Originally Posted by CPWILL
Respectfully, that is not a fact. That is an assessment which depends upon assumptions, some of which may - or may not - be valid. An example of a fact would be the fact that Revenues went up, even as the Deficit did.
Respectfully, that is not a fact. Revenues did not increase. They decreased, in spite of the new revenues from tariffs.

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A common misleading claim this fall has been that tax revenues have increased, even with the large tax cuts enacted last year. While it is technically true that fiscal year (FY) 2018 nominal revenue is higher than FY 2017 nominal revenue, revenue has fallen by more meaningful metrics. It has fallen in nominal dollars when comparing tax year to tax year and has fallen in real dollars and as a share of GDP under any scenario. Focusing specifically on revenues raised under the new tax code, revenue has declined by between 3.5 and 8 percent.
CRFB

You never change things by fighting the existing reality.
To change something, build a new model that makes the old model obsolete.
R. Buckminster Fuller