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Started By
Message
National debt at highest level ever
Posted on 3/20/26 at 4:48 pm
Posted on 3/20/26 at 4:48 pm
Fox Business
"US national debt breaches $39 trillion milestone for first time amid spending surge
National debt surpassed $39T for first time this week, just five months after hitting $38T milestone"
This is obviously not purely Trump's fault, but the facts are we will all pay for this at some point in one way or another. Spending has only increased under Trump, while taxes have been slashed. But who cares right? Just keep printing money and f*** the future. Sad
28
Posted on 3/20/26 at 4:51 pm to Average_Comments
They could write this article every hour
Posted on 3/20/26 at 4:51 pm to Average_Comments
Even the worst Republican presidents (like George Bush 2) always produce one positive side effect. They turn the political left into budget hawks.
This post was edited on 3/20/26 at 5:11 pm
Posted on 3/20/26 at 4:52 pm to Average_Comments
It hasnt shrank since 98 and that was morw thanks to newt than clinton.
Posted on 3/20/26 at 4:55 pm to Average_Comments
A national security threat greater than all others combined....and nobody cares.
Posted on 3/20/26 at 4:59 pm to Gusoline
quote:
It hasnt shrank since 98 and that was morw thanks to newt than clinton.
Even that wasn't really a surplus and the total debt still rose. It was an accounting gimmick via use of the Trust fund payments as general tax revenues. That's also one reason that deficits are exploding faster now, SS and Medicare are both running at a deficit, and illegal immigration has turbocharged the red ink from those accounts.
This post was edited on 3/20/26 at 5:09 pm
Posted on 3/20/26 at 5:01 pm to Average_Comments
I was told by some very learned people on this forum and the money forum after the Financial Meltdown of 2008/2009 that government debt doesn't really matter....it's all about growth and the ability of the Fed to save too big to fail banks and corporations. 
This post was edited on 3/20/26 at 5:04 pm
Posted on 3/20/26 at 5:02 pm to SCLibertarian
I thought the nukes were totally destroyed last year? Or are you Israeli ;). Obviously a tongue in cheek response...
This post was edited on 3/20/26 at 5:04 pm
Posted on 3/20/26 at 5:02 pm to HailToTheChiz
quote:
They could write this article every hour
every minute
Posted on 3/20/26 at 5:05 pm to Bass Tiger
quote:
very learned people on this forum and the money forum
There have been some very learned people on the financial forum who are nothing more than propagandist shills posing as Wall St experts.
This post was edited on 3/20/26 at 5:07 pm
Posted on 3/20/26 at 5:05 pm to Average_Comments
Trump was always going to grow the debt. It’s what he did his first term too. No one in DC is serious about reducing it, him included
Posted on 3/20/26 at 5:11 pm to Average_Comments
Said it a thousand times a year ago. Cited analysis from the Wharton school.
Admin dangled some red meat on Medicaid and USAID, but holistically the budget proposal was always as absurd as any before it.
They cut spending on things they didn’t want to spend on but increased spending on other things and cut top end taxes more than enough to offset. That’s not how you reduce a deficit.
Admin dangled some red meat on Medicaid and USAID, but holistically the budget proposal was always as absurd as any before it.
They cut spending on things they didn’t want to spend on but increased spending on other things and cut top end taxes more than enough to offset. That’s not how you reduce a deficit.
Posted on 3/20/26 at 5:12 pm to Average_Comments
quote:
National debt
This board thinks it’s big and beautiful… until a Democrat gets elected and then they’ll pretend to care, again.
Posted on 3/20/26 at 5:12 pm to Bass Tiger
quote:
I was told by some very learned people on this forum and the money forum after the Financial Meltdown of 2008/2009 that government debt doesn't really matter....
Depends on the context… the way most people imagine national debt works is wrong… the debt itself is necessary
Posted on 3/20/26 at 5:16 pm to Average_Comments
Highest level, and Trump owns 26% of it.
Not his money, he doesn't care, just a terrible biz man.
Not his money, he doesn't care, just a terrible biz man.
Posted on 3/20/26 at 5:22 pm to Average_Comments
If we can just print this money for deficit spending without consequences, then why not?
Posted on 3/20/26 at 5:24 pm to wdhalgren
quote:
They turn the political left into budget hawks.
symbolism only - leftist use it as campaign fodder - have no intention of doing anything but spending more.
Posted on 3/20/26 at 5:25 pm to Average_Comments
quote:
National debt at highest level ever
What a retarded headline.
Posted on 3/20/26 at 5:26 pm to Gusoline
quote:
It hasnt shrank since 98 and that was morw thanks to newt than clinton.
We didn’t have a budget deficit for about 18 months. But the debt grew just on interest alone.
Posted on 3/20/26 at 5:52 pm to lepdagod
quote:
I was told by some very learned people on this forum and the money forum after the Financial Meltdown of 2008/2009 that government debt doesn't really matter....
Depends on the context… the way most people imagine national debt works is wrong… the debt itself is necessary
Not when debt servicing is running over $1 trillion annually, not when debt to GDP is nearly 125%. Now factor in annual deficits running between $1.5 - 2 trillion, bad shite happens when a nation plows down this out of control deficit spending road.
And your right, most people do not look at the current $39 trillion of US debt in the proper context, the proper context of the $39 trillion of US debt is the obliteration/debasement of the USD over the past 50 years.
That"s ^^^^ what $39 trillion of US debt represents.
Median price of a home in 1976 was $45k...today it's $500k
Median household income in 1976 was $12,690
Median household income in 2025 was $85k
Homes prices are up over 10x since 1976 and the median household wage has increased 6.5x......there's a problem.
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