Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (67975)	4/23/2018 10:26:06 AM
From: Steve Lokness	Read Replies (1) \| Respond to of 361041

Where is that huge bump in revenue brought in during Reagan that some people are always crowing about?

To: TimF who wrote (67975)	4/23/2018 10:53:59 AM
From: neolib	Read Replies (1) \| Respond to of 361041

BS as usual: Simply put, the CBO expects that the U.S. government’s tax collections will continue to keep pace with their historical average as a percentage of the nation’s Gross Domestic Product, while spending is set to grow to far exceed its historic long term average. Here, I put lines through both. Its pure BS that the revenue line "will continue to keep pace with their historical average..." as that would imply the line was horizontal, and its also BS "while spending is set to grow to far exceed its historic long term average". The two slopes are in fact quite close.