America's budget deficit jumps by 17% as spending surges

Guvnah · 2018-10-17T03:10:41.422Z

Forcefield:

I dunno, take to the streets! Make a poster featuring Trump with a bone through his nose! Scream and yell about how he’s a usurper trashing your grandchildren’s future!

Shades of LK 7:32.

Guvnah · 2018-10-17T03:17:11.742Z

Apocalypto:

Hey guys, i’ve been out for a while but I just wanted to stop by and find out if any trump supporters have supplied a link to a tea party protest prior to 2009?

I associate the seminal movement with opposition to the Bush baulouts. Whether or not it was actually called the Tea Party at that time, it was the bailouts that started the groundswell, in my opinion.

Zander · 2018-10-17T03:40:58.725Z

Apocalypto:

Hey guys, i’ve been out for a while but I just wanted to stop by and find out if any trump supporters have supplied a link to a tea party protest prior to 2009?

No dude. Just, no.

Gravityspeak · 2018-10-17T07:11:32.460Z

And as “Trump’s biggest critic,” I’m certain you will be willing to talk about the exploding debt and deficit, too. Right?

Kyshia · 2018-10-17T07:23:45.545Z

RoyalBlue:

Jesus Christ! Why all the back and forth? Anyone that’s been paying attention to ANYTHING political in the past 10 years knows that the Tea Party was nothing more than a fart in the wind prior to 2009. NOBODY is going to be able to show any proof, link, rally or anything else prior to that.

Well, this is how conservatives got on some other forums when they found out that originalism was younger than they were. They googled in desperation and offered up desperate links, mostly to blogs by crazy people.

History really makes me them angry.

WildRose · 2018-10-19T09:51:36.842Z

It’s completely factual as was shown at the time in the budget proposals and projections.

The only control of the deficit came after dem’s lost the house and went full bore with the sequester, there’s not even any arguing otherwise.

WildRose · 2018-10-19T09:55:34.313Z

The debt increased from 11.9 to 18.15 Trillion dollars during Obama’s two terms. There wasn’t one dime in debt reduction under his administration.

JimmyC · 2018-10-19T10:32:56.167Z

WildRose:

I’m completely correct, not partially.

Dem’s don’t claim the sequester, but they claim Obama was the deficit cutter when in reality the only thing that ever stopped his growing deficits was the loss of the house followed by the sequester.

Prior to that we had trillion plus dollar deficits projected for every year of his presidency and beyond.

That incorrect. In 2010, before dems lost the House, CBO projected the deficit would drop below $1 trillion starting in 2012.

https://www.cbo.gov/sites/default/files/recurringdata/51118-2010-08-budgetprojections.xls

WildRose · 2018-10-19T10:38:06.050Z

Obama’s own projections showed trillion dollar deficits into the future in 2009.

http://www.washingtonpost.com/wp-dyn/content/article/2009/01/06/AR2009010602849.html

ImRightYoureWrong · 2018-10-19T11:02:35.504Z

WildRose:

The debt increased from 11.9 to 18.15 Trillion dollars during Obama’s two terms. There wasn’t one dime in debt reduction under his administration.

I never said there was a dime in debt reduction. Check your reading comprehension skills! You lose, again. But there was hundreds of billions in deficit reduction. Your lord trump and GOP of course ■■■■■■ that all up.

JimmyC · 2018-10-19T11:05:22.641Z

Obama’s OMB also projected it to drop below 1T in 2012.

govinfo.gov

govinfo

Official Publications from the U.S. Government Publishing Office.

WildRose · 2018-10-19T11:10:03.474Z

Try again sparky.

I suppose the GOP is also responsible for all the debt… .

You brought up the debt, not me.

WildRose · 2018-10-19T11:11:30.055Z

And that only assumes he never asked for another increase in spending beyond 2012.

IT wasn’t until after they lost the house that the brakes got put on and we all know it.

MichaelScarn · 2018-10-19T11:17:22.767Z

WildRose:

The debt increased from 11.9 to 18.15 Trillion dollars during Obama’s two terms. There wasn’t one dime in debt reduction under his administration.

Hey there! You appear to be confusing the terms “debt” and “deficit”.

The post to which you replied stated:

“Ain’t it funny as soon as Obama leaves, cons blow up the deficit.”

Deficits occur when government spending levels exceed revenue levels. Although you could follow monthly treasury reports, most people use Fiscal Years to round off deficit figures. When Obama took office, the FY2009 deficit was already in excess of one trillion dollars, and in his second term deficits had fallen to under 500 billion dollars, meaning deficits had been cut in half over the course of his presidency.

Debt, on the other hand, is the cumulative total of yearly deficits and surpluses. Over the course of Obama’s time in the white house, the debt increased by around 80%. This figure can be reliably compared to other presidents’s times in office, such as Bush who increased it by more than 100%, or Reagan who increased it by more than 200%.

Keeping this in mind, it would be accurate to characterize Obama’s time in office as one of great deficit reduction, although the debt continued to expand.

WildRose · 2018-10-19T11:19:37.084Z

Exactly what makes you think I’m cofusing anything?

This is what I responded to?

I suppose the GOP is also responsible for all the debt o

Debt, not deficit.

MichaelScarn · 2018-10-19T11:27:37.305Z

WildRose:

Exactly what makes you think I’m cofusing anything?

This is what I responded to?

I suppose the GOP is also responsible for all the debt o

Debt, not deficit.

Thanks for responding!

This is the sentence to which you are responding:

“I suppose the GOP is also responsible for all the debt of Obama’s 2nd term too?”

It is part of a larger post which you quoted in its entirety:

“Lol no. Ain’t it funny as soon as Obama leaves, cons blow up the deficit. Taxes went up in 2012 on top earners and ACA really started kicking in 2nd term of Obama. I suppose the GOP is also responsible for all the debt of Obama’s 2nd term too? What a load.”

Please note the words “also” and “too” in the sentence which you have clipped:

I suppose the GOP is also responsible for all the debt of Obama’s 2nd term too?

In this instance, the word “too” could be read as “as well”. The words “also” and “too” indicate that this final thought in the paragraph is in addition to an earlier thought. In this case, the earlier thought is:

as soon as Obama leaves, cons blow up the deficit.

Taken in full, the clear thought of the post in question is that conservatives increased the deficit when Obama left. However the post to which ImRightYoureWrong responded was placing responsibility for deficit reduction with the Republican held congress and that the President had nothing to do with it. ImRightYoureWrong is indicating that if the congress gets credit for deficit reduction, then they should also take responsibility for the debt increase.

Let me know if this clears up the confusion!

WildRose · 2018-10-19T11:34:07.703Z

The only confusion is on your part.

MichaelScarn · 2018-10-19T11:35:50.844Z

WildRose:

The only confusion is on your part.

Friendly reminder:

To be in compliance with the community standards, it is proper to address the post and not the poster. If you feel my post contains a misunderstanding of some sort, please highlight the offending section and I will do my best to clear it up.

Thanks!

MichaelScarn · 2018-10-19T11:39:31.600Z

WildRose:

Stuff the whinging and hypocrisy.

I would again like to point out the community guidelines for posting and addressing the post rather than the poster. Your posts indicated confusion between the words deficit and debt. It’s understandable considering the post to which you were replying contained both terms. I don’t think anything more needs to be said about the definitions of the terms, or why they both appeared in the post you quoted. I would suggest a reread of the two posts I made.

MichaelScarn · 2018-10-19T11:47:16.824Z

WildRose:

And you have been shown there was no confusion on my part from the start so drop it.

I don’t believe that point has been cleared up.

“The debt increased from 11.9 to 18.15 Trillion dollars during Obama’s two terms. There wasn’t one dime in debt reduction under his administration.”

This is the full text of your post. It does not mention deficits, which was the primary focus of ImRightYoureWrong’s post. The full text of his post:

“Lol no. Ain’t it funny as soon as Obama leaves, cons blow up the deficit. Taxes went up in 2012 on top earners and ACA really started kicking in 2nd term of Obama. I suppose the GOP is also responsible for all the debt of Obama’s 2nd term too? What a load.”

Does not in any way suggest a dime of debt reduction.