Create Account



The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show significantly less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.
Here's What Trump Needs To Do To Succeed as President

#26

(11-16-2024, 06:20 PM)mikesez Wrote:
(11-16-2024, 05:18 PM)Jag149 Wrote: This is a chart that shows who holds public debt, not what caused it. Therefore the title is inappropriate. Can you cite the source of provide a link? It appears to have been altered.  Thanks !

Incorrect. 
Debt is issued by the Treasury department when the budget is out of balance. That debt is sometimes purchased by the Federal reserve or by the social security trust fund. Those are also government actors. The debt held by the public is the excess that the other parts of the government were not able to absorb. 
The parts held by the public could include other countries, large hedge funds, mutual funds, and banks, but that chart does not break it down that way. The gray part is an estimate of how much lower the debt would be if the two tax cuts had not passed. It is an estimate, but it's probably more informed than an estimate that you or I could create.

My memory may be faulty but didn’t revenue go up after the tax cuts?  Or was that a few tax cuts back?  Regardless, our deficit has nothing to do with revenue and everything to do with spending.
Original Season Ticket Holder - Retired  1995 - 2020


At some point you just have to let go of what you thought should happen and live in what is happening.
 

Reply


Messages In This Thread
copycat - by copycat - 11-16-2024, 07:47 PM
RE: copycat - by Jag149 - 11-16-2024, 07:54 PM
RE: copycat - by mikesez - 11-16-2024, 09:50 PM
RE: copycat - by Jag149 - 11-16-2024, 11:41 PM
RE: copycat - by mikesez - 11-17-2024, 09:36 AM
RE: copycat - by Jag149 - 11-17-2024, 09:49 AM
RE: copycat - by mikesez - 11-16-2024, 09:29 PM
copycat - by copycat - 11-16-2024, 10:24 PM
RE: copycat - by mikesez - 11-17-2024, 10:02 AM
RE: copycat - by Jag149 - 11-17-2024, 10:06 AM
RE: copycat - by WingerDinger - 11-17-2024, 10:09 AM
copycat - by copycat - 11-17-2024, 10:14 AM
RE: copycat - by mikesez - 11-17-2024, 10:37 AM
RE: copycat - by Jag149 - 11-17-2024, 10:48 AM
RE: copycat - by mikesez - 11-17-2024, 12:31 PM
RE: copycat - by TDOSS - 11-17-2024, 12:50 PM
RE: copycat - by WingerDinger - 11-17-2024, 12:53 PM
copycat - by copycat - 11-17-2024, 05:48 PM
RE: copycat - by mikesez - 11-17-2024, 05:57 PM
copycat - by copycat - 11-17-2024, 07:28 PM
RE: copycat - by mikesez - 11-17-2024, 07:51 PM
RE: copycat - by Jag149 - 11-17-2024, 07:52 PM
RE: copycat - by mikesez - 11-17-2024, 08:27 PM
copycat - by copycat - 11-18-2024, 08:30 AM
RE: copycat - by mikesez - 11-18-2024, 10:02 AM
RE: copycat - by TDOSS - 11-17-2024, 12:27 PM
RE: copycat - by WingerDinger - 11-17-2024, 12:31 PM
RE: copycat - by Jag149 - 11-17-2024, 01:03 PM
RE: copycat - by TDOSS - 11-17-2024, 01:37 PM
RE: copycat - by The Real Marty - 11-17-2024, 01:06 PM
RE: copycat - by Jag149 - 11-17-2024, 01:41 PM
RE: copycat - by The Real Marty - 11-18-2024, 08:56 AM
RE: copycat - by Jag149 - 11-18-2024, 11:44 AM
copycat - by copycat - 11-16-2024, 09:56 AM



Users browsing this thread:
2 Guest(s)

The Jungle is self-supported by showing advertisements via Google Adsense.
Please consider disabling your advertisement-blocking plugin on the Jungle to help support the site and let us grow!
We also show less advertisements to registered users, so create your account to benefit from this!
Questions or concerns about this ad? Take a screenshot and comment in the thread. We do value your feedback.


ABOUT US
The Jungle Forums is the Jaguars' biggest fan message board. Talking about the Jags since 2006, the Jungle was the team-endorsed home of all things Jaguars.

Since 2017, the Jungle is now independent of the team but still run by the same crew. We are here to support and discuss all things Jaguars and all things Duval!