Trump's Budget
POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
VIEWED: 32160
PAGE 12 of 32
Jeez. I should include a column of projected Federal Debt on one of those.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
And also with today's new data:
Here I'll add a column showing how far behind the pace the Obamanomics years were.
That revision is a huge manipulation of data, so I'll try to flesh it out a bit here.
Did we really need to redefine what the GDP was in 2000? In 1930?
Did we not know what the GDP was within a few years, so now we
should rewrite history?
The Deep State Obamabots at BEA have feverishly been endeavoring to deny reality.
Quote:
Originally posted by JEWELSTAITEFAN:
New report today from BEA. This is for the Quarter ending with June.
Updating some figures.
This data does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?Quote:
Originally posted by JEWELSTAITEFAN:
https://bea.gov/iTable/iTable.cfm
Guess I need to specify Table 1.1.5.
This GDP data is from BEA News Release Archives. Current-Dollar GDP.
I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.
FY2015Q1, Cal YRQ4 17,710.7 17,701.3 17,703.7 17,703.7 --07.0
FY2015Q2, Cal YRQ1 17,710.0 17,665.0 17,693.3 17,649.3 --60.7
FY2015Q3, Cal YRQ2 17,840.5 17,902.0 17,913.7 17,913.7 +73.2
FY2015Q4, Cal YRQ3 18,034.8 18,064.7 18,060.2 18,060.2 +25.4
FY2016Q1, Cal YRQ4 18,128.2 18,148.4 18,164.8 18,164.8 +36.6
FY2016Q2, Cal YRQ1 18,221.1 18,229.5 18,230.1 18,281.6 +60.5
FY2016Q3, Cal YRQ2 18,437.6 18,436.5 18,450.1 18,450.1 +12.5
FY2016Q4, Cal YRQ3 18,651.2 18,657.9 18,675.3 18,675.3 +24.1
FY2017Q1, Cal YRQ4 18,860.8 18,855.5 18,869.4 18,905.5 +44.7
FY2017Q2, Cal YRQ1 19,007.3 19,027.6 19,027.1 19,057.7 +50.4
FY2017Q3, Cal YRQ2 19,226.7 19,246.7 19,250.0 19.250.0 +23.3
FY2017Q4, Cal YRQ3 19,495.5 19,509.0 19,500.6 19,500.6 +05.1
FY2018Q1, Cal YRQ4 19,738.9 19,736.5 19,754.1 19,754.1 +15.2
FY2018Q2, Cal YRQ1 19,965.3 19,956.8 19,960.1 (19963.3)-2.0
FY2018Q3, Cal YRQ1(20334.2) gain 370.9
Now placing equivalent figures in parentheses, following 27 July 2018 revisions.Quote:
Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
XXXX
FY2000 Q1 09926.1 Q2 10031.0 Q3 10278.3 Q4 10357.4 FY 10148.2
FY2001 Q1 10472.3 Q2 10508.1 Q3 10638.4 Q4 10639.5 FY 10564.6
FY2002 Q1 10701.3 Q2 10834.4 Q3 10924.8 Q4 11037.1 FY 10876.9
FY2003 Q1 11103.8 Q2 11230.1 Q3 11370.7 Q4 11625.1 FY 11332.4
FY2004 Q1 11816.7 Q2 11988.4 Q3 12181.4 Q4 12367.7 FY 12088.6
FY2005 Q1 12562.2 Q2 12813.7 Q3 12974.1 Q4 13205.4 FY 12888.9
FY2006 Q1 13381.6 Q2 13648.9 Q3 13799.8 Q4 13908.5 FY 13684.7
FY2007 Q1 14066.4 Q2 14233.2 Q3 14422.3 Q4 14569.7 FY 14322.9
FY2008 Q1 14685.3 Q2 14668.4 Q3 14813.0 Q4 14843.0 FY 14752.4
FY2009 Q1 14549.9 Q2 14383.9 Q3 14340.4 Q4 14384.1 FY 14414.6
FY2010 Q1 14566.5 Q2 14681.1 Q3 14888.6 Q4 15057.7 FY 14798.5
FY2011 Q1 15230.2 Q2 15238.4 Q3 15460.9 Q4 15587.1 FY 15379.1
FY2012 Q1 15785.3 Q2 15973.9 Q3 16121.9 Q4 16227.9 FY 16027.2
FY2013 Q1 16297.7 Q2 16475.4 Q3 16541.4 Q4 16749.3 FY 16515.9
FY2014 Q1 16999.9 Q2 17031.3 Q3 17320.9 Q4 17622.3 FY 17243.6
FY2015 Q1 17735.9 Q2 17874.7 Q3 18093.2 Q4 18227.7 FY 17982.9
FY2016 Q1 18287.2 Q2 18325.2 Q3 18538.0 Q4 18729.1 FY 18469.9
FY2017 Q1 18905.5 Q2 19057.7 Q3 19250.0 Q4 19500.6 FY 19178.4
FY2018 Q1 19754.1 Q2 est3 19960.1 trending FY 20101 - 4.9%
FY2018 Q1 19754.1 Q2(19963.3)Q3(20324.8) (advanced est)
Calendar Year 2017 GDP was 19,391 according to CBO. $19,390.6 from above.
With new data from 27 July 2018:
Yr FY Qrtr1 FY Qrtr2 FY Qrtr3 FY Qrtr4 FiscalYr CalndrYr Paced FY
00 09890.4 10002.9 10247.7 10319.8 10107.4 10252.3
01 10439.0 10472.9 10597.8 10596.3 10526.5 10581.8 10659.7 --133
02 10660.3 10789.0 10893.2 10992.1 10833.6 10936.4 11212.0 --38
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Updated with today's FY GDP figure:
Quote:
Originally posted by JEWELSTAITEFAN:
This is a repost from 18 May, with Budget Deficit, Actual Deficit, Federal Debt, and GDP. The Excess column is the amount the Debt exceeds the GDP.
I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt. The Gross Federal Debt, the Public Federal Debt, and the annual Deficits of the Federal Budgets do not add up, even when all are on the Fiscal Year cycle. OMB, CBO, Treasury, BEA, use different data, often not meshing.
So I will lay out some more data, for reference.
This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.
Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.
Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.
Federal Debt data is from U.S. Treasury. Using Gross Federal Debt.
For the section to the right, the columns are FY Increase to the Federal Debt (aka THE REAL FEDERAL DEFICIT), FY Gross Federal Debt, FY National GDP, the amount the Debt Exceeds the GDP.
For reference, here is the CBO Historical Budget data:
FscYr Revenues Outlays FedDeficit || DebtInc Fedrl Debt FY NatGDP Excess
(EST) $ 3,328 B $ 4,110 B $ 782 B || $~ 782 B $~ 20,988 $20,210.9B $~777 B
2017 $3316.2B $3981.6B $665.4B || $666.2B $20,205.7 $19,177.2B 1028.5B
2016 $3268.0B $3852.6B $584.7B || 1419.4B $19,539.5 $18,469.9B 1069.6B
2015 $3249.9B $3688.4B $438.5B || $325.6B $18,120.1 $17,982.9B $137.2B
2014 $3021.5B $3506.1B $484.6B || 1075.1B $17,794.5 $17,243.6B $550.9B
2013 $2775.1B $3454.6B $679.5B || $668.5B $16,719.4 $16,515.9B $203.5B
2012 $2450.0B $3536.9B 1087.0B || 1286.7B $16,050.9 $16,027.2B $023.7B
2011 $2303.5B $3603.1B 1299.6B || 1235.4B $14,764.2 $15,379.2B
2010 $2162.7B $3457.1B 1294.4B || 1652.9B $13,528.8 $14,798.5B
2009 $2105.0B $3517.7B 1412.7B || 1889.8B $11,875.9 $14,414.6B
2008 $2524.0B $2982.5B $458.6B || 1035.4B $09,986.1 $14,752.4B
2007 $2568.0B $2728.7B $160.7B || $499.3B $08,950.7 $14,322.9B
2006 $2406.9B $2655.1B $248.2B || $546.1B $08,451.4 $13,684.7B
2005 $2153.6B $2472.0B $318.3B || $550.6B $07,905.3 $12,888.9B
2004 $1880.1B $2292.8B $412.7B || $594.7B $07,354.7 $12,088.6B
2003 $1782.3B $2159.9B $377.6B || $561.6B $06,760.0 $11,332.4B
2002 $1853.6B $2010.9B $157.8B || $428.5B $06,198.4 $10,876.9B
2001 $1991.1B $1862.8B +128.2B || $141.2B $05,769.9 $10,564.6B
2000 $2025.2B $1789.0B +236.2B || $023.2B $05,628.7 $10,148.2B
1999 $1827.5B $1701.8B +125.6B || $127.3B $05,605.5 $09,510.5B
1998 $1721.7B $1652.5B +069.3B || $109.0B $05,478.2 $08,954.8B
1997 $1579.2B $1601.1B $021.9B || $187.7B $05,369.2 $08,483.2B
1996 $1453.1B $1560.5B $107.4B || $260.9B $05,181.5 $07,978.3B
1995 $1351.8B $1515.7B $164.0B || $277.3B $04,920.6 $07,583.4B
Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Quote:My prior table h
Once I add in FY2018 figures, we should see that with Deficit growth slowing, GDP growth exploding, the Excess will be well under $1 Trillion for the first time since Obama raced to get there.
Compared to the Brink of Economic Nightmare Horror that Obama brought us to, this now shows promise, hope, a light at the end of the tunnel, and a reversal of the path we were on.
Obama's trajectory has been Trumped.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Updated with today's CBO data:
Quote:
Originally posted by JEWELSTAITEFAN:
This is a repost from 18 May, with Budget Deficit, Actual Deficit, Federal Debt, and GDP. The Excess column is the amount the Debt exceeds the GDP.
I keep Forgetting how convoluted, twisted, and fabricated the figures are regarding the Federal Debt. The Gross Federal Debt, the Public Federal Debt, and the annual Deficits of the Federal Budgets do not add up, even when all are on the Fiscal Year cycle. OMB, CBO, Treasury, BEA, use different data, often not meshing.
So I will lay out some more data, for reference.
This helps show that, although the Rock-The-Vote Democraps doubled the Deficit in FY2008, Obama still only inherited a Debt about 2/3 of the GDP, and then was able to, in a few short years, push the Federal Debt over the GDP by 2012, and grew the excess to more than $1 Trillion over the GDP.
Once upon a time, reasonable people explained that a Debt larger than GDP was not a sustainable situation, and then Obamanomics took us there. And then after FY2012 ended, he was reelected to make the Economy even worse. While simultaneously bloating the Debt even further.
Obviously, CBO uses Libtard projection practices, so score any reasonable Budget with less Revenue, more Outlays, more Deficit, and lower GDP.
CBO scores delusional Libtard Budgets with exaggerated Revenue and GDP, and overly optimisticly low Outlays and Deficit.
Federal Debt data is from U.S. Treasury. Using Gross Federal Debt.
For the section to the right, the columns are FY Increase to the Federal Debt (aka THE REAL FEDERAL DEFICIT), FY Gross Federal Debt, FY National GDP, the amount the Debt Exceeds the GDP.
For reference, here is the CBO Historical Budget data:
FscYr Revenues Outlays FedDeficit || DebtInc Fedrl Debt FY NatGDP Excess
(EST) $ 3,329 B $ 4,108 B $ 779 B || $~ 779 B $~ 20,985 $20,210.9B $~774 B
2017 $3316.2B $3981.6B $665.4B || $666.2B $20,205.7 $19,177.2B 1028.5B
2016 $3268.0B $3852.6B $584.7B || 1419.4B $19,539.5 $18,469.9B 1069.6B
2015 $3249.9B $3688.4B $438.5B || $325.6B $18,120.1 $17,982.9B $137.2B
2014 $3021.5B $3506.1B $484.6B || 1075.1B $17,794.5 $17,243.6B $550.9B
2013 $2775.1B $3454.6B $679.5B || $668.5B $16,719.4 $16,515.9B $203.5B
2012 $2450.0B $3536.9B 1087.0B || 1286.7B $16,050.9 $16,027.2B $023.7B
2011 $2303.5B $3603.1B 1299.6B || 1235.4B $14,764.2 $15,379.2B
2010 $2162.7B $3457.1B 1294.4B || 1652.9B $13,528.8 $14,798.5B
2009 $2105.0B $3517.7B 1412.7B || 1889.8B $11,875.9 $14,414.6B
2008 $2524.0B $2982.5B $458.6B || 1035.4B $09,986.1 $14,752.4B
2007 $2568.0B $2728.7B $160.7B || $499.3B $08,950.7 $14,322.9B
2006 $2406.9B $2655.1B $248.2B || $546.1B $08,451.4 $13,684.7B
2005 $2153.6B $2472.0B $318.3B || $550.6B $07,905.3 $12,888.9B
2004 $1880.1B $2292.8B $412.7B || $594.7B $07,354.7 $12,088.6B
2003 $1782.3B $2159.9B $377.6B || $561.6B $06,760.0 $11,332.4B
2002 $1853.6B $2010.9B $157.8B || $428.5B $06,198.4 $10,876.9B
2001 $1991.1B $1862.8B +128.2B || $141.2B $05,769.9 $10,564.6B
2000 $2025.2B $1789.0B +236.2B || $023.2B $05,628.7 $10,148.2B
1999 $1827.5B $1701.8B +125.6B || $127.3B $05,605.5 $09,510.5B
1998 $1721.7B $1652.5B +069.3B || $109.0B $05,478.2 $08,954.8B
1997 $1579.2B $1601.1B $021.9B || $187.7B $05,369.2 $08,483.2B
1996 $1453.1B $1560.5B $107.4B || $260.9B $05,181.5 $07,978.3B
1995 $1351.8B $1515.7B $164.0B || $277.3B $04,920.6 $07,583.4B
Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Quote:My prior table had
Once I add in FY2018 figures, we should see that with Deficit growth slowing, GDP growth exploding, the Excess will be well under $1 Trillion for the first time since Obama raced to get there.
Compared to the Brink of Economic Nightmare Horror that Obama brought us to, this now shows promise, hope, a light at the end of the tunnel, and a reversal of the path we were on.
Obama's trajectory has been Trumped.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
CBO released the Monthly Update today, including FY18 Rev 3329 Out 4108 Def 779.
Updating with new data:
https://www.cbo.gov/publication/54647
This looks like an interesting resource linky:
https://www.cbo.gov/about/products/major-recurring-reports#9
https://WWW.CBO.Gov/about/press-center
Apr 2018 CBO estimate:
https://www.cbo.gov/publication/53821#section2
These data sources actually seem to correlate to the figures in the Budget Statements.
I'll try to post some data to breakdown how the projections progress.
The 1st column is Category and Fiscal Year. Categories are Revenue, Outlays, Surplus/Deficit (estimate) and Surplus/Deficit (Actual, or corrected). Projected is the figure that CBO projected for the FY, most recent at the time of the report. Proportional Percent is the cumulative Deficit compared to the actual FY Total. For the newest year, % Projection is based upon the historical proportion for that month of the cycle.
Each FY has 2 groups. First group is the individual month data. Second group is the cumulative Deficit for that FY so far.
Figures in Billions.
CatFY Oct Nove Dece Janu Febru Marc April MMay June July Augu Sept
Rev16 211 $205 $350 $314 $169 $228 $438 $225 $330 $210 $231 $358
Out16 347 $270 $364 $258 $362 $336 $332 $277 $323 $323 $338 $323
S/D16 -136 -$65 --$14 +$55 --193 --108 +106 --$53 +$06 --113 --107 +$35
Rev16 211 $416 $766 1079 1248 1476 1915 2139 2469 2679 2910 3268
Out16 347 $617 $981 1240 1601 1936 2268 2545 2868 3191 3529 3852
S/D16 -136 -201 --216 --160 --353 --459 --353 --405 --399 --512 --619 --585
Projtd -414 -414 --414 --544 --544 --534 --534 --534 --534 --534 --590 --590
Port% 23.2 34.4 36.9% 27.4 60.3% 78.5 60.3 69.2% 68.2 87.5 106% 100%
Rev17 222 $200 $319 $344 $172 $217 $456 $240 $339 $231 $226 $348
Out17 267 $337 $347 $293 $364 $393 $273 $327 $426 $276 $336 $342
S/D17 --46 --137 --$27 +$51 --192 --176 +182 --$87 --$87 --$45 --109 +$06
Rev17 222 $422 $741 1085 1257 1473 1929 2168 2509 2738 2966 3314
Out17 267 $604 $951 1243 1607 2000 2273 2600 3028 3307 3642 3982
S/D17 --46 --183 --210 --159 --351 --527 --344 --432 --520 --568 --675 --668
Projtd -594 -594 --594 --559 --559 --559 --559 --559 --693 --693 --693 --693
Port% 06.9 27.5 31.6% 23.9 52.8% 79.2 51.7 65.0% 78.2 85.4 101% 100%
Rev18 235 $210 $326 $362 $157 $213 $515 $217 $314 $225 $219 $343
Out18 299 $344 $352 $311 $373 $420 $297 $361 $389 $301 $430 $227
SDEst --62 --134 --$26 +$51 --216 --207 +218 --144 --$75 --$75 --211 +116
Act18 --63 --139 --$23 +$49 --215 --209 +214 --146 --$74 --$77 --214 +118
Rev18 235 $445 $770 1131 1287 1499 2012 2224 2539 2766 2985 3328
Out18 299 $643 $998 1306 1679 2097 2394 2754 3146 3448 3880 4110
SDEst --62 --198 --228 --174 --392 --598 --382 --530 --607 --682 --894 --782
Act18 --63 --202 --225 --176 --391 --600 --386 --532 --606 --683 --897 --779
Projtd -873 -873 --873 --873 --873 --873 --804 --792 --793 --793 --793 --793
%Prjt7 -911 -734 --713 --736 --741 --757 --747 --815 --776 --799 --885 --782
%Prjt6 -271 -588 --609 --644 --648 --765 --640 --766 --890 --779 --845 --782
Port% 08.1 25.9 28.9% 22.6 50.2% 77.0 49.6 74.7% 77.8 87.7 115% 100%
Rev19
Out19
SDEst --98
Act19
Rev19
Out19
SDEst --98
Act19
Projtd -985 -985 --985 --985 --985
%Pjt8 1212
%Pjt7 1423
%Pjt6 -422
Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Items of note:
Despite the endless whining of "Tax Cuts" from CBO, they admit they exaggerated the deficit, and more revenue was generated Every Single Month this FY2018.
Interesting: for the new report on 7 Nov 2018, CBO ranted on and on about Tax Cuts, but refused to provide the basic figures of how many Dollars of Revenue and how many of Outlays for October.
I guess we need to wait until Thursday afternoon for the Monthly Treasury Statement.
Edit: Whoops. Not 8th day of the month. Eighth business day of the month. So, next Monday afternoon, the 12th.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Word on the street is they're talking about layoffs where I work. It would explain the poisonous attitude around my work that just came out of the blue.
I'm not really worried about it because the store would have to close for them to get rid of me. Besides, at what I make it wouldn't take much to find a comparable job somewhere else. I do hope they're just rumors though. I quite like the job now that I've set myself up like I have. Really don't want to spend another year somewhere else doing it all again from scratch.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:Well, they gotta prep for that Market drop that you just voted for.
Originally posted by 6IXSTRINGJACK:
Word on the street is they're talking about layoffs where I work. It would explain the poisonous attitude around my work that just came out of the blue.
I'm not really worried about it because the store would have to close for them to get rid of me. Besides, at what I make it wouldn't take much to find a comparable job somewhere else. I do hope they're just rumors though. I quite like the job now that I've set myself up like I have. Really don't want to spend another year somewhere else doing it all again from scratch.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
For this month, I'll update with data from Monthly Treasury Statement, since highly partisan Deep State CBO was too incompetent to do so.
CBO released the Monthly Update today, including FY18 Rev 3329 Out 4108 Def 779.
Updating with new data:
https://www.cbo.gov/publication/54647
This looks like an interesting resource linky:
https://www.cbo.gov/about/products/major-recurring-reports#9
https://WWW.CBO.Gov/about/press-center
Apr 2018 CBO estimate:
https://www.cbo.gov/publication/53821#section2
These data sources actually seem to correlate to the figures in the Budget Statements.
I'll try to post some data to breakdown how the projections progress.
The 1st column is Category and Fiscal Year. Categories are Revenue, Outlays, Surplus/Deficit (estimate) and Surplus/Deficit (Actual, or corrected). Projected is the figure that CBO projected for the FY, most recent at the time of the report. Proportional Percent is the cumulative Deficit compared to the actual FY Total. For the newest year, % Projection is based upon the historical proportion for that month of the cycle.
Each FY has 2 groups. First group is the individual month data. Second group is the cumulative Deficit for that FY so far.
Figures in Billions.
CatFY Oct Nove Dece Janu Febru Marc April MMay June July Augu Sept
Rev16 211 $205 $350 $314 $169 $228 $438 $225 $330 $210 $231 $358
Out16 347 $270 $364 $258 $362 $336 $332 $277 $323 $323 $338 $323
S/D16 -136 -$65 --$14 +$55 --193 --108 +106 --$53 +$06 --113 --107 +$35
Rev16 211 $416 $766 1079 1248 1476 1915 2139 2469 2679 2910 3268
Out16 347 $617 $981 1240 1601 1936 2268 2545 2868 3191 3529 3852
S/D16 -136 -201 --216 --160 --353 --459 --353 --405 --399 --512 --619 --585
Projtd -414 -414 --414 --544 --544 --534 --534 --534 --534 --534 --590 --590
Port% 23.2 34.4 36.9% 27.4 60.3% 78.5 60.3 69.2% 68.2 87.5 106% 100%
Rev17 222 $200 $319 $344 $172 $217 $456 $240 $339 $231 $226 $348
Out17 267 $337 $347 $293 $364 $393 $273 $327 $426 $276 $336 $342
S/D17 --46 --137 --$27 +$51 --192 --176 +182 --$87 --$87 --$45 --109 +$06
Rev17 222 $422 $741 1085 1257 1473 1929 2168 2509 2738 2966 3314
Out17 267 $604 $951 1243 1607 2000 2273 2600 3028 3307 3642 3982
S/D17 --46 --183 --210 --159 --351 --527 --344 --432 --520 --568 --675 --668
Projtd -594 -594 --594 --559 --559 --559 --559 --559 --693 --693 --693 --693
Port% 06.9 27.5 31.6% 23.9 52.8% 79.2 51.7 65.0% 78.2 85.4 101% 100%
Rev18 235 $210 $326 $362 $157 $213 $515 $217 $314 $225 $219 $343
Out18 299 $344 $352 $311 $373 $420 $297 $361 $389 $301 $430 $227
SDEst --62 --134 --$26 +$51 --216 --207 +218 --144 --$75 --$75 --211 +116
Act18 --63 --139 --$23 +$49 --215 --209 +214 --146 --$74 --$77 --214 +118
Rev18 235 $445 $770 1131 1287 1499 2012 2224 2539 2766 2985 3328
Out18 299 $643 $998 1306 1679 2097 2394 2754 3146 3448 3880 4110
SDEst --62 --198 --228 --174 --392 --598 --382 --530 --607 --682 --894 --782
Act18 --63 --202 --225 --176 --391 --600 --386 --532 --606 --683 --897 --779
Projtd -873 -873 --873 --873 --873 --873 --804 --792 --793 --793 --793 --793
%Prjt7 -911 -734 --713 --736 --741 --757 --747 --815 --776 --799 --885 --782
%Prjt6 -271 -588 --609 --644 --648 --765 --640 --766 --890 --779 --845 --782
Port% 08.1 25.9 28.9% 22.6 50.2% 77.0 49.6 74.7% 77.8 87.7 115% 100%
Rev19 253
Out19 353
SDEst --98
Act19 -100
Rev19 253
Out19 353
SDEst --98
Act19 -100
Projtd -985 -985 --985 --985 --985
%Pjt8 1212
%Pjt7 1423
%Pjt6 -422
Display stabilization row:
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
Items of note:
Despite the endless whining of "Tax Cuts" from CBO, they admit they exaggerated the deficit, and more revenue was generated Every Single Month this FY2018.
Interesting: for the new report on 7 Nov 2018, CBO ranted on and on about Tax Cuts, but refused to provide the basic figures of how many Dollars of Revenue and how many of Outlays for October.
I guess we need to wait until Thursday after
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Quote:
Originally posted by JEWELSTAITEFAN:Quote:Well, they gotta prep for that Market drop that you just voted for.
Originally posted by 6IXSTRINGJACK:
Word on the street is they're talking about layoffs where I work. It would explain the poisonous attitude around my work that just came out of the blue.
I'm not really worried about it because the store would have to close for them to get rid of me. Besides, at what I make it wouldn't take much to find a comparable job somewhere else. I do hope they're just rumors though. I quite like the job now that I've set myself up like I have. Really don't want to spend another year somewhere else doing it all again from scratch.
Do Right, Be Right. :)
I voted for Rethugs and Libertarians.
Are you still crying that the voting didn't go the way you wanted it to?
Boo Hoo.
Grow up.
Do Right, Be Right. :)
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME
Today's report revised the FY2018Q4 GDP gain from 247.1 to 248.4, for a FY (4 Quarter) gain of $20,212 Billion.
And also with today's new data:
Here I'll add a column showing how far behind the pace the Obamanomics years were.
Quote:
Originally posted by JEWELSTAITEFAN:
This data does appear to be listed under Calendar Year Quarters as opposed to Fiscal Year Quarters elsewhere.
Yes, this is Table.1.1.5 (use the Modify button to adjust dates) at this link:
https://bea.gov/iTable/iTable.cfm?
This GDP data is from BEA News Release Archives. Current-Dollar GDP.
I noticed a trend among the BEA data. The figures from BEA do not match other info. But they make monthly reports, each Quarter has an Advanced Estimate, then 2nd Estimate, then 3rd Estimate, before the final figure.
With new data from 27 July 2018:
Yr FY Qrtr1 FY Qrtr2 FY Qrtr3 FY Qrtr4 FiscalYr CalndrYr Paced FY
00 09890.4 10002.9 10247.7 10319.8 10107.4 10252.3
01 10439.0 10472.9 10597.8 10596.3 10526.5 10581.8 10659.7 --133
02 10660.3 10789.0 10893.2 10992.1 10833.6 10936.4 11212.0 --380
03 11071.5 11183.5 11312.9 11567.3 11283.8 11458.2 11764.3 --460
04 11769.3 11920.2 12109.0 12303.3 12025.4 12213.7 12316.5 --291
05 12522.4 12761.3 12910.0 13142.9 12834.1 13036.6 12868.8 --55
06 13332.3 13603.9 13749.8 13867.5 13638.4 13814.6 13421.1 +217
07 14037.2 14208.6 14382.4 14535.0 14290.8 14451.9 13973.3 +317
08 14681.5 14651.0 14805.6 14835.2 14743.3 14712.8 14525.6 +218
09 14559.5 14394.5 14352.9 14420.3 14431.9 14448.9 15077.9 --646
10 14628.0 14721.4 14926.1 15079.9 14838.8 14992.3 15630.2 --791
11 15240.8 15285.8 15496.2 15591.9 15403.7 15542.6 16182.5 --779
12 15796.5 16019.8 16152.3 16257.2 16056.4 16197.0 16735.8 --679
13 16358.9 16569.6 16637.9 16848.7 16944.3 16784.9 17288.1 --344
14 17083.1 17102.9 17425.8 17719.8 17392.7 17521.7 17840.3 --448
15 17838.5 17970.4 18221.3 18331.1 18090.3 18219.3 18392.6 --302
16 18354.4 18409.1 18640.7 18799.6 18551.0 18707.2 18944.8 --394
17 18979.2 19162.6 19359.1 19588.1 19272.3 19485.4 19497.1 --225
18 19831.8 20041.0 20411.9 20660.3 20211.3 .8 888.8 20049.4 +162
Quote:
This data meshes well. Taking the average of the 4 FY Quarters produces the FY figure listed by Treasury, except for FY 2017. This is because each quarter has the data multiplied by 4, to present as a full year's rate.
Something to note: Obama constantly projected that he would generate repeated increases to GDP of over $1 Trillion from one year to the next. Yet Obamanomics never allowed growth like that to occur. Not one single year did the GDP grow by $1 Trillion. Not during Obamanomics, nor ever before. But Trump is on pace to accomplish this feat, in only his very first full year - even though Obama's overly optimistic predictions did not identify it would be possible this soon.
Peak Quarters of growth: (including all-time Top 10 prior to Trump)
370.9 FY2018 Q3 (new data)
322.9 FY2014 Q3
294.0 FY2014 Q4
271.6 FY2006 Q2
254.4 FY2003 Q4
250.9 FY2015 Q3
248.4 FY2018 Q4 (est)
244.8 FY2000 Q3
243.7 FY2018 Q1
238.9 FY2005 Q2
234.4 FY2014 Q1
232.9 FY2005 Q4
231.6 FY2016 Q3
229.0 FY2017 Q4
Clearly, 2nd Quarters are a tough nut to crack. So here are top Q2s:
Using revised data of July 2018:
271.6 FY2006 Q2
238.9 FY2005 Q2
223.3 FY2012 Q2
210.7 FY2013 Q2
209.2 FY2018 Q2
183.4 FY2017 Q2
171.4 FY2007 Q2
150.9 FY2004 Q2
Trump is color coded Orange. Bush is color coded Green.
NOTIFY: Y | REPLY | REPLY WITH QUOTE | PERMALINK | TOP | HOME