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The U.S. national debt now exceeds 100% of gross domestic product

Posted on 4/30/26 at 9:22 am
Posted by Green Chili Tiger
Lurking the Tin Foil Hat Board
Member since Jul 2009
50742 posts
Posted on 4/30/26 at 9:22 am
quote:

The government is spending $1.33 for every dollar it collects in revenue.


quote:

The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.


Wall Street Journal
Posted by roadGator
DeBoar’s dome
Member since Feb 2009
157969 posts
Posted on 4/30/26 at 9:23 am to
Ouch
Posted by theballguy
HSV (Dealing only in satire)
Member since Oct 2011
37282 posts
Posted on 4/30/26 at 9:23 am to
Printer never stops. Burrrrr.
Posted by RougeDawg
Member since Jul 2016
7625 posts
Posted on 4/30/26 at 9:25 am to
quote:

The government is spending $1.33 for every dollar it collects in revenue.


My wife and the government have something in common.
Posted by BuckeyeGoon
Member since Jan 2025
1198 posts
Posted on 4/30/26 at 9:25 am to
Well yeah we have somalians and haitians to take care of and make rich.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
13794 posts
Posted on 4/30/26 at 9:26 am to
What percentage of it is due to fraud and outright theft?
Posted by BugAC
St. George
Member since Oct 2007
57895 posts
Posted on 4/30/26 at 9:26 am to
quote:

Green Chili Tiger


Do you support massive spending cuts for government programs? Smaller government?
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
77724 posts
Posted on 4/30/26 at 9:26 am to
And almost all of it is fraud/laundered.
Posted by el Gaucho
He/They
Member since Dec 2010
59215 posts
Posted on 4/30/26 at 9:28 am to
There’s no such thing as gross domestic product because we don’t produce anything
Posted by Houag80
Member since Jul 2019
19561 posts
Posted on 4/30/26 at 9:29 am to
We are doomed. Time is the only factor.

And when the Merry-go-Round stops we will return to mob rule or he with the most weapons survives.

Millions will perish in a short amount of time.
Posted by 4cubbies
Member since Sep 2008
61440 posts
Posted on 4/30/26 at 9:32 am to
MAGA
Posted by Nosevens
Member since Apr 2019
19356 posts
Posted on 4/30/26 at 9:42 am to
Just quit printing money, get the fraud out & cut government programs 1% per year for a decade or two and watch what happens
Posted by wdhalgren
Member since May 2013
5327 posts
Posted on 4/30/26 at 9:46 am to
quote:

The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.


I'm not sure how they're doing their calculations, but we passed 100% several years ago.
Posted by choupiquesushi
yaton rouge
Member since Jun 2006
35090 posts
Posted on 4/30/26 at 9:48 am to
Yet we won't cut the trillions of non essential spending.
Posted by Mo Jeaux
Member since Aug 2008
63789 posts
Posted on 4/30/26 at 9:49 am to
quote:

I'm not sure how they're doing their calculations, but we passed 100% several years ago.


Not according to the article. Where are you getting your information?
Posted by captainFid
Never apologize to barbarism
Member since Dec 2014
10598 posts
Posted on 4/30/26 at 9:49 am to
It's quite the concern, almost devastating.

One side of the Uniparty doesn't care, as long as power is maintained or acquired. The other side only cares slightly more ... to simply give lip service.
Posted by UtahCajun
Member since Jul 2021
5793 posts
Posted on 4/30/26 at 9:50 am to
quote:

Do you support massive spending cuts for government programs? Smaller government?


Austerity measures? Sure, let's have them.
Posted by wdhalgren
Member since May 2013
5327 posts
Posted on 4/30/26 at 9:51 am to
quote:

Where are you getting your information?


From my head. Current US Federal debt is $39+ trillion. US GDP is $32 trillion. 39/32 = 122%. Debt/GDP has been greater than 100% for several years and steadily climbing by 5% or more per year.
This post was edited on 4/30/26 at 9:56 am
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
38029 posts
Posted on 4/30/26 at 9:52 am to
quote:

What percentage of it is due to fraud and outright theft?

Probably 70%. Not even kidding.
Posted by NIH
Member since Aug 2008
122896 posts
Posted on 4/30/26 at 9:53 am to
Do you want government spending to be cut? Where?
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