Record Deficit Spending Sets US Debt Growth To Record Levels

[ThoughtCrimes]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

 

[Mikeoxenormous]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

I guess you forgot about the 4.5 trillion dollars of Debt that the QE forever was on the Feds books? Oh yeah, must of slipped your miniscule mind.

 

[Moonglow]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

Winning!

 

[Rexx Taylor]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

Winning!

at this time, i am more concerned over the national debt of Guam

 

[Faun]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

Winning!

at this time, i am more concerned over the national debt of Guam

Of course. Because as has always been said, conservatives only care about problems when the president is a Democrat. You guys prove that time and time again.

 

[ThoughtCrimes]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

I guess you forgot about the 4.5 trillion dollars of Debt that the QE forever was on the Feds books? Oh yeah, must of slipped your miniscule mind.

I guess you forgot about the 4.5 trillion dollars of Debt that the QE forever was on the Feds books? Oh yeah, must of slipped your miniscule mind.

I guess you forgot 1) to make sense and 2) to define "QE forever" and 3) to cite the recorded location of the "4.5 trillion dollars of Debt" in Treasury's 'Public Debt Reports'. Sux to be that challenged as you, HUH!

 

[TheDude]

Monthly US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

 

[Remodeling Maidiac]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

Winning!

at this time, i am more concerned over the national debt of Guam

Of course. Because as has always been said, conservatives only care about problems when the president is a Democrat. You guys prove that time and time again.

Trump IS a democrat lol

And the spending is outrageous. Not sure what you expect an individual do about it beyond bitch.

 

[Faun]

Monthly US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

$97 billion a month?

That's peanuts compared to what it's been since Trump's tax plan went into effect this past January...

Approximately, $199 billion.

And that's during a strong economy.

Where's your outrage?

 

[Faun]

Last January 1st the US Debt stood at $20.493 Trillion. In just 90 days, on April 1st the US Debt had risen by $628.829 Billion to $21.119 Trillion. That is an astounding annualized rate of $2.507 Trillion per year.

That is well over TWICE Obama's annualized rate over eight (8) years of $1.165 Trillion per annum and that administration had to deal with the second worst economic downturn in the entire history of this Nation! The Clown Car Administration is spending at a rate 215% GREATER than Obama's administration and the Wing Nuts pissed and moaned for eight damn years when that spending was LESS THAN HALF of what The Orange Clown's Gang are throwing away now!

If that wasn't bad enough, looking back at Sept 2017, the last month of the last Obama budget fiscal year, the Clown administration went on a spending spree of unprecedented proportions. On Sept 4th the debt was sitting at $19.844 Trillion and by Sept 28th had ballooned to $20.245 Trillion just 24 days later. Annualized that is a $6.099 Trillion rate for a full year. Does anyone think that might be a bloody problem?

That Idiot-in-Chief is only good at spending other peoples money and going bankrupt. But you Clown supporters keep charging in there with that superior air just like that other Clown did back in the day there at the Little Bighorn!

The figures don't lie @;
~~ Government - Public Debt Reports ~~

Winning!

at this time, i am more concerned over the national debt of Guam

Of course. Because as has always been said, conservatives only care about problems when the president is a Democrat. You guys prove that time and time again.

Trump IS a democrat lol

And the spending is outrageous. Not sure what you expect an individual do about it beyond bitch.

LOL

We don't want him. He belongs to Republicans.

And while it's true that spending is out of control, approximately $1 trillion dollars in FY2018's deficit will be due to the tax cuts, not spending.

 

[TheDude]

Monthly US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

$97 billion a month?

That's peanuts compared to what it's been since Trump's tax plan went into effect this past January...

Approximately, $199 billion.

And that's during a strong economy.

Where's your outrage?

You cannot fucking read? Jusus Christ help us.

 

[Faun]

Monthly US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

$97 billion a month?

That's peanuts compared to what it's been since Trump's tax plan went into effect this past January...

Approximately, $199 billion.

And that's during a strong economy.

Where's your outrage?

You cannot fucking read? Jusus Christ help us.

WTF??

You think $97 billion is more than $199 billion??

You're certainly not contenting the debt service is adding a trillion dollars to FY2018's deficit. It's the tax cuts which is causing that.

 

[ThoughtCrimes]

Monthly US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

Damn but you're math challenged! The Clown-in Chief has only had 6 months of his own damn budget starting on Oct 1, 2017, fool! In just those 6 months the King of Clowns and his minions have racked up$851.626 Billion in debt and that comes out to an average of $141.938 Billion per month the Profligate Spender-in-Chief has thrown to the wind. That's $58.295 Billion MORE or 169% MORE than your figure.

If you have a friend, ask them to help you turn on your calculator and take off your mittens!

I posted a Treasury link in the OP for those with 'challenges'.

 

[LordBrownTrout]

Uh oh, libs suddenly wringing hands in consternation over debt while disappearing for 8 years when O was running it up by 8 trillion. No one cares anymore.

 

[Faun]

Monthly US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

Damn but you're math challenged! The Clown-in Chief has only had 6 months of his own damn budget starting on Oct 1, 2017, fool! In just those 6 months the King of Clowns and his minions have racked up$851.626 Billion in debt and that comes out to an average of $141.938 Billion per month the Profligate Spender-in-Chief has thrown to the wind. That's $58.295 Billion MORE or 169% MORE than your figure.

If you have a friend, ask them to help you turn on your calculator and take off your mittens!

I posted a Treasury link in the OP for those with 'challenges'.

Even worse is if you compare the first three months of Trump’s only budget with the last three months of his budget. Since his tax cuts went into effect on January 1st of this year, he is exploding the deficit beyond anything we’ve ever seen before.

Who knew when Trump said he wanted to drain the swamp, by swamp, he meant the US treasury?

 

[TheDude]

Wholly FUCK you fucks are fucked. Do you dumb mother fuckers understand how debt is accumulated?

Income. In govt. sense this is generally called revenue. This is the amount the government takes in, you know, like taxes. Liberals love income, so long as they receive it on someone else's contribution.

Liabilities. In govt. sense these are generally budgeted expenditures. This is the amount the government spends. Liberals love liabilities.

Dept. This is income minus liabilities.


Result:

Monthly added US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly added US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

 

[Faun]

Wholly FUCK you fucks are fucked. Do you dumb mother fuckers understand how debt is accumulated?

Income. In govt. sense this is generally called revenue. This is the amount the government takes in, you know, like taxes. Liberals love income, so long as they receive it on someone else's contribution.

Liabilities. In govt. sense these are generally budgeted expenditures. This is the amount the government spends. Liberals love liabilities.

Dept. This is income minus liabilities.


Result:

Monthly added US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly added US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

The debt per month since Trumps tax cuts have gone into effect is a whopping $199 billion per month. Who knows why you’re ignoring that?

 

[g5000]

The Republicans will never be fiscally conservative so long as pseudocon tards like we have on this forum defend their profligacy with straw men, tu quoques, red herrings, and lies, and steadfastly refuse to take a pitchfork to their asses.

Our politicians behave we want them to, and the pseudocons are clearly okay with accelerating spending and accelerating deficits.

So they will keep doing it.

 

[Faun]

Uh oh, libs suddenly wringing hands in consternation over debt while disappearing for 8 years when O was running it up by 8 trillion. No one cares anymore.

LOLOL

When did you care about the debt? Fid you care about it when Reagan tripled it? Did you care about it when the first Bush was on pace to more than double it? Did you care about it when the second Bush nearly doubled it? Do you care now that trump’s tax cuts are causing a trillion dollar a year deficit? From his tax cuts alone.

No, of course not. You only cared about when the president was a Democrat.

 

[BlindBoo]

Wholly FUCK you fucks are fucked. Do you dumb mother fuckers understand how debt is accumulated?

Income. In govt. sense this is generally called revenue. This is the amount the government takes in, you know, like taxes. Liberals love income, so long as they receive it on someone else's contribution.

Liabilities. In govt. sense these are generally budgeted expenditures. This is the amount the government spends. Liberals love liabilities.

Dept. This is income minus liabilities.


Result:

Monthly added US National Debt under Obama's term: Approx. $97,364,583,333.33

Monthly added US National Debt under Trump's term: Approx. $83,642,857,142.86

Then consider the greater the total debt the more interest accumulates, which would tend to increase total debt.

Considering the huge deficit spending needed to get us out of the 2008 recession, the average numbers are skewed. What if you took the average of Obama's last 4 years?

Remember figures can lie, but liars always figure.

How about we first agree that deficit spending is out of control by both parties.