Davin News Server

On Sat, 02 Nov 2024 18:22:09 +0000,  Mitchell Holman says...  

> > Is it true Trump wants to roll back prices to 2016?    Will he issue a 
> > decree?
> > 
> 
> 
> I would be happy to see Trump roll back the federal debt to 2016 levels.

Trump yearly debt:
Year:		Debt in Billions:
2017		$20,245 
2018		$21,516
2019 		$22,719
2020 		$27,748
Total:		$92,228


Biden yearly debt:
Year:		Debt in Billions:
2021	 	$29,617
2022 		$31,420
2023 		$34,001
2024		$37,360 (projected but not exact - see below)
Total:		$132,398

U.S. Deficit Tops $1.8 Trillion In 2024 As Interest on Debt Surpasses Trillion-Dollar Mark

The Biden administration rang up a budget topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the third 
highest on record.

Interest expense for the year totaled $1.16 trillion, the first time that figure has topped the trillion-dollar level.

The Biden administration rang up a budget deficit topping $1.8 trillion in fiscal 2024, up more than 8% from the previous year and the 
third highest on record, the Treasury Department said Friday.

Even with a modest surplus in September, the shortfall totaled $1.833 trillion, $138 billion higher than a year ago. The only years the 
U.S. has seen a great deficit were 2020 and 2021 when the government poured trillions into spending associated with the Covid-19 pandemic.

The deficit came despite record receipts of $4.9 trillion, which fell well short of outlays of $6.75 trillion.

Government debt has swelled to $35.7 trillion, an increase of $2.3 trillion from the end of fiscal 2023.

One aggravating factor for the debt and deficit picture has been high interest rates from the Federal Reserve's series of hikes to fight 
inflation.

Interest expense for the year totaled $1.16 trillion, the first time that figure has topped the trillion-dollar level. Net of interest 
earned on the government's investments, the total was a record $882 billion, the third-largest outlay in the budget, outstripping all other 
items except Social Security and health care.

The average interest rate on all the government debt was 3.32% for 2024, up from 2.97% the previous year, a Treasury official said.

The government did run a surplus in September of $64.3 billion, the product in part of calendar effects that pushed benefit payments into 
August, which saw a $380 billion deficit, the biggest month of the year.

As a share of the total U.S. economy, the deficit is running above 6%, unusual historically during an expansion and well above the 3.7% 
historical average over the past 50 years, according to the Congressional Budget Office.

The CBO expects deficits to continue to rise, hitting $2.8 trillion by 2034. On the debt side, the office expects it to rise from the 
current level near 100% of GDP to 122% in 2034.

=====

So... same with Biden.

===============================================================================

The Liberal Argument Outline 

1. Use spun facts:

These can be found on Huffington Post, Daily Kos, MSNBC, and many other liberal sources. What they do is take facts, polls or arguments and 
add a liberal spin in a weak attempt to make bad news for liberals look good. These are easily debunked and exposed as lies by going to the 
original source and posting the hard, cold facts with NO spin. Note: At this point, you have won. It should never take more than one post 
to win an argument with a liberal. It is recommended that you claim victory and disengage at this point. If you continue, for fun or 
experimental purposes, no further logic will be forthcoming from the liberals.

2. The Next Step For The Liberal Will Be To Attempt To Discredit Your Source:

If it is Fox or any perceived "right wing" source, they will refuse to believe it. If it is a non-partisan source, they will claim it is 
right wing, if it is a left of center source, they will find another lefty source to "prove" you are wrong. They will not discuss the facts 
themselves, as they know they have lost. If you must go down this road (there is a high entertainment value), don't allow this diversion. 
Go back to the facts.

3. The Limbaugh Defense:

This is one that comes out early and often. Although you know they never listen to Rush Limbaugh and have no idea 
what he says, they will drag him out and claim you are a Ditto head. This is another diversionary tactic. It has no relevance and is an 
attempt to change the subject. The more desperate they are, the more childish and ridiculous the reference to Limbaugh becomes: Flush, 
LimpBag, etc. Ignore this and re-post the facts. DO NOT BE DIVERTED.

4. The Personal Attack:

Another common thread. Also designed to divert the lost argument. NEVER give any hint of personal information. Even 
something as innocuous as "I am a chef". They will attempt to engage you and call you a liar to divert attention from the original lost 
argument. Ignore this and re-post the facts yet to be refuted.

5. Name Calling:

Still another diversion. If you fail to give them any personal information, they will attempt to draw you out to gain more 
insight into your personal side. Then they will return to step 4. Ignore this.

6. The Liberal Bat Signal:

When they find out they are unable to engage you, divert you or goad you into a completely irrelevant topic, 
they will send out the Bat Signal. This is where a bunch of Liberals (or often, the same one using several names, i.e., Rudy) post a number 
of rapid fire posts congratulating the Liberal on handing you your head on a platter. This tactic often works on even the most logical and 
disciplined of us. The urge to rant must be resisted. Your rant will supply them with all the personal insight they need to spew hatred and 
personal attacks. The best tactic here is to use the same tactic back at them. Keep in mind, a Liberal will never admit you have a valid 
point (Dutch did, once), much less that you won a debate. So, the only reasons to continue a dialog with a liberal after the initial 
statement of facts that established your victory are for entertainment and educational purposes. If you refuse to take the bait and demand 
the topic remain on the original premise, they will eventually just go away and try to find someone else that will engage them on their 
terms.

Now, go away, Snowflake.