U.S. Budget Deficit Already Exceeds Last Year’s Total Figure

Dec 2014
16,778
6,021
The Milky Way
#11
A) Like it needs to be explained over and over that Obama inherited a terrible recession. ...

LOL

As predicted you dance around the matter. The recession was over summer 2009. Øbama doubled the national debt in his eight dreadful years and you never gave a damn The only reason you care now is TDS Fueled© hate.
 
Dec 2014
16,778
6,021
The Milky Way
#12
The budget deficit would unquestionably be better, had Hillary Clinton been elected. I know of NO serious budget analyst who would disagree with that. You can check with the Committee for a Responsible Federal Budget, for example. Indeed, she was the only candidate in 2016, from either party, who had a remotely sensible fiscal plan. And I can say that even though I was no big fan of Hillary Clinton. Shrug.

LOL

The Congress would be spending at least as much, and the economy under Hillary or any of the Dims would be lousy. And China would be enjoying things unlike now. Now someone takes China on and they are feeling it bigly.
 

HayJenn

Moderator
Jul 2014
69,278
59,016
CA
#14
The chances of a recession in the next year have risen to about a third, in large part because of President Trump's trade war, according to a Bank of America analysis.

“Our official model has the probability of a recession over the next 12 months only pegged at about 20 percent, but our subjective call based on the slew of data and events leads us to believe it is closer to a 1-in-3 chance,” Bank of America wrote in a Friday analysis.

"Our model likely does not fully capture the threat of US-China trade tensions spiraling into a more severe trade war, which we view as the biggest downside risk for the US economy," the note said.

Trump's trade war with China ramped up in recent weeks, as Trump threatened to impose new 10 percent tariffs on $300 billion of Chinese imports, and China retaliated by weakening its currency and further cutting off purchases of U.S. agriculture.

Bank of America says risk of recession next year is 1 in 3
 
Likes: BigLeRoy
Jul 2014
140
370
Sol 3
#15
McConnell told Trump that no one ever lost an election by spending money.

They are Republicans, right?

And who are these guys defending them? Conservatives?

Through the looking glass ...
 
Jul 2014
140
370
Sol 3
#16
I remember when Trump signed his first spending bill, all the huffing and puffing about how he was never ever ever going to sign another bill like this yada yada yada.

Such pure bullshit!! And yet they line up to defend his sorry pathetic lying ass.
 
Dec 2014
16,778
6,021
The Milky Way
#17
The irony of using TDS, when it's obvious you have ODS.

LOL

You said nothing while Øbama doubled the national debt in eight years. That is fact, and the recession ended summer 2009. And now you want people to believe that you care about the deficit because ...
 
Dec 2014
16,778
6,021
The Milky Way
#18
Trade war? You mean unlike Clinton, Bush, and Øbama the current President, Donald Trump, will not surrender or roll over and continue to allow the ChiComms to steal, cheat, and run-up massive trade surpluses, all to aid their military domination plans. Yeah, the left sides with the ChiComms.

Then we had the irresponsible Federal Reserve raise rates 7-times after Trump was elected.
 
Jul 2014
38,286
10,117
midwest
#19
LOL

You said nothing while Øbama doubled the national debt in eight years. That is fact, and the recession ended summer 2009. And now you want people to believe that you care about the deficit because ...
Because a Republican is in the White House.

If/when a Dem gets in they will not worry about the deficits and national debt.
 
Likes: excalibur

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