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Howard Schultz is right: $21T debt is 'greatest threat domestically to the country'
Posted on 1/26/19 at 10:36 pm
Posted on 1/26/19 at 10:36 pm
quote:
Howard Schultz, Starbucks' outgoing executive chairman, singled out the national debt as the biggest domestic threat to the U.S. in a critique that spared neither Democrats nor the Trump administration's economic policies.
quote:
He said the ballooning national debt could be hugely consequential to future generations — especially when coupled with rising interest rates.
"I think the greatest threat domestically to the country is this $21 trillion debt hanging over the cloud of America and future generations," Schultz said.
quote:LINK
"I will say that it concerns me that so many voices within the Democratic Party are going so far to the left, and I ask myself how are we going to pay for all these things in terms of things like single payer [health care]," he said.
"I don't think that's realistic," Schultz added.
21
Posted on 1/26/19 at 10:46 pm to Mac
Agreed. But voters don’t want to support candidates that give a shite.
Posted on 1/26/19 at 10:48 pm to Mac
Schultz is gonna “Ross Perot”, Trump isn’t he?
Posted on 1/26/19 at 10:53 pm to Mac
quote:
Howard Schultz is right: $21T debt is 'greatest threat domestically to the country'
Thanks Obama, you slimy anti American Communist.
Just sayin'
Posted on 1/26/19 at 11:03 pm to Mac
Everyone hates the debt blah blah blah.
Let's hear his specific proposals to eliminate the deficit and then take on the debt.
He won't offer any.
Frankly no one is getting elected that's serious about the debt because they would have to address social security, Medicare and the defense budget with specifics that go just a bit beyond the waste fraud and abuse trope.
Let's hear his specific proposals to eliminate the deficit and then take on the debt.
He won't offer any.
Frankly no one is getting elected that's serious about the debt because they would have to address social security, Medicare and the defense budget with specifics that go just a bit beyond the waste fraud and abuse trope.
Posted on 1/26/19 at 11:05 pm to TOKEN
quote:
Schultz is gonna “Ross Perot”, Trump isn’t he?
No chance conservative voters would vote for the former CEO of Starbucks. Might as well hang a "liberal moron" banner around his neck.
Posted on 1/26/19 at 11:11 pm to TOKEN
quote:
Schultz is gonna “Ross Perot”, Trump isn’t he?
Why? Isn't he far more liberal. He endorsed Hillary. He has a much better chance of Nadering the Dem candidate.
Posted on 1/26/19 at 11:14 pm to Mac
quote:
Howard Schultz, Starbucks' outgoing executive chairman, singled out the national debt as the biggest domestic threat to the U.S. in a critique that spared neither Democrats nor the Trump administration's economic policies.
AND THIS MY FRIENDS IS HOW THE DEMS WILL JUSTIFY CONFISCATION OF RETIREMENT PLANS AMOUNTS WHEN THEY GET A POTUS IN OFFICE.
Aka a National Emergency ala the Wall funding that is coming from MAGA’s declaration.
This post was edited on 1/26/19 at 11:16 pm
Posted on 1/26/19 at 11:16 pm to TOKEN
(no message)
This post was edited on 1/10/21 at 4:09 pm
Posted on 1/26/19 at 11:21 pm to Mac
Lol
Debt is just an imaginary number on a piece of paper.
How many Americans has this debt killed?
Debt is just an imaginary number on a piece of paper.
How many Americans has this debt killed?
Posted on 1/26/19 at 11:41 pm to Mac
We don't get to talk about spending or the debt until another democrat gets elected.
Sorry, board rules.
Sorry, board rules.
Posted on 1/26/19 at 11:43 pm to Mac
There have been those of us here saying the same thing about the debt and deficit for many years now.
Posted on 1/27/19 at 1:27 am to Mac
He is 100% right. We probably won't see the chickens come home to roost in our lifetimes, but you should buy ammo just in case.
Posted on 1/27/19 at 1:35 am to Covingtontiger77
you’re on a roll here lately with the 401(K) confiscation stuff 
Posted on 1/27/19 at 1:53 am to Mac
Who do you pay that $21T back to?
Posted on 1/27/19 at 2:08 am to Tiger985
quote:
Frankly no one is getting elected that's serious about the debt because they would have to address social security, Medicare and the defense budget
Social security? Really? How about government pensions.
"21,995,000 to 12,329,000: Government Employees Outnumber Manufacturing Employees 1.8 to 1"
The above article was written in 2015. May be worse now.
LINK
Posted on 1/27/19 at 2:35 am to Mac
quote:
Howard Schultz is right
Actually, he's not completely correct...the gov debt is $21T, no one can call that in...
The total US debt is $72T...that is scary...
The outstanding derivatives are in the $600T range, gambling with money that may or may not be there...if it were 0 sum, it wouldn't be a big deal, but there are cuts on every deal...
Posted on 1/27/19 at 2:53 am to Covingtontiger77
You fricks act like no POTUS has ever declared a National emergency.
Posted on 1/27/19 at 2:58 am to Green Chili Tiger
quote:
We don't get to talk about spending or the debt until another democrat gets elected.
Sorry, board rules.
We only worry about spending and the debt when a R is in office. Sorry, libtard rules.
Posted on 1/27/19 at 5:15 am to Mac
Is someone going to kneecap us if we don’t pay them back?
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