Bidenomics

The hypocrisy of the conservitard fucks is bottomless.

A budget deficit is when expenditures exceed revenues. Got it so far, conservitards?

Therefore, there are two factors that could create a deficit: insufficient revenues or excess expenditures. Are you still with me, dumbass shortbus conservitard fucks?

Therefore, reducing revenues can create a deficit, if expenditures are not decreased to compensate. Increasing expenditures can create a deficit, if revenues are not increased to compensate. Still with me, conservitard idiots?

Trump cut corporate taxes in half, reducing government revenues by over $2 trillion per year---without decreasing expendiitures in any way. And those cuts will persist until at least 2025.

Got it, dumb conservitard fucks? A massive loss of revenue amounting to over $15 trillion.

That's why there is a deficit. DUHHHHHHHH.

Trump cut corporate taxes in half, reducing givernment revenues by over $2 trillion per year

If stupid kevin read the earlier link he would have noticed that corporate tax revenues have never been

more than $1t, so the tax cut couldn't have been $2t

He would also have noticed that tax revenues are at an all time high, (link provided already), so as previously stated the problem is expenses not revenue

1. Those weren't the only government revenue reductions caused by Trump, stupid.

2. The "all time high" number is meaningless without context. Government tax revenues will naturally increase year by year as long as the country's population continues to grow. Each succeeding year SHOULD be an all-time high in tax revenues.

3. "The problem" is both expenses AND revenue. Only a silly child (like stupid Tommie-poo) would consider one to be independent of the other in terms of effect on the budget.

Stupid Tommie-poo.

Stupid Kevin. Revenue for last 6 years has grown faster than either inflation, GDP or population 

growth. The problem is that spending has grown even faster. It is a spending problem. 

Of course it's grown. Population increase. More taxpayers.

DUHHHHHHHHHH.

Spending has also grown, because of that same population increase.

DUHHHHHHHHHH.

The population has aged on a relative basis, so more people are collecting retirement benefits and fewer are earning. That means that spending has increased faster than before.

DUHHHHHHHHHH.

If you, the government, anyone, doesn't have enough money, you're either not earning enough or spending too much. To say that it's one without considering the other as well is STOOOOOOPID.

Stupid Tommie-poo STOOOOOOPID.

The smart people in government (Democrats) have known this was coming for decades. The Republiholes get off on threatening to shut down the government and waging culture wars, rather than governing.

Any problems are strictly the RepubliQ's fault.

No - we dont have to guess what they "meant".   They spelled out exactly  what they meant in so many words.  And they directly blame the debt limit hostage negotiations which you so vehemently supported.    Here it is again.....

""Fitch had warned May 24 that it could remove the government’s triple-A rating as Congress again struggled to raise the borrowing limit. A deal was reached nearly a week later that suspended the limit and cut about $1.5 trillion from the government deficit over the next decade.

Fitch cited the worsening political divisions around spending and tax policy as a key reason for its decision. It said U.S. governance has declined relative to other highly rated countries and it noted “repeated debt limit standoffs and last-minute resolutions.” 

So in summary - Tom's expertise in our country's credit rating is about on par with his ability to diagnose alzheimers and measure climate change.

directly blame the debt limit hostage negotiations

Nowhere did they mention Republicans.  They do refer to the government's inability to maage debt

One more time

Fitch announced Tuesday it has officially downgraded the United States' long-term foreign-currency issuer default rating to "AA+" from "AAA," saying the downgrade "reflects the expected fiscal deterioration" and the nation's heavy debt burden. The ratings agency pointed the America's "erosion of governance," rising deficits, and tightening by the Federal Reserve. It also said its expects the U.S. economy to slip into a mild recession in the fourth quarter.

The problem is the increased debt, rising deficits & the inability of the government to manage this.

Of course it's grown. Population increase. More taxpayers. DUHHHHHHHHHH.

Spending has also grown, because of that same population increase.

Another kevin lie - population growth is 3% since 2017,  Spending has increased 54%

Tom cant remember which party said they wouldnt increase the debt limit without policy negotiations....or recall any of his cheerleading for their efforts on that front.

And Tom says Joe Biden has mental cognition problems.

Deary, deary, dear.

I didn't say that population growth was the only factor. In fact, I spelled it out in words I thought were simple enough for even YOU to understand. I guess I was wrong about that.

BTW your figures are completely bogus, but I'm not going to argue with you.

Stupid Tommie-poo.