06 Feb 23
@averagejoe1 saidIt would be too tedious to go through all these from the worst economist in recent history, but as to Point 1, the Federal deficit in 2020 was $3.1 trillion. In FY 2021, it was reduced to about $2.8 trillion and that was including the last four months of the Trump administration. And it has been reduced to $1.4 trillion in FY 2022 Biden's first full fiscal year.
https://nypost.com/2023/02/05/six-lies-biden-will-tell-in-his-state-of-the-union/
Does anyone deny that these are lies? They are even explained for you libs!!!
Editor's Note: I have a feeling we will hear a few Boooos from the floor!!
So where's the "lie"?
06 Feb 23
@no1marauder saidhttps://nypost.com/2023/02/03/bidens-economic-lies-show-hes-either-a-deluded-narcissist-or-a-total-fraud/
It would be too tedious to go through all these from the worst economist in recent history, but as to Point 1, the Federal deficit in 2020 was $3.1 trillion. In FY 2021, it was reduced to about $2.8 trillion and that was including the last four months of the Trump administration. And it has been reduced to $1.4 trillion in FY 2022 Biden's first full fiscal year.
So where's the "lie"?
Well, here is another 'all wrong' article about a man who can do no wrong. You know, I like you for sure, Marauder, but you really may have some folks everywhere who might consider you a might disingenuous when you consider a man, any man, who is caught up in so much stuff, to be squeaky clean.
I consider you disingenuous, but you don't have to worry about what I think. I would ask you to tell us one itsy bitty think he has done wrong, but it may put you on the spot.
😆
06 Feb 23
@averagejoe1 saidWhen are you going to think for yourself and stop taking Murdoch's word for it? The only narcissist and total fraud is one Keith Rupert Murdoch, would be King Maker and power behind the throne who would spin any fact to increase his audience and sell more advertising.
https://nypost.com/2023/02/03/bidens-economic-lies-show-hes-either-a-deluded-narcissist-or-a-total-fraud/
Well, here is another 'all wrong' article about a man who can do no wrong. You know, I like you for sure, Marauder, but you really may have some folks everywhere who might consider you a might disingenuous when you consider a man, any man, who is caught up in so ...[text shortened]... k you to tell us one itsy bitty think he has done wrong, but it may put you on the spot.
😆
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06 Feb 23
@no1marauder saidand now for the truth...
It would be too tedious to go through all these from the worst economist in recent history, but as to Point 1, the Federal deficit in 2020 was $3.1 trillion. In FY 2021, it was reduced to about $2.8 trillion and that was including the last four months of the Trump administration. And it has been reduced to $1.4 trillion in FY 2022 Biden's first full fiscal year.
So where's the "lie"?
"The federal government ran a deficit of $85 billion in December 2022, $64 billion higher than the deficit of $21 billion that was recorded in December 2021. Spending was up by $32 billion relative to last year; about half of that amount stems from higher interest payments, largely because interest rates have risen. Total revenues fell by $32 billion — collections of individual income taxes decreased by $38 billion; that decline was partially offset by small increases in payroll and corporate income taxes.
The cumulative deficit so far this year is $44 billion above last year’s level. However, because October 1 fell on a weekend in 2022, certain federal payments were shifted into September, leading to a $63 billion decrease outlays for this fiscal year. Furthermore, like FY22, certain payments that would have occurred on January 1, a holiday, were made in December Without such shifts, the cumulative deficit for FY23 to date would have been $105 billion greater than the first quarter of FY22.
For the first three months of FY23, total outlays were $1.4 trillion, around $17 billion higher than the same period in the previous year (not accounting for timing shifts). Growth in outlays was driven by interest payments, which were $43 billion above the amount recorded in the first quarter of FY22. In addition, outlays were higher by $10 billion or more in areas such as Social Security, student loans, and Medicaid. Partially offsetting those increases in outlays were decreases in advance payments for the child tax credit (which are recorded as outlays), Medicare (because some payments were shifted into FY22), and the Public Health and Social Services Emergency Fund.
https://www.pgpf.org/the-current-federal-budget-deficit
06 Feb 23
@mott-the-hoople saidIts good to see that you're not a narrow parochial Republican and are willing to take on information by the Peter G Peterson Foundation, a man that helped Nixon junk Bretton Woods and served on the CFR and Lehman Brothers. A true globalist...not that there's anything wrong with that....right?
https://www.pgpf.org/the-current-federal-budget-deficit
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07 Feb 23
@kmax87 saidhe is dead, you know that right?
Its good to see that you're not a narrow parochial Republican and are willing to take on information by the Peter G Peterson Foundation, a man that helped Nixon junk Bretton Woods and served on the CFR and Lehman Brothers. A true globalist...not that there's anything wrong with that....right?
07 Feb 23
@mott-the-hoople saidThere's considerable variation in monthly figures, so those figures are pretty meaningless.
and now for the truth...
"The federal government ran a deficit of $85 billion in December 2022, $64 billion higher than the deficit of $21 billion that was recorded in December 2021. Spending was up by $32 billion relative to last year; about half of that amount stems from higher interest payments, largely because interest rates have risen. Total revenues fell by $ ...[text shortened]... lth and Social Services Emergency Fund.
https://www.pgpf.org/the-current-federal-budget-deficit
In any event, the budget deficit is way down from Trump's last full fiscal yeat.
07 Feb 23
@mott-the-hoople saidYup but his 'truth' lives on through his foundation...
he is dead, you know that right?
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07 Feb 23
@no1marauder saiddid covid affect this?
There's considerable variation in monthly figures, so those figures are pretty meaningless.
In any event, the budget deficit is way down from Trump's last full fiscal yeat.
07 Feb 23
1 edit
@kmax87 saidWhy are you fellas all about approving Obama running your party from the wings, thus a Kingmaker, if there ever was one? THAT Kingmaker is cool, but we don't get to have a Kingmaker. You fellers never close your points.
When are you going to think for yourself and stop taking Murdoch's word for it? The only narcissist and total fraud is one Keith Rupert Murdoch, would be King Maker and power behind the throne who would spin any fact to increase his audience and sell more advertising.
07 Feb 23
@averagejoe1 saidWho wrote that speech?
https://nypost.com/2023/02/05/six-lies-biden-will-tell-in-his-state-of-the-union/
Does anyone deny that these are lies? They are even explained for you libs!!!
Editor's Note: I have a feeling we will hear a few Boooos from the floor!!
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07 Feb 23
@no1marauder saidso bidens claims , and yours are irrelevant . covid skewed these numbers but you compare to regular times.
Of course. It still does, though not as much.