Did The Pseudocons Even Notice Trump Signed A Debt Limit Suspension?

[g5000]

It didn’t take long for the U.S. to rack up another trillion dollars of debt

Last week, the debt hit $21 trillion for the first time, rising from the $20 trillion mark it notched on Sept. 8. The debt is guaranteed to go higher, with President Donald Trump having signed a debt-limit suspension in February, allowing unlimited borrowing through March 1, 2019.

 

[g5000]

B-b-b-b-b-b-but Obaaaaaammmmaaaaaaa!

 

[g5000]

Not one peep.

I guess Fox News neglected to tell them to be outraged over this Democratic President's yuge spending problem.

 

[Timmy]

He signed that tax cut law and literally the next day the USA ran out of money .

 

[g5000]

As Deficit Soars Toward $1 Trillion, Congress Shrugs and Keeps Spending

Treasury Secretary Steven Mnuchin urged Congress on Tuesday to raise the federal government’s statutory borrowing limit and said Washington must soon grapple with the mounting federal debt, just as lawmakers are embarking on a significant spending spree.

 

[g5000]

He signed that tax cut law and literally the next day the USA ran out of money .

And the markets have been tanking ever since.

That tax cut was a Ponzi scheme. Trump thinks you can increase your credit card limit and decrease your monthly payments at the same time!

US monthly deficit largest in 6 years

 

[Auld Phart]

As Deficit Soars Toward $1 Trillion, Congress Shrugs and Keeps Spending

We've had that problem for decades.

(and PLEASE dont' try to tell me Obama didn't help)

 

[g5000]

As Deficit Soars Toward $1 Trillion, Congress Shrugs and Keeps Spending

We've had that problem for decades.

(and PLEASE dont' try to tell me Obama didn't help)

It's funny how quiet you pseueodocons have been after all the moaning and screaming over Obama's spending.

Real funny.

 

[Harpy Eagle]

So far, since Jan 1 2018 the US has added $626,681,620,940 to the debt. That is an average of $6,811,756,749 which still leaves us on track to finish the CY with a total deficit of 2.5 trillion dollars, which would be 1 trillion dollars over the previous record, and that was during the heart of the recession.

 

[g5000]

Before he was Trump's bitch, Mick Mulvaney was screaming about budget deficits back when Obama was President and he was in Congress.

Mulvaney demanded a balanced budget amendment.

Today, Trump's budget director Mulvaney has now become a diehard Keynesian!

It's amazing.

Watch the video of his transformation here: US monthly deficit largest in 6 years

 

[Harpy Eagle]

As Deficit Soars Toward $1 Trillion, Congress Shrugs and Keeps Spending

We've had that problem for decades.

(and PLEASE dont' try to tell me Obama didn't help)

Obama did nothing to help and for 8 years the faux conservatives in this country whined and cried about the debt and the deficit. Now we are on track for 2.5 trillion dollar deficit and not a peep from any Trump supporter .

 

[whitehall]

What did we get for the unlimited borrowing of the Hussein administration? Golden parachutes for executives of bankrupt solar factories, laughable programs like "cash for clunkers", a promise to destroy the coal (and the oil industry) and a stagnant economy for eight freaking years.

 

[g5000]

The last time the GOP controlled Congress and the White House, they accelerated spending deficits.

Here they go again!

Fool me once, shame on you...

 

[g5000]

What did we get for the unlimited borrowing of the Hussein administration? Golden parachutes for executives of bankrupt solar factories, laughable programs like "cash for clunkers", a promise to destroy the coal (and the oil industry) and a stagnant economy for eight freaking years.

"B-b-b-b-b-b-but Obaaaaaaammmmmaaaaaaa!"

 

[g5000]

"Allowing unlimited borrowing."

A deafening silence from the pseudocons and their propagandist masters.

 

[rightwinger]

Not one peep.

I guess Fox News neglected to tell them to be outraged over this Democratic President's yuge spending problem.

Where is the Tea Party?

 

[g5000]

Not one peep.

I guess Fox News neglected to tell them to be outraged over this Democratic President's yuge spending problem.

Where is the Tea Party?

Good question.

Sarah Palin is passed out face down on the carpet.

 

[g5000]

Hmmmm. I wonder what unlimited borrowing will do to interest rates...

I wonder what rising interest rates will do to the stock market...

Just when the Fed was trying to shrink their portfolio!

 

[Mr Natural]

St Trumpy doesn’t care about debt.

Him business model is to declare bankruptcy, pay your debtors pennies on the dollar and move on.

It makes good business sense.

 

[The Derp]

As Deficit Soars Toward $1 Trillion, Congress Shrugs and Keeps Spending

We've had that problem for decades.

(and PLEASE dont' try to tell me Obama didn't help)

It's funny how quiet you pseueodocons have been after all the moaning and screaming over Obama's spending.

Real funny.

Obama left a deficit of $503B behind that took Trump about a year to grow to $1T.