Politics National Debt Passes $22 Trillion For First Time

Discussion in 'Blazers OT Forum' started by Chris Craig, Feb 13, 2019.

  1. Chris Craig

    Chris Craig Blazersland Staff Member Moderator

    Joined:
    Jun 25, 2015
    Messages:
    25,973
    Likes Received:
    23,975
    Trophy Points:
    113
  2. barfo

    barfo commie pinko... now with added syphilis! Staff Member Global Moderator

    Joined:
    Sep 15, 2008
    Messages:
    26,069
    Likes Received:
    12,729
    Trophy Points:
    113
    Location:
    Blazer OT board
    $1T added in less than a year. Pretty impressive. Guess the Republicans really meant it all those years they whined about the deficit.

    barfo
     
  3. jonnyboy

    jonnyboy Well-Known Member

    Joined:
    Aug 12, 2016
    Messages:
    1,719
    Likes Received:
    2,114
    Trophy Points:
    113
    Location:
    Wyoming
    A4C82F79-0B07-4E51-B6DB-D3B9FF31366C.jpeg That’s what the national debt does, it goes up. The last 40 years worth of losers we’ve had in office haven’t done anything to change that trend. It’s almost as if we have a federal reserve monetary system that keeps us in perpetual debt by design...
     
  4. UncleCliffy'sDaddy

    UncleCliffy'sDaddy Circling the bowl.....

    Joined:
    Jul 2, 2015
    Messages:
    3,536
    Likes Received:
    6,134
    Trophy Points:
    113
    All the whining and crying the Republican did about Obama running up the deficit (mostly by supporting Bush’s bailouts) and now we don’t hear a peep out of those hypocrites. Now there’s a surprise.......
     
  5. MARIS61

    MARIS61 Real American

    Joined:
    Sep 12, 2008
    Messages:
    25,358
    Likes Received:
    4,223
    Trophy Points:
    113
    Occupation:
    retired Yankee
    Location:
    Beautiful Central Oregon
    $1,000,000,000,000 is less than the yearly interest on the debt Trump inherited from Obama, so in fact in his first 2 years Trump has reduced the deficit roughly $2.500,000,000,000, since taking office but the interest alone on Obama's debt is nearly $2,000,000,000,000 per year.

    This is what is known as "insurmountable debt".
     
    stampedehero likes this.
  6. riverman

    riverman Writing Team

    Joined:
    Nov 15, 2013
    Messages:
    47,022
    Likes Received:
    36,167
    Trophy Points:
    113
    The trillion in 11 months was mostly for military applications...and this didn't start with Obama...it started with Dick Cheney...complicated by Trump's cold wars with China and Europe and Canada and Latin America...under Trump Russia and China have stepped up military escalation....the full brunt of Trump's bluster is coming....Trump is paying farmers to lose their markets...see how that ends.
     
  7. EL PRESIDENTE

    EL PRESIDENTE "NO COLLUSION"

    Joined:
    Feb 15, 2010
    Messages:
    36,707
    Likes Received:
    13,117
    Trophy Points:
    113
    Location:
    3-1-0
    gotta spend money to make money
     
    jlprk and bodyman5000 and 1 like this.
  8. riverman

    riverman Writing Team

    Joined:
    Nov 15, 2013
    Messages:
    47,022
    Likes Received:
    36,167
    Trophy Points:
    113
    I'm selling advice if you need to spend some big bucks toward your success campaign
     
    Hoopguru likes this.
  9. riverman

    riverman Writing Team

    Joined:
    Nov 15, 2013
    Messages:
    47,022
    Likes Received:
    36,167
    Trophy Points:
    113
    rivermanuniversity...30k...cardboard cutout of riverman and diploma
     
    Hoopguru and Lanny like this.
  10. barfo

    barfo commie pinko... now with added syphilis! Staff Member Global Moderator

    Joined:
    Sep 15, 2008
    Messages:
    26,069
    Likes Received:
    12,729
    Trophy Points:
    113
    Location:
    Blazer OT board
    Your post is a gushing geyser of misinformation and outright bullshit.

    The interest on the national debt currently is less than $400B. Not a trivial sum, but only 20% of what you claimed.

    Additionally, Trump has not reduced the deficit, he has increased it.

    barfo
     
    Lanny likes this.
  11. MARIS61

    MARIS61 Real American

    Joined:
    Sep 12, 2008
    Messages:
    25,358
    Likes Received:
    4,223
    Trophy Points:
    113
    Occupation:
    retired Yankee
    Location:
    Beautiful Central Oregon
    So, similar to AOC's economics degree?

    Gotcha.
     
  12. riverman

    riverman Writing Team

    Joined:
    Nov 15, 2013
    Messages:
    47,022
    Likes Received:
    36,167
    Trophy Points:
    113
    I include a selfie ...that's the kicker
     
  13. MARIS61

    MARIS61 Real American

    Joined:
    Sep 12, 2008
    Messages:
    25,358
    Likes Received:
    4,223
    Trophy Points:
    113
    Occupation:
    retired Yankee
    Location:
    Beautiful Central Oregon
    I rounded out the numbers but am closer than your ridiculous drivel. If the Dems don't spend any more money, which they will, and they don't obstruct Trump's economic improvements, which they will, interest alone will cost $7 trillion over the next ten years.

    https://www.marketwatch.com/story/us-national-debt-tops-22-trillion-for-the-first-time-2019-02-12
     
  14. barfo

    barfo commie pinko... now with added syphilis! Staff Member Global Moderator

    Joined:
    Sep 15, 2008
    Messages:
    26,069
    Likes Received:
    12,729
    Trophy Points:
    113
    Location:
    Blazer OT board
    No, you made up numbers, which were not at all close to reality.

    Dems can't spend any money without Trump and the Republicans agreeing to it.

    Wait, I thought you said it was $2T per year?

    barfo
     
  15. riverman

    riverman Writing Team

    Joined:
    Nov 15, 2013
    Messages:
    47,022
    Likes Received:
    36,167
    Trophy Points:
    113
    #alt-trump-speak-math We build 50 miles of fence for 400mil so 100 miles should be about 27 billion...I've been doing this building thingy for a long time folks being a stable genius that I should be but never am recognized for in all my greatness by the totally sadly FAKE news believe me, I know how these things work. I own lots of steel and coal stocks...during my presidency we're going to use LOTS of steel and coal!
     
    Last edited: Feb 13, 2019
  16. Road Ratt

    Road Ratt Well-Known Member

    Joined:
    Jul 4, 2015
    Messages:
    755
    Likes Received:
    650
    Trophy Points:
    93
    Location:
    A fruitloop daydream
    This is what 40 years of two party corruption gets ya.
     
    riverman likes this.
  17. jlprk

    jlprk The ESPN mod is insane.

    Joined:
    Sep 25, 2009
    Messages:
    28,596
    Likes Received:
    6,594
    Trophy Points:
    113
    Occupation:
    retired, while you work!
    A good try at rewording "Both sides do it." I used to tell Denny every time this came up...

    At the end of the Clinton Administration, the nation was running in the black, a surplus not a deficit, every year. All forecasts said we'd have no debt by 8 years later. Then in 2001, Republicans took power, and enacted a gigantic tax cut for the rich to take advantage of this surplus.
     
    Lanny and riverman like this.
  18. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

    Joined:
    Sep 15, 2008
    Messages:
    11,624
    Likes Received:
    7,334
    Trophy Points:
    113
    Occupation:
    Electrical and Computer Engineer, OSU
    Location:
    Lake Oswego, OR
    Republican math at it's finest. Dishonest.
     
  19. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

    Joined:
    Sep 15, 2008
    Messages:
    11,624
    Likes Received:
    7,334
    Trophy Points:
    113
    Occupation:
    Electrical and Computer Engineer, OSU
    Location:
    Lake Oswego, OR
  20. Lanny

    Lanny Original Season Ticket Holder "Mr. Big Shot"

    Joined:
    Sep 15, 2008
    Messages:
    11,624
    Likes Received:
    7,334
    Trophy Points:
    113
    Occupation:
    Electrical and Computer Engineer, OSU
    Location:
    Lake Oswego, OR
    Ha ha ha ha
     

Share This Page