U.S. Debt appears to be slowing

[Toddsterpatriot]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

 

[Ted Frazier]

It was approx. 10T when Obama was elected, and increased to approx. 20T when he left. Today it stands 21.689T.

Based on the increase since Trump took office, 6.9T will have been added after Trump serves 8 years. It's still going into the wrong direction, but at least there are signs of improvement.

Obama inherited a recession.

 

[BlackFlag]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

Astonishingly bad; an accurate description of Trump’s and Reagan’s sense of fiscal responsibility

 

[Toddsterpatriot]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

Astonishingly bad; an accurate description of Trump’s and Reagan’s sense of fiscal responsibility

An accurate description of the idea that Trump could add an average of $5 trillion a year in debt for 8 years.

 

[kiwiman127]

It was approx. 10T when Obama was elected, and increased to approx. 20T when he left. Today it stands 21.689T.

Based on the increase since Trump took office, 6.9T will have been added after Trump serves 8 years. It's still going into the wrong direction, but at least there are signs of improvement.

Trump added 1.27 trillion in the past FY, how the fuck is that slowing down?


Sent from my iPhone using USMessageBoard.com

He's almost at 2 years into his Presidency

And he added 1.27 trillion to the debt in his first full Fiscal Year. In the midst of a booming economy.

do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?

 

[BlackFlag]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

Astonishingly bad; an accurate description of Trump’s and Reagan’s sense of fiscal responsibility

An accurate description of the idea that Trump could add an average of $5 trillion a year in debt for 8 years.

People probably said that about Reagan tripling the debt. Trump’s about to hit 2 trillion and that’s with the American and global economies recovered and running smoothly. The second some adversity strikes, who knows

 

[Toddsterpatriot]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

Astonishingly bad; an accurate description of Trump’s and Reagan’s sense of fiscal responsibility

An accurate description of the idea that Trump could add an average of $5 trillion a year in debt for 8 years.

People probably said that about Reagan tripling the debt. Trump’s about to hit 2 trillion and that’s with the American and global economies recovered and running smoothly. The second some adversity strikes, who knows

Trump’s about to hit 2 trillion

Not $5 trillion? DERP!

 

[Harpy Eagle]

It was approx. 10T when Obama was elected, and increased to approx. 20T when he left. Today it stands 21.689T.

Based on the increase since Trump took office, 6.9T will have been added after Trump serves 8 years. It's still going into the wrong direction, but at least there are signs of improvement.

Trump added 1.27 trillion in the past FY, how the fuck is that slowing down?


Sent from my iPhone using USMessageBoard.com

He's almost at 2 years into his Presidency

And he added 1.27 trillion to the debt in his first full Fiscal Year. In the midst of a booming economy.

do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Here is a link to the site ran by the Dept of Treasury...
Debt to the Penny (Daily History Search Application)

On 1 Oct 2017 the total debt was $20,244,900,016,053
On 30 Sept 2018 the total debt was 21,516,058,183,180

That is 1.272 trillion added to the debt in that time.

The Dems have done nothing just like the Repubs do nothing, which is why I vote for neither.

All of his Departments? Does that include the DOD, or the DHS?

We shall see if the budget he submits in the spring is smaller than the one he submitted last year.

 

[BlackFlag]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

Astonishingly bad; an accurate description of Trump’s and Reagan’s sense of fiscal responsibility

An accurate description of the idea that Trump could add an average of $5 trillion a year in debt for 8 years.

People probably said that about Reagan tripling the debt. Trump’s about to hit 2 trillion and that’s with the American and global economies recovered and running smoothly. The second some adversity strikes, who knows

Trump’s about to hit 2 trillion

Not $5 trillion? DERP!

Reagan convinced you rubes such massive increases were great, and Trump has you wrapped around his finger even more tightly than Reagan did. Give him time. Or hopefully, don’t. The sooner he’s removed the less limely the scenario becomes.

 

[Natural Citizen]

All of the my president is better than your president is silly. It's like grade school around here.

We're approaching the back end of a currency crisis. Prepare yourselves and quit waving your dicks at each other about nonsensical things. We've had a full blown socialist monetary policy since 1971. All of your presidents since then were socialist.

We have economic interventionism. We have a planned economy. We have a welfare state. We have inflationism. We have central economic planning by a central bank. We have a belief in deficit financing. It is so far removed from free-market capitalism that it’s foolish for people to label it free market.

And none of your presidents have offered an alternative. None.

Our economic system, like all socialist systems, is designed to fail.

 

[Toddsterpatriot]

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

Astonishingly bad; an accurate description of Trump’s and Reagan’s sense of fiscal responsibility

An accurate description of the idea that Trump could add an average of $5 trillion a year in debt for 8 years.

People probably said that about Reagan tripling the debt. Trump’s about to hit 2 trillion and that’s with the American and global economies recovered and running smoothly. The second some adversity strikes, who knows

Trump’s about to hit 2 trillion

Not $5 trillion? DERP!

Reagan convinced you rubes such massive increases were great, and Trump has you wrapped around his finger even more tightly than Reagan did. Give him time. Or hopefully, don’t. The sooner he’s removed the less limely the scenario becomes.

Tell me more about the $5 trillion a year.

 

[bripat9643]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

You do know that Obama had spent 9.5 trillion dollars over 8 years? That amounts to 1.15 trillion dollars average per year. What again is President Trumps numbers and oh yeah, his unemployment rate again? Now that it is President Trumps economy, that you bitches were wailing about, just earlier this week? Yeah, President Trump must have a pretty big magic wand to get such numbers, shame the last 1/2 white community agitators wand was a needle dick.

Paychecks rise to 9-year-high; Unemployment steady at 3.7% | 2018-11-02 | HousingWire

ccording to the report, the number of unemployed persons changed slightly from 6 million in September to 6.1 million in October.

The jobless rates for all other groups, including men at 3.5%, women 3.4%, teenagers at 11.9%, whites at 3.3%, blacks at 6.2%, Asians at 3.2% and Hispanics at 4.4% — these all showed little or no change over the month.

The average hourly earnings for all employees on private nonfarm payrolls increased by 5 cents to $27.30. Over the year, average hourly earnings have risen by 3.%.

Unfortunately for you welfare queens, your pay didnt go up, because lazy ass fuckers shouldn't get a raise, so continue to bitch and moan how unfair your lives are, and be victims of liberalism.

Obama’s deficits actually went down, as the government began spending less when the economy began improving. Trump’s 1st budget was larger than all but 1 of Obama’s. His next budget is looking to be even bigger.

Yeah, they went down after they went way up. He was against deficit spending before he was in favor of it.

 

[Aldo Raine]

It took Obama eight years to get the trillion dollar deficits he inherited down to less than half a trillion.

It took Trump less than a quarter of that time to boost them back to a trillion dollars.

GO TRUMP!

MAGA!

 

[Aldo Raine]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

I think he is.talking about the amount he is adding. Not total debt, but I could be wrong.

 

[ptbw forever]

Repubs won't have any interest in the debt or deficit until a Dem president is elected..

Plenty of Republicans are running on decreasing the debt.

And Trump will do that once he runs out of things to do from his campaign promises. Trump is already pulling out lesser promises.

 

[Toddsterpatriot]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

I think he is.talking about the amount he is adding. Not total debt, but I could be wrong.

He said.....

"He could become the 2nd President to ever tripke the national debt"

Tripling the debt means going from almost $20 trillion to almost $60 trillion in 8 years.

That would mean an addition of $5 trillion per year.

 

[Aldo Raine]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

I think he is.talking about the amount he is adding. Not total debt, but I could be wrong.

He said.....

"He could become the 2nd President to ever tripke the national debt"

Tripling the debt means going from almost $20 trillion to almost $60 trillion in 8 years.

That would mean an addition of $5 trillion per year.

Oh, gotcha. But 5X8=40, that would be $40,000,000,000,000. Wouldn't it be more like $4 trillion a year over 8 years? Just saying!

 

[Toddsterpatriot]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

I think he is.talking about the amount he is adding. Not total debt, but I could be wrong.

He said.....

"He could become the 2nd President to ever tripke the national debt"

Tripling the debt means going from almost $20 trillion to almost $60 trillion in 8 years.

That would mean an addition of $5 trillion per year.

Oh, gotcha. But 5X8=40, that would be $40,000,000,000,000. Wouldn't it be more like $4 trillion a year over 8 years? Just saying!

Tripling 20 brings it to 60. 60 is 40 more than 20.

 

[Aldo Raine]

Trump is alproaching Reagan levels of deficit spending. He could become the 2nd President to ever tripke the national debt. A real republican hero.

He could become the 2nd President to ever tripke the national debt.

Turn Obama's $19.947 trillion in debt into almost $60 trillion?

Even for a liberal, your math is astonishingly bad.

I think he is.talking about the amount he is adding. Not total debt, but I could be wrong.

He said.....

"He could become the 2nd President to ever tripke the national debt"

Tripling the debt means going from almost $20 trillion to almost $60 trillion in 8 years.

That would mean an addition of $5 trillion per year.

Oh, gotcha. But 5X8=40, that would be $40,000,000,000,000. Wouldn't it be more like $4 trillion a year over 8 years? Just saying!

Tripling 20 brings it to 60. 60 is 40 more than 20.

Yup, keep going back to individual added debt not total. My bad!

 

[buckeye45_73]

It was approx. 10T when Obama was elected, and increased to approx. 20T when he left. Today it stands 21.689T.

Based on the increase since Trump took office, 6.9T will have been added after Trump serves 8 years. It's still going into the wrong direction, but at least there are signs of improvement.

Trump added 1.27 trillion in the past FY, how the fuck is that slowing down?


Sent from my iPhone using USMessageBoard.com

He's almost at 2 years into his Presidency

And he added 1.27 trillion to the debt in his first full Fiscal Year. In the midst of a booming economy.

do you have a link?
And what did the democrats do to reduce the deficit. Nothing
But now we do have a growing economy, and Trump has ordered his departments to slash 5% or more.

Actually, the growing economy is slowing down.
"And U.S. economic growth is already slowing. In the third quarter, GDP growth retreated to a 3.5% annual rate, down from 4.2% the prior quarter. Going forward, economists expect growth to hit 2.9% in the fourth quarter, and 2.5% in the first quarter of 2019."
On top of that:
"There was a contraction in the manufacturing of metal products for the first time in two years — a key gauge of overall manufacturing activity — possibly the result of President Trump's multi-front trade war." The trade rhetoric is one of the dumbest things in the history of all administrations and it will cause a global recession,” Yusko told a recent investment conference. (Mark Yusko, founder of hedge fund Morgan Creek Capita)l
As predicted: "Business investment is laggardly. Rather than using their $1.2 trillion tax cut on capital spending, companies are on track for the biggest-ever year of stock buybacks, possibly reaching $1 trillion."
Watch out: 3 warning signs U.S. economy could be close to recession
So fears about a recession in the near future are in the economists community. If a recession does happen as predicted, is Trump going to add more $trillions of dollars to the National Debt. He spent well over a $trillion on the economy, when the economy are already growing, what's the stable genius going to do about a recession?

I get that that happens. But to say panic over going from 4.2 to 3.5 when the left said anything over 3 was virtually impossible is hilarious. We were lied to and told that we couldn't get that and you needed a magic wand to bring mfg jobs and growth back. I really believe people in this country hate it and don't want it to succeed and want to punish it for the sins we have (like slavery, except just about every country ever has been involved with it)