Close
Results 1 to 10 of 48

Hybrid View

Previous Post Previous Post   Next Post Next Post
  1. #1
    Gong Shooter
    Join Date
    Apr 2020
    Location
    Thornton
    Posts
    356

    Default

    Quote Originally Posted by FoxtArt View Post
    Math isn't political.

    https://www.brookings.edu/articles/t...-in-real-time/

    https://bipartisanpolicy.org/report/deficit-tracker/

    https://fiscaldata.treasury.gov/amer...eral-spending/


    https://www.investopedia.com/us-debt...entage-7371225

    Trump has no interest in cutting the deficit, he's had plenty of opportunity. He does have interest in making you think he is.

    He does have interest in cutting funding for things he doesn't like, especially vindictively, while greatly expanding spending for things he does. Don't confuse that for him "helping" the common American or reducing the deficit (which he has never done). All of your expenses will continue to inflate.
    Except he will cut the deficit.
    According to the CBO, to the tune of 4 Trillion Dollars.
    Here: https://www.cbo.gov/publication/61697.

    You are forgetting or ignoring the impact/revenue of the Tariffs.
    Those monies collected will go to reducing the deficit.

    And as a "common American" he has helped me immensely.
    Maybe not you, but for me and my family 100%- thank you Pres Trump.
    Last edited by Oscar77; 09-25-2025 at 19:17.

  2. #2
    Grand Master Know It All eddiememphis's Avatar
    Join Date
    Mar 2018
    Location
    Denver
    Posts
    3,174

    Default

    Quote Originally Posted by Oscar77 View Post
    And as a "common American" he has helped me immensely.
    How so?

  3. #3
    Gong Shooter
    Join Date
    Apr 2020
    Location
    Thornton
    Posts
    356

    Default

    Quote Originally Posted by eddiememphis View Post
    How so?
    For me, the list is this:
    -dropping taxes on overtime and tips has been huge.
    -I've seen a drop in prices for food and gas.
    -the economy is booming and so my 401k's are exploding. As in up 18% YTD.

  4. #4
    Keyboard Operation Specialist FoxtArt's Avatar
    Join Date
    Feb 2013
    Location
    Montrose
    Posts
    2,762

    Default

    Quote Originally Posted by Oscar77 View Post
    Except he will cut the deficit.
    According to the CBO, to the tune of 4 Trillion Dollars.
    Here: https://www.cbo.gov/publication/61697.

    You are forgetting or ignoring the impact/revenue of the Tariffs.
    Those monies collected will go to reducing the deficit.

    And as a "common American" he has helped me immensely.
    Maybe not you, but for me and my family 100%- thank you Pres Trump.
    Projected increased to the "BBB" (big borrowing bill?) is 3.4 Trillion, which coincidentally matches the exact same revenue estimation of the tarrifs. They generously estimated another 700 billion in interest reduction due to deficit payoff, which isn't going to happen.

    This is akin to a guy announcing he's going to pay off his credit card debt of $324,000 because he made a $100 payment, which he says counts for an extra $14 in interest saved, all while charging an additional $125 to the same cards.

    Fun fact: The national debt now amounts to $324,000 per US. Taxpayer.

    Tarriff revenue is coming in. If it would reduce the deficit, you'd see those charts I just posted for monthly spending at least climbing slower than prior years? Sadly, it isn't. Deficit spending has increased.

    Every dollar of added revenue with this admin is already an additional dollar spent, often with another dime borrowed. None is servicing deficit.

    Tarriffs do ultimately affect inflation, though. It isn't free money, it is a Colorado-style backdoor tax on regular citizens. It just has some lag time before you really feel it.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •