The National Debt hits $37 trillion

[YoursTruly]

How much would you like to wager than the national debt will not reach $38 trillion before next summer?

It's the internet. And neither of us are going to give the other enough personal information to collect a cent. Stop playing.

But I'll say it'll be over $38 trillion.

 

[YoursTruly]

Trump signed it into law, so yes...

It's got his signature on it. So it's his baby.

Here's a picture of him just after signing it. Smiling from ear to ear.

 

[John Edgar Slow Horses]

Trump is truly growing the debt.

 

[YoursTruly]

Trump is truly growing the debt.

Bigly..

 

[YoursTruly]

How much would you like to wager than the national debt will not reach $38 trillion before next summer?

BTW, how in gods name can you ignore Trump and his RINO's spending problem? FFS, you're republicans. You're supposed to be fiscally conservative and support fiscal conservatism. It's one reason you voted for him, for all the massive spending cuts he was supposed to bring.
And now that he's not, it's like you don't even care.

That's some deep loyalty.

 

[YoursTruly]

Well Mashmont , where'd you run off to?

 

[blackhawk]

The national debt has been going up for 189 years and counting under Democrat and Republican presidents and Democrat and Republican controlled Congress. It didn’t stop under Biden it didn’t under Trump nor did I expect it to and it wouldn’t have stopped if Harris had been elected president.

 

[Mashmont]

Trump signed it into law, so yes...

So you're saying he shouldn't have signed it?

 

[Mashmont]

It's got his signature on it. So it's his baby.

Here's a picture of him just after signing it. Smiling from ear to ear.
View attachment 1149244

OK. So you don't think Trump should have signed the CARES Act?

 

[Mashmont]

BTW, how in gods name can you ignore Trump and his RINO's spending problem? FFS, you're republicans. You're supposed to be fiscally conservative and support fiscal conservatism. It's one reason you voted for him, for all the massive spending cuts he was supposed to bring.
And now that he's not, it's like you don't even care.

That's some deep loyalty.

Trump has enacted many spending cuts, layoffs, and department eliminations, in addition to reforming Medicaid, and here you are complaining that he isn't doing enough. Trump is the ONLY guy who has even tried to address this spending. You should be grateful for him and thanking him, rather than complaining. Your guys didn't even try.

 

[CowboyTed]

I don't credit the economy to anyone in government. "We the People" run the economy. The government tries to destroy it with all their borrowing and printing, that devalues the USD and creates inflation. Then "we the people" suffer through all that and keep businesses open. We keep the trucks rolling, she shelves supplied. We keep the lights going. And everything that makes the economy go, we do it.
Then finally wages start coming back up, and the economic recovery cycle starts.

Then we get some big spending RINO or democrat in office who spends us back into another economic down turn again.

Newt nor Clinton paid down the debt substantially. They did set a course that would make it possible. And then RINO W came along and squandered it with wars and stimulus checks.
And it's been the same exact way they've governed ever since. Trump and Biden put the spending into hyperdrive.

Lets's face facts... People don't care, it is not a issue to voters... If it was We would have this chart..

The issue is Deficit (are we borrowing more, less) and how does it compare to GDP...

The last three Dem President reduced the deficit v GDP... Let 5 GOP President increased it...

Trump is on a path to explode it...

But not enough care, generally US public don't understand borrowing and credit rating. They don't understand the cost of borrowing and how import US Credit rating is.
How many have heard that US 10+ yr bonds yields are increasing, that is how much US has to pay for money...

US 10 Year Treasury Note Yield - Quote - Chart - Historical Data - News

The yield on US 10 Year Note Bond Yield eased to 4.15% on March 11, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.04 points, though it remains 0.17 points lower than a year ago, according to over-the-counter interbank...

tradingeconomics.com

In Europe they seem to be far more aware of Deficit and cost of borrowing... They understand why we reduce and increase debt. Debt isn't all bad, is it wrong to get a mortgage to buy a house?
Debt has to be balanced against what the Government owns and the yield from those assets...

 

[Cassandro]

The last three Dem President reduced the deficit v GDP

The last three Dem Presidents reduced the GDP v deficit.

 

[CowboyTed]

Any deal with China should include.at lesst 50% tariffs. It has been all out war on the U.S since 1999. Will America finally.wake up, or will you fall off of the global leader mantle? Trump allowing nvidia and AMD chips.be sold to china doesn't increase my faith that the MSS is going to lose. America cannot be sacrificed for Wall Street and a few easy dollars. Canada has already lost, America must survive snd thrive.

What's your problem with China?

Let's take away the Intellectual Property rights issues...

What is wrong with China making stuff and selling it? US can't make it in a lot of the case especially at commercially viable rate.

If you want US consumers to pay (conservatively) $3,500 for an iPhone while the rest of the world will pay $1,100... IT seems, go on ahead...

$3,500 American Made iPhone May Slash Apple Sales By $153 Billion

After its stock fell 20% this year, Apple's tariff woes could be resolved by producing iPhones in the U.S. But the tripling in price could cut Apple sales 39%.

www.forbes.com

US economy is a service economy not a manafacturing economy... Service Economies have higher paying jobs than manafactuering. I really don't understand why MAGA want to go back to poorer paying jobs...

Look at Pharma and Auto, the manufacturing jobs are the lower skilled jobs and in the case of Pharma (avg 4% of the cost of producing).... Auto Manufacturing jobs are considered some of worst paid in the industry... Why are they looking for the badly paid jobs and not higher skilled jobs....
Even China is putting together design, marketing, IT,.... depts in there companies...

Sorry, going after manufacturing jobs is racing to the bottom....

 

[shockedcanadian]

What's your problem with China?

Let's take away the Intellectual Property rights issues...

What is wrong with China making stuff and selling it? US can't make it in a lot of the case especially at commercially viable rate.

If you want US consumers to pay (conservatively) $3,500 for an iPhone while the rest of the world will pay $1,100... IT seems, go on ahead...

$3,500 American Made iPhone May Slash Apple Sales By $153 Billion

After its stock fell 20% this year, Apple's tariff woes could be resolved by producing iPhones in the U.S. But the tripling in price could cut Apple sales 39%.

www.forbes.com

US economy is a service economy not a manafacturing economy... Service Economies have higher paying jobs than manafactuering. I really don't understand why MAGA want to go back to poorer paying jobs...

Look at Pharma and Auto, the manufacturing jobs are the lower skilled jobs and in the case of Pharma (avg 4% of the cost of producing).... Auto Manufacturing jobs are considered some of worst paid in the industry... Why are they looking for the badly paid jobs and not higher skilled jobs....
Even China is putting together design, marketing, IT,.... depts in there companies...

Sorry, going after manufacturing jobs is racing to the bottom....

Slave labour, lack of regulations and protection of human workers, state run agencies who fund and often own companies.

Did you know that there were tests that showed that male babies who played with plastic toys made in China had lower testosterone?

No one is talking about the potential poisoning of our society by Made in China.

In addition, a nation that doesn't manufacture has little economic might. You lose the economic war and the ability to make things, you lose the war to respond to a war when it breaks out. Millions of lives are lost.

 

[CowboyTed]

The last three Dem Presidents reduced the GDP v deficit.

Look at the numbers...

The deficit is reduced 9.76% to 4.57% in Obama's case...

Trump was probably the worst... He was raving how good the economy was while increasing borrowing all the time... He was borrowing the GDP growth over Obama's numbers...

The Rest of the World were looking at these numbers and wondered how Americans were falling for it... He was spoofing, increased borrowing money to be a good time Charlie... The economy didn't grow much(same as Obama) but the borrowing increased significantly, and this was before COVID...

What Turmp did is reduce investment, reduced in Education, Infrastructure, Environment.... He was about short term gain, One of those was cutting the epidemic teams around the globe, how did that work out?

 

[John Edgar Slow Horses]

Trump is guilty as any other President for the deficits.

Individually, what he signed means nothing.

 

[Winco]

Let's look at the past few milestones for the national debt:

$32 Trillion - June 2023
$33 Trillion - Sept. 2023 (3 months)
$34 Trillion - Jan. 2024 (4 months)
$35 Trillion - July, 2024 (6 months)
$36 Trillion - Dec. 2024 (5 months)

$37 Trillion - Aug. 2025 (8 months)

How much do you want to bet that $38 Trillion won't be reached for an even longer period than 8 months?

Let's look at the Actual Debt Clock, and use some Factual Numbers.

Today, Aug 14, 2025

37,230,697,997,932
-36,368,665,337,114
______________________
862,032,661,818 in 7 months, not 8

That's an average increase of 123,147,523, 000 per MONTH.
Multiple that by 12, and the debt will increase 1.478 TRILLION in trumps 1st year.

At this pace of INCREASE, the National Debt will be over 38.7 TRILLION by next summer.

The leftwing CBO predicts only a $2T rise in the debt over the next 10 years. That's a huge slowdown.

Currently, the rate of increase in the National Debt is 1.478 TRILLION per year.
Keep an eye on the FACTS, not your feelings.

How much would you like to wager than the national debt will not reach $38 trillion before next summer?

 

[CowboyTed]

Slave labour, lack of regulations and protection of human workers, state run agencies who fund and often own companies.

You just described every Third World Country... The reduction of regulations is a MAGA thing, GOP is no friend of workers rights and screw them every chance they get....
What is wrong with state run companies? How does that effect US?

Did you know that there were tests that showed that male babies who played with plastic toys made in China had lower testosterone?

Show us that study?

Is that about plastic toys in general or do these toys have to come from China.... US can ban plastic toys, that is US own issue... Take a bit of responsibility...

No one is talking about the potential poisoning of our society by Made in China.

Because it is a US lack of regulations that is the cause... Find it hypocritical that you try and accuse China of lack of regulations..

In addition, a nation that doesn't manufacture has little economic might.

Britain was a nation of shop keepers and ran half the world... Trade is real power...

You lose the economic war and the ability to make things, you lose the war to respond to a war when it breaks out. Millions of lives are lost.

Please tell us who you think is invading US?

Your ideas in the world are naïve... US needs allies in a war, allies means your friends can help... Where are you getting the raw materials for your weapons?
The MAGA isolationist approach means you don't get access to the array of rare earth metals that you need in a war...

MAGA much like communism, sounds good in theory but falls a part in practice....

 

[CowboyTed]

Trump is guilty as any other President for the deficits.

Individually, what he signed means nothing.

Trump is actually worse, he got the favourable conditions and squandered them...

But just look at the MAGA here, this is why US has a large Debt... They think deficit management is screwing over a kid for lunch money while giving the richest in America billions off their taxes....
It is brain dead stuff..

 

[shockedcanadian]

You just described every Third World Country... The reduction of regulations is a MAGA thing, GOP is no friend of workers rights and screw them every chance they get....
What is wrong with state run companies? How does that effect US?

Show us that study?

Is that about plastic toys in general or do these toys have to come from China.... US can ban plastic toys, that is US own issue... Take a bit of responsibility...

Because it is a US lack of regulations that is the cause... Find it hypocritical that you try and accuse China of lack of regulations..

Britain was a nation of shop keepers and ran half the world... Trade is real power...

Please tell us who you think is invading US?

Your ideas in the world are naïve... US needs allies in a war, allies means your friends can help... Where are you getting the raw materials for your weapons?
The MAGA isolationist approach means you don't get access to the array of rare earth metals that you need in a war...

MAGA much like communism, sounds good in theory but falls a part in practice....

Do your own research on BPA, it's the only acronym I remember. Made in China impacted our citizens in plastics AND also impacted their own citizens immensely if they worked at a manufacturing plant.

How about Chinese excutives poisoning and killing many babies in China in their baby food?

We should NOT be reliant on Made in China.