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MEMEY CHRISTMAS!

Trout Giggles » Groups » SiNNERs and ButtHeads » Discussions » MEMEY CHRISTMAS!

By: al Jizzerror • 6 years ago • 180 comments

The Donald has made it possible to say "Merry Christmas" again.

Sponsored by group SiNNERs and ButtHeads

The Donald gave Christmas back to us.

Trump really has the Christmas spirit this year.

I want to make it possible for NewsTalkers to have "meme Christmas" this year.

Many people want a "White Christmas" butt it confuses one of the reindeer.

A "White Christmas" has different connotations to different people.

What do White supremacists wear on Christmas?

What does a misogynist wear on Christmas?

I have the perfect ugly sweater for a White Christmas.

As most of you already know, Kwanza is Dec, 26. I wonder if it will snow?

Have you been naughty or nice?

Santa is kinda judg mental .

Trump isn't afraid to say "Merry Christmas". Obama only said "Happy Holidays".

I wonder what Kim Jong is going to give us for Christmas?

Have a merry Christmas, a happy Chanukkah and a wonderful Kwanzaa!

DONALD TRUMP PROMISED TO ELIMINATE THE DEFICIT IN 8 YEARS. SO FAR, HE HAS INCREASED IT BY 68%

Cite

Merry Christmas!!!

Junior Quiet

13.1.3 cobaltblue replied to Texan1211 @13.1.2 6 years ago

Write your reps and tell them to either cut spending or to increase taxes then.

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Talk to Mitch.

Some on social media praised the construction, which represents what many view as Congressional inaction on important issues this cycle.
"That would be the... ahem, Do Nothing Republicans," one Twitter user wrote.

Another's concern was of a more constitutional nature: "I guess I don't understand the system of checks and balances if one man can stop the work of the Senate."
One recalled the Trump administration's recent work requirements for food stamp recipients and suggested the same requirements be forced on the Majority Leader.

Cite

The deficit will be archived like all his fucked up tweets, his name calling, his disparagement of dead patriots, his bullying, etc. Now that he's been impeached, all that shit will be archived for posterity. History will not be kind to him. I don't give a shit if he's acquitted, I don't give a shit if he wins again, I'm just thrilled he's impeached. That asterisk will forever been attached to his name.

Masters Expert

13.1.5 author al Jizzerror replied to Texan1211 @13.1.4 6 years ago

Mitch McConnell doesn't have one damn thing to do with it---unless he is your rep, of course. But spending bills originate in the House, not the Senate.

And the House sends the bill to the Senate where Moscow Mitch did not block it and then - guess what - it goes to the President. Donald Trump signed the bill.

The origin of the huge Trump deficit was in 2017 when the Republican Majority House passed Trump's huge tax cuts for wealthy people and corporations.

Masters Expert

13.1.7 author al Jizzerror replied to Texan1211 @13.1.6 6 years ago

Aren't Trump's deficits still smaller than Obama's?

No. Trump's 2018 deficit is higher than the deficit he inherited from Obama and this years his deficit will be even higher.

The deficit in 2016 was $585 billion.
The deficit in 2017 was $665 billion.

The deficit in 2018 was $779 billion.

The projected deficit for 2019 is $1.092 trillion.

The projected deficit for 2020 is $1.101 trillion.

Obama inherited the largest deficit in history from Bush. This was because of the financial crisis and the worst recession since the Great Depression. The largest deficit in history (so far) was in 2009.

The federal budget of 2009 was a complex combination of Bush and Obama programs. Obama was inaugurated on Jan. 20th 2009. Most of the budget was passed by Bush (fiscal years start on Sept. 30th).

2009 United States federal budget

The United States federal budget for fiscal year 2009 began as a spending request submitted by President George W. Bush to the 110th Congress . The final resolution written and submitted by the 110th Congress to be forwarded to the President was approved by the House on June 5, 2008.

The government was initially funded through three temporary continuing resolutions . Final funding for the Department of Defense , Department of Homeland Security , and Department of Veterans Affairs was enacted on September 30, 2008 as part of the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 , while the remaining departments and agencies were funded as part of an omnibus spending bill , the Omnibus Appropriations Act, 2009 , on March 10, 2009.

Deficit
Decreased tax revenue and high spending resulted in an unusually large budget deficit of about $1.4 trillion, well above the $407 billion projected in the FY 2009 budget.^[10] A 2009 CBO report indicated that $245 billion, about half of the excess spending, was a result of the 2008 TARP bailouts . Spending increases and tax credits resulting from the American Recovery and Reinvestment Act of 2009 accounted for another $200 billion of the budget deficit.

The TARP bailouts ($245 billion) were passed during Bush's last year. Another $200 billion was added after Obama was in office. Together they added $445 billion to the trillion dollar deficit.

One of the other major factors that year was that federal revenue was down due to the severe recession.

BTW, Obama reduced that 2009 deficit by about over 40% during his tenure.

Now, the Trump tax cut is causing the deficit to rise again. Running a deficit is necessary during a recession. Our economy is healthy now so we should be reducing the deficit.

Trump's Big 'Win': The Largest Budget Deficit With A Strong Economy

Chuck Jones Senior Contributor

Federal deficits are one way to measure how well a President manages the economy. However, for a number of reasons a President can’t control the deficit; Congress is the governing body that decides the budgets (but the President does have to approve them), entitlement programs will grow unless they are changed and the economy goes through expansions and contractions (sometimes violently). A President can propose and get policies implemented that impact the budget and therefore deficits, but to a large degree, economic forces can overwhelm the best policies and intentions.

While most people tend to look at the amount of the deficit in billions (or even $1 trillion plus) of dollars, a better way to gauge it is to look at the deficit as a percentage of the nation’s GDP. This removes the impact of inflation on the government’s revenue and spending and makes for a better comparison.

Another factor in evaluating a President is the state of the economy as they enter office. The U.S. economy is a very large battleship whose direction is incredibly difficult to change in the short-term, so a President can have minimal impact in his first year or two in office. Timing on when a President starts their term also plays into the “results.”

One area that a President can have an immediate impact is changing the tax laws, which have a direct impact on the government’s revenues, either up or down. As seen in President Trump’s tax bill, there has been a fairly sizable reduction in corporate tax receipts, which negatively impacted the deficit in fiscal 2018 and the first three months of fiscal 2019 .

Trump will break the record

When you take into account how the economy is doing it shows that President Trump’s budget deficits as a percentage of GDP will exceed any other President’s during a time of economic expansion. From the Committee for a Responsible Federal Budget or CFRB, the chart’s blue line shows the deficit as a percentage of GDP. At the projected 4.6% for fiscal 2019 it will the be largest in a non-recession year and is expected to stay above this level in the future.

And the red line shows that it will only be worse if the 2017 tax cuts that are scheduled to expire for individuals and the increased 2018 discretionary spending caps are extended.

Obama had to navigate the Great Recession

When President Obama entered office the economy was in a free fall. The deficit hit 9.8% in fiscal 2009 but that was directly related to the Great Recession. As can be seen in the durable goods orders and housing charts below, they fell dramatically and bottomed just after Obama became President.

This led to much lower tax revenue ( 2.4% of GDP per the CFRB ) as people were laid off and companies made less money or even had losses. It also created higher spending (2.9% of GDP) for programs such as unemployment and food stamps.

Trump’s deficit will increase even as the economy grows

Multiple organizations ranging from the Congressional Budget Office to the Committee for a Responsible Federal Budget are projecting that the Federal deficit will increase even as the economy grows. Their projections are for it to increase less in 2019 than 2018, but still have many years of growth even though the current economic expansion is about to hit a decade.

The scary thing is if the economy stumbles and growth slows more than expected or enters a recession, the deficit will increase even more than what the chart shows. Unfortunately, the Shutdown will only add to the budget deficit this year as it negatively impacts the economy . Tariffs will have a positive impact on the government’s receipts but these are really a hidden tax on consumers and corporations .

Trump seems to believe (or at least that is what he says and his advisors have told him) that reducing taxes and cutting regulations will grow the economy enough to solve the debt problem. Stephen Moore from the Heritage Foundation and Larry Kudlow, Trump’s Director of the National Economic Council, are two proponents. Unfortunately, in the first year of the tax cuts, the deficit increased from $666 billion in fiscal 2017 to $779 billion in fiscal 2018 , an increase of $113 billion or 17%. It looks like they are on a path to $1 trillion or more as far as the eye can see.

While it will take a few years to play out it appears that the tax cuts gave the economy an initial boost in the June quarter but that it may have fallen off in the September and December quarters . If this trend continues it does not look like Trump will get close to the 6% growth he touted and the deficits will swell.

Aren't you glad you asked?

Masters Expert

13.1.9 author al Jizzerror replied to Texan1211 @13.1.8 6 years ago

Gee, you left out the deficit for Obama's second year.

Where is your fucking documentation?

I'm not going to do your homework.

Weak sauce, dude.

Yeah, your comments are definitely weak.

Masters Expert

13.1.11 author al Jizzerror replied to Texan1211 @13.1.10 6 years ago

Don't you even read your own sources? I got it from YOUR fucking source!

So why did you state this?

Gee, you left out the deficit for Obama's second year.

You seem confused.

Masters Expert

13.1.13 author al Jizzerror replied to Texan1211 @13.1.12 6 years ago

The economy Obama inherited from DuhBya was the worst recession since the Great Depression. The 2009 budget was passed during the Bush administration (and did not end until Sept.30, 2009 - the end of the fiscal year).

FY 2009 - $1.632 trillion. This was Bush's deficit without the impact of the Economic Stimulus Act.

In an attempt to get the economy out of the toilet, The Economic Stimulus Act was passed during Obama's administration so, in all fairness, it should not count against Bush.

FY 2009 - $253 billion. Congress passed the Economic Stimulus Act , which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama's contribution to the debt.

So the overall deficit in 2009 was: $1.885 trillion.

The economy Trump inherited was good. A fair comparison of Trump's deficit to Obama's deficit would be to compare Trump's first year to Obama's last deficit. Bear in mind that Trump's deficit has gone up every year since his first budget. So I'm using Trump's smallest deficit in this comparison. Obama's lowest deficit was $327 billion in FY2015.

Obama's last deficit was in 2017.

FY 2017 - $672 billion.

Trump's was inaugurated on Jan. 20, 2017 so his first budget year was 2018.

FY 2018 - $1.217 trillion.

All of the data in this comment was gleaned from this table (please look at the numbers):

Donald Trump: Trump plans to add $5.088 trillion to the debt in his first term. 5 That's a 30% increase from the $20.245 trillion debt at the end of Obama's last budget for FY 2017. If he remains in office for a second term, he plans to add $9.1 trillion. Trump had promised to eliminate the debt during his campaign.

FY 2021 - $1.276 trillion.

FY 2020 - $1.281 trillion.

FY 2019 - $1.314 trillion.

FY 2018 - $1.217 trillion.

Barack Obama: Added $8.588 trillion, a 74% increase from the $11.657 trillion debt at the end of Bush’s last budget, FY 2009.

FY 2017 - $672 billion.

FY 2016 - $1.423 trillion.

FY 2015 - $327 billion.

FY 2014 - $1.086 trillion.

FY 2013 - $672 billion.

FY 2012 - $1.276 trillion.

FY 2011 - $1.229 trillion.

FY 2010 - $1.652 trillion.

FY 2009 - $253 billion. Congress passed the Economic Stimulus Act , which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama's contribution to the debt.

George W. Bush : Added $5.849 trillion, a 101% increase from the $5.8 trillion debt at the end of Clinton's last budget, FY 2001.

FY 2009 - $1.632 trillion. This was Bush's deficit without the impact of the Economic Stimulus Act.

FY 2008 - $1.017 trillion.

FY 2007 - $501 billion.

FY 2006 - $574 billion.

FY 2005 - $554 billion.

FY 2004 - $596 billion.

FY 2003 - $555 billion.

FY 2002 - $421 billion.

Bill Clinton : Added $1.396 trillion, a 32% increase from the $4.4 trillion debt at the end of George H.W. Bush's last budget, FY 1993.

FY 2001 - $133 billion.

FY 2000 - $18 billion.

FY 1999 - $130 billion.

FY 1998 - $113 billion.

FY 1997 - $188 billion.

FY 1996 - $251 billion.

FY 1995 - $281 billion.

FY 1994 - $281 billion.

George H.W. Bush : Added $1.554 trillion, a 54% increase from the $2.857 trillion debt at the end of Reagan's last budget, FY 1989.

FY 1993 - $347 billion.

FY 1992 - $399 billion.

FY 1991 - $432 billion.

FY 1990 - $376 billion.

Ronald Reagan : Added $1.86 trillion, a 186% increase from the $998 billion debt at the end of Carter's last budget, FY 1981.

FY 1989 - $255 billion.

FY 1988 - $252 billion.

FY 1987 - $225 billion.

FY 1986 - $297 billion.

FY 1985 - $256 billion.

FY 1984 - $195 billion.

FY 1983 - $235 billion.

FY 1982 - $144 billion.

Jimmy Carter : Added $299 billion, a 43% increase from the $699 billion debt at the end of Ford's last budget, FY 1977.

FY 1981 - $90 billion.

FY 1980 - $81 billion.

FY 1979 - $55 billion.

FY 1978 - $73 billion.

HTTPS://WWW.THEBALANCE.COM/US-DEBT-BY-PRESIDENT-BY-DOLLAR-AND-PERCENT-3306296

If you examine the percentage deficit increase, Ronald Reagan was, by far, the biggest deficit increaser.

I bet you didn't expect that.

Masters Quiet

14 PJ 6 years ago

putin-trump-helsinki-meeting-funny-reactions-31-5b4f362184116__700.jpg

Masters Quiet

15 PJ 6 years ago

putin-trump-helsinki-meeting-funny-reactions-31-5b4f3510335db__700.jpg

Professor Quiet

16 Dean Moriarty 6 years ago

512 512

Junior Quiet

16.1 cobaltblue replied to Dean Moriarty @16 6 years ago

trump-supporters-are-like-christmas-lights-half-dont-work-and-36882378.png

Professor Principal

19 JohnRussell 6 years ago

800

Masters Quiet

22 PJ 6 years ago

merry-christmas-vs-happy-holidays-by-region

Masters Expert

22.1 author al Jizzerror replied to PJ @22 6 years ago

800

Masters Quiet

26 PJ 6 years ago

Masters Expert

26.1 author al Jizzerror replied to PJ @26 6 years ago

800

Professor Quiet

26.1.1 Dean Moriarty replied to al Jizzerror @26.1 6 years ago

512

Junior Quiet

26.1.2 cobaltblue replied to Dean Moriarty @26.1.1 6 years ago

Wonder if Melania's calling the second model of her girl-on-girl photo shoot to wish her Happy Holidays?

Masters Expert

26.1.3 author al Jizzerror replied to cobaltblue @26.1.2 6 years ago

Wonder if Melania's calling the second model of her girl-on-girl photo shoot to wish her Happy Holidays?

And to tell her to cum over because The Donald is out of town again.

Professor Principal

26.1.4 JohnRussell replied to cobaltblue @26.1.2 6 years ago

her girl-on-girl photo shoot

or arranging the next one. For Trump donors only.

Professor Quiet

26.1.5 Dismayed Patriot replied to JohnRussell @26.1.4 6 years ago

For Trump donors only.

No doubt it's going into her own personal piggy bank. I'm sure she's been squirrelling away the cash for the inevitable split with Trump as soon as he's out of office and looking at multiple indictments. I don't think she's going to get much of Trumps money due to a likely prenup, so she's got to be building her nest egg now, though I'm sure she knows the tell-all book she'll write after the divorce will also make her millions, as will the centerfold pictorial she's sure to get offered from Playboy. Not often Playboy has the chance of selling a "First Lady" edition.

Masters Expert

26.1.6 author al Jizzerror replied to Dismayed Patriot @26.1.5 6 years ago

I'm sure she knows the tell-all book she'll write after the divorce will also make her millions

There probably won't be a tell all book.

Trump requires his wives (and everyone else around him) to sign NDAs.*

*I don't understand how a NonDisclosure Agreement can prevent anyone from snitching on him about criminal activity. Micheal Cohen certainly disclosed lots of shit about Trump's crimes.

Masters Quiet

27 PJ 6 years ago