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re: 6 Trillion More to the National Debt?

Posted on 3/25/20 at 6:19 am to
Posted by MeatCleaverWeaver
Member since Oct 2013
22175 posts
Posted on 3/25/20 at 6:19 am to
Maybe this will put your mind at ease:

“China, we no pay. Hahahaha.”
Posted by EthanL
Auburn,AL
Member since Oct 2011
6963 posts
Posted on 3/25/20 at 6:34 am to
Where’s the Tea Party when you need it....oh yeah. This President’s color doesn’t match that narrative
Posted by Wally Sparks
Atlanta
Member since Feb 2013
32715 posts
Posted on 3/25/20 at 6:44 am to
quote:

China, we no pay. Hahahaha


Except most of our debt is owned internally. We no pay, kiss the dollar goodbye.
Posted by CenlaLowell
Alexandria, la
Member since Apr 2016
1302 posts
Posted on 3/25/20 at 7:02 am to
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 by Sneaky__Sally
Member since Jul 2015
12364 posts
Posted on 3/25/20 at 7:35 am to
No its 2
Posted by Geauxst Writer
Atlanta
Member since Dec 2015
4960 posts
Posted on 3/25/20 at 8:14 am to
Long term debt is uncontrollable.
Posted by RobbBobb
Member since Feb 2007
34219 posts
Posted on 3/25/20 at 8:20 am to
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 by RCDfan1950
United States
Member since Feb 2007
39635 posts
Posted on 3/25/20 at 8:46 am to
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 ) Our best hope is to hold those in power accountable, and the ability to do that lies in the wisdom of the Founder's vision that it is ultimately the GUNS which ensures said accountability. Those Senators that did the 'insider trading' will be a gauge re real accountability. We may as well support the "Beast", as we all depend on it anyway; no choice, for anyone who needs/chooses to "buy and sell". Now the fact that once we are all in, the 'Government' can simply say that if you want to stay in for your check and healthcare...send us the guns...we'll.

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 by LSURussian
Member since Feb 2005
134865 posts
Posted on 3/25/20 at 8:49 am to
quote:

6 Trillion More to the National Debt?
No.
Posted by Revelator
Member since Nov 2008
62079 posts
Posted on 3/25/20 at 8:52 am to
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 by ConwayGamecock
South Carolina
Member since Jan 2012
9121 posts
Posted on 3/25/20 at 10:23 am to
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 by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 3/25/20 at 10:24 am to
Posted by boudinman
Member since Nov 2019
6101 posts
Posted on 3/28/20 at 12:48 pm to
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 by jawnybnsc
Greer, SC
Member since Dec 2016
5998 posts
Posted on 3/28/20 at 12:51 pm to
Gen X is gonna get left holding the bag.
Posted by Droplinebacker
Member since Jan 2004
890 posts
Posted on 3/28/20 at 1:39 pm to
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 by VOR
New Orleans
Member since Apr 2009
68784 posts
Posted on 3/28/20 at 1:43 pm to
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 by VoxDawg
Glory, Glory
Member since Sep 2012
77525 posts
Posted on 3/28/20 at 1:44 pm to
quote:

Borrowing more "money"


FIFY
Posted by omegaman66
greenwell springs
Member since Oct 2007
27169 posts
Posted on 3/28/20 at 1:45 pm to
quote:

Hyper inflation, come on down!!!


New Gold backed dollar, come on down.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56146 posts
Posted on 3/28/20 at 1:48 pm to
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.
This post was edited on 3/28/20 at 1:53 pm
Posted by FearlessFreep
Baja Alabama
Member since Nov 2009
19977 posts
Posted on 3/28/20 at 1:50 pm to
quote:

Hyper inflation, come on down!!!
Paid $1.58 a gallon for regular unleaded gas in Greenville AL this past Thursday.

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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