Your monthly budget report from the Treasury

[transporter]

The report is available here: https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0818.pdf

For those who are incapable of clicking on links, here are the highlights:

Federal deficit for Aug 2018: $214 billion vs $108 billion in Aug 2017

FY 2018 Federal deficit thru Aug 2018: $898 billion vs $674 billion FY 2017 thru Aug 2017

In FY 2016, the deficit was $585 billion. Under Republican control of Congress and Trump as President...all Republicans who are supposed to be fiscal hawks...the deficit has grown by $300 billion....that is an increase of 53.5% (and we still have one more month to go!)...this happens...

* in two years

* in a GROWING economy

*in a low inflation environment

*in a low interest rate environment.

THAT should not happen and is an utter failure of governing and fiscal responsibilities.

Where are all you conservatives?? Where in the hell are actual Republicans??? What about this DON'T YOU UNDERSTAND?!?!?!

 

[Sapidus]

Just wait until you see how tall that wall is.

Just wait till you see how much money we are gonna save

Just wait till you see how much he cut our taxes.

Wait till you see all those coal miners mining


Ad naseum

 

[CPUSA]

Both of you nutter fluffers resemble this...

 

[Sapidus]

View attachment 124807

Both of you nutter fluffers resemble this...

What are you even trying to say? That somehow its the Democrats fault that the deficit nearly doubled in a year under Trump?


You need to learn how to meme better

 

[GURPS]

the deficit nearly doubled in a year under Trump?

 

[GURPS]

the deficit nearly doubled in a year under Trump?

 

[SamSpade]

As a general rule - if the economy is growing fast enough - increasing the deficit isn't a bad thing in the short term.
If the next quarter ends with 4.4% growth - as it is expected to - this isn't catastrophic if spending is cut afterward.

Let's try to remember the several years of 1 trillion+ deficits under OBAMA - when the economy was tanking or slugging along at 1-2%.

 

[Gilligan]

Just wait until you see how tall that wall is.

Just wait till you see how much money we are gonna save

Just wait till you see how much he cut our taxes.

Wait till you see all those coal miners mining

Glad to see you are finally on board the Trump train!!

 

[limblips]

Apparently sappy and tranny missed the fact that because of the way the calendar fell there was a large expenditure in benefits in August because the first of September fell on a Saturday and we all know the basement dwellers and holders of EBT cards need their $hit.

 

[Hijinx]

I saw this on Google.

Since President Barack Obama took office, the national debt has nearly doubled, growing from $10.6 trillion to exceed $19 trillion. In dollar terms, this is the largest increase in the national debt in U.S. history.

I can wait a while before condemning Trump.