Deficits

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ChrisoftheNorth
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dubshow wrote: Tue Oct 22, 2019 2:12 pm
Detroit wrote: Tue Oct 22, 2019 2:09 pm I'd like to think that the fed acting proactively could lessen the impact of a recession.

I know that I'm likely :wrong: :doe:
its not a right or wrong. Just a different way of using debt to cut the black tar heroin down.
:popcorn:
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: Tue Oct 22, 2019 2:09 pm I'd like to think that the fed acting proactively could lessen the impact of a recession.

I know that I'm likely :wrong: :doe:
Seems to be a precursor to the inevitable.

:thisisfine:
4zilch wrote: Mon Apr 12, 2021 8:46 am I'm a fucking failure.
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ChrisoftheNorth
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Melon wrote: Tue Oct 22, 2019 2:18 pm
Detroit wrote: Tue Oct 22, 2019 2:09 pm I'd like to think that the fed acting proactively could lessen the impact of a recession.

I know that I'm likely :wrong: :doe:
Seems to be a precursor to the inevitable.

:thisisfine:
It's absolutely the inevitable.

But if it could not be full-blown :nuke: again, that would be great.
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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Detroit wrote: Tue Oct 22, 2019 2:19 pm
Melon wrote: Tue Oct 22, 2019 2:18 pm

Seems to be a precursor to the inevitable.

:thisisfine:
It's absolutely the inevitable.

But if it could not be full-blown :nuke: again, that would be great.
:dat:

We’ll have to see if it was “right or :wrong: “ but if the inevitable recession is lessened that’s a plus in my book.
dubshow
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:thisisfine:

:mindblown:

https://www.cnsnews.com/commentary/tere ... ecord-fy20

excel for ref.

https://www.whitehouse.gov/wp-content/u ... y2020.xlsx
Federal spending programs that are "designed to transfer income ... to individuals or families" are set to hit a record $3,223,943,000,000 in fiscal 2020, according to projections published by the Office of Management and Budget.

These so-called "payments for individuals" (as the OMB calls them) are projected to account for 67.9% of all federal spending this fiscal year and consume 14.4% of the nation's gross domestic product.
In 1940, the federal government spent only 2.1% of GDP on "payments for individuals." As a percentage of GDP, these payments peaked in fiscal 2010 at 15.5%.
When the projected debt total for the end of this fiscal year ($24,057,463,000,000) is compared to the debt at the close of previous fiscal years (after they have been adjusted into constant September 2019 dollars using the Bureau of Labor Statistics inflation calculator), it, too, is a record.

The people who run our government are truly record setters — when it comes to taking money from one group and giving it to another.

That includes taking money from future generations and spending it on their own.
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goIftdibrad
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dubshow wrote: Wed Oct 23, 2019 11:03 am :thisisfine:

:mindblown:

https://www.cnsnews.com/commentary/tere ... ecord-fy20

excel for ref.

https://www.whitehouse.gov/wp-content/u ... y2020.xlsx
Federal spending programs that are "designed to transfer income ... to individuals or families" are set to hit a record $3,223,943,000,000 in fiscal 2020, according to projections published by the Office of Management and Budget.

These so-called "payments for individuals" (as the OMB calls them) are projected to account for 67.9% of all federal spending this fiscal year and consume 14.4% of the nation's gross domestic product.
In 1940, the federal government spent only 2.1% of GDP on "payments for individuals." As a percentage of GDP, these payments peaked in fiscal 2010 at 15.5%.
When the projected debt total for the end of this fiscal year ($24,057,463,000,000) is compared to the debt at the close of previous fiscal years (after they have been adjusted into constant September 2019 dollars using the Bureau of Labor Statistics inflation calculator), it, too, is a record.

The people who run our government are truly record setters — when it comes to taking money from one group and giving it to another.

That includes taking money from future generations and spending it on their own.
Bruh... 3.22 trillion in transfers..

$3.643 trillion revenue. That leaves only 423 billion for the rest of the entirety of the government without going more into debt. Which we will to the tune of another trillion fucking dollars!

:dafuq: :thankstrump: :dafuq:
brain go brrrrrr
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Big Brain Bradley wrote: Wed Oct 23, 2019 11:18 am
Bruh... 3.22 trillion in transfers..

$3.643 trillion revenue. That leaves only 423 billion for the rest of the entirety of the government without going more into debt. Which we will to the tune of another trillion fucking dollars!

:dafuq: :thankstrump: :dafuq:
:math: dont lie. :sad:

:thisisfine: :thisisfine: :thisisfine:
:thisisfine: :wtf: :thisisfine:
:thisisfine: :thisisfine: :thisisfine:
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Are we tired of winning yet?
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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goIftdibrad
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wap wrote: Wed Oct 23, 2019 1:16 pm Are we tired of winning yet?
What are we winning
brain go brrrrrr
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wap
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Big Brain Bradley wrote: Wed Oct 23, 2019 1:20 pm
wap wrote: Wed Oct 23, 2019 1:16 pm Are we tired of winning yet?
What are we winning
Don;t ask me.
:thankstrump: told us we'd be winning so much that we'd get tired of winning.

:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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goIftdibrad
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wap wrote: Wed Oct 23, 2019 1:26 pm
Big Brain Bradley wrote: Wed Oct 23, 2019 1:20 pm

What are we winning
Don;t ask me.
:thankstrump: told us we'd be winning so much that we'd get tired of winning.

Trump is an idiot RINO
brain go brrrrrr
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ChrisoftheNorth
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wap wrote: Wed Oct 23, 2019 1:16 pm Are we tired of winning yet?
:lolol:
Desertbreh wrote: Tue Oct 10, 2017 6:40 pm My guess would be that Chris took some time off because he has read the dialogue on this page 1,345 times and decided to spend some of his free time doing something besides beating a horse to death.
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wap
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Big Brain Bradley wrote: Wed Oct 23, 2019 1:52 pm
wap wrote: Wed Oct 23, 2019 1:26 pm

Don;t ask me.
:thankstrump: told us we'd be winning so much that we'd get tired of winning.

Trump is an idiot
:dat:
:wap: Where are these mangos?
Detroit wrote: Fri Apr 16, 2021 1:19 pm I don't understand anything anymore.
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