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I thought we elected a business man
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PV=nRT



Joined: 14 Jun 2012
Posts: 3941

PostPosted: Fri Aug 10, 2018 6:45 pm    Post subject: I thought we elected a business man Reply with quote

https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.
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NeverTrustAMidget



Joined: 06 Oct 2007
Posts: 13621

PostPosted: Fri Aug 10, 2018 8:11 pm    Post subject: Re: I thought we elected a business man Reply with quote

PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.
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PV=nRT



Joined: 14 Jun 2012
Posts: 3941

PostPosted: Sat Aug 11, 2018 10:37 am    Post subject: Re: I thought we elected a business man Reply with quote

NeverTrustAMidget wrote:
PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.


Trump signed it, did he not? This "business man" has cut revenue and increased spending, and now we have an exploding deficit and ever increasing national debt. And he's doing this with a good economy. At least when Slick Willie had a good economy, we managed to get a surplus. So, why is this "business" man sucking at our nations finances? You guys said he could get this under control.
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Excavator



Joined: 22 May 2012
Posts: 3203
Location: Benton, Arkansas

PostPosted: Sat Aug 11, 2018 10:51 am    Post subject: Re: I thought we elected a business man Reply with quote

PV=nRT wrote:
NeverTrustAMidget wrote:
PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.


Trump signed it, did he not? This "business man" has cut revenue and increased spending, and now we have an exploding deficit and ever increasing national debt. And he's doing this with a good economy. At least when Slick Willie had a good economy, we managed to get a surplus. So, why is this "business" man sucking at our nations finances? You guys said he could get this under control.


Not in less than 2 years, dumba$$. Bush and Obama spent 16 years spending like drunk sailors, and giving this country away. So, since you libtards like big government, and socialistic spending, STFU. Watch what happens over the next few years...

Clinton was forced into the balanced budget by republicans lead by Newt Gingrich.
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PV=nRT



Joined: 14 Jun 2012
Posts: 3941

PostPosted: Sat Aug 11, 2018 11:51 am    Post subject: Re: I thought we elected a business man Reply with quote

Excavator wrote:
PV=nRT wrote:
NeverTrustAMidget wrote:
PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.


Trump signed it, did he not? This "business man" has cut revenue and increased spending, and now we have an exploding deficit and ever increasing national debt. And he's doing this with a good economy. At least when Slick Willie had a good economy, we managed to get a surplus. So, why is this "business" man sucking at our nations finances? You guys said he could get this under control.


Not in less than 2 years, dumba$$. Bush and Obama spent 16 years spending like drunk sailors, and giving this country away. So, since you libtards like big government, and socialistic spending, STFU. Watch what happens over the next few years...

Clinton was forced into the balanced budget by republicans lead by Newt Gingrich.


We are trending in the wrong direction. There are no indicators that show things turning around. That's what happens when you cut revenue AND increase spending. And as I've already stated, Trump has the benefit of a good economy that is at the top of the business cycle. Obama and Bush did not have that luxury. Bill Clinton did, and we ran a surplus. Why is Trump failing so badly at this?
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PV=nRT



Joined: 14 Jun 2012
Posts: 3941

PostPosted: Sat Aug 11, 2018 3:46 pm    Post subject: Reply with quote

Excavator wrote:
Socialism works fine....until you run out of other people's money. When the money is gone...the money is gone, just that simple.

No matter what we will all suffer to get out of the 16T in debt. Mostly my 3 grandchildren.

Hey, we can always print more money. Embarassed


So much irony.
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NeverTrustAMidget



Joined: 06 Oct 2007
Posts: 13621

PostPosted: Sat Aug 11, 2018 5:07 pm    Post subject: Re: I thought we elected a business man Reply with quote

PV=nRT wrote:
NeverTrustAMidget wrote:
PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.


Trump signed it, did he not? This "business man" has cut revenue and increased spending, and now we have an exploding deficit and ever increasing national debt. And he's doing this with a good economy. At least when Slick Willie had a good economy, we managed to get a surplus. So, why is this "business" man sucking at our nations finances? You guys said he could get this under control.


The economy had already recovered BEFORE ELECTION DAY when slick willie was elected. The economy was once again growing rapidly when Clinton took the oath of office. After a correction.

Then slick willie endangered the economy of the free world by fudging the books. Refinancing the National Debt with 6 year lower rate bonds instead of usual 30 year bonds. If the economy had not of slowed by the time the bonds matured the debt would have skyrocketed.
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Porkchop



Joined: 14 Oct 2005
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PostPosted: Sat Aug 11, 2018 5:47 pm    Post subject: Re: I thought we elected a business man Reply with quote

NeverTrustAMidget wrote:
PV=nRT wrote:
NeverTrustAMidget wrote:
PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.


Trump signed it, did he not? This "business man" has cut revenue and increased spending, and now we have an exploding deficit and ever increasing national debt. And he's doing this with a good economy. At least when Slick Willie had a good economy, we managed to get a surplus. So, why is this "business" man sucking at our nations finances? You guys said he could get this under control.


The economy had already recovered BEFORE ELECTION DAY when D. Trump was elected. The economy was once again growing rapidly when Trump took the oath of office.

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PV=nRT



Joined: 14 Jun 2012
Posts: 3941

PostPosted: Sat Aug 11, 2018 6:20 pm    Post subject: Re: I thought we elected a business man Reply with quote

NeverTrustAMidget wrote:
PV=nRT wrote:
NeverTrustAMidget wrote:
PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.


Trump signed it, did he not? This "business man" has cut revenue and increased spending, and now we have an exploding deficit and ever increasing national debt. And he's doing this with a good economy. At least when Slick Willie had a good economy, we managed to get a surplus. So, why is this "business" man sucking at our nations finances? You guys said he could get this under control.


The economy had already recovered BEFORE ELECTION DAY when slick willie was elected. The economy was once again growing rapidly when Clinton took the oath of office. After a correction.

Then slick willie endangered the economy of the free world by fudging the books. Refinancing the National Debt with 6 year lower rate bonds instead of usual 30 year bonds. If the economy had not of slowed by the time the bonds matured the debt would have skyrocketed.


Why is the "business man" sucking so bad with our nation's finances? He has a good economy, so why is the deficit INCREASING and getting close to 1 trillion/yr?
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JamieHall



Joined: 11 Dec 2005
Posts: 4488
Location: Nashville, TN

PostPosted: Sat Aug 11, 2018 7:23 pm    Post subject: Reply with quote

Just wait until the tariffs really start to take hold. Farmers are about to turn on Trump, and so are companies that buy steel because their prices are going up.

Trump can barely run his own companies, and he has no clue how to run a country. The entire world is seeing that now.
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Excavator



Joined: 22 May 2012
Posts: 3203
Location: Benton, Arkansas

PostPosted: Sun Aug 12, 2018 11:32 am    Post subject: Reply with quote

PV=nRT wrote:
Excavator wrote:
Socialism works fine....until you run out of other people's money. When the money is gone...the money is gone, just that simple.

No matter what we will all suffer to get out of the 16T in debt. Mostly my 3 grandchildren.

Hey, we can always print more money. Embarassed


So much irony.


Ya smarta$$. I already stated that if the debt is not gotten under control, or if it does not start to come down by the end of Trump's first term, I will support another conservative. With that said, I am 100% satisfied with the job the president has done to this point. Get it this time? No irony whatsoever, bud.

Ask me again, and I will tell you the same. AGAIN.
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PV=nRT



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PostPosted: Sun Aug 12, 2018 7:45 pm    Post subject: Reply with quote

Come on Trumpkins, explain yourselves

https://www.express.co.uk/news/world/1002281/US-deficit-Trump-one-trillion-five-years

Quote:
In July alone, the deficit was an eye-watering $76.9 billion according to the Federal Government, due to high military spending.

This is not unusual for the time of year as there have only been two years out of the last 64 where there wasnít a deficit in July.

Trumpís tax cuts to the wealthy and big corporations have also faced some of the blame for the rising deficit with less government income.

The White House has now predicted the annual deficit will go beyond the one trillion dollar mark for the first time since 2013.

In the first ten months of the 2018 fiscal year, the deficit increased by almost 21 percent on the same period for the previous year as it reached $684 billion.

According to Cnbc.com, the rise can be heavily attributed to the tax revisions introduced by Trump in December 2017.

The changes in the taxation system have resulted in big reductions as large corporations are paying less tax.
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JamieHall



Joined: 11 Dec 2005
Posts: 4488
Location: Nashville, TN

PostPosted: Mon Aug 13, 2018 7:47 am    Post subject: Re: I thought we elected a business man Reply with quote

PV=nRT wrote:
Why is the "business man" sucking so bad with our nation's finances? He has a good economy, so why is the deficit INCREASING and getting close to 1 trillion/yr?


This president has no concept of managing money.

He's sending $22 billion to farmers in a welfare bailout because of damage from his own tariffs.

He's spending millions to reunite families separated at the border because of his own policy.

He's spending close to $15 million on a parade in November is a pretty good indicator of this president's fiscal responsibility.

He's cost taxpayers millions of dollars because of his record number of golf vacations that he swore he would never take.

And we don't even know how much his mystery Space Force is going to cost, because we don't even know yet what it's going to do.
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Keith Stone



Joined: 24 Dec 2010
Posts: 133

PostPosted: Mon Aug 13, 2018 1:17 pm    Post subject: Reply with quote

Quote:
This president has no concept of managing money


I would say this is incorrect......the man is worth somewhere in the range of 9 billion dollars.....so he must be pretty good at managing money.

Quote:
He's sending $22 billion to farmers in a welfare bailout because of damage from his own tariffs.


Time will tell on this one......part of the ACA was to subsidize insurance companies so they would participate and wouldn't lose money.....just an observation.


Quote:
He's spending millions to reunite families separated at the border because of his own policy.


This is definitely untrue.....the policy of separating families has been in place for some time, well before he came into office. The only difference is he is enforcing the law.

Quote:
He's spending close to $15 million on a parade in November is a pretty good indicator of this president's fiscal responsibility.


If you are referring to the military parade.....I would ask you to consider this, the Military gets paid regardless if they are training, in a combat zone or at a parade. This is money that is already built in......I will say this, Personnel cost are not the only expense.....things like beefed up security and other infrastructure plans will cost money, but I didn't have a problem when one of the Air Force One planes flew over New York City for a photo shoot during President Obama's Administration.


Quote:
He's cost taxpayers millions of dollars because of his record number of golf vacations that he swore he would never take.


I don't know that I ever heard him say he would never take a vacation......but even when he is vacationing, he's really working because he has to answer questions from media types that don't have Americas best interest in mind.....
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NeverTrustAMidget



Joined: 06 Oct 2007
Posts: 13621

PostPosted: Mon Aug 13, 2018 9:35 pm    Post subject: Re: I thought we elected a business man Reply with quote

PV=nRT wrote:
Excavator wrote:
PV=nRT wrote:
NeverTrustAMidget wrote:
PV=nRT wrote:
https://www.marketwatch.com/story/federal-budget-deficit-increases-79-in-july-2018-08-10?siteid=bnbh


midge - "Them taxcuts are paying for themselves"

Tilley88 - "Cuts are a coming"


LOL. What happened guys? explain.


"spending boosts approved by lawmakers earlier this year."

Like that $1.3 trillion 2,232 page omnibus bill in March

CBO estimates are based on the static economy business model. Deficit spending is still 25% less than Obama's average.


Trump signed it, did he not? This "business man" has cut revenue and increased spending, and now we have an exploding deficit and ever increasing national debt. And he's doing this with a good economy. At least when Slick Willie had a good economy, we managed to get a surplus. So, why is this "business" man sucking at our nations finances? You guys said he could get this under control.


Not in less than 2 years, dumba$$. Bush and Obama spent 16 years spending like drunk sailors, and giving this country away. So, since you libtards like big government, and socialistic spending, STFU. Watch what happens over the next few years...

Clinton was forced into the balanced budget by republicans lead by Newt Gingrich.


We are trending in the wrong direction. There are no indicators that show things turning around. That's what happens when you cut revenue AND increase spending. And as I've already stated, Trump has the benefit of a good economy that is at the top of the business cycle. Obama and Bush did not have that luxury. Bill Clinton did, and we ran a surplus. Why is Trump failing so badly at this?


The eight years of Obama saw an average budget deficit of $1.2 TRILLION each year. Even with the omnibus spending bill earlier this year the average budget deficit has fallen to $900,000 billion a year. So in your mind a 25% DECREASE in the rate of debt growth is the wrong direction.
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