't committing crimes, with no punishment for wasted tax money
                  • Obamacare that basically forced people with money to pay for the healthcare of broke people
                  • Nutcases like Ksharma Sawant triggering people to lobby for an unsustainable minimum wage despite the fact it won't make a dent and actually increases their tax liability
                  • California telling people to rip their lawns out despite farmers being the #1 water waster for silly things like cashews
                  • People attacking childhood mainstays like Sea World over isolated incidents and "captivity" yet they're got no problems going to zoos
                  • Internet basically shuts down for a day over a dead gorilla
                  • Media thinks that Kylie Kardashian's new hairstyle is breaking news
                  • Ford deciding to go all SUV in total disregard of fuel efficiency
                  • Companies demanding Bachelor's degrees for jobs that don't require it, then complaining they can't find skilled workers in the US and outsource to India
                  • Unregulated airlines having plane engines explode, FBI raiding over a broken radio, pilots board and rant about the President (she probably would have taken the plane down in depression), people getting beat and dragged off planes, etc
                  • Romaine lettuce sickening people nationwide, they still haven't fully contained it nor do they know how. They won't ban it until they get a handle on it
                  • Victimless crimes like paid sex between consenting adults yet a depressed 18 year old can easily walk in and buy guns
                  • Bill Cosby getting jail time for giving Quaaludes to girls (who accepted them at a time they were legal) 30 years ago yet false rape claims from women go unpunished


                  And that's just off the top of my head.

                  No, America was great back in the 70's, good back in the 80's, decent in the 90's, downhill from there.
                  Last edited by Combat Talk Radio; 07-12-2018, 02:57 AM.

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                  • #29
                    Originally posted by Scipio2009 View Post
                    Who knows, could look and dig into that, but it's clear that you don't actually want an answer, lol.
                    Who knows?!?!

                    Anyone who knows basic Economics knows!!

                    It's a simple question....if revenue is up and yet deficits are up too, how did that happen?

                    Any high school kid should know the simple answer.

                    Do you?

                    And yes, I want the answer. Hence me asking the question. Duh!!

                    Please, dont tell me I have to educate you on the most basic Economics concepts before we press on. Please tell me you know the answer.....

                    Comment


                    • #30
                      Originally posted by Tomjas View Post
                      Imagine being a foreign government (say China) being asked to buy US government debt atm

                      “Increase the yield or **** off” would be my response
                      It's honestly not that complicated on a general matter, tbh (a foreign government, say China, would have to have a credible alternative to put their money, say a Euro bond or the German 10Y, to make such a pick)

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