The National Debt hits $37 trillion

It is slower than expected and now is picking up.
I hope not, that is not good for America but there are signs that people are holding on to their money more, which is not a bad thing, more people need to save. The tariffs are still a good idea while we have bargaining power, in the short run it will hurt the economy but in the long run it will help America out. I just hope we use our bargaining leverage.
 
Obiden gets zero or low rates all 12 years. Trump years get hammered and the rates don't come down until it is too late to do much good?
 
Some sort of program to get kids into TECH schools and out of the liberal arts BS would help going forward. IMVHO. Or forced Military service is better for borderline troublemakers than doing nothing.
 
I don’t trust anymore than I trusted Biden, I like his policies more than Biden’s policies but he is not a fiscal conservative and you have failed to prove he is even close.
You saw the opposition he got from his own party. He got everything he could and more than anyone else has.
 
You saw the opposition he got from his own party. He got everything he could and more than anyone else has.
No he didn’t, he could have done without the tax cuts, he could have cut spending and picked up two votes. He got everything he wanted. He is a liberal spender, adding $3 trillion to the debt proves it, Biden had only $2.4 trillion and you said that was bad, I’m not seeing your logic or how spending more is fiscally conservative.
 
It's officially over $37 trillion. And at this rate, by the time the next potus takes the helm, Trump will have driven up over $45 trillion. That's if it stays at this rate. But since Trump isn't a fiscal conservative, and neither are his congressmen, I suspect it'll be close to $50 trillion.

BTW, I was just skimming through the RNC platform, and there's almost nothing about fiscal conservatism or responsibility in it now. So that ends the whole "lesser of two evils" argument. They're both equally evil.
False the GOP is making massive spending cuts against the opposition of democrats. The tariffs are on track to raise 1 trillion a year. The annual deficit is 1.6 trillion. After that is paid off we can start to bring down the national debt. Democrats fight this every step of the way
 
False the GOP is making massive spending cuts against the opposition of democrats. The tariffs are on track to raise 1 trillion a year. The annual deficit is 1.6 trillion. After that is paid off we can start to bring down the national debt. Democrats fight this every step of the way
What massive spending cuts were in the $3 trillion bill the Republicans just passed?
 
I mean, the DJIA is at an all time high right now. Which facts are you saying are irrelevant?
How many All-Time Highs for the DOW occurred under Biden?

Did you celebrate those days too?
 
What massive spending cuts were in the $3 trillion bill the Republicans just passed?
The bill did have part that supported some cuts. All cuts dont need a bill. Dept heads have that power. This is just the beginning. THe bill is explained here

 
The bill did have part that supported some cuts. All cuts dont need a bill. Dept heads have that power. This is just the beginning. THe bill is explained here

So we are adding $3 trillion to the debt.
 
How many All-Time Highs for the DOW occurred under Biden?

Did you celebrate those days too?
Whats your point? Bidens economy was funded by massive debt. That will drive up the DOW but the inflation killed the middle class and poor. So investors like me do well. The same thing happened under Obama. Quantitative easing they called it You increase the government and print the money to cover the debt
 
So we are adding $3 trillion to the debt.
Tariffs will bring in over 4 trillion in 4 years. Spending cuts will be 1 trillion at that time. They can easily pay off the deficit. Then they can reduce the debt
 
Whats your point? Bidens economy was funded by massive debt. That will drive up the DOW but the inflation killed the middle class and poor. So investors like me do well. The same thing happened under Obama. Quantitative easing they called it You increase the government and print the money to cover the debt
  • The national debt rose by almost $7.8 trillion during Trump's time in office.
 
15th post
Tariffs will bring in over 4 trillion in 4 years. Spending cuts will be 1 trillion at that time. They can easily pay off the deficit. Then they can reduce the debt
We will see, we are $37 trillion and climbing, no President in over one hundred years has not had debt, Trumps first term added a few trillion in debt. If he can reduce debt by the time he gets out of office, I will be impressed and sad that he would have to leave office and vote for the candidate he endorses.
 
We will see, we are $37 trillion and climbing, no President in over one hundred years has not had debt, Trumps first term added a few trillion in debt. If he can reduce debt by the time he gets out of office, I will be impressed and sad that he would have to leave office and vote for the candidate he endorses.
Trump in his first term increased tax revenues. Covid was the reason the debt increased. Trump is doing it now and democrats fight him every step of the way
 
Hey, maybe Trump can soak American employers through tariffs to pay that off!
It amazes me that throughout history, the conservatives despised TAXES and big Government, but NOW that trump says that Tariffs are a money raiser for the Government, they NOW all at once support this HUGE TAX on the American Consumer.

It make no sense.
 
It amazes me that throughout history, the conservatives despised TAXES and big Government, but NOW that trump says that Tariffs are a money raiser for the Government, they NOW all at once support this HUGE TAX on the American Consumer.

It make no sense.
Most of them feel obligated to play the game, no matter how absurd it gets. Lying to protect the master is fine. Such is life in a cult.

But some of them really don't understand how tariffs work. Many are on this board. There is no excuse for ignorance like that when they could find out pretty easily. They're on a COMPUTER.
 

New Topics

Back
Top Bottom