739 Billion Dollar Deficit

it's actually money that the Jews withdrew under our name that they never intend to pay.

We don't print money, so we have no money to give to jews.

>frustrating
>reddit spacing
No amountof dilating will make you a woman, tranny.

Random. I threw you a blink-or-you'll miss it random back.

>caring about meme debt

Republicans bash Obama for deficits. Not a peep when a Repub president has high deficits. Same thing with guns. Repubs stop Obama gun control, yet do nothing when Trump bans them,

your people have already forgotten about those tax cuts

Deficit ≠ debt

Retarded burger.

You are not cutting taxes unless you cut spending. Without that you get a deficit and inflation as a result since you are printing money. Everyone's money loses value. All they did was shift the tax from direct income to inflationary.

Obama tripled the debt you dumb shit. now 60% of fed taxes go straight to banks. if the % was lower we could fund all the bullshit we already wasting money on. doofus.

Republicans really went off the deep when they went Big Government Conservative.

Because you get the marriage of tax cuts with rampant spending. For all the flak Democrats get about spending, they at least don't combine it with tax cuts simultaneously. So the spending is paid for.

End welfare and legalize prostitution.

During a recession. Trump has been adding up debt during a period of 3 percent growth. 2 Trillion now (and he's not even done with his first term). At this rate, he will surpass Obama by the end of 2020.

You can't jump on Obama about debt then suddenly turn around and ignore Trump on it.

Seriously, how did we add 2 trillion in debt during a period of 3 percent growth?

It's very likely due to the tax cuts married to the increase in spending.

sure i can Obongo threw away a trillion dollars. " uh i guess they werent that shovel ready, huh huh huh"

like I said how the fuk we supposed to fund the govt when our cash goes straight to intrest payments. and Bush was a scumbag too.

For an old senile moron it is

We raise taxes when we raise spending. We cut taxes when we reduce spending. It's basic common sense.

>Implying the Russian aren't 50years ahead of the us as far as submarine goes
>Implying your heavy sinking airport aren't locked on as we speak.

The shear cuckness of a proxy country I guess

And about those millions daily ?

you are a moronic digusting lying shill

(CNSNews.com) - The federal government collected a record $1,665,484,000,000 in individual income taxes in calendar year 2018, according to the Monthly Treasury Statements for the year, which the Treasury finished publishing today with the belated release of the December statement.

Calendar year 2018 was the first full tax year after President Donald Trump signed the Tax Cuts and Jobs Act on Dec. 22, 2017.

The previous calendar-year record for federal individual income tax revenues was in 2017, when the Treasury collected $1,656,171,550,000 in individual income taxes (in constant December 2018 dollars).

It does explain why Trump never went public except once (and probably went into a massive bankruptcy).

Trump was never a CEO, he was head of something called a Limited Liability Company (which notably has severe limits imposed, compared to a proper Corporation).

Tax revenues were 49,000,000,000, not nearly enough to balance the spending.

>Look, either raise taxes when you raise spending, or cut taxes AND cut spending with it.
Why though? Seriously, why does the deficit even matter as long as the economy is still doing well our currency is strong and our production is high. The fiat currency is based on the military and political power of the US, and as long as the deficit isnt totally out of control it doesn't affect this much.

But in fairness, most people don't even know Limited Liability Companies exist, lol.

You call 739 billion dollars not out of control? How much higher must it get?

Somewhat counter-intuitively, tax revenue tends to increase after tax cuts. This has happened repeatedly throughout US history and is often attributed to increased employment and higher wages.

What is your barometer? It is a large number yes, but so is our GDP. The ratio between the two isnt great for the US, yes, but we also currently have the hottest economy in the world .

I just am not sure what your argument is here... You say its high, but in comparison to what? and at what cost? What are you concerned will happen as a result?

>as long

Attached: just try and fucking stop me.jpg (345x309, 34K)

Don't you cry for me, Argentina.

Economics are a spook. Anyone that comes at you with math and graphs to discuss macroeconomics is a retard. It is psychology.

C) fiat currency

How do you think deficit spending is financed?

The nigger was nearly double that, what's your feeble point?

>Double that

Trump broke the record, Britbong. Besides, don't you have to survive your Brexit mess?

You think that's bad? Just wait until the next recession.

Not only that, they cut funding to enforcement agencies whose funding leads to more revenue, in turn le agencies have to rely on digital big data surveillance and militarization policies to make up the slack in cut funding.