US Debt Is Now $23 Trillion And Climbing

Discussion in 'Politics' started by g5000, Nov 7, 2019.

  1. g5000
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    g5000 Diamond Member

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    When the GOP took over Congress in January 2015, the federal deficit was $439 billion. They immediately set to work doubling it.

    Budget deficit smashes $1 trillion mark, the highest in seven years

    When Trump was sworn in, the federal debt was $19.9 trillion.

    As of this moment:

    [​IMG]



    Trump: I will eliminate U.S. debt in 8 years


    This past fiscal year, Trump spent more than anyone in the history of the Universe. He exceeded Obama's worst year of spending by a trillion dollars.

    So much for being the party of small government.


    Before you try to claim it isn't Trump's fault for some reason, you should know that I will find your posts where you blamed Obama for every penny of the debt accrued on his watch.

    Before you try to say "Let me know when he's got more debt than Obama" bullshit hypocrisy, remember that you pseudocons started in on Obama's spending habit right at the beginning. You did not wait until he had beaten Bush's record.

    So i guess all you're left with is to blame darkies and Muslims.
     
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  2. g5000
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    g5000 Diamond Member

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    I guess the poor bastards have nothing to say since I shot down their pre-programmed arguments. :lol:

    The reason Trump is such a colossal spender is because government spending is a significant portion of GDP.

    GDP = C + G + I + NX.

    Gross Domestic Product - GDP
    C is equal to all private consumption, or consumer spending, in a nation's economy, G is the sum of government spending, I is the sum of all the country's investment, including businesses capital expenditures and NX is the nation's total net exports, calculated as total exports minus total imports (NX = Exports - Imports).


    If you are a demagogue who has promised the rubes 6 percent GDP growth, and your idiotic left wing protectionist tariff war is really dragging shit down, then you have to make up the difference by spending like a sailor in a whorehouse.

    And it STILL didn't work. Deficit Donald couldn't even achieve 4 percent growth.

    Government spending also goes a long way toward helping achieve full employment. This is exactly why we don't want our politicians hands on the monetary printing press. The temptation is too great.


    This all means that for propaganda purposes, Donald Trump has mortgaged our children's and our grandchildren's future.
     
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  3. Golfing Gator
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    Golfing Gator Diamond Member

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    We broke the 23 trillion mark on Halloween and nobody even noticed. Not a story in the news, the only comments on this forum were from me.

    neither side gives a flying fuck about the debt
     
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  4. g5000
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    g5000 Diamond Member

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    Well, the pseudocons sure did scream a lot during Obama's spending spree!

    It's weird how they all went totally radio silent after January 20, 2017.
     
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  5. The Original Tree
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    The Original Tree Gold Member

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    Since when does a Russian Asset like you care about American Debt?

    $23 Trillion Spent on DemTard Socialist War on Poverty that made people like Nancy Pelosi Rich.

    Abolish The War on Poverty. And the Budget is Balanced.

    Get a Job you Dirty Hippy!
     
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  6. g5000
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    g5000 Diamond Member

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    I'll be too busy presidenting to go golf, bleev me, bleev me, bleev me.

    I'll repeal and replace Obamacare and you will have such great healthcare at a tiny fraction of the cost. Bleev me, bleev me, bleev me.

    I will pay off our debt in 8 years, bleev me, bleev me, bleev me.



     
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  7. g5000
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    g5000 Diamond Member

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    Trump: I will eliminate U.S. debt in 8 years

    [​IMG]
     
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  8. BlindBoo
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    BlindBoo Platinum Member

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    It will all be blamed on Obama and maybe Hillary for good measure.
     
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  9. Slade3200
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    Slade3200 Gold Member

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    Question is, do you care about the debt? If yes, then what are your thoughts on the current situation?
     
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  10. The Original Tree
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    The Original Tree Gold Member

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    Pretty sure this is why you started failed COUP 1.0 and Failed COUP 2.0 because your worthless ass is about to be laid off from your Lazy Government Jobs. He still has 5 more years to bring The Budget under control.

    Once you get your pink slip, it's doable.

    See how nice I am? I assumed you are employed.
     
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