The Inevitable New The Inevitable Trump Mocking Thread

The Congressional Budget Office’s latest forecast makes a convincing case that fiscal complacency is now dangerous for the U.S. economy. CBO projects the federal government will borrow an additional $12.4 trillion over the next 10 years. At the end of 2028, the federal government will have outstanding debt of $28.7 trillion, or 96 percent of GDP. Ten years ago, federal debt was equal to 39 percent of GDP.

In fact, CBO’s official projection is an optimistic scenario. It assumes Congress will let many of the tax-cutting provisions enacted in the recently passed tax legislation expire after 2025. It also assumes, even more implausibly, that the caps on defense and nondefense appropriations for 2020 and 2021 contained in the Budget Control Act of 2011 will remain in place, thus forcing deep cuts in federal spending. However, Congress just enacted a bipartisan agreement to raise the caps in 2018 and 2019 by nearly $300 billion over that two-year period. If the tax cuts are made permanent, and if discretionary appropriations grow with the rate of inflation after 2019, then the budget deficit over the next decade would be $15 trillion instead of the $12.4 trillion contained in CBO’s baseline forecast. In 2028, the annual budget deficit would widen to 7.1 percent of GDP, while total federal debt would reach 105 percent of GDP.

CBO has not yet updated its long-term budget forecast, but when it does the projection will show federal debt exploding at an alarming rate, as population aging and health-care costs push entitlement spending up at a rapid pace.

https://www.realclearpolicy.com/art...aves_no_room_for_wishful_thinking_110595.html
 
Federal_Debt_Held_by_the_Public_1790-2013.png

Federal debt held by the public as a percentage of gross domestic product, from 1790 to 2013, projected to 2038.
 
Hüsker Dü said:
Seems you have been taught a new term to use.

That Donald Trump's presidential campaign brought out some of the worst parts of the American electorate is by now a well-established fact. But beyond the overt racism of Trump endorsers like KKK leader David Duke, the president-elect provided disparate brands of bigotry and misogyny a central figure around which to coalesce. This loosely aligned cohort has been dubbed the "alt-right." And within alt-right vernacular, there is no greater insult than being labeled a "cuck," so knowing the etymology and current iteration of the word is now a prerogative for anyone who wants to understand today's political moment.

https://www.bustle.com/articles/195...-the-alt-right-uses-this-offensive-term-often
Click to expand...

You continue to expose inner most thoughts " gushing " through that grey matter
perched upon a Gato spine......

All copy, no original thought from the Rat.

The KKK is a Democrat affiliated group.
The bigotry and misogyny is soundly a Democratic trait.
The loosely aligned " cohort " was/is a Democratic supporter.
The four letter word you are referencing is very similar to what you are.....
It just starts with an " F "....!

 
Friesland said:
The Congressional Budget Office’s latest forecast makes a convincing case that fiscal complacency is now dangerous for the U.S. economy. CBO projects the federal government will borrow an additional $12.4 trillion over the next 10 years. At the end of 2028, the federal government will have outstanding debt of $28.7 trillion, or 96 percent of GDP. Ten years ago, federal debt was equal to 39 percent of GDP.

In fact, CBO’s official projection is an optimistic scenario. It assumes Congress will let many of the tax-cutting provisions enacted in the recently passed tax legislation expire after 2025. It also assumes, even more implausibly, that the caps on defense and nondefense appropriations for 2020 and 2021 contained in the Budget Control Act of 2011 will remain in place, thus forcing deep cuts in federal spending. However, Congress just enacted a bipartisan agreement to raise the caps in 2018 and 2019 by nearly $300 billion over that two-year period. If the tax cuts are made permanent, and if discretionary appropriations grow with the rate of inflation after 2019, then the budget deficit over the next decade would be $15 trillion instead of the $12.4 trillion contained in CBO’s baseline forecast. In 2028, the annual budget deficit would widen to 7.1 percent of GDP, while total federal debt would reach 105 percent of GDP.

CBO has not yet updated its long-term budget forecast, but when it does the projection will show federal debt exploding at an alarming rate, as population aging and health-care costs push entitlement spending up at a rapid pace.

https://www.realclearpolicy.com/art...aves_no_room_for_wishful_thinking_110595.html
Click to expand...
Hmmmm, how did the CBO score Obamacare again?
 
espola said:
Hilarious -- the President of France has bigger balls than t does.

https://www.reuters.com/article/us-...d-trump-to-keep-troops-in-syria-idUSKBN1HM0X4
Click to expand...

How does it feel to be a Golf Ball Thief.....Hmmmmm..?
How does it feel to be exposed as a Liar .....Hmmmmm..?
How does if feel when you are exposed as quite Stupid...Hmmmm..?

The President of France did NOT persuade, he pleaded.....The POTUS
used leverage and your TOO STUPID to recognize the TRUTH.

You are a Stupid Lying Thief.
 
BOMBSHELL: Comey Says Hillary Email Probe Reopened To Legitimize Her Presidency When She Won
by RYAN SAAVEDRAApril 15, 2018


In a pre-recorded interview set to air on Sunday night on ABC News, former FBI Director James Comey revealed that he announced that he was reopening the investigation into Hillary Clinton's use of a private email server in October 2017 because he assumed she would win the election and he did not want her to be viewed as an illegitimate president.
https://www.google.com/url?sa=t&sou...AyQQqUMIQzAG&usg=AOvVaw2nXkTkd1EfjUBvob8bmp8v
 
Friesland said:
The Congressional Budget Office’s latest forecast makes a convincing case that fiscal complacency is now dangerous for the U.S. economy. CBO projects the federal government will borrow an additional $12.4 trillion over the next 10 years. At the end of 2028, the federal government will have outstanding debt of $28.7 trillion, or 96 percent of GDP. Ten years ago, federal debt was equal to 39 percent of GDP.

In fact, CBO’s official projection is an optimistic scenario. It assumes Congress will let many of the tax-cutting provisions enacted in the recently passed tax legislation expire after 2025. It also assumes, even more implausibly, that the caps on defense and nondefense appropriations for 2020 and 2021 contained in the Budget Control Act of 2011 will remain in place, thus forcing deep cuts in federal spending. However, Congress just enacted a bipartisan agreement to raise the caps in 2018 and 2019 by nearly $300 billion over that two-year period. If the tax cuts are made permanent, and if discretionary appropriations grow with the rate of inflation after 2019, then the budget deficit over the next decade would be $15 trillion instead of the $12.4 trillion contained in CBO’s baseline forecast. In 2028, the annual budget deficit would widen to 7.1 percent of GDP, while total federal debt would reach 105 percent of GDP.

CBO has not yet updated its long-term budget forecast, but when it does the projection will show federal debt exploding at an alarming rate, as population aging and health-care costs push entitlement spending up at a rapid pace.

https://www.realclearpolicy.com/art...aves_no_room_for_wishful_thinking_110595.html
Click to expand...
Told you.
 
Bruddah IZ said:
Told you.
Click to expand...
CBO has not yet updated its long-term budget forecast, but when it does the projection will show federal debt exploding at an alarming rate, as population aging and health-care costs push entitlement spending up at a rapid pace.

Too funny, what did they call the federal debt and entitlement spending between 08-2016?
What a bunch of dopes.
 
CBO’s budget forecast signals that the country is now very close to the cliff’s edge. Any number of different events — such as a major international conflict — could trigger a debt crisis. The U.S. is currently able to borrow funds at preferential rates, but that may not always be the case. If interest rates were to rise sharply and suddenly, lawmakers could find themselves needing to raise taxes or cut spending drastically just to cover spiraling debt service payments.

Unfortunately, there seems to be little concern about this possibility among those in a position to do something about it — most notably the Republicans now controlling both Congress and the White House.
 
Bruddah IZ said:
CBO’s budget forecast signals that the country is now very close to the cliff’s edge. Any number of different events — such as a major international conflict — could trigger a debt crisis. The U.S. is currently able to borrow funds at preferential rates, but that may not always be the case. If interest rates were to rise sharply and suddenly, lawmakers could find themselves needing to raise taxes or cut spending drastically just to cover spiraling debt service payments.

Unfortunately, there seems to be little concern about this possibility among those in a position to do something about it — most notably the Republicans now controlling both Congress and the White House.
Click to expand...
Genius.
 
Hüsker Dü said:
You two need to relax, you are all worked up over something you have no say in . . . time will tell the extent of all this then the country will move on, all of it.
Click to expand...
Let them have their circle jerk about the past. They certainly don't want to see what's going on now.
 
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