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Welcome to Fairfax Underground, a project site designed to improve communication among residents of Fairfax County, VA. Feel free to post anything Northern Virginia residents would find interesting.
US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
So Pissed at Obama!
()
Date: December 22, 2014 01:17PM
Robust economic growth has helped push the U.S. budget deficit down to the lowest level since 2008, marking the sharpest turnaround in the government’s fiscal position in at least 46 years.
The shortfall of $483.4 billion in the 12 months ended Sept. 30 was 2.8 percent of the nation’s gross domestic product of $17.2 trillion over the same period, according to data compiled by Bloomberg using Commerce Department figures. The figure peaked at 10.1 percent of GDP in December 2009.
The shortfall of $483.4 billion in the 12 months ended Sept. 30 was 2.8 percent of the nation’s gross domestic product of $17.2 trillion over the same period, according to data compiled by Bloomberg using Commerce Department figures. The figure peaked at 10.1 percent of GDP in December 2009.
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Ijrjd
()
Date: December 22, 2014 01:19PM
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
lets face it...
()
Date: December 22, 2014 01:20PM
The US won't be seeing anymore than 2% - 3% GDP growth for a long time..
Brazil, India, and China will all have more growth
Brazil, India, and China will all have more growth
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Gerrymanderer2
()
Date: December 22, 2014 01:20PM
We need to throw grandma off the cliff and protect corporate tax dodging.
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
"debt" not "deficit", dumfuq
()
Date: December 22, 2014 01:40PM
Our troll is losing it.
Why so butthurt?
Why so butthurt?
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Gerrymanderer2
()
Date: December 22, 2014 02:05PM
we should of had austerity like Great Britain and Greece. They're doing so well. No debt at all. this is bullshit. The Republicans were right.
You dumb Republicans know that was the only other alternative right, your alternative and it failed miserably to correct the type of mess you left everywhere it was attempted.
I mean these are God damn facts with the clarity of history behind them. And you still mouth off about the debt.
You should of raised taxes you God damn bastards and we wouldn't have the debt we have.
You dumb Republicans know that was the only other alternative right, your alternative and it failed miserably to correct the type of mess you left everywhere it was attempted.
I mean these are God damn facts with the clarity of history behind them. And you still mouth off about the debt.
You should of raised taxes you God damn bastards and we wouldn't have the debt we have.
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Gerrymander3
()
Date: December 22, 2014 02:07PM
Damn Gerry did you miss a dose this morning. You sound like a luntic in a nursing home yelling at the TV and wanting your dinner at 3:30
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Gerrymanderer2
()
Date: December 22, 2014 02:10PM
I mean we just lived this shit. Not only did you fuck up the country, you were wrong about how to fix it and everywhere that tried your method is shit now.
Then we fix the fucking thing and you say the debt. Well we told you to raise taxes with the stimulus and give tax relief to the middle class.
Basically what you Republicans do is suffocate the middle class and poor for the rich. That causes a recession and then the rich lose more money than anyone.
Than rather than reversing what you did to ruin the country you want to use the recession as an excuse to double down and finish the fucker off.
Then after the fact you have the audacity to complain about the debt that it caused when the only ones that made off like bandits were the rich.
Edited 1 time(s). Last edit at 12/22/2014 02:13PM by Gerrymanderer2.
Then we fix the fucking thing and you say the debt. Well we told you to raise taxes with the stimulus and give tax relief to the middle class.
Basically what you Republicans do is suffocate the middle class and poor for the rich. That causes a recession and then the rich lose more money than anyone.
Than rather than reversing what you did to ruin the country you want to use the recession as an excuse to double down and finish the fucker off.
Then after the fact you have the audacity to complain about the debt that it caused when the only ones that made off like bandits were the rich.
Edited 1 time(s). Last edit at 12/22/2014 02:13PM by Gerrymanderer2.
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Cjfjdj
()
Date: December 22, 2014 02:18PM
Actually, in about 10 years this debt will be crushing and the U.S. won't be able to refinance it with paying much higher interest rates. Even Greece had a nice run until the maxing of the public credit card crushed it. I'd say 10 years max. Enjoy it while it lasts. Nothing is free. Printing money only lasts so long at 2% annual growth. The influx of nogs and Mexicans will certainly not save this country from fiscal collapse.
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Gerrymanderer2
()
Date: December 22, 2014 02:20PM
Cjfjdj Wrote:
-------------------------------------------------------
> Actually, in about 10 years this debt will be
> crushing and the U.S. won't be able to refinance
> it with paying much higher interest rates. Even
> Greece had a nice run until the maxing of the
> public credit card crushed it. I'd say 10 years
> max. Enjoy it while it lasts. Nothing is free.
> Printing money only lasts so long at 2% annual
> growth. The influx of nogs and Mexicans will
> certainly not save this country from fiscal
> collapse.
Yes, we know. And hopefully the country will die with you. And you shall rest in peace knowing that. Selfish bastards.
-------------------------------------------------------
> Actually, in about 10 years this debt will be
> crushing and the U.S. won't be able to refinance
> it with paying much higher interest rates. Even
> Greece had a nice run until the maxing of the
> public credit card crushed it. I'd say 10 years
> max. Enjoy it while it lasts. Nothing is free.
> Printing money only lasts so long at 2% annual
> growth. The influx of nogs and Mexicans will
> certainly not save this country from fiscal
> collapse.
Yes, we know. And hopefully the country will die with you. And you shall rest in peace knowing that. Selfish bastards.
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Hhdhfjf
()
Date: December 22, 2014 02:28PM
Gerrymanderer2 Wrote:
-------------------------------------------------------
> Cjfjdj Wrote:
> --------------------------------------------------
> -----
> > Actually, in about 10 years this debt will be
> > crushing and the U.S. won't be able to
> refinance
> > it with paying much higher interest rates.
> Even
> > Greece had a nice run until the maxing of the
> > public credit card crushed it. I'd say 10
> years
> > max. Enjoy it while it lasts. Nothing is free.
>
> > Printing money only lasts so long at 2% annual
> > growth. The influx of nogs and Mexicans will
> > certainly not save this country from fiscal
> > collapse.
>
> Yes, we know. And hopefully the country will die
> with you. And you shall rest in peace knowing
> that. Selfish bastards.
It will be all out civil war. We already all hate each other and that's with all this free shit for old people and nogs.
Imagine a world without free shit because the government spends 70% of its revenue just making interest payments. Iraq also looked calm under Saddam from the outside, then Boom!!! -> Civil Mother Fucking War.
-------------------------------------------------------
> Cjfjdj Wrote:
> --------------------------------------------------
> -----
> > Actually, in about 10 years this debt will be
> > crushing and the U.S. won't be able to
> refinance
> > it with paying much higher interest rates.
> Even
> > Greece had a nice run until the maxing of the
> > public credit card crushed it. I'd say 10
> years
> > max. Enjoy it while it lasts. Nothing is free.
>
> > Printing money only lasts so long at 2% annual
> > growth. The influx of nogs and Mexicans will
> > certainly not save this country from fiscal
> > collapse.
>
> Yes, we know. And hopefully the country will die
> with you. And you shall rest in peace knowing
> that. Selfish bastards.
It will be all out civil war. We already all hate each other and that's with all this free shit for old people and nogs.
Imagine a world without free shit because the government spends 70% of its revenue just making interest payments. Iraq also looked calm under Saddam from the outside, then Boom!!! -> Civil Mother Fucking War.
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
yo new dolla
()
Date: December 22, 2014 02:51PM
Re: US Deficit Drops to Lowest Since 2008, Sharpest Turn Around in 46 Years
Posted by:
Libs Media Reporting Facts
()
Date: December 22, 2014 10:22PM
Don't listen to the liberal media or FOX News.