Trumps debt ceiling problem

[Nostra]

Can you calculate the arithmetic average of 4 numbers, and determine if the result is greater than, less than, or equal to 3?

Not from Barry Hussein’s pathetic numbers, Simp.

2016	1.67%	-1.04%
2015	2.71%	0.42%
2014	2.29%	0.45%
2013	1.84%	-0.44%
2012	2.28%	0.73%
2011	1.55%	-1.16%
2010	2.71%	5.31%
2009	-2.60%	-2.72%

 

[YoursTruly]

Not from Barry Hussein’s pathetic numbers, Simp.

2016	1.67%	-1.04%
2015	2.71%	0.42%
2014	2.29%	0.45%
2013	1.84%	-0.44%
2012	2.28%	0.73%
2011	1.55%	-1.16%
2010	2.71%	5.31%
2009	-2.60%	-2.72%

LoL.. Obama is gone, and not trying to be president again. Let him go.
This is about Trumps disastrous record of spending and increasing the debt ceiling so he can spend more.

If you don't mind debt ceiling increases, just say so. If you only oppose them when a democrat is potus, then say that. It would make you a brainwashed hypocrite. But hey, there's a bunch of them like that.

If you don't support increasing the debt ceiling, then you can't really support Trump.

Time to choose.

 

[YoursTruly]

Are you suggesting dems don’t spend frivolously? And, I’m not defending trumps spending, I’m just pointing out that trump spent similarly to Obama, with the exception of Covid, but you are all just pointing out the problem with trump.

I'm suggesting that this thread isn't about the democrats. It's about Trump who's trying to become president again, who had a HUGE record of spending and increasing the debt ceiling so he can spend more.
Democrats have a record of spending way too much. But since Reagan, the GOP has spent more and increased the debt ceiling more times. <<<<Fact

If you're wanting a fiscal conservative president, Trumps not your guy. If you don't care about all the spending, borrowing and debt ceiling increases, then does it really matter if it's a republican or a democrat?

 

[Nostra]

LoL.. Obama is gone, and not trying to be president again. Let him go.
This is about Trumps disastrous record of spending and increasing the debt ceiling so he can spend more.

If you don't mind debt ceiling increases, just say so. If you only oppose them when a democrat is potus, then say that. It would make you a brainwashed hypocrite. But hey, there's a bunch of them like that.

If you don't support increasing the debt ceiling, then you can't really support Trump.

Time to choose.

I want a balanced budget amendment. Never approved of deficit spending by anyone.

HTH

 

[Orangecat]

And start walking.

No thanks. I'll drive and leave the walking to feckless losers like yourself, kid.

 

[The5thHorseman]

Not from Barry Hussein’s pathetic numbers, Simp.

2016	1.67%	-1.04%
2015	2.71%	0.42%
2014	2.29%	0.45%
2013	1.84%	-0.44%
2012	2.28%	0.73%
2011	1.55%	-1.16%
2010	2.71%	5.31%
2009	-2.60%	-2.72%

2014-04-01​	5.2​
2014-07-01​	4.7​
2014-10-01​	1.8​
2015-01-01​	3.3​

Real Gross Domestic Product


Do you see how fucking stupid you are now?

 

[The5thHorseman]

I want a balanced budget amendment. Never approved of deficit spending by anyone.

HTH

How will we know unless you reveal for whom you've voted?

 

[Orangecat]

 

[Nostra]

How will we know unless you reveal for whom you've voted?

How will you know what, Simp?

 

[YoursTruly]

I want a balanced budget amendment. Never approved of deficit spending by anyone.

HTH

But aren't you a Trump supporter?

Because increasing the debt ceiling to borrow and spend more is exactly what Trump is going to do. Seriously, he's on record for saying "just print more money."
I can't imagine him understanding the consequences of doing that. Doesn't he know that's what causes inflation? It causes prices and wages to increase. The totally opposite direction of where this needs to be going.
Prices and wages need to be coming down so that American manufactures (jobs) can stay here and still compete on the global market. So the jobs we lost can come back.
And so inflation will have a normal slow growth as China and Mexico's currency has.
BTW, this is why so many jobs have left the US for China and Mexico.

Trump's a monetary moron. He simply doesn't even care that he left us with trillions more in debt. The same exact thing that Biden is going to do.

 

[The5thHorseman]

How will you know what, Simp?

Never approved of deficit spending by anyone.

Are these your words, Simp?

 

[The5thHorseman]

No thanks. I'll drive and leave the walking to feckless losers like yourself, kid.

I bet you "drive" a rolling couch with a slush box.

 

[Orangecat]

I bet you "drive" a rolling couch with a slush box.

You're just not intelligent enough to be witty, kid.

 

[The5thHorseman]

You're just not intelligent enough to be witty, kid.

I was striving for Accuracy.

Which is why you're prying that bolt from your skull.

 

[Orangecat]

I was striving for Accuracy.

You should strive for coherence first, simplejack.
Example A:

Which is why you're prying that bolt from your skull.

 

[Nostra]

But aren't you a Trump supporter?

Because increasing the debt ceiling to borrow and spend more is exactly what Trump is going to do. Seriously, he's on record for saying "just print more money."
I can't imagine him understanding the consequences of doing that. Doesn't he know that's what causes inflation? It causes prices and wages to increase. The totally opposite direction of where this needs to be going.
Prices and wages need to be coming down so that American manufactures (jobs) can stay here and still compete on the global market. So the jobs we lost can come back.
And so inflation will have a normal slow growth as China and Mexico's currency has.
BTW, this is why so many jobs have left the US for China and Mexico.

Trump's a monetary moron. He simply doesn't even care that he left us with trillions more in debt. The same exact thing that Biden is going to do.

Gotta pick the lessor of two evils when it comes to deficits. Veggie Joe proposed running our debt up to $51 TRILLION over the next ten years.

 

[The5thHorseman]

You should strive for coherence first, simplejack.
Example A:

With what do you struggle?

 

[CowboyTed]

Trump's not in office....when he was he was able to work with Congress to ensure we didn't default...Xiden's there now, and has refused to work with Congress on it...it's XIden's problem

First lets be clear what the Debt Ceiling is...

The Debt Ceiling is paying your Credit Card bill... The money is already spent and you are now agreeing to settle by increasing the ceiling...

There is no negotiation at that stage. If you don't pay the bill the financial markets will make it far more expensive to release bonds... This will mean the cost of existing debt will go way higher... So it will cost more money...

So why is it Biden's job to convince congress to pay the bill on stuff they have already bought?

---------------
Rem: Government Debt is measure as a ratio to GDP not as a monetary value.
Also if you want to massively cut spending, go on a head..
It will severely collapse GDP and effectively make Debt to GDP worse..
US ability to finance that debt would be tougher and interest rates would be higher...


Really need adults in charge of Finance..

 

[The5thHorseman]

Gotta pick the lessor of two evils when it comes to deficits. Veggie Joe proposed running our debt up to $51 TRILLION over the next ten years.

"Lesser"

And you are mixing "deficits" and "debt" again.

Because you are a Simpleton.

 

[The5thHorseman]

First lets be clear what the Debt Ceiling is...

The Debt Ceiling is paying your Credit Card bill... The money is already spent and you are now agreeing to settle by increasing the ceiling...

There is no negotiation at that stage. If you don't pay the bill the financial markets will make it far more expensive to release bonds... This will mean the cost of existing debt will go way higher... So it will cost more money...

So why is it Biden's job to convince congress to pay the bill on stuff they have already bought?

---------------
Rem: Government Debt is measure as a ratio to GDP not as a monetary value.
Also if you want to massively cut spending, go on a head..
It will severely collapse GDP and effectively make Debt to GDP worse..
US ability to finance that debt would be tougher and interest rates would be higher...


Really need adults in charge of Finance..

They will never grasp why Supply Side Hucksters must deficit spend.