National Debt is 110% of GDP. Highest since WWII

Agit8r

Gold Member
Dec 4, 2010
12,141
2,209
245
The national debt currently sits at $22.5 trillion. By the end of 2008, when former President Barack Obama was first elected, the national debt sat at $10 trillion. In 2016, it was $19.6 trillion.

The U.S. GDP for the second quarter of this fiscal year was revised down to a 2 percent increase, down from 3.1 percent the previous quarter.

So, I guess the question for all the Trumpniks out there is, why is this rapid accumulation of debt a bad thing only when recovering from an economic catastrophe, but not when it is spent on frivolities like a Russian steel wall, and the confiscated ranch land to build it on?

US national debt is now 110 percent of GDP — largest debt-to-GDP ratio since WWII
 
Ahhhh poor baby can't handle a little debt.....but we heard nothing from him as Obama buried us in record breaking deficits for 8 fucking years...
 
Three years ago it was the "highest since WW2". The Debt seems to bother the left only during republican administrations.
 
The national debt currently sits at $22.5 trillion. By the end of 2008, when former President Barack Obama was first elected, the national debt sat at $10 trillion. In 2016, it was $19.6 trillion.

The U.S. GDP for the second quarter of this fiscal year was revised down to a 2 percent increase, down from 3.1 percent the previous quarter.

So, I guess the question for all the Trumpniks out there is, why is this rapid accumulation of debt a bad thing only when recovering from an economic catastrophe, but not when it is spent on frivolities like a Russian steel wall, and the confiscated ranch land to build it on?

US national debt is now 110 percent of GDP — largest debt-to-GDP ratio since WWII
Time to cut spending and slash all budgets.
 
The national debt currently sits at $22.5 trillion. By the end of 2008, when former President Barack Obama was first elected, the national debt sat at $10 trillion. In 2016, it was $19.6 trillion.

The U.S. GDP for the second quarter of this fiscal year was revised down to a 2 percent increase, down from 3.1 percent the previous quarter.

So, I guess the question for all the Trumpniks out there is, why is this rapid accumulation of debt a bad thing only when recovering from an economic catastrophe, but not when it is spent on frivolities like a Russian steel wall, and the confiscated ranch land to build it on?

US national debt is now 110 percent of GDP — largest debt-to-GDP ratio since WWII

Most of the debt is owed to ourselves.

How often do you pay yourself back?
 
Trump is a great debtor in chief. We all know that. Some just might not admit it.
 
The national debt currently sits at $22.5 trillion. By the end of 2008, when former President Barack Obama was first elected, the national debt sat at $10 trillion. In 2016, it was $19.6 trillion.

The U.S. GDP for the second quarter of this fiscal year was revised down to a 2 percent increase, down from 3.1 percent the previous quarter.

So, I guess the question for all the Trumpniks out there is, why is this rapid accumulation of debt a bad thing only when recovering from an economic catastrophe, but not when it is spent on frivolities like a Russian steel wall, and the confiscated ranch land to build it on?

US national debt is now 110 percent of GDP — largest debt-to-GDP ratio since WWII
Just the other day the liberals were howling how the US couldn't deport sick children from 3rd world nations, thus sucking up plenty of resources that could pay down that debt. So libtards whats it going to be, pay the debt and send the sick brats back to their own countries or keep those future Demonrat voters here and keep racking up the debt? It is all on you guys, you stupid twits.
 
The national debt currently sits at $22.5 trillion. By the end of 2008, when former President Barack Obama was first elected, the national debt sat at $10 trillion. In 2016, it was $19.6 trillion.

The U.S. GDP for the second quarter of this fiscal year was revised down to a 2 percent increase, down from 3.1 percent the previous quarter.

So, I guess the question for all the Trumpniks out there is, why is this rapid accumulation of debt a bad thing only when recovering from an economic catastrophe, but not when it is spent on frivolities like a Russian steel wall, and the confiscated ranch land to build it on?

US national debt is now 110 percent of GDP — largest debt-to-GDP ratio since WWII
Time to cut spending and slash all budgets.
Yes we spend 1 trillion dollars on welfare and Medicaid, cut that spending thus putting that money saved to the debt and in 15 years no more debt, more people working and less liberals. Win win for the US of A.
 
Ahhhh poor baby can't handle a little debt.....but we heard nothing from him as Obama buried us in record breaking deficits for 8 fucking years...

And now it means nothing to people like you, who whined about it for 8 years. You are no different then the very thing you rail against every day.

Partisan sheep like you and your twins on the left are the biggest danger to our country.
 
The national debt currently sits at $22.5 trillion. By the end of 2008, when former President Barack Obama was first elected, the national debt sat at $10 trillion. In 2016, it was $19.6 trillion.

The U.S. GDP for the second quarter of this fiscal year was revised down to a 2 percent increase, down from 3.1 percent the previous quarter.

So, I guess the question for all the Trumpniks out there is, why is this rapid accumulation of debt a bad thing only when recovering from an economic catastrophe, but not when it is spent on frivolities like a Russian steel wall, and the confiscated ranch land to build it on?

US national debt is now 110 percent of GDP — largest debt-to-GDP ratio since WWII
Yet more evidence of how the two criminal gangs are very much alike.
 
Ahhhh poor baby can't handle a little debt.....but we heard nothing from him as Obama buried us in record breaking deficits for 8 fucking years...

And now it means nothing to people like you, who whined about it for 8 years. You are no different then the very thing you rail against every day.

Partisan sheep like you and your twins on the left are the biggest danger to our country.
The dem congress holds the purse...you do know that right?...
 
  • Thanks
Reactions: 007

Forum List

Back
Top