Current Topics
Is it too soon to be talking 2020?
by Greger
9 minutes 14 seconds ago
RoundTable for Summer 2020
by pondering_it_all
14 minutes 11 seconds ago
Coronavirus: The Plague of The 21st Century?
by pondering_it_all
29 minutes 50 seconds ago
Medications that might help against SARS-CoV-2
by pondering_it_all
Yesterday at 10:01 PM
Lists of Trump actions
by Greger
Yesterday at 04:38 AM
Portland. A Turning Point?
by jgw
08/09/20 06:54 PM
What happens if the election doesn't settle due to voting problems?
by pondering_it_all
08/05/20 12:13 AM
Normal Stuff
by pondering_it_all
08/03/20 10:07 PM
A possible solution to rental problems.
by Irked
08/01/20 12:21 AM
Ongoing Slavery
by jgw
07/31/20 05:06 PM
The Departed - 2020
by pondering_it_all
07/29/20 01:33 AM
Seattle had a Riot!
by jgw
07/28/20 06:17 PM
The Boogaloo Bois
by pondering_it_all
07/25/20 08:08 PM
Collections
by Greger
07/24/20 11:08 PM
There needs to be a ‘real reckoning’ for Trump’s abuses if Biden wins
by pondering_it_all
07/24/20 09:35 PM
Deranged Trump supporter suspected in murdering son of judge
by Greger
07/24/20 05:54 PM
What is the purpose of Capitalism?
by logtroll
07/24/20 12:07 PM
Chad Wolf
by pdx rick
07/24/20 03:54 AM
why cities won't be able to stop Trump's secret police
by jgw
07/23/20 07:06 PM
Fox News anchor shared fabricated tweet in attempt to smear AOC
by rporter314
07/22/20 03:11 AM
Forum Stats
6292 Members
60 Forums
16978 Topics
301806 Posts

Max Online: 294 @ 12/06/17 12:57 AM
Google Adsense
Page 13 of 13 < 1 2 ... 11 12 13
Topic Options
Rate This Topic
#320675 - 01/28/20 04:26 AM Re: US budget deficit hits $984 billion, highest in 7 years [Re: pdx rick]
CPWILL Offline
newbie

Registered: 12/26/19
Posts: 423
Originally Posted By: pdx rick
Originally Posted By: CPWILL
...I've only met a couple of anti-semitic right-wingers as well. As a trend, I'm aware of it being as ensconced on the left as it is on the right...

That line seems to the current Conservatives talking point.


:shrug: Sure. It is also a Left-wing talking point that Trump is a liar. People often find that factual claims make good ones.
_________________________
Winter Is Coming

Top
#320683 - 01/28/20 12:54 PM Re: US budget deficit hits $984 billion, highest in 7 years [Re: CPWILL]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 10282
Loc: One of the Mexicos
Originally Posted By: CPWILL
Originally Posted By: pdx rick
Originally Posted By: CPWILL
...I've only met a couple of anti-semitic right-wingers as well. As a trend, I'm aware of it being as ensconced on the left as it is on the right...

That line seems to the current Conservatives talking point.

:shrug: Sure. It is also a Left-wing talking point that Trump is a liar. People often find that factual claims make good ones.

Especially when there is ample evidence to support those claims.
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller

Top
#320796 - 01/30/20 01:05 PM Re: US budget deficit hits $984 billion, highest in 7 years [Re: CPWILL]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 10282
Loc: One of the Mexicos
Originally Posted By: CPWILL
Respectfully, that is not a fact. That is an assessment which depends upon assumptions, some of which may - or may not - be valid. An example of a fact would be the fact that Revenues went up, even as the Deficit did.

Respectfully, that is not a fact. Revenues did not increase. They decreased, in spite of the new revenues from tariffs.

Quote:
A common misleading claim this fall has been that tax revenues have increased, even with the large tax cuts enacted last year. While it is technically true that fiscal year (FY) 2018 nominal revenue is higher than FY 2017 nominal revenue, revenue has fallen by more meaningful metrics. It has fallen in nominal dollars when comparing tax year to tax year and has fallen in real dollars and as a share of GDP under any scenario. Focusing specifically on revenues raised under the new tax code, revenue has declined by between 3.5 and 8 percent.

CRFB
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller

Top
#320797 - 01/30/20 01:08 PM Re: US budget deficit hits $984 billion, highest in 7 years [Re: logtroll]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 10282
Loc: One of the Mexicos
PS - this thread is about the deficit, not anti-semitism. nono

smile
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller

Top
#320800 - 01/30/20 06:54 PM Re: US budget deficit hits $984 billion, highest in 7 years [Re: logtroll]
Greger Online   content


Carpal Tunnel

Registered: 11/24/06
Posts: 17055
Loc: Florida
Quote:
revenue has declined by between 3.5 and 8 percent.

That simply cannot be true because tax revenue rises every year.

Blame for any increase in the deficit lies entirely with Democrats, they now control the House of Representatives and, constitutionally, the purse strings of government spending. President Trump has promised to eliminate the national debt completely by the end of his next term.

Anyone failing to vote for his positive fiscal agenda will be entirely responsible for his failure to achieve these goals. Spending cuts will begin in earnest next year when he is sworn into office for his second term. Medicare, Medicaid, Social Security, and the Veterans Administration are bloated government programs that need to be cut down to size or eliminated completely. School lunch programs will be eliminated completely as students can brown bag it. K-12 public education will implement tuition fees and the Department of Education will provide loans to parents who can't afford them.
All CHIP and SNAP programs will be eliminated as well and it is hoped that another $12Billion dollar aircraft carrier can be built with the proceeds from this cut. (any funding overuns will be deposited directly with Trump Org. Future corporate tax cuts will increase revenue further! It is hoped that before his third term begins corporate taxes can be eliminated completely and President Trump will be declared President for life to avoid exorbitant spending on future elections. His heirs will be appointed leading positions as the dysfunctional US Congress is replaced with Trump family members and friends, saving Americans the need to vote and the wasted productivity involved therein.

The exploitation of workers will continue until moral improves!
_________________________
Good coffee, good weed, and time on my hands...

Top
#320814 - 01/30/20 09:07 PM Re: US budget deficit hits $984 billion, highest in 7 years [Re: pdx rick]
Jeffery J. Haas Offline
It's the Despair Quotient!
Carpal Tunnel

Registered: 08/03/04
Posts: 15728
Loc: Whittier, California
The US economy SLOWED in 2019.

It was "hit by trade wars".
_________________________
"The Best of the Leon Russell Festivals" DVD
deepfreezefilms.com

Top
#320817 - 01/30/20 10:28 PM Re: US budget deficit hits $984 billion, highest in 7 years [Re: logtroll]
CPWILL Offline
newbie

Registered: 12/26/19
Posts: 423
Originally Posted By: logtroll
Originally Posted By: CPWILL
Respectfully, that is not a fact. That is an assessment which depends upon assumptions, some of which may - or may not - be valid. An example of a fact would be the fact that Revenues went up, even as the Deficit did.

Respectfully, that is not a fact. Revenues did not increase. They decreased, in spite of the new revenues from tariffs.

Quote:
A common misleading claim this fall has been that tax revenues have increased, even with the large tax cuts enacted last year. While it is technically true that fiscal year (FY) 2018 nominal revenue is higher than FY 2017 nominal revenue, revenue has fallen by more meaningful metrics. It has fallen in nominal dollars when comparing tax year to tax year and has fallen in real dollars and as a share of GDP under any scenario. Focusing specifically on revenues raised under the new tax code, revenue has declined by between 3.5 and 8 percent.

CRFB


Respectfully, it is a fact, which is why even your own source makes the argument "okay, technically, nominally, yes, revenue increased, BUT.....".

Certainly they weren't cut deeply, as is being suggested by those who claim that nominal marginal rate reductions are responsible for large increases in our annual deficit (when the actual driver of that is our increased spending).

Federal Tax Revenue By Year:

FY 2019 $3.44 trillion (estimated)
FY 2018 $3.33 trillion
FY 2017 $3.32 trillion
FY 2016 $3.27 trillion
FY 2015 $3.25 trillion
FY 2014 $3.02 trillion

The Treasury records revenue increasing, the Office of Management and Budget records revenue increasing....

and that is a fact (shrug), though your source wishes to claim that - though technically true - that fact can be interpreted through different lenses to bring out mitigating factors.
_________________________
Winter Is Coming

Top
#320820 - 01/30/20 10:33 PM Re: US budget deficit hits $984 billion, highest in 7 years [Re: CPWILL]
logtroll Offline
veteran

Registered: 04/26/10
Posts: 10282
Loc: One of the Mexicos
Guess you didn't read the link, the one that accounts for things people like to ignore when it doesn't fit their world view.
_________________________
“You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.”
– R. Buckminster Fuller

Top
Page 13 of 13 < 1 2 ... 11 12 13

Who's Online
1 registered (Greger), 33 Guests and 0 Spiders online.
Key: Admin, Global Mod, Mod
Newest Members
Superfly, GreatNewsTonight, danarhea, RoughDraft274, CPWILL
6292 Registered Users
A2