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We crossed $40trillion in debt

Posted on 8/17/26 at 7:06 pm
Posted by SlidellCajun
Slidell la
Member since May 2019
16875 posts
Posted on 8/17/26 at 7:06 pm
$40 trillion and the interest on the debt crossed $1trillion a year.

Pretty cool eh?

Posted by DeltaDoc
The Delta
Member since Jan 2008
16948 posts
Posted on 8/17/26 at 7:09 pm to
Trump - Biden - Trump has been a deadly combination for our debt.

Edit:

Trump started in 2017 with $19.947 trillion in debt.
This post was edited on 8/17/26 at 7:28 pm
Posted by Bunk Moreland
Member since Dec 2010
70036 posts
Posted on 8/17/26 at 7:10 pm to
Just saw that. Our trillion dollar defense budget doesn't provide enough missiles and our Navy is sputtering out. Feels like the last gasps of a dying empire.
This post was edited on 8/17/26 at 7:22 pm
Posted by Lsupimp
Ersatz Amerika-97.6% phony & fake
Member since Nov 2003
86484 posts
Posted on 8/17/26 at 7:10 pm to
If we confiscate all annual income from every billionaire and millionaire we could knock that down almost 5%. Really, to create the Socialist utopia we deserve, we will have to seize all their private property too. Then we can pay off that debt and eat the rich- win-win, right?
Posted by Nosevens
Member since Apr 2019
20386 posts
Posted on 8/17/26 at 7:11 pm to
The plan is to make money worthless. Then after the dust settles crank up the world again
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
2185 posts
Posted on 8/17/26 at 7:12 pm to
Democrats don't care.

We need reparations, food stamps for everyone, and "free" health care for everyone.

Can't let something like printing money stop you from having utopia.
Posted by BU Bear In BR
NOLA
Member since Apr 2022
449 posts
Posted on 8/17/26 at 7:13 pm to
Posted by billjamin
Houston
Member since Jun 2019
19009 posts
Posted on 8/17/26 at 7:13 pm to
This is gonna be a painful reset. This is why I have a decommissioned missile silo.
Posted by Brosef Stalin
Member since Dec 2011
42595 posts
Posted on 8/17/26 at 7:16 pm to
quote:

Democrats don't care.

Republicans don't either
Posted by theRealJesseD
Member since Nov 2021
4796 posts
Posted on 8/17/26 at 7:17 pm to
The depth of depression this economy would undergo from paying off the debt would be almost as bad as the debt bubble bursting


This post was edited on 8/17/26 at 7:18 pm
Posted by Powerman
Member since Jan 2004
175643 posts
Posted on 8/17/26 at 7:19 pm to
quote:

If we confiscate all annual income from every billionaire and millionaire we could knock that down almost 5%. Really, to create the Socialist utopia we deserve, we will have to seize all their private property too. Then we can pay off that debt and eat the rich- win-win, right?

I think maybe the better thing is to stop getting conned by defense contractors.
Posted by VooDude
Member since Aug 2017
3585 posts
Posted on 8/17/26 at 7:20 pm to
Maybe we do need a world war to settle things…
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
83522 posts
Posted on 8/17/26 at 7:23 pm to
Posted by WeeWee
Member since Aug 2012
45983 posts
Posted on 8/17/26 at 7:24 pm to
How much of that is interest on debt that we owe ourselves?
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
14292 posts
Posted on 8/17/26 at 7:25 pm to
quote:

Trump - Biden - Trump has been a deadly combine for our debt. Edit: Trump started in 2017 with $19.947 trillion in debt.


Meh, almost all of it is driven by long existing entitlement spending. That and Covid. Discretionary spending like defense is nothing in the scheme of things. Parasites are killing the country.
Posted by Boom33
Member since Jul 2026
410 posts
Posted on 8/17/26 at 7:26 pm to
The national debt is a scam.

The money is printed out of nothing, gets its value from the people and yet somehow those same people have to pay back, with interest money that is never created which makes it impossible anyway, that which was stolen from them.

All of which is used to fund the deep state and everything that is used against you.
Posted by beerJeep
Louisiana
Member since Nov 2016
39225 posts
Posted on 8/17/26 at 7:29 pm to
$100,000 was added to our national debt in the time it took you to read this sentence.
Posted by Judnnc
Member since Jun 2025
883 posts
Posted on 8/17/26 at 7:29 pm to
There is always a reckoning.
Posted by Sharlo
Van down by the river.
Member since Oct 2021
1818 posts
Posted on 8/17/26 at 7:34 pm to
Yay fiscally conservative president and GOP!

I'm honestly amazed they've cooked the booked effectively enough to keep the house of cards standing this long. Gonna be hell when it finally comes tumbling down.
Posted by ragincajun03
Member since Nov 2007
29850 posts
Posted on 8/17/26 at 7:34 pm to
quote:

Democrats don't care.


Only them?
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