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re: For those of you who care about debt/deficit, 2020 will be a loss no matter what

Posted on 6/16/19 at 8:22 pm to
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 6/16/19 at 8:22 pm to
quote:

Obama took debt that took 230+ years to accumulate and doubled it in 8 years.
He did this on purpose to destroy the country.
He is, and has always been a slimy, anti American communist. The fact that more people can't see this is amazing.


I think you got Bush and Obama mixed up
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 6/16/19 at 8:33 pm to
quote:

The debt is one of my primary voting interest. Neither the Rs or Ds are going to address the topic at all. I’ll vote Libertarian again.
For sure. They are doing an awesome job reducing the debt.
Posted by Taxing Authority
Houston
Member since Feb 2010
57517 posts
Posted on 6/16/19 at 8:34 pm to
quote:

I think you got Bush and Obama mixed up
I think you don’t do math very well. Obama’s deficits are in no way comparable to Bush’s. The deficit in 2007 was a mere $160B. Obama’s smallest deficit was $441B. Largest? Bush’s was $458. Obama’s $1.4 Trillion.
This post was edited on 6/16/19 at 8:39 pm
Posted by troyt37
Member since Mar 2008
13363 posts
Posted on 6/16/19 at 8:47 pm to
quote:

You'd had to vote third party.


If you’re concerned about debt and deficit, and don’t vote republican, you aren’t really concerned about debt and deficit. A vote for any third party is nothing but a vote to ensure that a democrat wins, which can’t possibly improve the debt or deficit. The only place democrats save money is by gutting our military.
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 6/17/19 at 7:41 am to
quote:

I think you don’t do math very well. Obama’s deficits are in no way comparable to Bush’s. The deficit in 2007 was a mere $160B. Obama’s smallest deficit was $441B. Largest? Bush’s was $458. Obama’s $1.4 Trillion.


2001: ~5.8 trillion debt
2009: ~12 trillion debt

Oof.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74974 posts
Posted on 6/17/19 at 7:47 am to
quote:

2009: ~12 trillion debt


It was 10.6 then 19 when he bailed

Ooof
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17166 posts
Posted on 6/17/19 at 7:51 am to
quote:

For those of you who care about debt/deficit, 2020 will be a loss no matter what

So what has the debt/deficit been like under the current administration?
Posted by BeeFense5
Kenner
Member since Jul 2010
41313 posts
Posted on 6/17/19 at 7:53 am to
Expanding.

You think you have some gotcha?
Posted by TigerSprings
Southeast LA
Member since Jan 2019
1595 posts
Posted on 6/17/19 at 8:16 am to
quote:

I'm not a fan of how far right the dems have shifted

What do dems believe in that is even remotely close to center?
Posted by Steadyhands
Slightly above I-10
Member since May 2016
6846 posts
Posted on 6/17/19 at 8:35 am to
quote:

The only place democrats save money is by gutting our military.


You can't call it saving money if it's spent elsewhere.
Posted by Boatshoes
Member since Dec 2017
6775 posts
Posted on 6/17/19 at 8:41 am to
Friend, that's a 20th century battle.

The devaluation and default (against the citizens of the nation) that is coming in the future is now set in stone.

The question is now whether those citizens will be permitted to have free speech, own guns, speak English, and worship Jesus.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 6/17/19 at 8:44 am to
quote:

For those of you who care about debt/deficit, 2020 will be a loss no matter what



Here's the bad news. I personally think it's reached a point to where it almost doesn't matter.

Within OUR lifetimes, anything done that will ACTUALLY fix the problem will feel indistinguishable from whatever happens when we finally drive over the debt cliff.

We have baked in so much spending that any real reform that deals with that problem will likely be felt to individual Americans worse than the Great Depression.
Posted by DemonKA3268
Parts Unknown
Member since Oct 2015
19282 posts
Posted on 6/17/19 at 8:49 am to
quote:

Here's the bad news. I personally think it's reached a point to where it almost doesn't matter. Within OUR lifetimes, anything done that will ACTUALLY fix the problem will feel indistinguishable from whatever happens when we finally drive over the debt cliff. We have baked in so much spending that any real reform that deals with that problem will likely be felt to individual Americans worse than the Great Depression.


Posted by mmcgrath
Indianapolis
Member since Feb 2010
35509 posts
Posted on 6/17/19 at 8:51 am to
quote:

2001: ~5.8 trillion debt
2009: ~12 trillion debt

Oof.

And Trump will have it around $24 - $25 trillion in 4 short years.
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 6/17/19 at 8:59 am to
quote:

And Trump will have it around $24 - $25 trillion in 4 short years.

And, unfortunately, whomever comes after that will continue the race upward largely because it is literally politically impossible to fix at this point.

People my age who tried to tell people back in the 80s that we were headed towards a cliff of basically automated bankruptcy were right. It is now just flat out fact that we were 100% right.

Alas, it's too late now. Way too late.

Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 6/17/19 at 9:03 am to
The problem is, just like a family who has to get its shite together when they've gone deep in debt, there are short term lifestyle consequences to solving it. The family eats a lot more pasta, a lot less steak and eating out is off limits. The caliber of their cars goes down and, no more new clothes bought with credit cards. But, they go through this short term pain because they know the light at the end of the tunnel if they succeed is so much better.

Alas, the US, if it did what HAS to be done, would incur "short term" pain that would be horrendous. It would be the equivalent of telling the family that needs to get its shite together that the parents and the children will just basically die before they see the benefits and will live a life of misery............and maybe the grandkids will reap the rewards!

That's the the political sales pitch we're stuck with if we're all being honest about it.
Posted by hawkeye007
Member since Feb 2010
5915 posts
Posted on 6/17/19 at 10:52 am to
Tell me again how Trump has cut the debt since he took office? oh that's right he is on pace to do the same thing Obama did with the debt. He must be an anti american communist also ....
Posted by NIH
Member since Aug 2008
112904 posts
Posted on 6/17/19 at 10:55 am to
Yep. Politicians will never risk what it takes to be done to fix the problems. Talking about the deficit or serious solutions will be kept to internet message boards.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
17166 posts
Posted on 6/17/19 at 10:59 am to
quote:

Expanding.

You think you have some gotcha?

Just pointing out this is a bipartisan issue. OP wanted to blame/fear Dems but it is an issue with Government.
Posted by 995webmaster
New Orleans
Member since Dec 2007
3780 posts
Posted on 6/17/19 at 11:05 am to
quote:

For those of you who care about debt/deficit, 2020 will be a loss no matter what


Have Trump and the Re-cuck-lican Party spent even a penny's worth of political capital on debt/deficit reduction?
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