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moorookamick

23,958 Posts.

770

22/05/24

14:51

Post #: 73956475
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Originally posted by gumUnderfoot: ↑

Check out the US FEDERAL BUDGET DEFICIT (OFFICIAL) and (ACTUAL) against Trump's.

The federal deficit in 2020 was$3.1 trillion, equal to 14.9 percent of gross domestic product.
During fiscal year 2019, the budget deficit increased by $205.4 billion (26.4 percent) to$984.4 billionand net operating cost increased by $286.1 billion (24.7 percent) to $1.4 trillion.31 Jan 2023

Financial Report of the United States Government

During fiscal year 2018: A $127.1 billion increase in outlays was offset in part by a $13.8 billion increase in receipts to increase the budget deficit by $113.3 billion (about 17.0 percent) to$779.0 billion.

1 Executive Summary to the 2018 Financial Report of U.S. ...

The budget deficit (i.e., including the consolidated receipts and outlays from federal funds and the Social Security Trust Fund) increased from $587.4 billion in FY 2016 to $665.7 billion in FY 2017.9 Feb 2023

Trump the expert on bankruptcy.

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They both are, mate...fiddle dum and fiddle dee

IMO one of the death knells of the sinking US empire
will be an attempt to sink China by defaulting on debt.

And if that doesn't work, then there's always war.
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