US Debt Is Now $23 Trillion And Climbing

[Treeshepherd]

Food and Agriculture makes up 1% of the federal budget. A portion of that skinny slice of pie goes to the food stamp program, if it's even called that anymore.

Trumptard logic- blame the deficit on food stamps

 

[AzogtheDefiler]

But the wealthy aren’t the same people year in and year out. So are AOC and Ilhan Omar wealthy? Is Dan Crenshaw wealthy?

Depends on how you define wealthy

Net worth of over $1mil and annual income of over $400k.

Then I would say none of those you mentioned are wealthy. I also do not believe there is much movement of people in and out of that range.

Wrong again.

No one stays in the Top 1% for long

Is that so.

So, if I look at the Forbes top 100 richest people this year and compare it to the same list 5 years ago all the names will be different? Is that what you are claiming?

100? 1% of 330mil is 3.3 million. LOL. Do you know how math works? And only 5% of the 3.3 mil stays in the top 1% per the article. Since you’re mathematically challenged that would approx 115k people.

 

[Mac1958]

Obama engaged in standard Keynesian economics, spending us out of the historic disaster he inherited.

Trump is doing something Keynes himself would have disagreed with, exploding spending and the deficit in a non-recessionary period.

Trump is to the Left of Keynes AND against everything the GOP claims to stand for on spending.

And yet, the sheep cheer.
.

 

[AzogtheDefiler]

Today's Republicans are nothing more than the Democratic party lite. They spend like a slightly less drunken sailor. In this area Trump is no different than Obama.

By the way this sites search function is amazing. You have been a member since 2011 but when doing a search for topics about debt, you only seem to comment about the debt accumulated by Republicans and not one word about Democrats or Obama which makes you a partisan hack.

While Obama's deficits were bad, a substantial part of those deficits came from the great recession that he inherited from Bush. In 2016 Obama's deficits were bad, but at least reasonable at ~ $580B, Trump has blown that up and when the next crash comes the deficit will explode to $2+T/yr. Recessions cause a massive loss in tax revenue, and usually require stimulus (increased deficit spending).

It's not Trump. He just signed the bills.

It's the GOP hypocrites.

This is a REPUBLICAN thing

When are people going to catch on?

They do this EVERY time

why do you pretend that Trump is not a Repub?

View attachment 288832

He is not a traditional Republican. He spends like a drunken sailor for one and he is against free trade. He is more nationalist imo than GOP.

When was the last Repub that did not spend like a drunken sailor?

Has there been one since Calvin?

Bush Sr? Idk. Debt is just a silly number these days.

 

[Treeshepherd]

57% of the federal budget goes to the military, in case we get attacked by Canada

 

[P F Tinmore]

When the GOP took over Congress in January 2015, the federal deficit was $439 billion. They immediately set to work doubling it.

Budget deficit smashes $1 trillion mark, the highest in seven years

When Trump was sworn in, the federal debt was $19.9 trillion.

As of this moment:

Trump: I will eliminate U.S. debt in 8 years


This past fiscal year, Trump spent more than anyone in the history of the Universe. He exceeded Obama's worst year of spending by a trillion dollars.

So much for being the party of small government.


Before you try to claim it isn't Trump's fault for some reason, you should know that I will find your posts where you blamed Obama for every penny of the debt accrued on his watch.

Before you try to say "Let me know when he's got more debt than Obama" bullshit hypocrisy, remember that you pseudocons started in on Obama's spending habit right at the beginning. You did not wait until he had beaten Bush's record.

So i guess all you're left with is to blame darkies and Muslims.

Who did we borrow it from?
Where did they get that much money?
Where did it go?

 

[Harpy Eagle]

While Obama's deficits were bad, a substantial part of those deficits came from the great recession that he inherited from Bush. In 2016 Obama's deficits were bad, but at least reasonable at ~ $580B, Trump has blown that up and when the next crash comes the deficit will explode to $2+T/yr. Recessions cause a massive loss in tax revenue, and usually require stimulus (increased deficit spending).

It's not Trump. He just signed the bills.

It's the GOP hypocrites.

This is a REPUBLICAN thing

When are people going to catch on?

They do this EVERY time

why do you pretend that Trump is not a Repub?

View attachment 288832

He is not a traditional Republican. He spends like a drunken sailor for one and he is against free trade. He is more nationalist imo than GOP.

When was the last Repub that did not spend like a drunken sailor?

Has there been one since Calvin?

Bush Sr? Idk. Debt is just a silly number these days.

Bush Sr added almost as much to the debt in 4 year as Obama did in 8, percentage wise.

In our lifetimes traditional Republicans have all spent like drunken sailor.

It tends to only be a silly number when your chosen party is in power

 

[Treeshepherd]

Bush Sr? Idk. Debt is just a silly number these days.

Nope, that war on drugs cost a lot of money

Debt held by the public relative to GDP rose rapidly again in the 1980s. President Ronald Reagan's economic policies lowered tax rates (Reagan slashed the top income tax rate from 70% to 28%, although bills passed in 1982 and 1984 later partially reversed those tax cuts.) and increased military spending, while congressional Democrats blocked cuts to social programs. As a result, debt as a share of GDP increased from 26.2% in 1980 to 40.9% in 1988, and it continued to rise during the presidency of George H. W. Bush, reaching 48.3% of GDP in 1992

 

[RealDave]

When the GOP took over Congress in January 2015, the federal deficit was $439 billion. They immediately set to work doubling it.

Budget deficit smashes $1 trillion mark, the highest in seven years

When Trump was sworn in, the federal debt was $19.9 trillion.

As of this moment:

Trump: I will eliminate U.S. debt in 8 years


This past fiscal year, Trump spent more than anyone in the history of the Universe. He exceeded Obama's worst year of spending by a trillion dollars.

So much for being the party of small government.


Before you try to claim it isn't Trump's fault for some reason, you should know that I will find your posts where you blamed Obama for every penny of the debt accrued on his watch.

Before you try to say "Let me know when he's got more debt than Obama" bullshit hypocrisy, remember that you pseudocons started in on Obama's spending habit right at the beginning. You did not wait until he had beaten Bush's record.

So i guess all you're left with is to blame darkies and Muslims.

Since when does a Russian Asset like you care about American Debt?

$23 Trillion Spent on DemTard Socialist War on Poverty that made people like Nancy Pelosi Rich.

Abolish The War on Poverty. And the Budget is Balanced.

Get a Job you Dirty Hippy!

Question is, do you care about the debt? If yes, then what are your thoughts on the current situation?

I care about The Debt Enough to Abolish Welfare, Food Stamps, Slash Government Jobs by 50% and cut their salaries and benefits by 20%.

I'd have no problem giving you and your friends their walking papers.

DemTards spent over $100 Million Dollars on COUP 1.0 and COUP 2.0.
Do you care about our politicians blowing our tax dollars like that?

We spend $150 Billion a year taking care of Illegal Aliens and wiping their filthy asses for them. Do you care about that?

Congratulations, you just created a depression and probably caused the death thousands of children.

 

[Lesh]

Obama engaged in standard Keynesian economics, spending us out of the historic disaster he inherited.

Trump is doing something Keynes himself would have disagreed with, exploding spending and the deficit in a non-recessionary period.

Trump is to the Left of Keynes AND against everything the GOP claims to stand for on spending.

And yet, the sheep cheer.
.

It's NOT just Trump.

This is Paul Ryan's wet dream and it all got handed to Trump by a GOP Congress

This is classic Republican economics

 

[AzogtheDefiler]

It's not Trump. He just signed the bills.

It's the GOP hypocrites.

This is a REPUBLICAN thing

When are people going to catch on?

They do this EVERY time

why do you pretend that Trump is not a Repub?

View attachment 288832

He is not a traditional Republican. He spends like a drunken sailor for one and he is against free trade. He is more nationalist imo than GOP.

When was the last Repub that did not spend like a drunken sailor?

Has there been one since Calvin?

Bush Sr? Idk. Debt is just a silly number these days.

Bush Sr added almost as much to the debt in 4 year as Obama did in 8, percentage wise.

In our lifetimes traditional Republicans have all spent like drunken sailor.

It tends to only be a silly number when your chosen party is in power

I have Never belonged to a party and I just turned 39.

 

[eagle1462010]

Blah........Blah..........Blah........

The path we are on is Unsustainable. It has been reported by the CBO for decades that it is unsustainable.

The unfunded liabilities coming and pensions will continue to increase the debt.

We have spent 8 Trillion in 18 years on War........

The only chance in hell to stop this would be killing most social programs to nearly nothing........and go bare bones for decades...........give the power back to the states as was intended by the Constitution and enumerated powers.

That isn't going to happen..........so we will go down this path until it implodes. Other nations around the world are doing the same...........And another Great Depression will occur.......the world will do Debt Forgiveness as the only way out........IMF calls it a GLOBAL RESET............and those that got us here will own all the paper to REAL VALUE ASSETS and do it to us again.

There is no stopping what is coming anymore.............it's only a matter of when.

 

[Treeshepherd]

Who did we borrow it from?

to corporations, foreign governments and individuals who buy T-Bills.

 

[Brain357]

When the GOP took over Congress in January 2015, the federal deficit was $439 billion. They immediately set to work doubling it.

Budget deficit smashes $1 trillion mark, the highest in seven years

When Trump was sworn in, the federal debt was $19.9 trillion.

As of this moment:

Trump: I will eliminate U.S. debt in 8 years


This past fiscal year, Trump spent more than anyone in the history of the Universe. He exceeded Obama's worst year of spending by a trillion dollars.

So much for being the party of small government.


Before you try to claim it isn't Trump's fault for some reason, you should know that I will find your posts where you blamed Obama for every penny of the debt accrued on his watch.

Before you try to say "Let me know when he's got more debt than Obama" bullshit hypocrisy, remember that you pseudocons started in on Obama's spending habit right at the beginning. You did not wait until he had beaten Bush's record.

So i guess all you're left with is to blame darkies and Muslims.

Today's Republicans are nothing more than the Democratic party lite. They spend like a slightly less drunken sailor. In this area Trump is no different than Obama.

By the way this sites search function is amazing. You have been a member since 2011 but when doing a search for topics about debt, you only seem to comment about the debt accumulated by Republicans and not one word about Democrats or Obama which makes you a partisan hack.

While Obama's deficits were bad, a substantial part of those deficits came from the great recession that he inherited from Bush. In 2016 Obama's deficits were bad, but at least reasonable at ~ $580B, Trump has blown that up and when the next crash comes the deficit will explode to $2+T/yr. Recessions cause a massive loss in tax revenue, and usually require stimulus (increased deficit spending).

It's not Trump. He just signed the bills.

It's the GOP hypocrites.

This is a REPUBLICAN thing

When are people going to catch on?

They do this EVERY time

why do you pretend that Trump is not a Repub?

View attachment 288832

He is not a traditional Republican. He spends like a drunken sailor for one and he is against free trade. He is more nationalist imo than GOP.

Spending like a drunken sailor is traditional republican at this point. Reagan tripled the debt and is the godfather of big deficits. Bush ruined a balanced budget. Trump increased Obama deficits....

 

[AzogtheDefiler]

Today's Republicans are nothing more than the Democratic party lite. They spend like a slightly less drunken sailor. In this area Trump is no different than Obama.

By the way this sites search function is amazing. You have been a member since 2011 but when doing a search for topics about debt, you only seem to comment about the debt accumulated by Republicans and not one word about Democrats or Obama which makes you a partisan hack.

While Obama's deficits were bad, a substantial part of those deficits came from the great recession that he inherited from Bush. In 2016 Obama's deficits were bad, but at least reasonable at ~ $580B, Trump has blown that up and when the next crash comes the deficit will explode to $2+T/yr. Recessions cause a massive loss in tax revenue, and usually require stimulus (increased deficit spending).

It's not Trump. He just signed the bills.

It's the GOP hypocrites.

This is a REPUBLICAN thing

When are people going to catch on?

They do this EVERY time

why do you pretend that Trump is not a Repub?

View attachment 288832

He is not a traditional Republican. He spends like a drunken sailor for one and he is against free trade. He is more nationalist imo than GOP.

Spending like a drunken sailor is traditional republican at this point. Reagan tripled the debt and is the godfather of big deficits. Bush ruined a balanced budget. Trump increased Obama deficits....

Boom! Debt is irrelevant to politicians and voters

 

[P F Tinmore]

Who did we borrow it from?

to corporations, foreign governments and individuals who buy T-Bills.

Let me rephrase that.

The constitution gives congress the authority to create money. If the government needs $100.00 congress can create $100.00.

Then who would we owe that to?

 

[Rustic]

That's not a link, the magic negro went years with out a spending bill (budget)

No?

Here is a picture of Trump signing a spending bill..

View attachment 288785

lol
You clowns should have worried about the national debt decades ago... The country past the point of no return sometime in the 40s and 50s

We had a balanced budget with Clinton. Then a repub got elected...

Lol
That means nothing if there still a debt, You fucking retard

Economics is foreign to you eh? We can grow out of debt with a balanced budget.

Lol
Not a 20+ trillion one... dumbass

 

[Rustic]

Here is a picture of Trump signing a spending bill..

View attachment 288785

lol
You clowns should have worried about the national debt decades ago... The country past the point of no return sometime in the 40s and 50s

We had a balanced budget with Clinton. Then a repub got elected...

Lol
That means nothing if there still a debt, You fucking retard

Economics is foreign to you eh? We can grow out of debt with a balanced budget.

Lol
Not a 20+ trillion one... dumbass

Especially when there is not supposed to be any debt to begin with

 

[Sun Devil 92]

When the GOP took over Congress in January 2015, the federal deficit was $439 billion. They immediately set to work doubling it.

Budget deficit smashes $1 trillion mark, the highest in seven years

When Trump was sworn in, the federal debt was $19.9 trillion.

As of this moment:

Trump: I will eliminate U.S. debt in 8 years


This past fiscal year, Trump spent more than anyone in the history of the Universe. He exceeded Obama's worst year of spending by a trillion dollars.

So much for being the party of small government.


Before you try to claim it isn't Trump's fault for some reason, you should know that I will find your posts where you blamed Obama for every penny of the debt accrued on his watch.

Before you try to say "Let me know when he's got more debt than Obama" bullshit hypocrisy, remember that you pseudocons started in on Obama's spending habit right at the beginning. You did not wait until he had beaten Bush's record.

So i guess all you're left with is to blame darkies and Muslims.

This is just getting ridiculous.

Sooner or later....congress and Trump won't be able to hide.

 

[Brain357]

While Obama's deficits were bad, a substantial part of those deficits came from the great recession that he inherited from Bush. In 2016 Obama's deficits were bad, but at least reasonable at ~ $580B, Trump has blown that up and when the next crash comes the deficit will explode to $2+T/yr. Recessions cause a massive loss in tax revenue, and usually require stimulus (increased deficit spending).

It's not Trump. He just signed the bills.

It's the GOP hypocrites.

This is a REPUBLICAN thing

When are people going to catch on?

They do this EVERY time

why do you pretend that Trump is not a Repub?

View attachment 288832

He is not a traditional Republican. He spends like a drunken sailor for one and he is against free trade. He is more nationalist imo than GOP.

Spending like a drunken sailor is traditional republican at this point. Reagan tripled the debt and is the godfather of big deficits. Bush ruined a balanced budget. Trump increased Obama deficits....

Boom! Debt is irrelevant to politicians and voters

Hey I vote and it matters to me. It mattered to some republicans when they could blame Obama. We need another Perot to make it a big issue again.