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Pete F. · 01-28-2020, 05:23 PM

Here's some math for Trumplicans, remember to ignore the facts when you listen to Floridaman. Just use his alternate ones.

At Floridaman's campaign launch speech in July 2015, he said that the country would cross the “point of no return” if government debt ever exceeded $24 trillion. Remember this number.

Floridaman said he would eliminate all government debt “over a period of eight years,” and that renegotiated trade deals with China and other nations would be the key to how he would get it done. That's stupid, there’s no reason to expect improved trade relations with China or any other country to lead directly to lower borrowing by the federal government.

Floridaman has greatly increased the government’s borrowing requirements. A tax cut in 2017, another large reduction in revenue as part of the budget agreement last year. He made successive deals on appropriations that substantially increased spending for both defense and non-defense accounts.

These actions have put the federal government in the worst fiscal position it has ever been in during a period of relatively strong economic growth, and no it is not the greatest, blah, blah......

The actual deficits for 2018 and 2019 exceeded CBO’s 2017 forecast by $675 billion, even as growth over those years exceeded what CBO assumed would occur. CBO’s current forecast (which will be updated shortly) shows the cumulative budget deficit over 2018 to 2021 exceeding the forecast from January 2017 by $1.2 trillion.

Floridaman’s record on fiscal and spending issues over the past three years speaks for itself. He and the officials who support him have not implemented a serious plan to trim government spending, reform programs, or make the government more efficient. The government today looks almost exactly like it did three years ago, only it is substantially more expensive. So much for the great businessman.

Here's that number I told you to remember, the government’s gross debt—the measure of cumulative borrowing that candidate Floridaman referenced when he announced his candidacy in 2015—currently exceeds $23 trillion and will be approaching $24 trillion as voters go to the polls later this year.

There's probably a tweet to cure that.

01-28-2020, 05:23 PM	#88
Pete F. Canceled Join Date: Jun 2003 Location: vt Posts: 13,069	Here's some math for Trumplicans, remember to ignore the facts when you listen to Floridaman. Just use his alternate ones. At Floridaman's campaign launch speech in July 2015, he said that the country would cross the “point of no return” if government debt ever exceeded $24 trillion. Remember this number. Floridaman said he would eliminate all government debt “over a period of eight years,” and that renegotiated trade deals with China and other nations would be the key to how he would get it done. That's stupid, there’s no reason to expect improved trade relations with China or any other country to lead directly to lower borrowing by the federal government. Floridaman has greatly increased the government’s borrowing requirements. A tax cut in 2017, another large reduction in revenue as part of the budget agreement last year. He made successive deals on appropriations that substantially increased spending for both defense and non-defense accounts. These actions have put the federal government in the worst fiscal position it has ever been in during a period of relatively strong economic growth, and no it is not the greatest, blah, blah...... The actual deficits for 2018 and 2019 exceeded CBO’s 2017 forecast by $675 billion, even as growth over those years exceeded what CBO assumed would occur. CBO’s current forecast (which will be updated shortly) shows the cumulative budget deficit over 2018 to 2021 exceeding the forecast from January 2017 by $1.2 trillion. Floridaman’s record on fiscal and spending issues over the past three years speaks for itself. He and the officials who support him have not implemented a serious plan to trim government spending, reform programs, or make the government more efficient. The government today looks almost exactly like it did three years ago, only it is substantially more expensive. So much for the great businessman. Here's that number I told you to remember, the government’s gross debt—the measure of cumulative borrowing that candidate Floridaman referenced when he announced his candidacy in 2015—currently exceeds $23 trillion and will be approaching $24 trillion as voters go to the polls later this year. There's probably a tweet to cure that.
	Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind! Niles: You have met “people”, haven’t you? Lets Go Darwin