U.S. Posts Its Largest Budget Deficit Since 2013

>Deficit widened to $665.7 billion in the 2017 fiscal year
Drumpftards will defend this.

bloomberg.com/news/articles/2017-10-20/u-s-registers-largest-fiscal-year-budget-shortfall-since-2013

it will end up a lot worse. trillion dollar deficits coming up soon

>he doesn't understand that Fiscal year begins in October
>he doesn't understand that before October of this year the fiscal year was using Obama's economic policies

JEWkrainian detected.

DELET THIS

Y-you gotta spend m-money to m-make money, man.
43563767364256265D chess, man.
That's why I'm $2,000,000 in debt, man.
S-shills BTFO

It will grow even more.

Meanwhile I have a job and was unemployed for EIGHT YEARS while Obama was president

Fuck you nigger and fuck your momma

I like how its a steady curve straight up.

(((BERG)))

The debt is never intended to be paid back. The central bankers fiat currency system will collapse one day soon. It always does, fiat currencies have limited life span. Have you ever wondered why China was made into the manufacturing center for the world in the past several decades? So the central bankers can restart their system there after the western central banking system collapses.

Its almost like republicans aren't good at budgets, especially when they control the house and senate setting spending limits.

This is all inevitable. Doesn't matter who the president is, there is no stopping the coming collapse. Might as well enjoy the ride.

The U.S is inevitably fucked in the next 10 years

There are too many unpaid pensions and entitlement programs and a dwindeling tax base.
Blame the Boomers for noting having enough kids to continue the Ponzi scheme

cause we are going to kick off some more wars, duh

This

Fiat is basically a pyramid scheme.

>using this graph to make your point
>not ignoring the sharp derivative (rate of change) from 2008-2016
>not ignoring how the derivative (rate of change) starts slowing down in 2017

user is this bait or retardation? I could make the argument that this graph actually supports Trump's fiscal policy

THANKS OBONKO!!!! AND RNOS!

>debt declining year-after-year
>in the post-war era you were guaranteed a high-paying job, enough to support your entire family, with good benefits, and could save money for retirement
>debt reaches its lowest point right before Reagan
>steady increase since Reagan, except for a couple years before the 2000s
>massive, unprecedented deficit spending while American parents both have to work working multiple jobs (since they're underemployed or just getting shit pay), have to borrow fucktons of money for education, risk bankruptcy every time they get sick, and are lucky if they can afford a house within 100 miles of a city in a flyover state

What happened?

Trump is a real estate guy so he won't give a fuck about debt.

When interest rates are low and you can lock those rates in it makes no sense to conserve. I'd borrow infinite dollars at 0% interest. Effectively our government was getting an even better deal than that for several years because interest rates were below inflation rates.

Let me know when he catches up with obongo.

I support this.
let it all burn to the ground. quite honestly im tired of our country being in a literal state of serfdom being ruled by our Jewish lords.

Thomas Jefferson:
>“And to preserve our independence, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts, as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses; and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes; have no time to think, no means of calling the mismanagers to account; but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow-sufferers"

heil hitler sloter ze juzin!!!!!


cry havok an release the hounds of war!!

>what happened?
in 1973 Nixon nixed the physically backed US dollar and declare the dollar to be fiat, at the same time a privately owned organization named the US Federal Reserve was founded by a bunch of bankers and financial investors and this Federal Reserve began printing fiat money for the US, but charged the US interest on the money they printed so that at any given point in time there would be MORE debt owed than us dollars in existence.
Fast foward to today, and as we all know compound interest grows exponentially and thus its really no surprise that we owe a massive amount of debt and there isnt enough money to pay it all, because to pay it all would require more money to be printed which in turn would increase the debt owed.
in short, jews.

>Republicans want to cut social programs
>EVIL HEARTLESS REPUBLICANS DON'T CARE ABOUT DA POOR PIPO
>Deficit increases due to social spending
>GOOD FUCKING JOB DRUMPF CAN'T YOU MANAGE GOVERNMENT SPENDING

the fed is just a government agency

moron

can be cancelled tonight

The federal reserve was founded in the 1910s by Woodrow Wilson. Whatchu smoking?

>fed
>government agency
brainlet detected

fed is jsut a gov agency right

why what do u think it is u ponk?

US economy has been propped up for a decade.(((They))) will finally let it crash now and blame it on Don

the fed has nothing to do with the federal/state/local governments of the USA

it is a private bank

fuck off shill its 4D chess

fuk u is it

fed is just a gov agency

and unconstitutional