re: Update: national debt more than $1 trillion larger than just 6 months ago

Posted by Lg

Hayden, Alabama

Member since Jul 2011

6788 posts

Posted on 3/1/18 at 4:15 pm to 90proofprofessional

Whew!! 2008-2016.

This post was edited on 3/1/18 at 4:16 pm

Posted by Powerman

Member since Jan 2004

162194 posts

Posted on 3/1/18 at 4:17 pm to Y.A. Tittle

quote:
What's going on in that graph?

Trump tried to balance the budget by laying off some data entry clerks?

Seriously what the hell is going on there?

Posted by gthog61

Irving, TX

Member since Nov 2009

71001 posts

Posted on 3/1/18 at 4:54 pm to Chad504boy

Why don't you tell us what policies of Trump's "caused" this?

3 ...

Posted by 90proofprofessional

Member since Mar 2004

24445 posts

Posted on 3/1/18 at 4:57 pm to gthog61

Well, that's a pretty easy one to answer- accelerating the practice of spending more than we take in.

On the upside of an economic expansion too.

Posted by PsychTiger

Member since Jul 2004

98739 posts

Posted on 3/1/18 at 5:06 pm to Old Hellen Yeller

quote:
Trump knows we can’t declare bankruptcy, right?

If we did, what could anyone do about it?

It’s not like another country could send a debt collector after us. Would China start a war? Would the UN levy sanctions?

Posted by Loserman

Member since Sep 2007

21856 posts

Posted on 3/1/18 at 5:12 pm to 90proofprofessional

Wait...

So Trump is only on pace to increase our debt by 3.2 Trillion over 4 years.

shite he needs to get busy and up his game if he wants to keep up with Obama.

Posted by Powerman

Member since Jan 2004

162194 posts

Posted on 3/1/18 at 5:13 pm to Loserman

quote:

shite he needs to get busy and up his game if he wants to keep up with Obama.

What a cuck deflection

Posted by narddogg81

Vancouver

Member since Jan 2012

19670 posts

Posted on 3/1/18 at 5:15 pm to Haughton99

quote:
Dude. You didn't get the memo? People around here don't care about deficits anymore. You'll have to wait till a democrat is back in office for it to matter on this board again.

I guess you did get the memo, that Dems now do care about deficits, despite adding 10 trillion to the debt in 8 years, and every Democratic candidate proposed massive increases in public spending while saying that the 1% is going to pay for it, which is patently ridiculous

This post was edited on 3/1/18 at 5:16 pm

Posted by jnethe1

Pearland

Member since Dec 2012

16143 posts

Posted on 3/1/18 at 5:17 pm to 90proofprofessional

So now liberals are concerned with running up the debt?
What a weird world we live in.

Posted by Pettifogger

Capitol Hill Autonomous Zone

Member since Feb 2012

79117 posts

Posted on 3/1/18 at 5:19 pm to Powerman

quote:
What a cuck deflection

It's a total shite argument, for sure

Posted by Powerman

Member since Jan 2004

162194 posts

Posted on 3/1/18 at 5:19 pm to jnethe1

quote:
So now liberals are concerned with running up the debt?
What a weird world we live in.

Everyone should be concerned about fiscal issues

Deflecting is a bitch move. Why are you ok with massive deficits now? Are you just an inconsistent little bitch?

Posted by GumboPot

Member since Mar 2009

118666 posts

Posted on 3/1/18 at 5:20 pm to 90proofprofessional

Posted by Big_Slim

Mogadishu

Member since Apr 2016

3977 posts

Posted on 3/1/18 at 5:22 pm to 90proofprofessional

That number makes me so sad. I'm glad I'm young and have time for this shite to be resolved because it's gonna be chaos whenever the debt comes to a head. fricking government.

Posted by GumboPot

Member since Mar 2009

118666 posts

Posted on 3/1/18 at 5:26 pm to Big_Slim

quote:
I'm glad I'm young and have time for this shite to be resolved because it's gonna be chaos whenever the debt comes to a head.

It comes to a head when interest rates rise.

That's why I'm skeptical of the Fed raising the Fed's Fund rate really fast. The Fed doesn't want to piss off congress. They could put a halt to congress' profligate spending really fast if they wanted to.

Posted by AUstar

Member since Dec 2012

16991 posts

Posted on 3/1/18 at 5:26 pm to 90proofprofessional

Who was it that demanded discretionary spending in the recent budget? Oh, yeah it was the Democrats. They refused to sign any military budget without all of their pet socialist projects being funded dollar for dollar.

Posted by 90proofprofessional

Member since Mar 2004

24445 posts

Posted on 3/1/18 at 5:37 pm to GumboPot

lmao

Posted by HailHailtoMichigan!

Mission Viejo, CA

Member since Mar 2012

69250 posts

Posted on 3/1/18 at 5:39 pm to 90proofprofessional

Hey 90proof

Don’t laugh

I bought rothbard’s man, economy, and state and I find it fascinating

I don’t agree with everything the Austrians believe, but I find the work to be pretty informative and not too out there.

Posted by Loserman

Member since Sep 2007

21856 posts

Posted on 3/1/18 at 5:47 pm to Big_Slim

quote:
That number makes me so sad. I'm glad I'm young and have time for this shite to be resolved because it's gonna be chaos whenever the debt comes to a head. fricking government.

I'm glad I'm old.

I'm moving to Brazil in 6 years and live out the rest of my life like a king of kings.