Lovebears65
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And there we have it .. 16 Trillion
- Thread starter Lovebears65
- Start date
lemme guess, you just cashed your gubmint check.
- May 20, 2009
- 23,425
- 8,069
- 890
Wonder how many people will blame this on Bush when 5 trillion of it belongs to Obama? Come on, libs - speak up now.
ScienceRocks
Democrat all the way!
- Banned
- #4
5.4 trillion belongs to Obama.
SUCKS. We're heading for trouble.
SUCKS. We're heading for trouble.
eflatminor
Classical Liberal
- May 24, 2011
- 10,643
- 1,669
- 245
This is NOT going to end well...
Federal debt tops $16 trillion, Treasury Dept. says - Washington Times
Even worse, if the federal government handled regular accounting like every business in America is forced to, the debt would be more like $100 trillion+. Even by their accounting standards, every baby born here comes with at least $50,000 owed.
How is this shit in any way moral?
The Debt Clock website appears to be going batshit: U.S. National Debt Clock : Real Time
The government had closed Thursday with a debt of $15.991 trillion, but jumped to $16.016 trillion on Friday after a round of debt auctions.
Federal debt tops $16 trillion, Treasury Dept. says - Washington Times
Even worse, if the federal government handled regular accounting like every business in America is forced to, the debt would be more like $100 trillion+. Even by their accounting standards, every baby born here comes with at least $50,000 owed.
How is this shit in any way moral?
The Debt Clock website appears to be going batshit: U.S. National Debt Clock : Real Time
- Aug 23, 2009
- 22,542
- 10,447
- 950
Who's responsible for the other 11 trilion?
Who's responsible for the other 11 trilion?
clinton, and the democratic congress.
eflatminor
Classical Liberal
- May 24, 2011
- 10,643
- 1,669
- 245
Wonder how many people will blame this on Bush when 5 trillion of it belongs to Obama? Come on, libs - speak up now.
$5.4 trillion...
16,015,769,788,215.80 | The Weekly Standard
You think $16 trillion is bad, imagine if our President were to get his way:
eflatminor
Classical Liberal
- May 24, 2011
- 10,643
- 1,669
- 245
Who's responsible for the other 11 trilion?
Big government assholes from both sides of the isle.
- Aug 23, 2009
- 22,542
- 10,447
- 950
Time to start selling off some assets:
Hawaii to Japan.
Alaska to either Canada or Russia (good bidding war potential)
Texas to Mexico.
Problem solved.
Hawaii to Japan.
Alaska to either Canada or Russia (good bidding war potential)
Texas to Mexico.
Problem solved.
ScienceRocks
Democrat all the way!
- Banned
- #11
Who's responsible for the other 11 trilion?
Obama 5.4 trillion
Bush 5.0 trillion-over 8 years
George hw Bush caused some
Reagan Caused some
Carter caused some
Ford caused some
ScienceRocks
Democrat all the way!
- Banned
- #12
Time to start selling off some assets:
Hawaii to Japan.
Alaska to either Canada or Russia (good bidding war potential)
Texas to Mexico.
Problem solved.
Califorina, New Mexico to Mexico!
Time to start selling off some assets:
Hawaii to Japan.
Alaska to either Canada or Russia (good bidding war potential)
Texas to Mexico.
Problem solved.
California to Mexico!
RespondsWithGif
Member
4 more years!
eflatminor
Classical Liberal
- May 24, 2011
- 10,643
- 1,669
- 245
Time to start selling off some assets:
Hawaii to Japan.
Alaska to either Canada or Russia (good bidding war potential)
Texas to Mexico.
Problem solved.
Absurd examples aside, there sure as hell are PLENTY of assets we could and should sell off:
There are over 14,000 vacant buildings owned by the feds...VACANT for God's sake!
Millions being wasted on vacant government buildings | Power Players - Yahoo! News
Nobody's suggesting we sell Yosemite, but the feds own 30% of the land! The top ten states with federally owned land:
Nevada : 84.5%
Alaska: 69.1%
Utah: 57.4%
Oregon: 53.1%
Idaho: 50.2%
Arizona: 48.1%
California: 45.3%
Wyoming: 42.3%
New Mexico: 41.8%
Colorado: 36.6%
So hell yes, in addition to cutting spending so that we stop adding to the debt, we should sell some assets or in the case of land, at least make damn sure we're leasing it to it's full potential.
ScienceRocks
Democrat all the way!
- Banned
- #16
4 more years!
It will be 21.4 trillion dollars by the time he leaves office.
The Infidel
EVIL CONSERVATIVE
Who's responsible for the other 11 trilion?
Obama 5.4 trillion
Bush 5.0 trillion-over 8 years
George hw Bush caused some
Reagan Caused some
Carter caused some
Ford caused some
All in LESS than 3 years..!!!
RespondsWithGif
Member
4 more years!
It will be 21.4 trillion dollars by the time he leaves office.
Gotta spend money to make money
- Jun 18, 2009
- 34,331
- 18,625
- 1,915
Two things.Who's responsible for the other 11 trilion?
Baseline budgeting and,
the Debt ceiling rubber stamp committee.
eflatminor
Classical Liberal
- May 24, 2011
- 10,643
- 1,669
- 245
Who's responsible for the other 11 trilion?
Obama 5.4 trillion
Bush 5.0 trillion-over 8 years
George hw Bush caused some
Reagan Caused some
Carter caused some
Ford caused some
I think every president since Andrew Jackson caused some. He was the last guy to pay off the debt...which he did by selling some land.
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