View Single Post
Old 08-03-2018, 05:02 PM   #77
spence
Registered User
iTrader: (0)
 
spence's Avatar
 
Join Date: Nov 2003
Location: RI
Posts: 21,231
Quote:
Originally Posted by JohnR View Post
Small deficits are OK to run a country, not a deficit that is 6 times annual receipts.

The fact that YOU don't care about deficits clearly establishes your credibility when it comes to things financial ; ) and if one can further draw conclusions...
Federal tax receipts are over 3 trillion in recent years, compared to Bush era deficts of over a trillion, Obama era deficits of 5-600 Billion or the mushrooming Trump deficits that will take us back over a trillion for the next decade.

While this doesn't seem to look good for Republicans it's nowhere near the 6x multiple you claim. The fact that YOU don't understand deficits clearly establishes your credibility when it comes to things financial ; ) and if one can further draw conclusions...
spence is offline