Buckle Up - There's a Drunk Behind the Wheel And No Federal Spending Brakes!

[HedonistForever]

Originally Posted by sportfisherman

Speaking for Senators Pelosi and Schumer in regards to the question you posed ;

We need more help because we have had 4 years of the most egregiously poor executive leader in the History of the United States.

He had the economy all juiced up (with the brakes off) and got caught with a crisis he mis-handled (slow,faltering,wavering response).

And he led us off the deep end into the biggest shit hole ever.

So we have to (as usual)come in and clean up Trump and Republican bullshit.

And I think WTF is indicating by his Avatar that we could have done better if we would have had a Chimpanzee as POTUS.

Thanks for half-heartedly reminding us he had the economy on steroids and working well for everybody before a health crisis he neither caused nor could control.


And it looks like you get your wish for a chimpanzee ( the kind the organ grinder controls ) for a President.

[rexdutchman]

Pudding an chief is the nefarious jobs ender , they want to erase big t but have nothing to replace that's workable just brilliance

[lustylad]

Originally Posted by WTF

Isn't that an interesting graph. Do you think the 2020 projection will be correct? You do realize that part of your graph was just projections right? I mean no fucking way 2020 is close to correct. Why would you post such nonsense?

I posted the graph because I knew you wouldn't remember it. I already trotted it out a year ago to whoop your ignorant ass. Even before the pandemic hit, you and chungy were lying about Trump's deficits, calling them the biggest in history when every economist knows they were less than half the size of the deficits Obama ran throughout his first term.

Here ya go... I might as well let everyone here relive your ass-whooping from a year ago... Enjoy!

Originally Posted by lustylad

Why don't you slow the fuck down, quit hyperventilating random incoherent sentences, and listen up while I re-school you in recent economic history, ok?

Here are some numbers you can't refute. The data is the data. Since you keep whining about making proper comparisons with odumbo, I've broken out the budget data separately for each of his 4-year terms, got it?

Here you go, douchebag:


Federal Deficit As % of GDP (Fiscal Years ending 9/30):

Odumbo 1st Term (2009-2012 Avg) - 8.5%
Odumbo 2nd Term (2013-2016 Avg) - 3.1%
Trump To Date (2017-2019 Avg) - 4.1%

Can you read a graph? Here's a bar graph showing the results on a year-by-year basis, along with projections going forward:





Were you screaming "the sky is falling!" during odumbo's first term, when deficits were more than TWICE as large (as a % of GDP) as they have been so far under trump? Of course you weren't. Why not? Because you are a hypocrite, a partisan hack, and demonstrably stupid on any topic involving economics.

Would I be more comfortable if the projections going forward were for deficits closer to 3% of GDP instead of flatlining around 5%? Of course I would! The only way to get there is to cut federal spending. Start with the recommendations of the Erskine-Bowles Commission. Surely you remember that bipartisan commission set up by odumbo back in 2010, dontcha? Oh wait, odumbo rejected their bipartisan recommendations. He didn't want to trim the growth in entitlement spending. So he rejected the work of his own bipartisan commission!

So let's see now... which of the current dim-retard candidates has a plan to curtail federal spending a la Erskine-Bowles?

Bernie? Fauxcahontas?

Ooops! Those two bozos are promising endless freebies which (if enacted) would quickly double our annual federal spending, from $4.5 trillion to over $8 trillion. That's moving in the exact OPPOSITE direction to what is needed! If either of them winds up in a position to fling open the federal spending spigots, the deficit would be back up to an alarming and unsustainable 10% of GDP in no time!

Like you, neither of those two pandering idiots ever took a course in simple economics. They shy away from numbers, too.

So look, dickbrain. We can see right through your phony concerns about federal red ink. If you truly cared about deficits, you would be ringing the alarm bells over the humongous unfunded proposals costing TENS OF TRILLIONS OF DOLLARS being promised by the shamelessly pandering candidates running against trump!

[WTF]

Originally Posted by lustylad

I posted the graph because I knew you wouldn't remember it. I already trotted it out a year ago to whoop your ignorant ass. Even before the pandemic hit, you and chungy were lying about Trump's deficits, calling them the biggest in history when every economist knows they were less than half the size of the deficits Obama ran throughout his first term.

Here ya go... I might as well let everyone here relive your ass-whooping from a year ago... Enjoy!

Weren't you the silly SOB that wanted to bet Trump's GDP numbers except when it came time to bet? Oh yes that was you.

Ok....let's get this straight. I think you are a charlatan. A three card Monty. You take thing out of context and try and persuade folks who haven't studied an issue with your out of context/distorted numbers.

The jist of wtf I was saying was that Trump was running huge deficits even in good times...are supposed good time, I called them sugar high times...and correctly said he would be fucked when this charade caught up to him. It did quicker than normal in the form of a pandemic.

How about wr compare Obama's last two years with Trumps first two and Obama's first two with Trumps last two.

That is wtf reasonable people would do.

Snake Oil Salesman try this slight of hand crap you're trying to pull.

[oeb11]

None so blind......

[bf0082]

lustylad, lol... cut spending.

Lets not increase our revenue, lets cut spending... um, the orange cheeto increased military spending by 100 Billion....

cut spending ?

why on earth did we cut coporate taxes, and then they throw their arms up in the air crying, we can't afford a $15 minimum wage, which for most companies may increase their payroll 5%, after receiveing 14% tax cut..

What was the point of the tax cut if not to increase employee wages ?

[oeb11]

'b' - Typical DPST/ccp marxist advocate of 'Soviet Central Planning" and the usual disastrous results of eh control freaks in DC
I underst and the idea of 'market economics' is anathema - 'b'.



none so blind.....

[rexdutchman]

Cant see the trees through the burning trees

[dilbert firestorm]

Originally Posted by rexdutchman

Cant see the trees through the burning trees

can't see the trees for the forest which is burning.

[WTF]

Originally Posted by dilbert firestorm

can't see the trees for the forest which is burning.

Your forest is burning?

Sucks to be you...mine is paradise.

Market is kicking ass.

[WTF]

lustylad... have you updated your graph?



.

[oeb11]

'w' - only nine more years until the world Ends - unless AOC's soylent green new Deal is implemented across America.



for more fairy tales - please read the DPST HR-1 bill, and the DPST/ccp platform of teh DNC!

[WTF]

Have any of you read lustylad's graph

[rexdutchman]

Its the fairy tales an pudding platform ,,,,,,,,,,,,

[WTF]

lustylad can you tell us what the actual debt to GDP came in at very your projected number on your graph?

$20.93 trillion divided into 3.1 Trillion in case you don't know the numbers.

A tad over 15% in case you do not know how to divide.