US Debt Is Now $23 Trillion And Climbing

[g5000]

"The debt is growing faster than the economy and that is unsustainable," Powell said.

 

[Meister]

"The debt is growing faster than the economy and that is unsustainable," Powell said.

I fully agree with you, we need to hold all politicians feet to the fire and stop with frivolous spending.
It's our money and they work for us

 

[Sapient MAGA Hat]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

 

[g5000]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

BWA-HA-HA-HA-HA-HA!

You have a funny definition of "doing his best". If doubling the deficit is "doing his best", then Trump should be kicked to the curb as quickly as possible.

 

[Sapient MAGA Hat]

BWA-HA-HA-HA-HA-HA!

You have a funny definition of "doing his best". If doubling the deficit is "doing his best", then Trump should be kicked to the curb as quickly as possible.

President Trump would never order a hamburger with Dijon mustard like that kenyan communist jihadist Obama who destroyed out country. Consider this conversation over, because there is nothing that can be said to change these facts about Obama ruining our nation,

 

[g5000]

BWA-HA-HA-HA-HA-HA!

You have a funny definition of "doing his best". If doubling the deficit is "doing his best", then Trump should be kicked to the curb as quickly as possible.

President Trump would never order a hamburger with Dijon mustard like that kenyan communist jihadist Obama who destroyed out country. Consider this conversation over, because there is nothing that can be said to change these facts about Obama ruining our nation,

You're right. Trump would never stay married or faithful to just one woman like that totally corrupt Obama did, either.

 

[Sapient MAGA Hat]

BWA-HA-HA-HA-HA-HA!

You have a funny definition of "doing his best". If doubling the deficit is "doing his best", then Trump should be kicked to the curb as quickly as possible.

President Trump would never order a hamburger with Dijon mustard like that kenyan communist jihadist Obama who destroyed out country. Consider this conversation over, because there is nothing that can be said to change these facts about Obama ruining our nation,

You're right. Trump would never stay married or faithful to just one woman like that totally corrupt Obama did, either.

It's amazing how you libs focus on irrelevant non-issues like President Trump's marriages, business deals, NATO dealings, taxes, foreign & domestic policies, trade and whatever nonsense you people dream up, but you always gave that illegally elected white house squatter named 0bummer a pass on serious issues such as him wearing a tan suit or ordering elitist spicy mustard for his hamburger and the embarrassment that caused for America. It wasn't until President Trump kicked Obama out of office at the behest of us True Americans™ that I once again felt proud of my country and being an American. Sadly the fact that liberals are still allowed to roam freely while bashing out president and country gets me down at times, but I have a feeling this will change soon enough. Once we done with this so-called 2020 election/2020 coup, I suspect President Trump is going to finally take steps to ensure you people cannot steal our country from us again. I hope he does something even before the 2020 coup to protect our democracy. We need to suspend the elections until the democrat party threat is eliminated, because right now our democracy is under attack from you people. If we don't suspend the 2020 coup to protect our democracy, then there is no telling what might happen if someone like those communists Biden or Andrew Yang get into office.

 

[rightwinger]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

Trump was given a decreasing deficit and doubled it

All in a strong economy

 

[RealDave]

"The debt is growing faster than the economy and that is unsustainable," Powell said.

I fully agree with you, we need to hold all politicians feet to the fire and stop with frivolous spending.
It's our money and they work for us

Everyone but Trump & the Republicans. I get it.

 

[Mac1958]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

Trump was given a decreasing deficit and doubled it

All in a strong economy

PHAKE NUZE


.

 

[Meister]

"The debt is growing faster than the economy and that is unsustainable," Powell said.

I fully agree with you, we need to hold all politicians feet to the fire and stop with frivolous spending.
It's our money and they work for us

Everyone but Trump & the Republicans. I get it.

Please point out where I carved out anyone from my quote of,
".....we need to hold all politicians feet to the fire and stop with frivolous spending.
It's our money and they work for us."
Go ahead, I'll wait . You are such a hack, and not a very smart one.

 

[Sapient MAGA Hat]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

Trump was given a decreasing deficit and doubled it

All in a strong economy

It costs a lot of money to fix all the damage done. President Trump's increasing deficit is the good kind that will pay off in dividends. We would be doing even better if the democrat party stop blocking all the tax cuts we really need. If anything, we should be cutting taxes for the job creators and making sure the poor finally pay their fair share by getting rid of the standard deduction and turning the tax system around so taxes start high and then go down as income raises, and also make it so that the standard deductions and the ability to itemize deductions only come into play after a certain income threshold is met (say $100k) This would encourage people to work harder and earn more money, because once they earn a certain amount they won't have to pay any taxes, and being poor becomes prohibitively expensive. So, those who cannot make it either learn to work harder, leave the country, or decide life isn't worth living.

 

[airplanemechanic]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

Trump was given a decreasing deficit and doubled it

All in a strong economy

It costs a lot of money to fix all the damage done. President Trump's increasing deficit is the good kind that will pay off in dividends. We would be doing even better if the democrat party stop blocking all the tax cuts we really need. If anything, we should be cutting taxes for the job creators and making sure the poor finally pay their fair share by getting rid of the standard deduction and turning the tax system around so taxes start high and then go down as income raises, and also make it so that the standard deductions and the ability to itemize deductions only come into play after a certain income threshold is met (say $100k) This would encourage people to work harder and earn more money, because once they earn a certain amount they won't have to pay any taxes, and being poor becomes prohibitively expensive. So, those who cannot make it either learn to work harder, leave the country, or decide life isn't worth living.

Why would you want to have taxes on poor people high? Isn't there enough poverty?

 

[Sapient MAGA Hat]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

Trump was given a decreasing deficit and doubled it

All in a strong economy

It costs a lot of money to fix all the damage done. President Trump's increasing deficit is the good kind that will pay off in dividends. We would be doing even better if the democrat party stop blocking all the tax cuts we really need. If anything, we should be cutting taxes for the job creators and making sure the poor finally pay their fair share by getting rid of the standard deduction and turning the tax system around so taxes start high and then go down as income raises, and also make it so that the standard deductions and the ability to itemize deductions only come into play after a certain income threshold is met (say $100k) This would encourage people to work harder and earn more money, because once they earn a certain amount they won't have to pay any taxes, and being poor becomes prohibitively expensive. So, those who cannot make it either learn to work harder, leave the country, or decide life isn't worth living.

Why would you want to have taxes on poor people high? Isn't there enough poverty?

Because they use the most government services and should pay for them.

 

[Redfish]

you said that the UE rate was dropping for the 8 obama years, soooooooooo, you must believe that something Bush did caused it/started it. your words, not mine.

ummmm....I said nothing about Obama, I said eight years before the Trump tax cuts

2018- 8 = 2010

ok, so exactly what did obama do to make the UE rate fall? specific actions that he took? since the UE rate takes some time to respond to actions, are you sure it was obozo and not bushey?

Let’s look at what Obama did to end the Great Bush Recession of 2008

Within two months of taking office, he passed an $800 billion stimulus package to force money into a collapsing economy

Upon passing that stimulus package, the panic that was causing layoffs and pulling capital out of the economy subsided

Unemployment went from losing 800,000 jobs a month to positive employment numbers in four months

so under obozo we paid 800 billion for 200 thousand jobs. Do the math, that was a terrible deal.

Did more than that
It provided tax cuts, public works expenditures, supported employment of public employees

It’s impact stopped a Depression

BS, there were no tax cuts, no shovel ready jobs, but yes, he did increase the federal payroll and who do you think paid for that?

there was no depression in 08, thats just liberal bunk. there was a market correction driven by bad democrat mortgage policy, nothing more.

 

[Redfish]

ummmm....I said nothing about Obama, I said eight years before the Trump tax cuts

2018- 8 = 2010

ok, so exactly what did obama do to make the UE rate fall? specific actions that he took? since the UE rate takes some time to respond to actions, are you sure it was obozo and not bushey?

Let’s look at what Obama did to end the Great Bush Recession of 2008

Within two months of taking office, he passed an $800 billion stimulus package to force money into a collapsing economy

Upon passing that stimulus package, the panic that was causing layoffs and pulling capital out of the economy subsided

Unemployment went from losing 800,000 jobs a month to positive employment numbers in four months

so under obozo we paid 800 billion for 200 thousand jobs. Do the math, that was a terrible deal.

Did more than that
It provided tax cuts, public works expenditures, supported employment of public employees

It’s impact stopped a Depression

you are arguing with a person who approves of anything Trmpian and nothing that is not.

nope, I approve of policies that help the entire country------------like low unemployment, high stock market, rising wages, business expansion in the USA. If Obozo had done any of those I would have given him credit, but he didn't.

 

[rightwinger]

This is 100% on Obama and all his doing. Thankfully President Trump is doing his best to fix it, and everything is going to be fixed if we give President Trump another couple of terms.

Trump was given a decreasing deficit and doubled it

All in a strong economy

It costs a lot of money to fix all the damage done. President Trump's increasing deficit is the good kind that will pay off in dividends. We would be doing even better if the democrat party stop blocking all the tax cuts we really need. If anything, we should be cutting taxes for the job creators and making sure the poor finally pay their fair share by getting rid of the standard deduction and turning the tax system around so taxes start high and then go down as income raises, and also make it so that the standard deductions and the ability to itemize deductions only come into play after a certain income threshold is met (say $100k) This would encourage people to work harder and earn more money, because once they earn a certain amount they won't have to pay any taxes, and being poor becomes prohibitively expensive. So, those who cannot make it either learn to work harder, leave the country, or decide life isn't worth living.

How can doubling the deficit in a strong economy be the “good kind”?

You are supposed to pay off debt when times are good

 

[Redfish]

Interest rates: Powell tells Congress federal debt is 'unsustainable'

Fed to Congress: It may soon be your turn to save the economy, so get your finances in better shape.

Federal Reserve Chairman Jerome Powell warned lawmakers Wednesday that the ballooning federal debt could hamper Congress’ ability to support the economy in a downturn, urging them to put the budget “on a sustainable path.”

Powell suggested such fiscal aid could be vital after the Fed has cut its benchmark interest rate three times this year, leaving the central bank less room to lower rates further in case of a recession.

“The federal budget is on an unsustainable path, with high and rising debt,” Powell told the Joint Economic Committee. “Over time, this outlook could restrain fiscal policymakers’ willingness or ability to support economic activity during a downturn.”

Well I suppose the Trumpstettes could see good news in that because the next time there's a recession, congress may not be able to pass extensions to unemployment insurance or keep Medicaid and Schools going, and the Fed won't be able to cut rates unless it goes into negative territory.

(The trumpsettes are too partisan and or stupid to be terrified for their children)

what is scary for our children is the liberal lies and indoctrination being fed to them by our colleges and the teachers union. Education in this country has become brain washing, we are raising a generation that knows no history, thinks they are entitled to everything, and think that socialism works. Unless this changes the USA is over.

 

[Harpy Eagle]

ok, so exactly what did obama do to make the UE rate fall? specific actions that he took? since the UE rate takes some time to respond to actions, are you sure it was obozo and not bushey?

Let’s look at what Obama did to end the Great Bush Recession of 2008

Within two months of taking office, he passed an $800 billion stimulus package to force money into a collapsing economy

Upon passing that stimulus package, the panic that was causing layoffs and pulling capital out of the economy subsided

Unemployment went from losing 800,000 jobs a month to positive employment numbers in four months

so under obozo we paid 800 billion for 200 thousand jobs. Do the math, that was a terrible deal.

Did more than that
It provided tax cuts, public works expenditures, supported employment of public employees

It’s impact stopped a Depression

you are arguing with a person who approves of anything Trmpian and nothing that is not.

nope, I approve of policies that help the entire country------------like low unemployment, high stock market, rising wages, business expansion in the USA. If Obozo had done any of those I would have given him credit, but he didn't.

Yet somehow all those things happened during his time in office

 

[rightwinger]

ok, so exactly what did obama do to make the UE rate fall? specific actions that he took? since the UE rate takes some time to respond to actions, are you sure it was obozo and not bushey?

Let’s look at what Obama did to end the Great Bush Recession of 2008

Within two months of taking office, he passed an $800 billion stimulus package to force money into a collapsing economy

Upon passing that stimulus package, the panic that was causing layoffs and pulling capital out of the economy subsided

Unemployment went from losing 800,000 jobs a month to positive employment numbers in four months

so under obozo we paid 800 billion for 200 thousand jobs. Do the math, that was a terrible deal.

Did more than that
It provided tax cuts, public works expenditures, supported employment of public employees

It’s impact stopped a Depression

you are arguing with a person who approves of anything Trmpian and nothing that is not.

nope, I approve of policies that help the entire country------------like low unemployment, high stock market, rising wages, business expansion in the USA. If Obozo had done any of those I would have given him credit, but he didn't.

Umm Obama nearly tripled the Stock Market, dropped unemployment by five percent, saved the auto companies

You don’t approve?