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Thread: Trump's budget: Oceans of red ink

  1. #121
    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by HayJenn View Post
    Nope, two very different things

    Again

    Deficit=one year.

    Debt=all money owed.

    Meaning even if the deficits get smaller the debt just keeps on growing.
    that is what I said. But then again you call Southerners Stupid... while you apparently cannot understand what you read.

    Originally Posted by TNVolunteer73
    Deficit is debt.. the annual debt.. the national debt is the grand total of all the deficits - the Surpluses

    And once again TRUMP is PRESIDENT he cannot create one penny of Deficit or Debt.
    Last edited by TNVolunteer73; 13th February 2018 at 05:55 PM.

  2. #122
    Moderator HayJenn's Avatar
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    Quote Originally Posted by TNVolunteer73 View Post
    that is what I said. But then again you call Southerners Stupid... while you apparently cannot understand what you read.




    And once again TRUMP is PRESIDENT he cannot create one penny of Deficit or Debt.
    Mmm, he sure can make a mountain of debt.

    So yeah, that comment makes no sense.

  3. #123
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    Quote Originally Posted by HayJenn View Post
    Nope, two very different things

    Again

    Deficit=one year.

    Debt=all money owed.

    Meaning even if the deficits get smaller the debt just keeps on growing.
    The problem is that the Federal Government doesn't probably account for the annual deficit.

    That's why Clinton claimed he had budget surpluses, but the debt went up every year he was in office. If he truly had a surplus one year, the debt would have went down by the same amount, right?

    Look a 2016. Obama claimed the deficit was $500 billion, but the debt went up $1,400 billion.

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