someoneyouknow
Literotica Guru
- Joined
- Jun 5, 2006
- Posts
- 28,274
Thirty-two percent. 32%. 32 percent.
That number represents how much the federal deficit has increased in the past 11 months from the previous period. That percentage is equivalent to the $222 billion extra debt the con artist has piled compared to last year, or a total of $895 billion extra debt in those same eleven months.
With one month to go in the Federal fiscal year, it is quite obvious the $1 trillion yearly deficit will be met then promptly left behind in the rearview mirror.
How could this happen you ask? How is it that this great businessman who is smarter than anyone else, could lead us down this fiscally irresponsible path? When one overlooks the multitude of business failures he has left in his wake, and that his nickname is the King of Debt, the reasons become clear and easy to see.
But never to fear. Just like the business which loses money on a product yet declares they'll make it up in volume, the con artist and his cabal have said the exact same thing.
http://thehill.com/policy/finance/406040-federal-deficit-soars-32-percent-to-895b
https://www.marketwatch.com/story/us-budget-deficit-widens-to-fifth-highest-ever-cbo-reports-2018-09-11
That number represents how much the federal deficit has increased in the past 11 months from the previous period. That percentage is equivalent to the $222 billion extra debt the con artist has piled compared to last year, or a total of $895 billion extra debt in those same eleven months.
With one month to go in the Federal fiscal year, it is quite obvious the $1 trillion yearly deficit will be met then promptly left behind in the rearview mirror.
How could this happen you ask? How is it that this great businessman who is smarter than anyone else, could lead us down this fiscally irresponsible path? When one overlooks the multitude of business failures he has left in his wake, and that his nickname is the King of Debt, the reasons become clear and easy to see.
But never to fear. Just like the business which loses money on a product yet declares they'll make it up in volume, the con artist and his cabal have said the exact same thing.
Kevin Hassett, the White House chief economic adviser, was careful in a briefing with reporters on Monday to say the corporate tax cuts — but not the whole package — would pay for themselves with higher growth.
http://thehill.com/policy/finance/406040-federal-deficit-soars-32-percent-to-895b
https://www.marketwatch.com/story/us-budget-deficit-widens-to-fifth-highest-ever-cbo-reports-2018-09-11
