Economists Credit Trump as Tailwind for U.S. Growth, Hiring and Stocks
- Thread starter Arnie
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you may be confusing yearly deficit with lifetime deficit.
obama spent about 7 trillion more than he took in.
there is no way in the world you can call that a reduction in the deficit.
there were a few years in the middle where the yearly deficits declined... but they were still deficits.
your chart is as a percent of gdp.
obama spent about 7 trillion more than he took in.
there is no way in the world you can call that a reduction in the deficit.
there were a few years in the middle where the yearly deficits declined... but they were still deficits.
your chart is as a percent of gdp.
Jem your making yourself sound real dumb here sorry i like you dude but the deficit went down...... only after republicans took boith houses though....
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yes the cumulative deficit was about 7 trillion higher.
the yearly deficit was lower but there were still deficits every year. Obama never saved us any money... he always added to the debt and the cumulative deficit.
the yearly deficit was lower but there were still deficits every year. Obama never saved us any money... he always added to the debt and the cumulative deficit.
losing a trillion for a few years and losing half a trillion for a few years still lost us 7 trillion dollars.
that is not saving money... that is the problem with the establishment... they consider having a 600 billion dollar shortfall every year ... saving money.
the funny thing about all this is (... I just care about the truth...) I don't even argue if the deficit is bad or good any more. I can't tell until we learn how much money the FED actually creates every year.
a 600 trillion dollar deficit might not even be inflationary considerong how many dollars are in circulation around the world and the world economy is growing. if we just created the 600 billion without borrowing it, it might just match the need of the growing world economy. it might not cause inflation.
the question is how many trillions is the FED creating every year without it benefitting our govt or our citizens.
that is not saving money... that is the problem with the establishment... they consider having a 600 billion dollar shortfall every year ... saving money.
the funny thing about all this is (... I just care about the truth...) I don't even argue if the deficit is bad or good any more. I can't tell until we learn how much money the FED actually creates every year.
a 600 trillion dollar deficit might not even be inflationary considerong how many dollars are in circulation around the world and the world economy is growing. if we just created the 600 billion without borrowing it, it might just match the need of the growing world economy. it might not cause inflation.
the question is how many trillions is the FED creating every year without it benefitting our govt or our citizens.
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My networth does not rely on handouts and my weight and health does not rely on gastric surgery.