USA Yearly National Deficit Numbers Declining...

by 54 comments



Projected for 2014 - around 540 billion.


BTW...


The deficit is the yearly shortfall of the federal gov.

The national debt is the total amount the federal gov owes to various parties which is now around 17 trillion.
#off topic
  • Profile picture of the author Horny Devil
    • Profile picture of the author seasoned
      Originally Posted by Horny Devil View Post

      BTW he was WRONG! There are at least FOUR! Not that it matters TOO much, because the US is being attacked on ALL FOUR FRONTS! I WOULD tell you the other two, but TOO POLITICAL.

      Steve
  • Profile picture of the author garyv
    Thank goodness for sequestration...
  • Profile picture of the author seasoned
    So what happened to the like 20TRILLION outside of that? Last I saw, the average "budget deficit" was like 1.6Trillion/year(So the effect on the debt is 1T, 2T, 3.6T,5.2T,6.8T,8.5T,10.1T,11.6T). and that was since 2008(So just the last 8 years, about 11.6T in DEBT, according to the "budget"! It didn't start with Bush, but it was before this admin.). And don't forget the debts slated to start increasing about 2 weeks ago.

    ALSO, PLEASE tell congress! And PLEASE PLEASE tell S&P, MOODY'S, ETC.... AND PLEASE PLEASE PLEASE tell the US DEBT CLOCK: U.S. National Debt Clock : Real Time

    They STILL seem to think our debt is about $17.321T+

    Steve
    • Profile picture of the author HeySal
      Originally Posted by seasoned View Post

      So what happened to the like 20TRILLION outside of that? Last I saw, the average "budget deficit" was like 1.6Trillion/year(So the effect on the debt is 1T, 2T, 3.6T,5.2T,6.8T,8.5T,10.1T,11.6T). and that was since 2008(So just the last 8 years, about 11.6T in DEBT, according to the "budget"! It didn't start with Bush, but it was before this admin.). And don't forget the debts slated to start increasing about 2 weeks ago.

      ALSO, PLEASE tell congress! And PLEASE PLEASE tell S&P, MOODY'S, ETC.... AND PLEASE PLEASE PLEASE tell the US DEBT CLOCK: U.S. National Debt Clock : Real Time

      They STILL seem to think our debt is about $17.321T+

      Steve
      This admin is making up all sorts of figures. Go figure. And...the deficit is different from the debt. The debt CAN'T go down under this fiat currency. It doesn't work that way. That's why the "debt" is more of a diversionary device to scare people who don't understand the difference between macro and micro economics. YOU can pay a personal debt down.

      The money to pay down the debt on a national level doesn't exist. Every time a dollar is printed it costs xx to print it and then there is also a % attached to it. Where does the money come from to pay that? It doesn't exist. You have to print it (i.e. - accrue more debt). The only way the debt can be decreased is if part or all of it is cancelled.

      The main reason the money system was set up like this was to steal the people's freedom. We are surfs to the world bank. The contract either is about to expire or did, and we could be free people again if Congress didn't revote us back into the system. Since they are just electing a new person to run the fed, it looks like they signed us up for another hundred years of slavery. Exciting huh?
  • Profile picture of the author travlinguy
    The deficit is declining. This great news is brought to you by the people who cannot account for 9 Trillion dollars...

    • Profile picture of the author seasoned
      Originally Posted by travlinguy View Post

      The deficit is declining. This great news is brought to you by the people who cannot account for 9 Trillion dollars...

      THAT'S what happened! OK, OK, I'll tell you the 3rd way you destroy a country! Have the "leadership" and/or media ******LIE******!

      OK, they just said they lost 9T, and don't count it as the debt. VIOLA! INSTANT deficit reduction! This is done ALL THE TIME. With PEOPLE, usually something ends up getting repossessed, or people get killed.

      Steve
  • Profile picture of the author socialentry
    HELL YES STARGATE == AWESOME TV SHOW
  • Profile picture of the author seasoned
    BTW I will reiterate ****MY**** position that I gave you several years ago with the FIRST bill, which I DID read cover to cover. EVERY one of my predictions that I made up to about 2019 has come TRUE! So maybe you should listen. HECK, even the one I am about to tell you is now *********FACT********** for MILLIONS of people!

    OK, so is there a bailout for the healthcare industry or insurance? In the original bill, and apparently the current one, *****NOPE*****! Will the insurance companies go bankrupt? YEP! So do they have plans for what to do if the insurance companies go bankrupt? YEP! So WHAT is the plan? EASY! It IS in the original bill, and they have ALREADY started implementing it! They switch people to medicare and/or medicaid!

    THAT is the "single payer plan" they claimed that they never provided for and always said they wanted! EVEN people that can pay, like Ted Cruz, are finding that ACA is forcing at least SOME family members to the other plans! IRONICALLY, they tend to be the YOUNGER ones. Is it mere coincidence that these are PRECISELY the ones the insurance companies need to offset the new burdens from the "pre existing conditions OK requirement"?

    Steve
  • Profile picture of the author TLTheLiberator
    U.S. Posts Record 53B December Surplus on Fannie Mae Payments


    http://www.bloomberg.com/news/2014-0...-payments.html
    • Profile picture of the author seasoned
      Originally Posted by TLTheLiberator View Post

      U.S. Posts Record 53B December Surplus on Fannie Mae Payments
      Wasn't that one of the FEDERAL plans that went under, was bailed out, forced to provide inferior loans, etc....? That WAS one of the reasons for the 2008 crash.

      BTW there WERE only THREE! GNMA(AKA Genny Mae), FHLMC(AKA Freddy Mac, don't ask me WHY), and FNMA(AKA Fannie Mae)!

      NOW, if they REALLY got that surplus, which is IMPOSSIBLE, since the average loan is 30 years, and it has only been SIX, WHY didn't they pay all those that LOST because of their FRAUD!?!?!?!?

      Steve
  • Profile picture of the author SteveJohnson
    I think there are plenty of reasons to attack Obamacare, beginning with the fact that, at the moment, it just exists. Thousands upon thousands of people have lost their insurance, the implementation is rife with lawlessness and incompetence, and the adverse effects it will have on the country at large are enormous. People have lost jobs, had their hours cut back, lost their employer-sponsored insurance and don't have the economic resources to get it back. It is a disaster.

    Lipstick on a pig, and all that. And what's worse, when it all explodes, the people who put it in place are going to stand back and do an Urkel:

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