National Debt Balloons To $30 Trillion...Thanks, Biden!!!

The Purge

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The U.S. national debt surpassed $30 trillion for the first time ever in the nation’s history Tuesday. The data was published Tuesday by the Treasury Department’s FiscalData website. The national debt is divided between public debt and intragovernmental debt, respectively representing approximately $23.5 trillion and approximately $6.5 trillion, according to the data.

(Excerpt) Read more at msn.com ...

Congress will not cut back on spending. And they will not default on the debt. That leaves them only one way out: Allow for massive inflation, then pay back the debt with worthless dollars.

That’s gonna happen. Not today, and probably not tomorrow. But it’s gonna happen
 
The U.S. national debt surpassed $30 trillion for the first time ever in the nation’s history Tuesday. The data was published Tuesday by the Treasury Department’s FiscalData website. The national debt is divided between public debt and intragovernmental debt, respectively representing approximately $23.5 trillion and approximately $6.5 trillion, according to the data.

(Excerpt) Read more at msn.com ...

Congress will not cut back on spending. And they will not default on the debt. That leaves them only one way out: Allow for massive inflation, then pay back the debt with worthless dollars.

That’s gonna happen. Not today, and probably not tomorrow. But it’s gonna happen
Most of that is Bush Jr, and our former Potus, Donald tramp and before that Reagan.
 
Bullshit. Unless you accept as true what Cheney said.

ARE you one of those who contends that deficits don’t matter?!?
who cares?

Republicans certainly don’t
Trump ran $1 trillion deficits during a strong economy.
 
So. Does that mean you don’t think deficits matter. I know that your political Parody is addicted to them. But my question to you (which you can answer or continue to evade) is much more direct: Do you quote Dick Cheney because you agree with him on that point?

Who really cares?
Nobody has really cared about deficits since Jimmy Carter

How did that work out for him?
 
The duopoly does not care about the accumulation of debt….
 

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