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-   -   Deficits - How Did This Happen? (http://www.discussworldissues.com/forums/world-issues-current-events/90270-deficits-how-did-happen.html)

wrbwrbwrb 09-02-2012 01:04 AM

Deficits - How Did This Happen?
 
In 2007 the federal government spent $2.7 trillion, and ran a deficit of $160 billion.

In 2008, the federal government spent $2.98 trillion, and ran a deficit of $458 billion.

Then in 2009, the government spent $3.99 trillion, with a deficit of $1.8 trillion! But, of course, that was because of the stimulus being added in, right?
A one-time thing?

2010 - $3.5 trillion / $1.25 trillion

2011 - $3.6 trillion / $929 billion

2012 - $3.6 trillion / $557 billion

And projections show $500 billion deficits to continue for the foreseeable future. How did this become the new normal?!?

Vjwkvkoy 09-02-2012 01:08 AM

How did this become the new normal?!? insidiously.

the population seems so lulled and stodgy these days, i don't know why they bother with the incremental approach anymore.

plantBanceper 09-02-2012 01:12 AM

http://media.reason.com/mc/_external...pg?h=287&w=350

Bounce 09-02-2012 01:30 AM

KEEP VOTING FOR CONGRESSIONAL

INCUMBENTS, KIDDIES.

gtyruzzel 09-02-2012 01:31 AM






.



AND I GUARANTEE THEY WILL

KEEP RIGHT ON BUTT-FUCKING YOU.

FateHostera 09-02-2012 03:42 AM

Quote:

In 2007 the federal government spent $2.7 trillion, and ran a deficit of $160 billion.

In 2008, the federal government spent $2.98 trillion, and ran a deficit of $458 billion.

Then in 2009, the government spent $3.99 trillion, with a deficit of $1.8 trillion! But, of course, that was because of the stimulus being added in, right?
A one-time thing?

2010 - $3.5 trillion / $1.25 trillion

2011 - $3.6 trillion / $929 billion

2012 - $3.6 trillion / $557 billion

And projections show $500 billion deficits to continue for the foreseeable future. How did this become the new normal?!?

It looks like you're undercutting the 2012 budget deficit by half. According to the CBO:

An Update to the Budget and Economic Outlook: Fiscal Years 2012 to 2022

The federal budget deficit for fiscal year 2012 will total $1.1 trillion, CBO estimates. Federal debt held by the public will reach its highest level since 1950 by the end of this fiscal year. http://www.cbo.gov/

Where did your numbers come from? I'm curious to see why there is such a big difference. OMB?

illetrygrargo 09-02-2012 03:43 AM

Quote:

In 2007 the federal government spent $2.7 trillion, and ran a deficit of $160 billion.

In 2008, the federal government spent $2.98 trillion, and ran a deficit of $458 billion.

Then in 2009, the government spent $3.99 trillion, with a deficit of $1.8 trillion! But, of course, that was because of the stimulus being added in, right?
A one-time thing?

2010 - $3.5 trillion / $1.25 trillion

2011 - $3.6 trillion / $929 billion

2012 - $3.6 trillion / $557 billion

And projections show $500 billion deficits to continue for the foreseeable future. How did this become the new normal?!?

Entitlements and an out of control military..

10,000 seniors a day are retiring..

BrifsGefel 09-02-2012 06:09 AM

FIRE THE CONGRESS.

REPEAL THE SIXTEENTH AMENDMENT.

deermealec 09-02-2012 06:10 AM

DEMOLISH THE EPA.


PUT AN OIL REFINERY ON THE SITE OF THE EPA CAMPUS.

SteantyjetMaw 09-02-2012 06:11 AM

I'LL SHOW YOU JOBS, JOBS, JOBS,

YOU SHIT-FACED LOOTERS.

fkjghfg 09-02-2012 06:29 AM

http://www.prisonplanet.com/cost-of-...-trillion.html

Paul Joseph Watson
Prison Planet.com
Wednesday, November 26, 2008

The total cost of funds committed to the bailout in its various guises has now hit $8.5 trillion dollars, up from $7.7 trillion in just two days after the federal government committed an additional $800 billion to two new loan programs on Tuesday.


http://www.nationalreferendum.org/SocialSecurity.html

Over the last 25 years, Congress has "borrowed" (stolen) $2.2 Trillion from the Social Security Trust Fund. Not one penny has ever been repaid. This year (2008), Congress will "borrow" an additional $90 Billion from the Social Security Trust Fund - that is $171,000 every minute of every day.
http://blog.heritage.org/2009/02/12/...-327-trillion/

True Cost of Stimulus: $3.27 Trillion

Conn Carroll

February 12, 2009 at 11:08 am


http://search.yahoo.com/search?p=cos...UTF-8&fr=moz35



Cost of war at least $3.7 trillion and counting


By Daniel Trotta

NEW YORK | Wed Jun 29, 2011 4:28pm EDT
Staggering as it is, that figure grossly underestimates the total cost of wars in Iraq, Afghanistan and Pakistan to the U.S. Treasury and ignores more imposing costs yet to come, according to a study released on Wednesday.

The final bill will run at least $3.7 trillion and could reach as high as $4.4 trillion, according to the research project "Costs of War" by Brown University's Watson Institute for International Studies.

Louthcoombutt 09-02-2012 06:30 AM

FYI: Moss has summoned you, Holston..

http://downloadpolitics.com/showthre...ton-a-question

Borzopayn 09-02-2012 06:32 AM

...........http://upload.wikimedia.org/wikipedi...ogo-sports.png...........




JEW!

Uciaucrx 09-02-2012 07:07 AM

Quote:

FYI: Moss has summoned you, Holston..

http://downloadpolitics.com/showthre...ton-a-question
I'll get to that later. I have more to say on that subject than she wants to read. The short answer is separation. But logistically that would be almost practically impossible at this stage without implementing some sort of marshal law and trying to remove them the way Hitler did.

They are too imbedded within our social structure now. Trying to remove them would be like a doctor trying to remove a tumor from a patients medulla oblongata. The risk of killing the patient, the US, is too high. On the other hand if something isn't done the patient may die anyway, ie become a Jewish plutocracy within a union of the US, Mexico, and Canada.

The time has to be ripe for any event of that magnitude and the public is not ready for it. You are contending with as many white gentiles who have these "Jews" in their families. You also have the mixed breed and all the problems with sorting that out.

As I said, the answer in a nutshell is "separation". The response to this would probably be that it is not a viable solution. Therefore the answer requires a great deal of qualification. It's hard to give a simple answer to a complex (involved) problem. I do however have ideas on the subject.

Dilangos 09-02-2012 07:21 AM

...........http://upload.wikimedia.org/wikipedi...ogo-sports.png...........




JEW!

IrrettelatWet 09-02-2012 07:22 AM

TRY "MARTIAL"

Seisyvose 09-02-2012 03:18 PM

Quote:

It looks like you're undercutting the 2012 budget deficit by half. According to the CBO:



http://www.cbo.gov/

Where did your numbers come from? I'm curious to see why there is such a big difference. OMB?
I was working off of projections at http://www.usgovernmentspending.com/

Wow. They're way off.

8Uxtkz7F 09-02-2012 03:24 PM

How did this happen?

There should have been a one-time bump in the deficit, as the stimulus money was spent, and then the next year, spending should have dropped off.

But they have managed to keep it up at that level, without any further stimuli being passed...

XKAgustin 09-02-2012 03:24 PM

"The short answer is separation."




FUCK OFF, ZIONIST.

JosephNF 09-02-2012 03:25 PM

FIRE THIS ROTTEN CONGRESS.


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