National Debt now more than $2-trillion larger than on the day Pres Trump took office

Discussion in 'Politics' started by Centrista, Jan 3, 2019.

  1. Centrista
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    Centrista VIP Member

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    Whatever happened to the party of fiscal responsibility?

    Mark Knoller on Twitter
     
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  2. danielpalos
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    danielpalos Diamond Member

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    but hey, the rich got richer faster.
     
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  3. S.J.
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    S.J. Platinum Member

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    The first year belongs to Obama.
     
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  4. regent
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    regent Gold Member

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    America should realize that shutting down the government is costly, but worth it.
     
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  5. TNHarley
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    TNHarley Diamond Member

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    There hasnt been a party of fiscal responsibility for a while now.
    Just rhetoric.
    Fuck the duopoly
     
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  6. antontoo
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    antontoo Gold Member

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    In a revealing interview, Trump predicts a ‘massive recession’ but intends to eliminate the national debt in 8 years


    Some gems of macro economic wisdom from The Businessman in 2016:

    The economic conditions are so perilous that the country is headed for a “very massive recession” and that “it’s a terrible time right now” to invest in the stock market


    Insisted that he would be able to get rid of the nation’s more than $19 trillion national debt “over a period of eight years.”


    How? Simple:

    (in the first 100 days in office) "I’m renegotiating all of our deals, the big trade deals that we’re doing so badly on. With China, $505 billion this year in trade.” He said that economic growth he foresees as a consequence of renegotiated deals would enable the United States to pay down the debt.

    [​IMG]


    This is the special special gift Republicans gave to this country.
     
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    Last edited: Jan 3, 2019
  7. blackhawk
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    blackhawk Gold Member

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    There is no such thing as the party of fiscal responsibility not Republicans not Democrats spending other people’s money like drunken sailors on leave is one of the few things the parties have in common.
     
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  8. g5000
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    g5000 Diamond Member

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    It never existed.

    The pseudocons turn a blind eye to Republican big spending. But now that the Democrats have taken the House, they will suddenly notice all this spending going on and will hilariously try to blame the Dems.

    They won't be able to stop themselves, even though they are buried in the stench of their own hypocrisy.
     
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  9. Pete7469
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    Pete7469 Gold Member

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    Amazing how it works.

    When Bush handed Kennedy the Checkbook and they blew through trillions, some of us complained.

    When the meat puppet DOUBLED the debt, we lost our fuckin minds.

    Now that we've got a guy in there who everyone in the political whore community hates, you'd think he would work on that. I'll give him the next 2 years to get us on a decent budget, he has been dealing with a whole lot of asinine shit like witch hunts and globalist saboteurs. I'm not optimistic it's going to change though. The Cloward/Piven strategy seems to be the national policy of fiscal suicide.
     
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  10. antontoo
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    antontoo Gold Member

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    The guy never gave any serious shit about debt and if you paid attention to his proposals you would know that.

    His aproach to deal with debt has always been somwhere between a meaningless word salad about trade deficit and an inverse of fiscal sanity: tax-less, spend more.


    This is the proirty of debt issue for Trump:

    ...Trump had repeatedly shrugged off any concerns about the rising national debt because it was projected to come to a head only after he would finish a second term.

    Trump is reportedly not worried about a massive US debt crisis as he'll be out of office by then
     
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    Last edited: Jan 3, 2019

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