Budget deficit to top $1 trillion in 2020

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Re: Budget deficit to top $1 trillion in 2020

#26

Post by FSchmertz »

CaptQuint wrote: Thu Aug 22, 2019 8:58 pm Having the fiscally responsible political party in power..... priceless
Actually finding that mythical beast...seemingly impossible! ;)

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Last edited by FSchmertz on Thu Aug 22, 2019 9:08 pm, edited 1 time in total.
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Re: Budget deficit to top $1 trillion in 2020

#27

Post by B-Tender »

FSchmertz wrote: Thu Aug 22, 2019 9:03 pm
VinceBordenIII wrote: Thu Aug 22, 2019 8:11 pm
CaptQuint wrote: Thu Aug 22, 2019 8:07 pm God forbid we have a healthy citizenry that doesn't need to work till they drop dead
Without knowing the specifics, it seems like health should be a lot less, or cover a lot more people.
You know, almost everyone seems to believe this. But for some reason, we can't figure out how to fix it.
The more complex a problem seems, the simple the solution needs to be.
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Re: Budget deficit to top $1 trillion in 2020

#28

Post by Reservoir Dog »

CHEEZY17 wrote: Thu Aug 22, 2019 9:05 pm
Biker wrote: Thu Aug 22, 2019 7:43 pm We need to slash across the board, from entitlement to defense
Correct. 5-10% across the board. Its the only way to be "fair".
That, and everyone could pay their fair share of taxes.
CentralTexasCrude wrote: Tue Mar 30, 2021 2:00 am You both fucked up. You trusted me.
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Re: Budget deficit to top $1 trillion in 2020

#29

Post by CHEEZY17 »

Reservoir Dog wrote: Thu Aug 22, 2019 9:16 pm
CHEEZY17 wrote: Thu Aug 22, 2019 9:05 pm
Biker wrote: Thu Aug 22, 2019 7:43 pm We need to slash across the board, from entitlement to defense
Correct. 5-10% across the board. Its the only way to be "fair".
That, and everyone could pay their fair share of taxes.
We already have a progressive tax structure in place and over 40% of Americans currently pay zero Federal income tax. What is "fair"?
Last edited by CHEEZY17 on Thu Aug 22, 2019 9:49 pm, edited 1 time in total.
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Re: Budget deficit to top $1 trillion in 2020

#30

Post by PimpDaddy »

B-Tender wrote: Thu Aug 22, 2019 9:00 pm
CaptQuint wrote: Thu Aug 22, 2019 8:59 pm How the fuck is the "average" pickup truck 60k?
I read that the average purchase price for a Ford pickup in 2018 was $40k.
Edmunds says the F-250 MSRP Range is $36,745 - $80,440. I should have said $58,592.50, not $60K. Sorry for the misinformation.
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Re: Budget deficit to top $1 trillion in 2020

#31

Post by PimpDaddy »

CaptQuint wrote: Thu Aug 22, 2019 9:04 pm
B-Tender wrote: Thu Aug 22, 2019 9:00 pm
CaptQuint wrote: Thu Aug 22, 2019 8:59 pm How the fuck is the "average" pickup truck 60k?
I read that the average purchase price for a Ford pickup in 2018 was $40k.
Is the average price of a pair of sneaker $150?
Now you are just being cray. I didn't say the average pair of sneakers is $150. Just like the average athlete or movie star doesn't make 30 mil. The average car tire cost about $100. What do you pay, Mr. fiscally responsible? :D
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Re: Budget deficit to top $1 trillion in 2020

#32

Post by B-Tender »

PimpDaddy wrote: Thu Aug 22, 2019 9:19 pm
B-Tender wrote: Thu Aug 22, 2019 9:00 pm
CaptQuint wrote: Thu Aug 22, 2019 8:59 pm How the fuck is the "average" pickup truck 60k?
I read that the average purchase price for a Ford pickup in 2018 was $40k.
Edmunds says the F-250 MSRP Range is $36,745 - $80,440. I should have said $58,592.50, not $60K. Sorry for the misinformation.
My quote was from the San Diego Union Tribune about two months ago. It included all Ford trucks including the best selling F150.
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Re: Budget deficit to top $1 trillion in 2020

#33

Post by CaptQuint »

PimpDaddy wrote: Thu Aug 22, 2019 9:22 pm
CaptQuint wrote: Thu Aug 22, 2019 9:04 pm
B-Tender wrote: Thu Aug 22, 2019 9:00 pm
CaptQuint wrote: Thu Aug 22, 2019 8:59 pm How the fuck is the "average" pickup truck 60k?
I read that the average purchase price for a Ford pickup in 2018 was $40k.
Is the average price of a pair of sneaker $150?
Now you are just being cray. I didn't say the average pair of sneakers is $150. Just like the average athlete or movie star doesn't make 30 mil. The average car tire cost about $100. What do you pay, Mr. fiscally responsible? :D
I just paid $373.10 for 2 rear tires, but they aren't average tires on a average car.
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Re: Budget deficit to top $1 trillion in 2020

#34

Post by CaptQuint »

PimpDaddy wrote: Thu Aug 22, 2019 9:19 pm
B-Tender wrote: Thu Aug 22, 2019 9:00 pm
CaptQuint wrote: Thu Aug 22, 2019 8:59 pm How the fuck is the "average" pickup truck 60k?
I read that the average purchase price for a Ford pickup in 2018 was $40k.
Edmunds says the F-250 MSRP Range is $36,745 - $80,440. I should have said $58,592.50, not $60K. Sorry for the misinformation.
An F-250 isn't your average everyday pickup. If you're buying a 250 you're hauling something big.
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Re: Budget deficit to top $1 trillion in 2020

#35

Post by CaptQuint »

PimpDaddy wrote: Thu Aug 22, 2019 8:54 pm Numbers don't mean anything to the US these days, never mind trying to wrap your head around the concept of a trillion dollar deficit. Just for your everyday Joe:

$60K / year for college
Every 8-year with a $1,000 iPhone
Athletes playing kids games for 4 months a year making 30 mil /year
Actors making the same per movie
Concert tickets for aging rock bands at $250
$60K for an average pickup truck
$150 for sneakers
Family friendly vaca to Disney $10K
Whatever a bitcoin is, $10,000

It didn't take all that many years to get here. What's next?
:lol:
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Re: Budget deficit to top $1 trillion in 2020

#36

Post by PimpDaddy »

CaptQuint wrote: Thu Aug 22, 2019 9:32 pm
PimpDaddy wrote: Thu Aug 22, 2019 8:54 pm Numbers don't mean anything to the US these days, never mind trying to wrap your head around the concept of a trillion dollar deficit. Just for your everyday Joe:

$60K / year for college
Every 8-year with a $1,000 iPhone
Athletes playing kids games for 4 months a year making 30 mil /year
Actors making the same per movie
Concert tickets for aging rock bands at $250
$60K for an average pickup truck
$150 for sneakers
Family friendly vaca to Disney $10K
Whatever a bitcoin is, $10,000

It didn't take all that many years to get here. What's next?
:lol:
Damn, you are so smart. I should have said your average Joe 'around here'. And yes, every kid has the latest and greatest iPhone, all teenage boys have $150 Jordans, and a standard pickup truck up here in NH is not a 2WD Toyota. Pat yourself on the ass, you got me.
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Re: Budget deficit to top $1 trillion in 2020

#37

Post by CaptQuint »

PimpDaddy wrote: Thu Aug 22, 2019 9:59 pm
CaptQuint wrote: Thu Aug 22, 2019 9:32 pm
PimpDaddy wrote: Thu Aug 22, 2019 8:54 pm Numbers don't mean anything to the US these days, never mind trying to wrap your head around the concept of a trillion dollar deficit. Just for your everyday Joe:

$60K / year for college
Every 8-year with a $1,000 iPhone
Athletes playing kids games for 4 months a year making 30 mil /year
Actors making the same per movie
Concert tickets for aging rock bands at $250
$60K for an average pickup truck
$150 for sneakers
Family friendly vaca to Disney $10K
Whatever a bitcoin is, $10,000

It didn't take all that many years to get here. What's next?
:lol:
Damn, you are so smart. I should have said your average Joe 'around here'. And yes, every kid has the latest and greatest iPhone, all teenage boys have $150 Jordans, and a standard pickup truck up here in NH is not a 2WD Toyota. Pat yourself on the ass, you got me.
Oh, you should have said "round here"

Yeah, try to be a little clearer. And I didn't post no 2wd yota

https://www.parkfordtallmadge.com/new-T ... P5KKC75190

https://www.chevyvandevere.com/VehicleD ... 3481045533
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Re: Budget deficit to top $1 trillion in 2020

#38

Post by Cassandros »

It doesn't matter, red or blue in control of the government, the National Debt will only increase.

That's how debt spending and base line budgeting works.

If you think 22.5 trillion is bad; check out that number when you factor in all the unfunded liabilities like Medicare and Social Security.

(Hint: its over 100 trillion with those added).

But don't worry, eventually America will be deemed "too big to fail" and the World Bank/IMF will own us after giving us a nice bailout package.
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Re: Budget deficit to top $1 trillion in 2020

#39

Post by CaptQuint »

Thread is about the deficit
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Re: Budget deficit to top $1 trillion in 2020

#40

Post by DandyDon »

Cassandros wrote: Fri Aug 23, 2019 12:10 am It doesn't matter, red or blue in control of the government, the National Debt will only increase.

That's how debt spending and base line budgeting works.

If you think 22.5 trillion is bad; check out that number when you factor in all the unfunded liabilities like Medicare and Social Security.

(Hint: its over 100 trillion with those added).

But don't worry, eventually America will be deemed "too big to fail" and the World Bank/IMF will own us after giving us a nice bailout package.
How is Medicare and Social Security unfunded when every person pays into them all their working life?
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Re: Budget deficit to top $1 trillion in 2020

#41

Post by Cassandros »

CaptQuint wrote: Fri Aug 23, 2019 12:15 am Thread is about the deficit
Yes, and every year those deficits adds to...

...What?

The answer is something far worse than the fucking deficit; and, though you might not believe it, it is also very relevant to this thread.
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Re: Budget deficit to top $1 trillion in 2020

#42

Post by CaptQuint »

Cassandros wrote: Fri Aug 23, 2019 12:27 am
CaptQuint wrote: Fri Aug 23, 2019 12:15 am Thread is about the deficit
Yes, and every year those deficits adds to...

...What?

The answer is something far worse than the fucking deficit; and, though you might not believe it, it is also very relevant to this thread.
Is it?
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Re: Budget deficit to top $1 trillion in 2020

#43

Post by Cassandros »

DandyDon wrote: Fri Aug 23, 2019 12:25 am
Cassandros wrote: Fri Aug 23, 2019 12:10 am It doesn't matter, red or blue in control of the government, the National Debt will only increase.

That's how debt spending and base line budgeting works.

If you think 22.5 trillion is bad; check out that number when you factor in all the unfunded liabilities like Medicare and Social Security.

(Hint: its over 100 trillion with those added).

But don't worry, eventually America will be deemed "too big to fail" and the World Bank/IMF will own us after giving us a nice bailout package.
How is Medicare and Social Security unfunded when every person pays into them all their working life?
They are bowl funds that work similar to ponzi schemes; young peoples money today is paying for old peoples care today.

What it is not: is a saving account where you put money into and one day you will get your money back out.
“The society that puts equality before freedom will end up with neither, the society that puts freedom before equality will end up with a great deal of both.” --Milton Friedman
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Re: Budget deficit to top $1 trillion in 2020

#44

Post by Cassandros »

CaptQuint wrote: Fri Aug 23, 2019 12:30 am
Cassandros wrote: Fri Aug 23, 2019 12:27 am
CaptQuint wrote: Fri Aug 23, 2019 12:15 am Thread is about the deficit
Yes, and every year those deficits adds to...

...What?

The answer is something far worse than the fucking deficit; and, though you might not believe it, it is also very relevant to this thread.
Is it?
Yes.

Very much so.

And I encourage you to find that inner desire to learn why...

(But don't worry, I am not holding my breathe).
“The society that puts equality before freedom will end up with neither, the society that puts freedom before equality will end up with a great deal of both.” --Milton Friedman
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Re: Budget deficit to top $1 trillion in 2020

#45

Post by CaptQuint »

Cassandros wrote: Fri Aug 23, 2019 12:39 am
CaptQuint wrote: Fri Aug 23, 2019 12:30 am
Cassandros wrote: Fri Aug 23, 2019 12:27 am
CaptQuint wrote: Fri Aug 23, 2019 12:15 am Thread is about the deficit
Yes, and every year those deficits adds to...

...What?

The answer is something far worse than the fucking deficit; and, though you might not believe it, it is also very relevant to this thread.
Is it?
Yes.

Very much so.

And I encourage you to find that inner desire to learn why...

(But don't worry, I am not holding my breathe).
No, please do
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Re: Budget deficit to top $1 trillion in 2020

#46

Post by Cassandros »

CaptQuint wrote: Fri Aug 23, 2019 12:40 am
Cassandros wrote: Fri Aug 23, 2019 12:39 am
CaptQuint wrote: Fri Aug 23, 2019 12:30 am
Cassandros wrote: Fri Aug 23, 2019 12:27 am
CaptQuint wrote: Fri Aug 23, 2019 12:15 am Thread is about the deficit
Yes, and every year those deficits adds to...

...What?

The answer is something far worse than the fucking deficit; and, though you might not believe it, it is also very relevant to this thread.
Is it?
Yes.

Very much so.

And I encourage you to find that inner desire to learn why...

(But don't worry, I am not holding my breathe).
No, please do
Why?
“The society that puts equality before freedom will end up with neither, the society that puts freedom before equality will end up with a great deal of both.” --Milton Friedman
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Re: Budget deficit to top $1 trillion in 2020

#47

Post by CaptQuint »

Cassandros wrote: Fri Aug 23, 2019 12:41 am
CaptQuint wrote: Fri Aug 23, 2019 12:40 am
Cassandros wrote: Fri Aug 23, 2019 12:39 am
CaptQuint wrote: Fri Aug 23, 2019 12:30 am
Cassandros wrote: Fri Aug 23, 2019 12:27 am
CaptQuint wrote: Fri Aug 23, 2019 12:15 am Thread is about the deficit
Yes, and every year those deficits adds to...

...What?

The answer is something far worse than the fucking deficit; and, though you might not believe it, it is also very relevant to this thread.
Is it?
Yes.

Very much so.

And I encourage you to find that inner desire to learn why...

(But don't worry, I am not holding my breathe).
No, please do
Why?
Because if you hold your breath long enough you will die
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Re: Budget deficit to top $1 trillion in 2020

#48

Post by Cassandros »

CaptQuint wrote: Fri Aug 23, 2019 12:43 am
Cassandros wrote: Fri Aug 23, 2019 12:41 am
CaptQuint wrote: Fri Aug 23, 2019 12:40 am
Cassandros wrote: Fri Aug 23, 2019 12:39 am
CaptQuint wrote: Fri Aug 23, 2019 12:30 am
Cassandros wrote: Fri Aug 23, 2019 12:27 am Yes, and every year those deficits adds to...

...What?

The answer is something far worse than the fucking deficit; and, though you might not believe it, it is also very relevant to this thread.
Is it?
Yes.

Very much so.

And I encourage you to find that inner desire to learn why...

(But don't worry, I am not holding my breathe).
No, please do
Why?
Because if you hold your breath long enough you will die
A couple things...
1) Pretty sure you will just pass out. (Unless, you know, you have some fucked up medical condition).

2) That's a pretty fucked up thing to say to someone.

I know the media tells us to hate our neighbor, especially if they root for another team. BUT we have to be better than that if we want to move forward as a species. This particular topic affects us equally, red, blue, and indifferent. You are hung up on this irrational spending going into 2020, I am telling you this irrational spending has been going on much longer than a year, or even a few years. It does not matter who you elect in the White House, spending comes from Congress and they follow a system that can only borrow more and more. By 2024 do not be surprised when we are spending a trillion dollars ever six months.
“The society that puts equality before freedom will end up with neither, the society that puts freedom before equality will end up with a great deal of both.” --Milton Friedman
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Re: Budget deficit to top $1 trillion in 2020

#49

Post by CaptQuint »

Boo hoo
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Re: Budget deficit to top $1 trillion in 2020

#50

Post by Antknot »

DandyDon wrote: Fri Aug 23, 2019 12:25 am
Cassandros wrote: Fri Aug 23, 2019 12:10 am It doesn't matter, red or blue in control of the government, the National Debt will only increase.

That's how debt spending and base line budgeting works.

If you think 22.5 trillion is bad; check out that number when you factor in all the unfunded liabilities like Medicare and Social Security.

(Hint: its over 100 trillion with those added).

But don't worry, eventually America will be deemed "too big to fail" and the World Bank/IMF will own us after giving us a nice bailout package.
How is Medicare and Social Security unfunded when every person pays into them all their working life?
Government involvement?
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