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Old 12-18-2018, 08:22 AM
 
Location: Midwest
38,496 posts, read 25,815,033 times
Reputation: 10789

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Quote:
Originally Posted by WaldoKitty View Post
Deficit to GDP ratio is less than 1/2 what it was under Obama. Did you complain when Obama was running things?
Not sure what orifice you pulled your above fake stats from. Facts are your friend as they will guide you to a better life.

Quote:
In FY 2018 the federal deficit was 3.9 percent of GDP.

This year, FY 2019, the federal government in its latest budget has estimated that the deficit will be 4.7 percent of GDP.
Quote:
After the Crash of 2008 the federal deficits started decreasing, getting to 4 percent of GDP in FY 2013 and 2.4 percent of GDP in FY 2015, but increasing to 3.2 percent of GDP in FY 2016.
https://www.usgovernmentdebt.us/fede...it_percent_gdp
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Old 12-18-2018, 08:23 AM
 
3,346 posts, read 1,268,641 times
Reputation: 3173
Quote:
Originally Posted by WaldoKitty View Post
Deficit to GDP ratio is less than 1/2 what it was under Obama. Did you complain when Obama was running things?
Deficits were going down under Obama after he inherited 1.2 trillion from Bush.
But now that Trump is in power they are going back up to trillion again.

How come your not complaining? Oh right, because deficits don’t matter when Republicans run the show.
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Old 12-18-2018, 08:25 AM
 
Location: Midwest
38,496 posts, read 25,815,033 times
Reputation: 10789
Quote:
Originally Posted by DRob4JC View Post
Seriously?? Dude - put down the pom-poms.

America's fiscal failures is on everybody. This is a collective failure.
Nope!

Deficit shrinks by $1 trillion in Obama era

U.S. Federal Debt by President / Political Party
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Old 12-18-2018, 08:25 AM
 
Location: Unperson Everyman Land
38,642 posts, read 26,378,527 times
Reputation: 12648
Quote:
Originally Posted by jojajn View Post
Didn't seem to work for a state (Wisconsin) run by a republican congress and republican governor (Walker).

Doesn't work in what way?
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Old 12-18-2018, 08:30 AM
 
Location: Midwest
38,496 posts, read 25,815,033 times
Reputation: 10789
Quote:
Originally Posted by momonkey View Post
Doesn't work in what way?
Having a surplus in the budget as well as spending to improve infrastructure and schools.
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Old 12-18-2018, 08:40 AM
 
Location: So Cal
10,031 posts, read 9,507,142 times
Reputation: 10452
Quote:
Originally Posted by jojajn View Post
WI and the outgoing governor, Walker, sure didn't spend the money on roads or infrastructure! Infrastructure is the minimum one should get for their tax dollars!

National Report Says Half Of Wisconsin Roads In Poor, Mediocre Condition
September 24, 2018 -


Report: Poor road conditions cost Wisconsin drivers $637 each year


Wisconsin infrastructure needs an upgrade
Only $637? Sounds like a bargain compared to California.

https://www.equipmentworld.com/bad-r...esearch-shows/

Even worse in Los Angeles:

https://www.google.com/amp/s/losange...ar-report/amp/
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Old 12-18-2018, 08:40 AM
 
Location: Boston, MA
14,483 posts, read 11,282,562 times
Reputation: 9002
Quote:
Originally Posted by jbtornado View Post
Umm this has Oklahoma as 5th......
and.....?
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Old 12-18-2018, 08:44 AM
 
Location: Boston, MA
14,483 posts, read 11,282,562 times
Reputation: 9002
Quote:
Originally Posted by Eli34 View Post
Kansas is another example of Republican fiscal mismanagement through unnecessary and irresponsible tax cuts.

And now look at our nations fiscal budget under Trump with again, irresponsible tax cuts and skyrocketing deficits. They just never learn.
Kansas is middle 28th worst out of 50.
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Old 12-18-2018, 08:52 AM
 
1,280 posts, read 1,396,067 times
Reputation: 1882
There's no mystery here. Minnesota extracts about 50% more taxes from its residents than Wisconsin does. If Wisconsin raised their taxes to match, they'd have a much larger surplus than Minnesota.
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Old 12-18-2018, 09:10 AM
 
Location: Unperson Everyman Land
38,642 posts, read 26,378,527 times
Reputation: 12648
Quote:
Originally Posted by jojajn View Post
Having a surplus in the budget as well as spending to improve infrastructure and schools.

OK, so you think taxing a lot and spending a lot by government makes for fiscal solvency, infrastructure improvements and superior public services...that about sum it up?




The five states at the center of the snowball with the highest debt per capita are Massachusetts ($11,000), Connecticut ($9,200), Rhode Island ($8,900), Alaska ($8,200), and New Jersey ($7,400).

On the other end of the spectrum are the five states with the lowest state debt per capita: Tennessee ($900), Nebraska ($1,000), Nevada ($1,200), Georgia ($1,300), and Arkansas ($1,500).


https://www.visualcapitalist.com/muc...pon-shoulders/
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