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Message
Posted on 3/25/20 at 6:34 am to Armymann50
Where’s the Tea Party when you need it....oh yeah. This President’s color doesn’t match that narrative
Posted on 3/25/20 at 6:44 am to MeatCleaverWeaver
quote:
China, we no pay. Hahahaha
Except most of our debt is owned internally. We no pay, kiss the dollar goodbye.
Posted on 3/25/20 at 7:02 am to SkintBack
quote:
Make it 100 trillion I dont really care.
Funny how people don't care about it now. Democrats get in and thats all people want to talk about. Smdh
Posted on 3/25/20 at 8:14 am to boudinman
Long term debt is uncontrollable.
Posted on 3/25/20 at 8:20 am to Geauxst Writer
quote:
Long term debt is uncontrollable.
Because of SSI, Obamacare, and expanded Medicare. Not a one time stimulus plan. You get that, right?
Medicare alone is $750 billion each and every year. With no end in sight
Posted on 3/25/20 at 8:46 am to Fat Bastard
quote:
NGAF about government debt after W and obama doubled it on their watch. more jobs, no more job killing taxes and regulations. good economy. closed borders. no globalists shipping jobs overseas. that is what people care about. Even if trump paid off the debt a democrat or RINo would run it right back up.
There it is...bottom line.
The Dems (Democratic Socialists/Transnational Progressive) figured this out long ago...while Constitutional Principle folk clung to the Private Economy and Free Market version. As the 'economy' essentially becomes a moral issue, the (moral) 'Right' for some people to enjoy relative affluence, security and freedom - while others suffer and ultimately rebel - becomes morally and practically indefensible. No way Republican Politicos can stand up and take on the more moral Dems...who have zero limitation on spending.
Inflation is a hidden tax on those WHO HAVE MONEY...and 'Money' is simply a medium of exchange for essential (and desired) goods and services. Once 'Government' becomes the arbiter of the dissemination of those goods and services...'Money'...becomes obsolete. The Dems instinctually know this; they have since Saul Alinsky imagined the "engineered collapse" strategy to tank Capitalism and by default, implement the Central Controlled economic model. I.e., Socialism/Marxism.
"Lest ye take the number of the Beast, neither will ye be able to buy and sell" (Bible Thump
Brave new world coming; "Second Coming" (of Truth), very likely. Lord have mercy on those who worship Love and Truth...and look to a prosperous future.
Posted on 3/25/20 at 8:49 am to boudinman
quote:No.
6 Trillion More to the National Debt?
Posted on 3/25/20 at 8:52 am to SkintBack
quote:
Make it 100 trillion I dont really care.
You should.
I’m no economist, but the more of anything you have, the less valuable it is. Every dollar printed, devalues yours.
Posted on 3/25/20 at 10:23 am to Fat Bastard
quote:
Even if trump paid off the debt a democrat or RINo would run it right back up.
Obama did run up the debt, currently the most dollar-wise of any U.S. President. After him comes Republican Presidents W. Bush, Reagan, and H.W. Bush before another Democratic President (Clinton) pops up again.
And Trump is set to take the overall #3 spot guaranteed for his first term, and if he gets re-elected will end up behind only Obama. Trump campaigned on working the debt down, but that's gone by the wayside. I guess Trump is a RINO Republican.....
Posted on 3/28/20 at 12:48 pm to RobbBobb
You do realize Social Security and Medicare are going broke because the government(Reps and Dems) spend the monies on other programs. They take monies out of the working people's paychecks and promise that they will return it to you when you get a certain age and can't physically work anymore. It's not our fault the thieves in Congress keep raiding the funds and replace them with IOU's. Once Social Security and Medicare go bust, look for an armed citizen militia to revolt and take back the federal government. The Purge on politicians will begin in earnest.
Posted on 3/28/20 at 12:51 pm to momentoftruth87
Gen X is gonna get left holding the bag.
Posted on 3/28/20 at 1:39 pm to jawnybnsc
quote:
Gen X is gonna get left holding the bag.
As a Gen Xer, im hoping we pass the bag over to the Federal Reserve lol.
Posted on 3/28/20 at 1:43 pm to Fat Bastard
What’s the alternative at this time. Institute a payment plan in installments and screw trying to give some relief to individuals and small businesses? That won’t fly.
Posted on 3/28/20 at 1:44 pm to boudinman
quote:
Borrowing more "money"
FIFY
Posted on 3/28/20 at 1:45 pm to back9Tiger
quote:
Hyper inflation, come on down!!!
New Gold backed dollar, come on down.
Posted on 3/28/20 at 1:48 pm to boudinman
Four trillion in loan reserves. Doesn't mean it will be used. Besides, the bailouts to the banks a few years ago, the government got all their money back with interest in two years.
It's not a 6 trillion dollar debt as you allude to.
It's not a 6 trillion dollar debt as you allude to.
This post was edited on 3/28/20 at 1:53 pm
Posted on 3/28/20 at 1:50 pm to back9Tiger
quote:Paid $1.58 a gallon for regular unleaded gas in Greenville AL this past Thursday.
Hyper inflation, come on down!!!
That’s the equivalent of .25 a gallon in 1970. Don’t think you could find it that cheap even then.
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