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Biggest year over year deficit in 6 years

Posted on: October 16, 2018 at 08:20:37 CT
MrBlueSky MU
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Strong economy, tax cuts, blah blah blah.

Increased spending, lower revenues. But hey, the military got more toys and their pay increases at least.

http://fortune.com/2018/10/16/2018-federal-deficit-highest-since-2012/

Edited by MrBlueSky at 08:23:37 on 10/16/18
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Biggest year over year deficit in 6 years - MrBlueSky MU - 10/16 08:20:37
     Lol. (nm) - DollarSigns MU - 10/16 09:52:43
     Record tax revenues. nm. - MUTGR MU - 10/16 09:40:19
          Lol. Is that true? - ummmm MU - 10/16 09:46:21
               Only from a overly simplistic view... - tigerdb MU - 10/16 10:57:03
               Fewer unemployed people... - MrBlueSky MU - 10/16 09:49:58
                    Gotta figure out a way to steal more from the corps then. (nm) - ummmm MU - 10/16 10:03:28
                         Corporate tax cuts were needed - MrBlueSky MU - 10/16 10:05:31
     it's all spending. deficit doesn't imply the other economic - 90Tiger STL - 10/16 08:52:54
          It's because we cut our own revenue. Nm - SparkyStalcup MU - 10/16 09:09:28
               Link? (nm) - DoltfromSTL MU - 10/16 09:36:15
               Our revenue? - ummmm MU - 10/16 09:34:26
                    Lol. Liberals think the gov't is "them" . It is their church - hefeweizen MU - 10/16 09:36:17
                    sparky thinks of himself as a borg-like entitity (nm) - 90Tiger STL - 10/16 09:35:42
                         It's sad how well connected govt and big business elites - ummmm MU - 10/16 09:37:24
                              below is telling you without gvmt we couldn't have kids. - 90Tiger STL - 10/16 09:39:03
                                   Lol. THE STRAWMAN EXPERT EVERYONE - MrBlueSky MU - 10/16 09:39:34
                                        No, but you are very easily impressed. - ummmm MU - 10/16 09:44:04
                    Lol (nm) - MrBlueSky MU - 10/16 09:35:06
               keep clinging! (nm) - 90Tiger STL - 10/16 09:34:08
               Please provide data (nm) - Sal KC - 10/16 09:34:01
               that's not how any of this works(nm) - MizzouAstro MU - 10/16 09:32:24
               Utterly and completely wrong - FootballRefugee MU - 10/16 09:24:22
               Stop posting already, you're wrong and you lost - Calca STL - 10/16 09:13:55
          And lost revenues, of course (nm) - MrBlueSky MU - 10/16 09:06:23
     Too much spending, as always. (nm) - ummmm MU - 10/16 08:38:45
          yep (nm) - Sal KC - 10/16 09:25:12
          Yeah, what could $1.5 trillion tax cut have to do w/it?(nm) - raskolnikov MU - 10/16 08:49:59
               Nothing, you dishonest pos partisan hack. The cuts did - hefeweizen MU - 10/16 08:55:48
                    3.20% return on investment for the year, zero real wage - catbirdseat MU - 10/16 09:35:19
                         False and you are the worst poster in TB history(nm) - hefeweizen MU - 10/16 09:37:35
                              DENY !!, Attack !!, what a trumpette Hefe is. (nm) - raskolnikov MU - 10/16 10:46:51
                              Those are the actual numbers as of 3 minutes ago. Sorry - catbirdseat MU - 10/16 09:39:20
                    No. The cuts did not do that - raskolnikov MU - 10/16 09:14:19
                         that "growth" ran it's course already. - catbirdseat MU - 10/16 09:36:29
                              Not at all, obviously(nm) - raskolnikov MU - 10/16 10:00:34
                              keep clinging! (nm) - 90Tiger STL - 10/16 09:37:34
                         keep clinging! (nm) - 90Tiger STL - 10/16 09:34:31
                         Exactly what a dishonest pos partisan hack would say.(nm) - hefeweizen MU - 10/16 09:31:38
                         lmfao you are dumb as hell (nm) - Sal KC - 10/16 09:25:42
                    Pretty sad - meatiger MU - 10/16 09:11:47
                         there are no fiscal conservatives on either "side", meat. - 90Tiger STL - 10/16 09:35:14
                              They "advocate" - meatiger MU - 10/16 09:57:48
                    Deficit = Revenue - spending. Nm - SparkyStalcup MU - 10/16 09:10:12
                         Nation needs to pay its bills - raskolnikov MU - 10/16 09:25:55
                              And that starts by slashing spending and wasteful programs - FootballRefugee MU - 10/16 09:28:53
                                   Been over this many times - raskolnikov MU - 10/16 10:03:59
               Nothing. The $1.5 trillion theft relief has zero impact - ummmm MU - 10/16 08:54:26
                    Theft relief! - MrBlueSky MU - 10/16 09:11:11
                         It's an accurate one. (nm) - ummmm MU - 10/16 09:26:59
                              Have any kids? - MrBlueSky MU - 10/16 09:36:59
                                   Oh lord. You act like I don't pay a boatload of - ummmm MU - 10/16 09:38:21
                                        I could go on - MrBlueSky MU - 10/16 09:44:37
                                             Then don't act like I'm getting this amazing deal. (nm) - ummmm MU - 10/16 09:52:38
                                                  I suppose you think you could make a better deal - MrBlueSky MU - 10/16 10:18:57
                    It did raise the deficit, clearly. Nm - SparkyStalcup MU - 10/16 09:10:46
                         There was a time when there were no income taxes - ummmm MU - 10/16 09:27:44
               Need to cut a bunch of your social programs and cut - TheWildcat STL - 10/16 08:53:34
     Too much spending primarily on - Ferg STL - 10/16 08:38:05
          welfare doesn't exist. You know that? - catbirdseat MU - 10/16 09:38:31
               good god - Ferg STL - 10/16 09:45:42
          And military (nm) - TheWildcat STL - 10/16 08:50:06
          RE: Too much spending primarily on - None**** MU - 10/16 08:47:02
          LOL - meatiger MU - 10/16 08:44:58
               What programs do I want to protect? - Ferg STL - 10/16 08:47:10
                    RE: What programs do I want to protect? - meatiger MU - 10/16 08:50:40
                         biggest part of budget? - 90Tiger STL - 10/16 08:53:27
                              RE: biggest part of budget? - meatiger MU - 10/16 08:58:36
                                   within what? lol (nm) - 90Tiger STL - 10/16 09:03:59
                                        There are "social security/medicare taxes", with inflows - tigerdb MU - 10/16 09:29:22
                                             my GOP? lol, dear god no (nm) - 90Tiger STL - 10/16 09:38:29
                         Defense is less than 20% of spending - Ferg STL - 10/16 08:52:29
                              RE: Defense is less than 20% of spending - meatiger MU - 10/16 08:54:05
                              Is there a reason why the defense budget has to be - playhard NWMSU - 10/16 08:53:43
                                   No. But based on historical levels as a % of GDP - Ferg STL - 10/16 09:02:41
                                        Who cares about % of GDP - meatiger MU - 10/16 09:12:57
                                        That's because the largest age cohort in the USA is - MrBlueSky MU - 10/16 09:07:28
                                        Blame the baby boomers, there's a lot of them and - playhard NWMSU - 10/16 09:06:23
                                             As a small first step how about - Ferg STL - 10/16 09:12:07
                                                  Make it 70 - MrBlueSky MU - 10/16 09:14:00
                                                       I’m good with that - Ferg STL - 10/16 09:14:55
                                                            Are you including ALL public sector retirement - MrBlueSky MU - 10/16 09:25:18
                                                                 I'm saying all public sector retirement plans - Ferg STL - 10/16 09:47:45
                                                                      meh, you're wrong again... - tigerdb MU - 10/16 10:00:03
                                             The answer to that is I don't know. It should have never - TheWildcat STL - 10/16 09:09:27
                                                  I would take it back on even money - meatiger MU - 10/16 09:14:47
                                                  Hard to cut things that people have paid into their entire - MrBlueSky MU - 10/16 09:10:49
                                                       cut OAS and gut DI (nm) - SwampTiger MU - 10/16 09:14:59
                              Less than 20% of $4.5 trillion - ummmm MU - 10/16 08:53:40
                                   no question (nm) - 90Tiger STL - 10/16 09:04:25
                    Maybe start with Social Security?(nm) - playhard NWMSU - 10/16 08:48:01
                         SS is public sector retirement and - Ferg STL - 10/16 08:50:00
                              Addressed as in cut? How much pork do you think - playhard NWMSU - 10/16 08:52:36
                         He did say "welfare" (nm) - ummmm MU - 10/16 08:49:26
                    Military spending is what you want to protect. - MrBlueSky MU - 10/16 08:47:43
                         Where did I say that? - Ferg STL - 10/16 08:50:47
                              You said welfare, SS, and public sector retirement - MrBlueSky MU - 10/16 08:53:33
                              RE: Where did I say that? - meatiger MU - 10/16 08:52:43
                                   That’s where the growth has come from. Im - Ferg STL - 10/16 08:58:04
                                        RE: That’s where the growth has come from. Im - meatiger MU - 10/16 08:59:25
          How long before you all want $1 trillion...with a T - playhard NWMSU - 10/16 08:42:47
               I’d prefer less spending on defense. However - Ferg STL - 10/16 08:45:57
     I think household debt is going to be a big issue - playhard NWMSU - 10/16 08:37:28
          RE: I think Warren's fall from prominence in the - None**** MU - 10/16 08:41:22
               The only shame is she didn't do this closer to 2020 (nm) - TheWildcat STL - 10/16 08:44:07
     Yep, my only real complaint with Trump. He is certainly - TheWildcat STL - 10/16 08:30:05
          It's real pathetic that "owning the libs" has become - MrBlueSky MU - 10/16 08:43:38
               Then wise up and stop letting TheClown own you(nm) - hefeweizen MU - 10/16 08:57:13
                    It's time that you admit that he's not the clown you think - TheWildcat STL - 10/16 09:03:30
                         He is TheClown and will always be. Has he done enough - hefeweizen MU - 10/16 09:33:33
               it's just an incredibly enjoyable side benefit. (nm) - 90Tiger STL - 10/16 08:54:54
               RE: Pathetic that Dems continue to offer themselves up for - None**** MU - 10/16 08:48:10
               Oh he has done a ton of great things. I never believed - TheWildcat STL - 10/16 08:44:44
          What a shock - meatiger MU - 10/16 08:43:37
     I saw you changed that. - Newcatbirdseat MU - 10/16 08:27:05
     Strong economies shouldnt run huge deficits nm - SparkyStalcup MU - 10/16 08:26:14
          lol (nm) - 90Tiger STL - 10/16 08:55:33
          "the economy" doesn't do anything - MizzouAstro MU - 10/16 08:41:19
          The economy is not running a deficit. (nm) - ummmm MU - 10/16 08:38:26
          Trump is having to spend a great deal of money to fix... - DoltfromSTL MU - 10/16 08:35:21
               "robbed the military" - meatiger MU - 10/16 08:45:51
                    Link? (nm) - DoltfromSTL MU - 10/16 09:37:39
          Yeah, Barry never had a strong economy - FootballRefugee MU - 10/16 08:28:04
               And Obama never ran a deficit this large when he - SparkyStalcup MU - 10/16 08:31:05
                    Huh? When did he have a strong economy? - DoltfromSTL MU - 10/16 08:33:05
                         Apparently you can. Nm - SparkyStalcup MU - 10/16 08:34:30
                    Obama added more to the deficit than any Pres in history (nm) - TheWildcat STL - 10/16 08:32:53
                         Again debt and deficit are different things. - MrBlueSky MU - 10/16 08:46:44
                              Lol NO **** BLUE SKY?! (nm) - TheWildcat STL - 10/16 08:49:06
                         Obama cut the deficit by roughly 70%. Trump has doubled - SparkyStalcup MU - 10/16 08:35:29
                              Uhhh, when he left office there was 20 trillion. When he got - TheWildcat STL - 10/16 08:40:28
                                   Debt and deficit are two different things. - MrBlueSky MU - 10/16 08:44:45
                                        Obama added more to the debt than any president - TheWildcat STL - 10/16 08:48:22
                                             Year over year deficits peaked for Obama in 2012 - MrBlueSky MU - 10/16 08:52:00
                                                  That forgives nothing (nm) - TheWildcat STL - 10/16 08:52:33
                              Link? (nm) - DoltfromSTL MU - 10/16 08:36:37
                         Combined I believe(nm) - tman MU - 10/16 08:34:30




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