Trump's Budget
POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
VIEWED: 32160
PAGE 22 of 32
In CBO’s projections, the deficit will exceed $1 trillion next year and continue growing in the future. CBO projects that deficits will average $1.2 trillion between 2020 and 2029, or 4.7 percent of gross domestic product (GDP). Such large deficits would be unusual during a period of economic expansion, and would limit the government’s ability to respond to future economic downturns.
www.pgpf.org/blog/2019/08/deficits-much-larger-than-projected-just-thr
ee-months-ago-and-other-key-takeaways-from-the-cbo-report
The Joss Whedon script for Serenity, where Wash lives, is Serenity-190pages.pdf at www.mediafire.com/folder/1uwh75oa407q8/Firefly
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Quote:BEA released a new report today.
Originally posted by JEWELSTAITEFAN:
BEA released a report today, but the numbers seem goofy. It claims the 1st Calendar Quarter had $201.0 B increase of Current-Dollar GDP. Says this is the same as in the last report.
And 2nd Calendar Quarter increase of 239.1 B, to a level of 21.34 Trillion.
Last month it said the 1st Cal Q was 195.0 B, to level of 21.06 T.
I need to look into this more, to find what their errors are.
21.06 plus revised 0.0060 would be 21.06 or 21.07 T, and then another 0.2391 T would be 21.30 or 21.31 T.
The numbers are still goofy. They don't add up, again. There is no correction to the bad data from last month, and the bad data continues this month.
This seems to represent a break in the data, a change from one set of continuous data, now to some different set of data which is incompatible with the past data.
I have not yet found any explanation or technical note to reconcile these streams of data.
The new report says CY Q2 is $240.3 B - which is also FY Q3.
Up to a level of $21.34 T.
and the last Quarter (FY Q2) is still reported as $201.0 B
Next GDP report is 26 September.
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Quote:They have erased the historical data, it seems.
Originally posted by JEWELSTAITEFAN:Quote:BEA released a new report today.
Originally posted by JEWELSTAITEFAN:
BEA released a report today, but the numbers seem goofy. It claims the 1st Calendar Quarter had $201.0 B increase of Current-Dollar GDP. Says this is the same as in the last report.
And 2nd Calendar Quarter increase of 239.1 B, to a level of 21.34 Trillion.
Last month it said the 1st Cal Q was 195.0 B, to level of 21.06 T.
I need to look into this more, to find what their errors are.
21.06 plus revised 0.0060 would be 21.06 or 21.07 T, and then another 0.2391 T would be 21.30 or 21.31 T.
The numbers are still goofy. They don't add up, again. There is no correction to the bad data from last month, and the bad data continues this month.
This seems to represent a break in the data, a change from one set of continuous data, now to some different set of data which is incompatible with the past data.
I have not yet found any explanation or technical note to reconcile these streams of data.
The new report says CY Q2 is $240.3 B - which is also FY Q3.
Up to a level of $21.34 T.
and the last Quarter (FY Q2) is still reported as $201.0 B
Next GDP report is 26 September.
At this site, the data shows how much was altered, back to CY13 Q4 at $17,083.1 B:
https://www.bea.gov/data/gdp/gross-domestic-product/gdp-gdi-vintage-hi
story
It is labeled as "vintage" but has all of the data since that time erased.
As well, it seems all of the archived News Releases have also been altered with the data erased.
I can only see clearly what the differences are between historical reality and the new Fake Reports for as far back as I have the reports saved on my phone, where I downloaded them.
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I will try to revise this post with the new data, first introduced 26 July 2019.
And with new GDP data from 26 July, which does not add up, so it must be partially wrong:
$201.0 B for 2019Q2 (est). More than I expected, and enough to surpass the 4-Quarter $1 T Mark.
The 4th consecutive Quarter showing the prior 4 Quarters increased more than $1 Trillion GDP - which never before happened in a 4 Quarter span.
The last several reports have been persistently rounding off the figure totals by 3 or 4 digits, so that the figures I'm posting are based upon addition, stacked many times, and could be subject to correction.
Here I'll include 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 16603.8 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 20658.2 20210.7 20500.6 20049.4 +161
19 20865.1 21066.1 2134?.?
New altered data starting 26 July 2019:
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 16603.8 16784.9 17288.1 --344
14 17083.1 17104.6 17432.9 17721.7 17335.6 17527.3
15 17849.9 17984.2 18219.4 18344.7 18099.8 18224.8
16 18350.8 18424.3 18637.3 18806.7 18554.8 18715.1
17 18991.9 19190.4 19356.6 19611.7 19287.7 19519.4
18 19918.9 20163.2 20510.2 20749.8 20335.5 20580.3
19 20897.8 21098.8 21337.9
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 accomplishes 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)
347.0 FY2018 Q3 (new data)
328.3 FY2014 Q3
307.2 FY2018
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Quote:But what does that have to do with the soaring Federal deficit? (a product of BOTH parties)
Originally posted by JEWELSTAITEFAN:
So it looks clear that Trump is the only President to accomplish more than $875 Billion of GDP Growth in any 4-Quarter period.
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I recently heard a fun fact. If you earn $30,000 you are in the Most Wealthy 1% in the World.
I also recently heard a concise summary of a few incisive points.
There is $70 Trillion of worldwide Currency. Since 2014, China has printed $60 Trillion in currency.
China runs a Debt-to-GDP ratio of 480%.
In a functional economy (which excludes China), a failing economy spurs Low or Zero Interest Rates. Thee Low Rates are not beneficial to the Poor, and very minimally to the Middle Class. These Low Rates are completely accessible and beneficial to the Wealthy. These Low Rates are what exacerbate the Wealth Gap. This is why Obama worked so feverishly for 8 years to destroy the economy, so he could widen the Wealth Gap, garner resentment between Classes, while also foisting everybody onto Government Handouts and Subsistence.
Therefore:
Most folk understand that China continuing on their unsustainable path will not result in their paying their debts, but defaulting into War with the creditors. The world is funding the Chinese War Machine, which will destroy the lenders.
I don't think many Libtards comprehend how Obama widened the Wealth Gap by destroaying the economy for 8-10 years.
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Updated with new GDP data from 29 August, using the New Revised data from July 2019:
$201.0 B for 2019Q2 (est).
The 4th consecutive Quarter showing the prior 4 Quarters increased more than $1 Trillion GDP - which never before happened in a 4 Quarter span.
The last several reports have been persistently rounding off the figure totals by 3 or 4 digits, so that the figures I'm posting are based upon addition, stacked many times, and could be subject to correction.
Here I'll include 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 16603.8 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 20658.2 20210.7 20500.6 20049.4 +161
19 20865.1 21066.1 2134?.?
New altered data starting 26 July 2019:
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 16603.8 16784.9 17288.1 --344
14 17083.1 17104.6 17432.9 17721.7 17335.6 17527.3
15 17849.9 17984.2 18219.4 18344.7 18099.8 18224.8
16 18350.8 18424.3 18637.3 18806.7 18554.8 18715.1
17 18991.9 19190.4 19356.6 19611.7 19287.7 19519.4
18 19918.9 20163.2 20510.2 20749.8 20335.5 20580.3
19 20897.8 21098.8 21339.1
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 accomplishes 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)
347.0 FY2018 Q3
328.3 FY2014 Q3
307.2 FY2018 Q1
288.8 FY2014 Q4
271.6 FY2006 Q2
255.1 FY2017 Q4
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Updated with today's CBO Report.
I think I will go forward with data from the Monthly Treasury Statement each month. It has already been shown that CBO distorts and Fakes their data, and the more accurate MTS is usually less than a week later.
I won't redo all the past years, but will look up the FY2019 data.
The projected Deficit numbers will continue to be from CBO, since I have not seen Treasury delve into that. I should check OMB.
https://fiscal.treasury.gov/reports-statements/mts/
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0219.p
df
CBO still has this new format to their report, which again tried to hide the numbers, since highly partisan Deep State CBO was too incompetent to report clearly.
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 Octo Nove Dece Janu Febr Marc Apri MayM 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
Projt -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
Projt -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 -6$2 -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
Projt -873 -873 -873 -873 -873 -873 -804 -792 -793 -793 -793 -793
%Prj7 -911 -734 -713 -736 -741 -757 -747 -815 -776 -799 -885 -782
%Prj6 -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 $205 $312 $340 $171
Out19 $353 $408 $324 $331 $398
SDEst -$98 -203 -012 +$09 -227
Act19 -100 -205 -013 +$09 -234
Rev19 $253 $458 $771 1111 1282
Out19 $353 $761 1088 1421 1819
SDEst -$98 -303 -317 -310 -537
Act19 -100 -305 -318 -310 -544
Projt -985 -985 -985 -897 -897 -897 -897 -897 -897 -897
%Pjt
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Updated with today's MTS.
I think I will go forward with data from the Monthly Treasury Statement each month. It has already been shown that CBO distorts and Fakes their data, and the more accurate MTS is usually less than a week later.
I won't redo all the past years, but will look up the FY2019 data.
The projected Deficit numbers will continue to be from CBO, since I have not seen Treasury delve into that. I should check OMB.
https://fiscal.treasury.gov/reports-statements/mts/
https://www.fiscal.treasury.gov/files/reports-statements/mts/mts0819.p
df
CBO still has this new format to their report, which again tried to hide the numbers, since highly partisan Deep State CBO was too incompetent to report clearly.
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 Octo Nove Dece Janu Febr Marc Apri MayM 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
Projt -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
Projt -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 -6$2 -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
Projt -873 -873 -873 -873 -873 -873 -804 -792 -793 -793 -793 -793
%Prj7 -911 -734 -713 -736 -741 -757 -747 -815 -776 -799 -885 -782
%Prj6 -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 $205 $312 $340 $171
Out19 $353 $408 $324 $331 $398
SDEst -$98 -203 -012 +$09 -227
Act19 -100 -205 -013 +$09 -234
Rev19 $253 $458 $771 1111 1282
Out19 $353 $761 1088 1421 1819
SDEst -$98 -303 -317 -310 -537
Act19 -100 -305 -318 -310 -544
Projt -985 -985 -985 -897 -897 -897 -897 -897 -897 -897
%Pjt8 1212
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Quote:I didn't respond right away because I didn't want to give the answer short shrift - when I knew I wouldn't have time and access.
Originally posted by 1kiki:Quote:But what does that have to do with the soaring Federal deficit? (a product of BOTH parties)
Originally posted by JEWELSTAITEFAN:
So it looks clear that Trump is the only President to accomplish more than $875 Billion of GDP Growth in any 4-Quarter period.
I think you might be asking 2 questions, or at least one of 2.
1. What is the connection between GDP Growth and Federal Deficit (and also Federal Debt)?
2. What is the relationship of each Party regarding the Federal Deficit and GDP? Or at least between Trump and Federal Deficit.
1. Federal Deficit is a result of Government Spending. Excessive Revenues have never caused a Deficit of the Federal Budget. Government, and it's Spending, as well as it's confiscatory consuption of Taxes, are all parasites of the GDP - a giant succubus.
To generate more Revenue through taxation, the best way is to generate more GDP. The more GDP, the more Revenues can be collected, without any additional Spending to create that GDP. So, by increasing the GDP and allowing Americans to be productive can make it easier and unobtrusive to collect more Revenues without any need to spend more, and thus can turn Federal Deficit into Federal Surplus.
It is vastly harder to increase Revenues when GDP is swamped, struggling, choked out, depressed and recessed.
These are not automatically following, but actions must be taken to enforce this functional process.
2. Democrats Spend more than they take in as Revenue. No matter how much Revenue the Economy generates for their coffers, Democrats always find multitudes of ways to spend more money on non-Taxpayers than the Taxpayers provided. Republicans must reverse the Economic disasters of the Democrats, and sometimes must stimulate the Economy to accomplish this.
Carter, Clinton and Obama increased the Federal Debt through spending, and Reagan, Gingrich, Bush43, and Trump increased Revenues through GDP Growth.
I did not vote for Trump. I had little doubt that if any GOP candidate won (Trump or other), the GDP would be released and unburdened, and grow. But I also had little faith that Trump would make any true effort to reduce the Federal Debt, reverse the Federal Deficit. Partly because of his history of Bankrupcies, and his wheeler-dealer practices, I felt he would merely use Budgets as bargaining chips, to be discarded at the first opportunity. Because my number 1 issue is Debt reduction, I could not vote for Trump for these reasons.
So, these increases in GDP can make it easier to balance the Federal Budget, but at the moment Democrats are in charge of spending, and therefore dragging the Budget through the gutter. If more cost-conscious Congressmen are elected, then we could hope to eliminate the Deficit, and start paying down the Debt. If we can just cease the wasteful and excessive spending. Growth of GDP should be reducing the need for spending, not making more and more couch potatoes dependant upon Government handouts.
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