$16 trillion fucking dollars in debt??

Discussion in 'Economy' started by Warrior102, Sep 4, 2012.

  1. Warrior102
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    Warrior102 Gold Member

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  2. Avorysuds
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    Avorysuds Gold Member

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    Lol... Under Romney/Ryan we will be around 20-21 Trillion after their first term is up... You jokers don't give two chits about the deficit. What a joke of a thread. What did Bush bring it up too... Should he go to trial?
     
  3. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    Indeed, it is such a tragedy. Republicans since Jefferson have introduced 30 Balanced Budget Amendments since Jefferson's first. Liberals have killed everyone of them.

    If they had passed Newts which passed the house and failed by one in the Senate our debt would be $0 today rather than 16 trillion.

    I say make tax, borrow, and spend liberals illegal as the Constitution intended.
     
  4. Rozman
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    Rozman Gold Member Supporting Member

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    Liberals are not interested in a balanced budget...
    They just want to spend.
     
  5. Rozman
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    Rozman Gold Member Supporting Member

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    The interest payment alone on this is staggering.
    And if our credit rating falls any lower as it did earlier under this administration
    the cost to borrow money to make the interest payments will be that much higher.

    And what does this administration want to do...spend more money on another stimulus.
     
  6. Nova78
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    Nova78 Silver Member

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    Yea,obama breaks another record,that clown needs to go......:clap2::clap2::clap2:

    $600b09201e1.jpg
     
  7. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    who cares, Bush is not a Tea Party libertarian conservative Jeffersonian or supply-side Republican. 100% of the energy for a Balanced Budget Amendment has always been Republican despite significant lapses over the centuries.
     
  8. Nova78
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    Nova78 Silver Member

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    FACT: Thanks to Obama's socialist redistributionism and crushing big government, we've had 42 consecutive months of 8 percent plus unemployment, the longest stretch of such high unemployment since the Great Depression.

    FACT: Obama has led an unprecedented spending blowout, giving us $1 trillion plus deficits for a record four years in a row.

    FACT: Thanks to the Obama spending blowout, our national debt is scheduled to slam into $16 TRILLION by the end of the week.

    FACT: Our debt was downgraded for the first time ever.

    FACT: Economic growth is anemic to non-existent.

    FACT: Senate Democrats have not produced a budget in over 1200 days. Obama's budgets have been so outrageously over-the-top unaffordable that they've gotten ZERO votes in Congress. That would be ZERO votes.

    FACT: The number of people on food stamps and other social welfare programs is at record highs.

    FACT: The president is a socialist who INTENDS all of these policies and their consequences .

    :eusa_hand:Obama
     
  9. EdwardBaiamonte
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    EdwardBaiamonte Gold Member

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    a socialist?? How is that possible given that he had 2 communist parents, voted to the left of Bernie Sanders, suppports single payer, is beloved by the CPUSA, and Frank Marshall Davis was his mentor?
    I'd say he's a communist like his folks.
     
  10. Nova78
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    Nova78 Silver Member

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    Socialist
    1: any of various economic and political theories advocating collective or governmental ownership and administration of the means of production and distribution of goods
    2a : a system of society or group living in which there is no private property b : a system or condition of society in which the means of production are owned and controlled by the state
    3: a stage of society in Marxist theory transitional between capitalism and communism and distinguished by unequal distribution of goods and pay according to work done
     

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