Budget Office: US deficit will reach $1 trillion next year

[Walter]

In 2019 the deficit is $960 billion. It would be even higher if not for lower-than-expected interest rates. The reasons are tax cuts, so I think combining tax cuts with increased spending (e.g. military) doesn't make much sense.

Seems the fiscal responsibility, the Republicans asked for under Obamas, is no topic now.

BTW, this reminds me of Trumps first budget (discussed here).

 

[dogtowner]

In 2019 the deficit is $960 billion. It would be even higher if not for lower-than-expected interest rates. The reasons are tax cuts, so I think combining tax cuts with increased spending (e.g. military) doesn't make much sense.

Seems the fiscal responsibility, the Republicans asked for under Obamas, is no topic now.

BTW, this reminds me of Trumps first budget (discussed here).

No topic ?
Dont know about that but clearly Congress has no appetite for it.

 

[PLC1]

It's been a while since I've visited this forum. I see this thread is out of date now, as Congress just passed a $2.5 trillion stimulus package.

Didn't the self described "conservatives," the same as are supporting this stimulus, decry the one passed in '09 as being too much big government or something? What has changed?

 

[Walter]

What has changed?

Republicans are socialists now?

 

[SantinoTheItalian]

The U.S. economy will soon be in a position where the only way to boom the economy is through war.

Sadly it will most likely be a war in the 2030's or 2040's .I foresee Hungary ,Italy ,Poland, Slovenia, Slovakia and Albania to have formed a anti-migration pro Nationalist alliance thus this will create a new Axis because by then the neo liberals in U.S. will have declared some form of sanctions against countries that do not wish to take in migrants . The head of the U.S. Army public relations even admitted the U.S. main goal is to work with the U.N. and make Europe more "diverse" . Even going as far to saying - "one day Europe will be brown ". As a brown skin Mediterranean Italian person ,even I am offended by Europe becoming brown.

 

[PLC1]

The U.S. economy will soon be in a position where the only way to boom the economy is through war.

Sadly it will most likely be a war in the 2030's or 2040's .I foresee Hungary ,Italy ,Poland, Slovenia, Slovakia and Albania to have formed a anti-migration pro Nationalist alliance thus this will create a new Axis because by then the neo liberals in U.S. will have declared some form of sanctions against countries that do not wish to take in migrants . The head of the U.S. Army public relations even admitted the U.S. main goal is to work with the U.N. and make Europe more "diverse" . Even going as far to saying - "one day Europe will be brown ". As a brown skin Mediterranean Italian person ,even I am offended by Europe becoming brown.

War is peace.

 

[Walter]

War is peace.

Is it that time again?

 

[PLC1]

Is it that time again?

Well, 1984 was 36 years ago, but the novel is still pertinent to today.