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    2.4% MY BLACK ASS

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    2.4% MY BLACK ASS

    Post by Guest on Wed Jun 27, 2018 11:33 pm

    FROM: www.usgovernmentspending.com


    US Federal Deficit As Percent Of GDPFiscal Years 2007 to 2017
    YearGDP-US
    $ billion nominal
    Population-US
    million
    Federal Deficit -fed
    percent GDP
    200714477.6300.8071.11a
    200814718.6303.4923.12a
    200914418.7306.2029.80a
    201014964.4309.33810.40b
    201115517.9311.6448.16b
    201216155.3313.9935.13b
    201316691.5316.2344.36b
    201417427.6318.6234.05b
    201518120.7321.0404.15b
    201618624.5323.4063.14a
    201719386.2325.7193.43


    WHERE THE HELL IS THE 2.4%?!?!?!?!?!?

    LETS LOOK AT THE REAGAN YEARS

    US Federal Deficit As Percent Of GDPFiscal Years 1980 to 1990
    YearGDP-US
    $ billion nominal
    Population-US
    million
    Federal Deficit -fed
    percent GDP
    19802862.5226.5462.58a
    19813211228.6702.46a
    19823345230.8153.83a
    19833638.1232.9795.71a
    19844040.7235.1644.59a
    19854346.7237.3694.88a
    19864590.2239.5954.82a
    19874870.2241.8423.07a
    19885252.6244.1102.95a
    19895657.7246.3992.70a
    19905979.6248.7103.70a


    Worst year for Reagan 5.7%.  Obama had two worse years if you give 2009 to Bush.  If Reagan is 1982 to 1989, he has 3 years better than Obama's best.

    Based on this data, the claim that Obama was no different or maybe slightly better than Reagan is 100% completely false.

    Not only that, the policies of Reagan collapse the Soviet Union and ended the cold war.  So at least there was something to show for all this deficit spending.  What again is this great thing we got from Obama?  It certainly wasn't new and improved world class infrstructure.
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    Soxillinirob
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    Re: 2.4% MY BLACK ASS

    Post by Soxillinirob on Thu Jun 28, 2018 7:54 am

    Whitehouse.gov

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    Re: 2.4% MY BLACK ASS

    Post by Guest on Thu Jun 28, 2018 8:20 am

    so is this a homework assignment?

    At least cut and paste the numbers

    should be very easy to spot the differences and explain them.

    PS, the website I listed is one you told me about a few years back
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    Soxillinirob
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    Re: 2.4% MY BLACK ASS

    Post by Soxillinirob on Thu Jun 28, 2018 10:49 am

    I am out all day. Not high on my list of tasks. I get everything from whitehouse.gov. Second tab...revenues, outlays and deficits as a percentage of GDP.

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    Re: 2.4% MY BLACK ASS

    Post by Guest on Thu Jun 28, 2018 1:30 pm

    whitehouse.gov matches almost exactly the Reagan years.  Each year in the first term has a 1/10 difference.  But I won't quibble over 4.7 v 4.8




    There are some major differences in the Obama year.  The point of contention will be 2014 and 2015.  4.15 v 2.8 and 4.05 v 2.4 respectively.


    Not sure what the change is.  But when I get the chance I hunt it down and report it in an adult like manner.  I'll consider it my penance for calling you a liar

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    Re: 2.4% MY BLACK ASS

    Post by Guest on Thu Jun 28, 2018 4:44 pm

    FOUND THE PROBLEM.  LOOKS LIKE MY CHART AT THE START WAS USING BUDGETED ESTIMATES INSTEAD OF ACTUAL RESULTS.  HERE ARE THE ACTUAL RESULTS WHICH MIRROR WHITEHOUSE.GOV

    Government Spending ChartFiscal Years 2000 to 2023

















































    YearGDP-US
    $ billion nominal
    Population-US
    million
    Federal Deficit -fed
    percent GDP
    200010284.8281.422-2.30a
    200110621.8284.184-1.21a
    200210977.5286.9741.44a
    200311510.7289.7903.28a
    200412274.9292.6353.36a
    200513093.7295.5072.43a
    200613855.9298.1451.79a
    200714477.6300.8071.11a
    200814718.6303.4923.12a
    200914418.7306.2029.80a
    201014964.4309.3388.65a
    201115517.9311.6448.37a
    201216155.3313.9936.73a
    201316691.5316.2344.07a
    201417427.6318.6232.78a
    201518120.7321.0402.42a
    201618624.5323.4063.14a
    201719386.2325.7193.43a
    201820029.3328.0494.16b
    201921003.1330.3954.69b
    202022068.8332.7594.47b
    202123193.7335.1393.95b
    202224368.8337.5363.73b
    202325605.2339.9503.04b
    FYI, A IS ACTUAL; B IS A BUDGETED RESULT


    OK, SHOULD ROBZ WAS 100% TRUTHFUL WITH THE ACTUAL DATA. SO I APOLOGIZE FOR SAYING HE LIED.

    However, I still strongly disagree with the narrative he presents. Or to be nice, I disagree with the Forbes narrative that RobZ seems to agree with.

    WHY?!?!?!?!?

    George Bush 4th best year is almost identical to Obama's best. 2.43 to 2.42. Before the shit hit the fan in 2008, Bush was down to 1.11%. He had two other years below 2. Obama only had 4 years under 3.5%. Bush was under that all but 7.

    so anyone or any magazine that claims the policying of Obama are reducing the deficit faster than any adminstration in history not only reeks of intellectual dishonesty, but also makes Bush look like a hero of deficit reduction under the same logic.

    PS, the claim that Bush promptly pissed away a surplus is also bogus. The tech bubble burst right at the end of the clinton years leaving the mess for the next President. and of course 9/11 played a big role. and let's not forget the enron scandel a month later. Had all this happened a year earlier, Clinton doesn't come off as smelling like a rose. Likewise, the only reason Obama alledgely looks good is that his advocates want to compare him to the lowest point in recent history.

    So again. if the deficit was only 160 before the housing bubble burst, it should be back there by now. Or at least under 200 if you account for inflation.
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    Soxillinirob
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    Re: 2.4% MY BLACK ASS

    Post by Soxillinirob on Thu Jun 28, 2018 5:26 pm

    Nobody cares anyway.  MAGA.

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    Re: 2.4% MY BLACK ASS

    Post by Guest on Thu Jun 28, 2018 7:50 pm

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    alohafri
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    Re: 2.4% MY BLACK ASS

    Post by alohafri on Thu Jun 28, 2018 8:24 pm

    Soxillinirob wrote:Nobody cares anyway.  MAGA.

    Cofeve!
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    Soxillinirob
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    Re: 2.4% MY BLACK ASS

    Post by Soxillinirob on Thu Jun 28, 2018 9:34 pm

    Nothing matters anymore.  Character, ethics, honesty, etc....all used to matter.  Now it just doesn't matter.

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    Re: 2.4% MY BLACK ASS

    Post by Guest on Fri Jun 29, 2018 8:24 am

    Soxillinirob wrote:Nothing matters anymore.  Character, ethics, honesty, etc....all used to matter.  Now it just doesn't matter.

    You mean like when a guy gets away with inventing his own correlation coefficient for a decade instead of simply opening a text book and doing it the right way and he is defended by a math major from a prestigious Big Ten University because he disagrees with the politics of the person that spotted that the guys math didn't add up and cried foul.....


    So Thank You progressive left!!!!!


    The cultural demise of this trying to be Great Again Nation has been the liberal war on Fathers.  Fathers Matter!!!!  Not just the Father in the home.  But also our founding Fathers.  And most importantly, OUR FATHER WHO ART IN HEAVEN!!!!!


    Who is it that kicked OUR FATHER out of schools and tries to ban any public display....THE LEFT


    Who is it that calls OUR FOUNDING FATHER rich white slave owners and refuses to treat them as the heros they really are...THE LEFT


    Who has diminished the role of THE FATHER in the household by replacing him with welfare and made out of wedlock children so acceptable that now 3/5 of babies are born to single mothers ...THE LEFT


    So Mr RobZ, I sure hope you realize that you and your side of the aisle have more than your fair share of the blame.
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    Soxillinirob
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    Re: 2.4% MY BLACK ASS

    Post by Soxillinirob on Fri Jun 29, 2018 9:39 am

    Doesn't matter.  Nothing really matters.

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    Re: 2.4% MY BLACK ASS

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