Does Debt Really Matter

[krichton]

Boy you will believe anything! Party leaders must love you!

How's your 401k doing there buddy?

 

[climate chang]

How's your 401k doing there buddy?

Every forum user is financial wiz!

 

[Toddsterpatriot]

It was only “bad” because Trump didn’t want the border to be solved with a Dem President in office

And because it sucked.

 

[Toddsterpatriot]

Democrats exist to fix the problems created by republicans. Under Clinton, we had a surplus. Under HW, our economy cratered into a deep recession, that Obama spent 8 years trying to fix, then Trump showed up and immediately put 8.4 trillion on the national deficit, and now it's up to democrats to clean up the mess again. Why blame democrats when you know full well it's always republicans screwing up the economy?

Under Clinton, we had a surplus.

Why?

then Trump showed up and immediately put 8.4 trillion on the national deficit, and now it's up to democrats to clean up the mess again.

Did Biden clean it up by adding more debt than Trump?

 

[Papageorgio]

How's your 401k doing there buddy?

I don’t vote for my 401k, I vote by who will lower debt, therefore I won’t vote for either major party, you got the buddy.

 

[krichton]

I don’t vote for my 401k, I vote by who will lower debt, therefore I won’t vote for either major party, you got the buddy.

Disprove what I said about how each administration handled the economy. You can't. Facts are still facts, buddy.

 

[krichton]

Every forum user is financial wiz!

What financial expertise was I claiming? I merely stated the facts?

 

[krichton]

Under Clinton, we had a surplus.

Why?

then Trump showed up and immediately put 8.4 trillion on the national deficit, and now it's up to democrats to clean up the mess again.

Did Biden clean it up by adding more debt than Trump?

Why ask why? Just accept the facts that we had a surplus under Clinton and the budget was balanced. Then Bush, a republican crashed the economy and gave us a deficit.

Actually, no. Trump added 8.4 Trillion and Biden added 4.3 trillion. That's roughly half! In what alternate reality is that more than 8.4? Time to go back to kindergarten.

Trump and Biden: The National Debt | Committee for a Responsible Federal Budget

The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by Presidents Trump and Biden during their ti

www.crfb.org

 

[Lesh]

I don’t vote for my 401k, I vote by who will lower debt, therefore I won’t vote for either major party, you got the buddy.

Seems kinda dumb. Your 401 actually affects your life. The national debt does not

 

[westwall]

It was only “bad” because Trump didn’t want the border to be solved with a Dem President in office

It didn't "solve" the border. It made the importation of 5000 illegal aliens per day, legal.

That's bullshit.

 

[Lesh]

It didn't "solve" the border. It made the importation of 5000 illegal aliens per day, legal.

That's bullshit.

It did not. You’re either ignorant or lying.

If a 7 day average reaches 5,000 a day it mandates that the border be shut down for a period.

So did you know that and lied about it or were you just stupidly ignorant?

 

[westwall]

It did not. You’re either ignorant or lying.

If a 7 day average reaches 5,000 a day it mandates that the border be shut down for a period.

So did you know that and lied about it or were you just stupidly ignorant?

It absolutely did. The border wouldn't be closed till 5000 illegals crossed it.

PER day.

Try reading the bill

 

[Lesh]

It absolutely did. The border wouldn't be closed till 5000 illegals crossed it.

PER day.

Try reading the bill

And then it’s closed for a period and none get through.

So what you said was at best “inaccurate “

 

[JoeB131]

The February 2024 CPS also shows 45.1 million post-1980 immigrants (legal and illegal) in the country. If our estimate of the post-1980 legal population is correct, then there were 13.7 million illegal immigrants in the February 2024 CPS (45.1 million minus 31.4 million).
https://cis.org/Report/ForeignBorn-Share-and-Number-Record-Highs-February-2024#:~:text=The February 2024 CPS also,and illegal) in the country.&text=If our estimate of the,45.1 million minus 31.4 million).

The Foreign-Born Share and Number at Record Highs in ...​

So, okay, 14 million. That's really not a big number, and most of them came in before Biden was president.

So here's the dirty little secret. While the numbers from other countries have been going down, the number of illegal Mexicans has been declining. Most of them are "Self-Deporting", they are returning because economic conditions are improving in Mexico.

 

[JoeB131]

It absolutely did. The border wouldn't be closed till 5000 illegals crossed it.

PER day.

Try reading the bill

Sounds... pretty reasonable.

The problem is that most illegals who cross it are sent back almost immediately. The issue becomes those who claim asylum, because Trump and Human Reptile Steven Miller dismantled the asylum system and immigration courts, so it takes YEARS for a case to be heard.

 

[Lesh]

I just read that were Trump elected and able to carry out the mass deportations he keep talking about

The loss of labor would push us into either a Recession or a Full Depression

 

[westwall]

Sounds... pretty reasonable.

The problem is that most illegals who cross it are sent back almost immediately. The issue becomes those who claim asylum, because Trump and Human Reptile Steven Miller dismantled the asylum system and immigration courts, so it takes YEARS for a case to be heard.

If you want to bankrupt the country.

 

[JoeB131]

If you want to bankrupt the country.

Not at all.

If we gave amnesty to everyone seeking it, it would probably help the economy.

Here's the dirty little secret. White people aren't reproducing at replacement rates.

 

[Papageorgio]

Disprove what I said about how each administration handled the economy. You can't. Facts are still facts, buddy.

I have read tons of articles and the economy doesn’t happen a vacuum, the Great Recession had many reasons it happened and it had lots of people, from Democrats to Republicans, lots of reason and lots of blame all around.

I don’t blame Presidents for the economy because there are tons of factors and it is out of there control, they alone don’t have that kind of power, 9% inflation wasn’t Biden’s fault, nor were the great gains he made during 2021 but coming out of a pandemic was the reason, he was just President, Trump had he been elected would have seen those numbers and the subsequent inflation.

Time magazine produce made a list of those you can blame for 2008, 25 People to Blame for the Financial Crisis - TIME
You can click on each person and read why and how they were blamed, not that you are interested in being fair about the issue, but we need ignorant right and left wing partisanship to divide the country and you have done it well. Thank you.

 

[Lesh]

Not at all.

If we gave amnesty to everyone seeking it, it would probably help the economy.

Here's the dirty little secret. White people aren't reproducing at replacement rates.

And making illegals that are here and working, legal ,it increases the tax base