Trump's Budget

POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
VIEWED: 32160
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SECOND

Tuesday, February 12, 2019 9:27 PM

Quote:
Originally posted by JEWELSTAITEFAN:
Bump for Sigs, who thinks that 8 years of Clinton increasing the Gross Federal Debt EVERY SINGLE YEAR should be defined as "Reducing Federal Debt."

You are wrong. The Federal Debt decreased during Clinton’s best year (2000) at the rate of minus 2%.

The Compounded Annual Rate of Change of Federal Debt was increasing by 17.88% per year during Reagan’s worst year (1984). The years before and after his worst were 17.85% and 17.01%.

https://fred.stlouisfed.org/graph/?g=mX9I

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

JEWELSTAITEFAN

Wednesday, February 13, 2019 12:15 PM

Quote:
Originally posted by second:
Quote:
Originally posted by JEWELSTAITEFAN:
Bump for Sigs, who thinks that 8 years of Clinton increasing the Gross Federal Debt EVERY SINGLE YEAR should be defined as "Reducing Federal Debt."
You are wrong. The Federal Debt decreased during Clinton’s best year (2000) at the rate of minus 2%.

The Compounded Annual Rate of Change of Federal Debt was increasing by 17.88% per year during Reagan’s worst year (1984). The years before and after his worst were 17.85% and 17.01%.

Your campaign to remind us that you are numerical illiterate is strong, particularly after I just posted the figures.

From 1995 to 1996 the Gross Federal Debt went from $7.583 Trillion to $7.978 Trillion. That is an increase, except to Libtards.
For 1997 the Debt increased to $8.483 Trillion.
For 1998 the Debt increased to $8.954 Trillion.
For 1999 the Debt increased to $9.510 Trillion.
For 2000 the Debt increased to $10.148 Trillion. Clinton made Federal Debt History in 2000 by pushing it over the $10 Trillion mark for the first time ever.
Clinton left Office in 2001.
For 2001 the Debt increased to $10.564 Trillion.

How stupid is second? This is beyond merely gullible, this is Libtardism in the extreme.

SECOND

Wednesday, February 13, 2019 6:22 PM

Quote:
Originally posted by JEWELSTAITEFAN:
Your campaign to remind us that you are numerical illiterate is strong, particularly after I just posted the figures.

From 1995 to 1996 the Gross Federal Debt went from $7.583 Trillion to $7.978 Trillion. That is an increase, except to Libtards.
For 1997 the Debt increased to $8.483 Trillion.
For 1998 the Debt increased to $8.954 Trillion.
For 1999 the Debt increased to $9.510 Trillion.
For 2000 the Debt increased to $10.148 Trillion. Clinton made Federal Debt History in 2000 by pushing it over the $10 Trillion mark for the first time ever.
Clinton left Office in 2001.
For 2001 the Debt increased to $10.564 Trillion.

How stupid is second? This is beyond merely gullible, this is Libtardism in the extreme.

Your numbers are wrong.

The Federal Reserve will let you download an Excel file of the real numbers for the Federal Debt: Total Public Debt
https://fred.stlouisfed.org/graph/?g=mXRu

1995-01-01 4.988665 trillion
1996-01-01 5.323172
1997-01-01 5.502388
1998-01-01 5.614217
1999-01-01 5.776091
2000-01-01 5.662216
2001-01-01 5.943439

The percent change per year is here
https://fred.stlouisfed.org/graph/?g=mX9I

Change from Year Ago, Millions of Dollars, is here
https://fred.stlouisfed.org/graph/?g=mXRH

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

6IXSTRINGJACK

Wednesday, February 13, 2019 6:28 PM

I don't even have to look to know that Second is right about this... or at least his numbers are closer.

When I started paying attention to the Debt Clock it was well over $6 Trillion and that was early in GWB's administration. The wheels didn't really come off until after 9/11 and the obscene increases in military spending that have never once tapered off in any meaningful fashion since.

Do Right, Be Right. :)

SECOND

Wednesday, February 13, 2019 6:45 PM

Quote:
Originally posted by 6IXSTRINGJACK:
I don't even have to look to know that Second is right about this... or at least his numbers are closer.

When I started paying attention to the Debt Clock it was well over $6 Trillion and that was early in GWB's administration. The wheels didn't really come off until after 9/11 and the obscene increases in military spending that have never once tapered off in any meaningful fashion since.

Do Right, Be Right. :)

At the time it looked like a bribe for votes, but Bush was giving away money in 2001, before 9/11: The rebate was up to a maximum of $300 for single filers with no dependents, $500 for single parents, and $600 for married couples. Anybody who paid less than their maximum rebate amount in net taxes received that amount, meaning some people who did not pay any taxes did not receive rebates.

https://en.wikipedia.org/wiki/Economic_Growth_and_Tax_Relief_Reconcili
ation_Act_of_2001#Tax_rebate

I remember an actual $600 check from the Treasury coming in the mail. I was thinking that this will end badly. This is no way to run a country, just giving away money when it should have been used to reduce the National Debt.

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

6IXSTRINGJACK

Wednesday, February 13, 2019 6:51 PM

Yeah. I remember I got my full $300.

Do Right, Be Right. :)

SECOND

Wednesday, February 13, 2019 6:59 PM

Quote:
Originally posted by 6IXSTRINGJACK:
Yeah. I remember I got my full $300.

Do Right, Be Right. :)

But do you remember this completely false justification the Republicans gave? After Bush spouted nonsense, the Democrats politely called Bush a crazy liar and, it just so happens, time has proven the Democrats were correct:

President Bush said Saturday that the most important number in the budget he sends to Congress next week is the $5.6 trillion surplus it projects over the next 10 years.

That huge projected surplus provides the underpinning of all the administration's tax-cut and spending plans, Mr. Bush said in his recorded weekly radio address.

"A surplus in tax revenue, after all, means that taxpayers have been overcharged," the president said. "And usually when you've been overcharged, you expect to get something back." The surplus figure "counts more than any other" in the budget, he said.

Democrats cautioned that surpluses projected over so long a period can turn into elusive fool's gold. And they continued to insist that as it stands the Bush tax-cut plan unfairly favors the wealthy over those of more modest means. (Actual Democrats were much ruder because they remembered Bush as governor of Texas. And they remembered Reagan making promises to not overspend, and then doing the exact opposite about the National Debt.)

www.cbsnews.com/news/bush-surplus-justifies-tax-cut/

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

JEWELSTAITEFAN

Wednesday, February 13, 2019 10:17 PM

Quote:
Originally posted by 6IXSTRINGJACK:
I don't even have to look to know that Second is right about this... or at least his numbers are closer.

When I started paying attention to the Debt Clock it was well over $6 Trillion and that was early in GWB's administration. The wheels didn't really come off until after 9/11 and the obscene increases in military spending that have never once tapered off in any meaningful fashion since.

Do Right, Be Right. :)

So you believe the Federal Debt in your Fairy Tale is only little over half of the actual Gross Federal Debt?
CBO just released their updated Gross Federal Debt figures at the end of last month. Maybe you think they are lying, and you prefer the Fairy Libtard Tales?

SECOND

Wednesday, February 13, 2019 11:15 PM

Quote:
Originally posted by JEWELSTAITEFAN:
So you believe the Federal Debt in your Fairy Tale is only little over half of the actual Gross Federal Debt?
CBO just released their updated Gross Federal Debt figures at the end of last month. Maybe you think they are lying, and you prefer the Fairy Libtard Tales?

Do you realize that the numbers are available?
Do you realize you have been caught lying, again and again?
Do you realize that Clinton's revenues were higher than outlays?
www.cbo.gov/about/products/budget-economic-data#2

The xls file for January 2019
www.cbo.gov/system/files/2019-01/51134-2019-01-historicalbudgetdata.xl
sx

Revenues Outlays On-Budget
1989 991.1 1,143.7 -205.4
1990 1,032.0 1,253.0 -277.6
1991 1,055.0 1,324.2 -321.4
1992 1.091.2 1,381.5 -340.4
1993 1,154.3 1,409.4 -300.4
1994 1,258.6 1,461.8 -258.8
1995 1.351.8 1.515.7 -226.4
1996 1,453.1 1,560.5 -174.0
1997 1,579.2 1,601.1 -103.2
1998 1,721.7 1,652.5 -29.9
1999 1,827.5 1,701.8 1.9
2000 2,025.2 1,789.0 86.4
2001 1,991.1 1.862.8 -32.4
2002 1,853.1 2,010.9 -317.4
2003 1,782.3 2,159.9 -538.4
2004 1.880.1 2,292.8 -568.0
2005 2,153.6 2,472.0 -493.6
2006 2,406.9 2,655.1 -434.5
2007 2.568.0 2.728.7 -342.2
2008 2,524.0 2,982.5 -641.8
2009 2,105.0 3,517.7 -1,549.7
2010 2,162.7 3,457.1 -1,371.4
2011 2,303.5 3,603.1 -1,366.8
2012 2,450.0 3,536.9 -1,148.9
2013 2,775.1 3,454.6 -719.0
2014 3,021.5 3,506.1 -514.1
2015 3,249.9 3,688.4 -465.8
2016 3,268.0 3,852.6 -620.2
2017 3,316.2 3,981.6 -714.8
2018 3,328.7 4,107.8 -785.2

Figure 1-1 shows surpluses during the Clinton years
www.cbo.gov/system/files?file=2019-01/54918-Outlook-Summary.pdf
www.cbo.gov/publication/54918

The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly

JEWELSTAITEFAN

Friday, February 15, 2019 1:09 AM

Quote:
Originally posted by JEWELSTAITEFAN:
Quote:
Originally posted by 6IXSTRINGJACK:
I don't even have to look to know that Second is right about this... or at least his numbers are closer.

When I started paying attention to the Debt Clock it was well over $6 Trillion and that was early in GWB's administration. The wheels didn't really come off until after 9/11 and the obscene increases in military spending that have never once tapered off in any meaningful fashion since.

Do Right, Be Right. :)
So you believe the Federal Debt in your Fairy Tale is only little over half of the actual Gross Federal Debt?
CBO just released their updated Gross Federal Debt figures at the end of last month. Maybe you think they are lying, and you prefer the Fairy Libtard Tales?

Have you heard that just yesterday, the Federal Debt passed the $22 Trillion mark, for the first time ever? You can even find some Libtard MSM reports on it. Do you think they are lying? Do you think the entire world is lying, and the Debt is really your tiny Fake News number?
Or do you only believe the tiny Fake News number when your favorite Liberal is in Office, and then only believe the real figure (normally almost double) when your despised Conservative is in Office?

Debt Surpasses $22 Trillion:
https://ca.finance.yahoo.com/news/national-debt-effect-americans-22340
1667.html

Do you think the website US Debt Clock is lying to you, reporting the $22 Trillion figure instead of your Fake News $16 Trillion Figure?
http://usdebtclock.org/

Or are you just gullible enough to change what you believe from day to day depending upon the prevailing wind? I thought you said you were good with numbers, not as illiterate as second.

Have you ever heard of the Federal Debt Limit or Debt Ceiling in the past few years? Have you heard we keep bumping up against it, and we need to keep increasing the amount?
In 2018 the Debt Limit was between $21 Trillion and @22 Trillion.
In 2019 the Debt Limit is between $22 Trillion and $23 Trillion.
If the Federal Debt was really your fantasy Fake News number of $15T or $16T, then why did the Debt Limit need to be raised?

You may find the numbers yourself in Table 1-3 on Page 16 of the CBO Report from the end of last month. They have historical archives there, where you can find all of the number which I have already posted (and which you claimed were "wrong" or somesuch manure}.

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