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re: America's national debt is now larger than the entire economy

Posted on 4/30/26 at 9:08 pm to
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
44439 posts
Posted on 4/30/26 at 9:08 pm to
quote:

I forgot it was the executive branch that spends money. Silly me



Are you insinuating that Trump didn’t push for and sign the spending bill?
Posted by Sterling Archer
Member since Aug 2012
8385 posts
Posted on 4/30/26 at 9:22 pm to
quote:

The word you are looking for Mr. CFO is “infantile.” Infant is a noun, not an adjective.


“The dictionary business is an infant industry.”

Tell me where the adjective is in the above sentence Mr. Riverside
Posted by Loup
Ferriday
Member since Apr 2019
16994 posts
Posted on 5/1/26 at 9:21 am to
quote:

America needs a hero I feel the system will never allow.


Posted by bad93ex
Walnut Cove
Member since Sep 2018
36169 posts
Posted on 5/1/26 at 9:25 am to
Isn't having arse loads of debt the American way?
Posted by Mung
Ba’on Rooj
Member since Aug 2007
9304 posts
Posted on 5/1/26 at 9:30 am to
Yeah, Clinton was the last Prez to have a balanced budget, but Bush blew that up quickly. They never looked back after that.
Posted by wesfau
Member since Mar 2023
2367 posts
Posted on 5/1/26 at 9:59 am to
quote:

I forgot it was the executive branch that spends money. Silly me


They have been sequestering funds and otherwise subverting congress's power of the purse.
Posted by LNCHBOX
70448
Member since Jun 2009
89137 posts
Posted on 5/1/26 at 10:01 am to
quote:

They have been sequestering funds and otherwise subverting congress's power of the purse.


The consistent thing in these decades of incredible waste and spending is career legislators. Placing the blame at the feet of any one executive is just partisans doing partisan things. Congress is the fricking problem
Posted by CatfishJohn
Member since Jun 2020
20340 posts
Posted on 5/1/26 at 10:10 am to
quote:

Term limits
Elect people with common sense
Cut govt spending by 50%
End entitlement programs, or let churches run them.


Warren Buffett:

quote:

"I could end the deficit in five minutes. You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election."
Posted by StormyMcMan
USA
Member since Oct 2016
4669 posts
Posted on 5/1/26 at 10:20 am to
quote:


quote:
That imbalance is expected to worsen in the years ahead, with the US firmly on track to break the all-time record of a 106% debt-to-GDP ratio set in 1946 after World War II.
So we've come back from this before at least?


Yes, but these were the tax brackets in 1946 - 1950 (based on 1950 dollars to 2026 dollars)
0 - $26k - 20%
$26k - $52k - 22%
$52k - $78k - 26%
$78k - $104k - 30%
$104k - $130k - 34%
$130k - $156k - 38%
$156k - $182k - 43%
$182k - $208k - 47%
$208k - $234k - 50%
$234k - $260k - 53%
$260k - $286k - 56%
$286k - $338k - 59%
$338k - $416k - 62%
$416k - $494k - 65%
$494k - $572k - 69%
$572k - $650k - 72%
$650k - $780k - 75%
$780k - $910k - 78%
$910k - $1.04M - 81%
$1.04M - $1.17M - 84%
$1.17M - $1.3M - 87%
$1.3M - $1.95M - 89%
$1.95M - $2.6M - 90%
$2.6M+ - 91%

$100k in 2026 dollars paid in 1950 would have paid roughly $26-$28k vs $17-$20k today.
Posted by jwalk38
Member since Nov 2021
168 posts
Posted on 5/1/26 at 10:28 am to
quote:

We are frickin our kids and grandkids





Posted by StormyMcMan
USA
Member since Oct 2016
4669 posts
Posted on 5/1/26 at 10:31 am to
And this
In 1946, Total tax revenue was roughly $78.6B (from what I can find) which is roughly $1.3T in 2025 dollars. This translates to roughly $9,100 per person

In 2025, total tax revenue was roughly $5.3T. This translates to roughly $15,500 per person
This post was edited on 5/1/26 at 10:34 am
Posted by Loup
Ferriday
Member since Apr 2019
16994 posts
Posted on 5/1/26 at 10:36 am to
quote:

jwalk38


fixed it.
Posted by overnunder
Member since Mar 2026
4 posts
Posted on 5/1/26 at 10:36 am to
Babytac

You really need to get your TDS under control. You conveniently ommitted the trlllions of dollars wasted by the demoncrats over the past 60 years.
Posted by Chuck Barris
Member since Apr 2013
3225 posts
Posted on 5/1/26 at 12:09 pm to
quote:

Already in this fiscal year, which began last October, the US has spent $1.17 trillion more than it has collected, according to the federal government, with the annual deficit projected to grow to nearly $2 trillion in the coming months.
Posted by duckoopunk
Member since Oct 2025
26 posts
Posted on 5/1/26 at 12:14 pm to
WE NEED THE $400 MILLION BALLROOM!!
Posted by NawlinsTiger9
Where the mongooses roam
Member since Jan 2009
39701 posts
Posted on 5/1/26 at 12:16 pm to
Remember when DOGE was the flavor of the month and was gonna get the deficit under control?

I can’t believe Elon and his cabal of incel dorks didn’t get the job done!
Posted by Rainier Fog
Member since Jul 2025
1253 posts
Posted on 5/1/26 at 3:03 pm to
quote:

A main driver of the surging debt, the CBO noted, is increased spending on programs like Social Security and Medicare as the population ages, not to mention interest payments on the debt itself.


Incorrect

The main driver of surging debt is Dim politicians like Nancy Pelosi and their never ending fraud.
Posted by Rainier Fog
Member since Jul 2025
1253 posts
Posted on 5/1/26 at 3:08 pm to
quote:

Don’t go tell the Political Board that or they’re start screeching.



Remember when Trump created DOGE and then everyone and their mama bled out of their pussy because of the cuts and then Cuck Schumer said he would bring all the cuts back and more?

Of course you don't
Posted by TeddyPadillac
Member since Dec 2010
30355 posts
Posted on 5/1/26 at 3:09 pm to
Posted by Rainier Fog
Member since Jul 2025
1253 posts
Posted on 5/1/26 at 3:10 pm to
quote:

Remember when DOGE was the flavor of the month and was gonna get the deficit under control?

I can’t believe Elon and his cabal of incel dorks didn’t get the job done!


Look at this dumbass right here that doesn't even realize his party and his king Schumer blocked DOGE from doing anything

You fricking retard
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