SuzukiSavage.com
/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> deficit /cgi-bin/YaBB.pl?num=1666373308 Message started by Serowbot on 10/21/22 at 10:28:28 |
Title: deficit Post by Serowbot on 10/21/22 at 10:28:28 Here's a quick History Lesson: All four Republican presidents since 1980 increased the federal deficit during their time in office: Ronald Reagan had a 94% increase, George H.W. Bush had a 67% increase, George W. Bush had a 1,204% increase, and Trump had a 317% increase. The two Democratic presidents since 1980 decreased the federal deficit: Bill Clinton had a 150% decrease to end his presidency with a federal surplus of $128 billion, and Barack Obama decreased the deficit by 53%. |
Title: Re: deficit Post by pg on 10/21/22 at 17:58:54 Since you posted for me to never ask you to cite your source ever again, I won't. However, I will post more accurate and detailed information without providing the source of my material either. President Donald Trump Total Actual plus Budgeted = $6.612 trillion, a 33% increase FY 2021: $966 billion budgeted + $600 billion from pandemic impact = $1.566 trillion FY 2020: $1.083 trillion budgeted + $2.2 trillion from pandemic = $3.283 trillion FY 2019: $984 billion FY 2018: $779 billion President Barack Obama Total = $6.781 trillion, a 58% increase FY 2017: $665 billion. Although Trump requested additional spending, Congress did not approve it. FY 2016: $585 billion FY 2015: $442 billion FY 2014: $485 billion FY 2013: $680 billion FY 2012: $1.077 trillion FY 2011: $1.300 trillion FY 2010: $1.5 trillion. This is the sum of $1.294 trillion and $253 billion from the Obama Stimulus Act that was attached to the FY 2009 budget. President George W. Bush Total = $3.293 trillion, a 57% increase FY 2009: $1.16 trillion. This amount is calculated from $1.413 trillion, minus $253 billion from Obama's Stimulus Act. FY 2008: $459 billion FY 2007: $161 billion FY 2006: $248 billion FY 2005: $318 billion FY 2004: $413 billion FY 2003: $378 billion FY 2002: $158 billion President Bill Clinton Total = $63 billion surplus, a 1% decrease FY 2001: $128 billion surplus FY 2000: $236 billion surplus FY 1999: $126 billion surplus FY 1998: $69 billion surplus FY 1997: $22 billion FY 1996: $107 billion FY 1995: $164 billion FY 1994: $203 billion President George H.W. Bush Total = $1.036 trillion, a 36% increase FY 1993: $255 billion FY 1992: $290 billion FY 1991: $269 billion FY 1990: $221 billion President Ronald Reagan Total = $1.412 trillion, a 142% increase FY 1989: $153 billion FY 1988: $155 billion FY 1987: $150 billion FY 1986: $221 billion FY 1985: $212 billion FY 1984: $185 billion FY 1983: $208 billion FY 1982: $128 billion President Jimmy Carter Total = $253 billion, a 36% increase FY 1981: $79 billion FY 1980: $74 billion FY 1979: $41 billion FY 1978: $59 billion President Gerald Ford Total = $181 billion, a 38% increase FY 1977: $54 billion FY 1976: $74 billion FY 1975: $53 billion President Richard Nixon Total = $70 billion, a 20% increase FY 1974: $6 billion FY 1973: $15 billion FY 1972: $23 billion FY 1971: $23 billion FY 1970: $3 billion President Lyndon B. Johnson Total = $36 billion, an 11% increase FY 1969: $3 billion surplus FY 1968: $25 billion FY 1967: $9 billion FY 1966: $4 billion FY 1965: $1 billion President John F. Kennedy Total = $18 billion, a 6% increase FY 1964: $6 billion FY 1963: $5 billion FY 1962: $7 billion President Dwight Eisenhower Total = $15 billion, a 6% increase FY 1961: $3 billion FY 1960: $0 billion with a slight surplus FY 1959: $13 billion FY 1958: $3 billion FY 1957: $3 billion surplus FY 1956: $4 billion surplus FY 1955: $3 billion FY 1954: $1 billion President Harry Truman Total = $5 billion, a 2% increase FY 1953: $6 billion FY 1952: $2 billion FY 1951: $6 billion surplus FY 1950: $3 billion FY 1949: $1 billion surplus FY 1948: $12 billion surplus FY 1947: $4 billion surplus FY 1946: $16 billion President Franklin D. Roosevelt Total = $194 billion, a 186% increase FY 1945: $48 billion FY 1944: $48 billion FY 1943: $55 billion FY 1942: $21 billion FY 1941: $5 billion FY 1940: $3 billion FY 1939: $3 billion FY 1938: $0 billion with a slight deficit FY 1937: $2 billion FY 1936: $4 billion FY 1935: $3 billion FY 1934: $4 billion President Herbert Hoover Total = $5 billion, a 30% increase FY 1933: $3 billion FY 1932: $3 billion FY 1931: $0 billion (slight deficit) FY 1930: $1 billion surplus President Calvin Coolidge Total = $5 billion surplus, a 26% decrease FY 1929: $1 billion surplus FY 1928: $1 billion surplus FY 1927: $1 billion surplus FY 1926: $1 billion surplus FY 1925: $1 billion surplus FY 1924: $1 billion surplus President Warren G. Harding Total = $1 billion surplus, a 6% decrease FY 1923: $1 billion surplus FY 1922: $0 billion with a slight surplus President Woodrow Wilson Total = $22 billion, a 775% increase FY 1921: $1 billion surplus FY 1920: $0 billion with a slight surplus FY 1919: $13 billion FY 1918: $9 billion FY 1917: $1 billion FY 1916: $0 billion with a slight surplus FY 1915: $0 billion with a slight surplus FY 1914: $0 billion Best regards, |
Title: Re: deficit Post by justin_o_guy2 on 10/21/22 at 22:02:43 So, does that mean things are going well? https://www.thegatewaypundit.com/wp-content/uploads/IMG_8624-2.jpg Gas,food,getting pretty high. What does the minimum wage need to be Now? |
Title: Re: deficit Post by WebsterMark on 10/22/22 at 05:09:49 4F594E534B5E53483C0 wrote:
This is the ultimate example of that famous saying; statistics are like lampposts for drunks. They’re used more for support than illumination. The massive government Covid spending spree is over plus companies coming back on line (to a much smaller degree than before) are paying taxes so when you put those two things together over a narrow range in time, you see a shrinking deficit. Now, the politician and their supporting cast in the media will claim this is evidence their policies will deliver this trend continuously. But in my world, when you analyze companywide sales revenue for example and you look at a narrow range in time, you could say sales are up and you think holy cow everything is going great. But that’s not always the case. When you look at broader, historical trends and you realize the pattern is a temporary one that repeats itself over and over, you realize claiming this as long term success demonstrate your foolishness and will only get you fired. This is why this administration saying they created more jobs than any other president is ridiculous. They created more jobs because there has been such a loss of jobs that measuring the period of time during the recovery and comparing that to historical long-term trends is preposterous. That’s like taking your bank account on payday and extrapolating it out for 365 days and saying your income is that particular day multiplied by 365. No one does that except in politics. That’s what’s going on here and you fell for it. So put on your little blue team jersey, grab your pendant stand up and cheer “yay us” for now but remember, you’re not even to halftime. |
SuzukiSavage.com » Powered by YaBB 2.2! YaBB © 2000-2007. All Rights Reserved. |