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Started By
Message
re: “We’re going to pay off...the $35 trillion in debt. We’re going to pay it off...fast too.
Posted on 12/7/23 at 12:18 pm to Tall Tiger
Posted on 12/7/23 at 12:18 pm to Tall Tiger
quote:China owns like 1/40th of the debt. So, yeah - we could pay off 2.5% of it if we did that!
I thought we should have canceled all debts owed to China or Chinese institutions
Posted on 12/7/23 at 12:25 pm to Original Bayou Boy
quote:
Everything Trump did in his first term must be viewed as having been done in a hostile environment.
The Democrats and the Swamp conspired to destroy his Presidency before it began. How much time ane energy was wasted dealing with the lies of Russiagate?
You think it will be less hostile this time around buddy? If he is ineffective in a hostile environment then I have bad news for you. It will be even more hostile this time.
Posted on 12/7/23 at 12:36 pm to Big Scrub TX
HOW are we going to pay off the debt, must less "fast"?
What's the plan, Stan?
At least the Dems have plans for the crap they want to push.
Trump is all talk.
How much did he reduce the debt the first time?
"Oh, it will be differnt this time". Why? How?
Before we even think about paying off debt, we have to get our spending under our tax revenue. And we are FAR away from that.
What's the plan, Stan?
At least the Dems have plans for the crap they want to push.
Trump is all talk.
How much did he reduce the debt the first time?
"Oh, it will be differnt this time". Why? How?
Before we even think about paying off debt, we have to get our spending under our tax revenue. And we are FAR away from that.
Posted on 12/7/23 at 12:37 pm to Original Bayou Boy
quote:
Everything Trump did in his first term must be viewed as having been done in a hostile environment.
The Democrats and the Swamp conspired to destroy his Presidency before it began.
We definitely need four more years of excuses from the whiner in chief.
This post was edited on 12/7/23 at 12:38 pm
Posted on 12/7/23 at 12:41 pm to RogerTheShrubber
quote:
who pay lower wages.
So you'd rather poor brown children be paid pennies a day so you can buy cheap rubber dog shite? I thought Democrats were the empathetic ones who cared about everyone's feelings. Turns out, you only have to make liberals pay extra for rubber dog shite and they forget everything they pretend to be.
This post was edited on 12/7/23 at 12:48 pm
Posted on 12/7/23 at 12:54 pm to Rex Feral
Roger isn't a liberal you retard
Posted on 12/7/23 at 1:05 pm to Powerman
quote:
Roger isn't a liberal you retard
Don't care. My point stands.
Posted on 12/7/23 at 1:21 pm to aggressor
quote:
I still 'member when he promised this in '16. How did that go?
Guess your head being so far up Trump's azz you didn't notice the Russia hoax took up a lot of his time then phony impeachments. Then again I never heard him say he was going to pay off the national debt either.
Posted on 12/7/23 at 1:22 pm to Ribbed
quote:
We definitely need four more years of excuses from the whiner in chief
Sort of like you prefer ribbed.
Posted on 12/7/23 at 1:25 pm to LSUFanHouston
quote:
HOW are we going to pay off the debt, must less "fast"?
What's the plan, Stan?
At least the Dems have plans for the crap they want to push.
Trump is all talk.
How much did he reduce the debt the first time?
"Oh, it will be differnt this time". Why? How?
Before we even think about paying off debt, we have to get our spending under our tax revenue. And we are FAR away from that.
Just print money, pay off the debt with it, then change currency treating the old like we did Confederate currency. Simple. Or pay it off with all the money owed us and collect using the military. See two easy solutions.
Posted on 12/7/23 at 1:26 pm to BBONDS25
quote:Paying off debt is good
Paying off debt is bad!!! Reeeeeee.
Lying about paying off debt is bad...
Unless you actually believe him, in which case LOL at you
Posted on 12/7/23 at 1:27 pm to Powerman
quote:
You think it will be less hostile this time around buddy? If he is ineffective in a hostile environment then I have bad news for you. It will be even more hostile this time.
In reality he was far more effective than Biden even with the hostile environment. You are right about hostile. Biden is shortly going to create chaos and we will then have to hunt all the leftists down and deport them along with the illegals.
Posted on 12/7/23 at 1:29 pm to shel311
How about 100% taxing all the super rich leftists like Gates, Zuckerberg?
Posted on 12/7/23 at 1:40 pm to Big Scrub TX
Trump needs to pay back
Duetsche Bank....fast or slow
Duetsche Bank....fast or slow
Posted on 12/7/23 at 1:44 pm to WildTchoupitoulas
quote:
Why do we use GDP when calculating a debt to income ratio for the federal government? The GDP is not the government's income, it's the whole country's. If you want to do D/I for GDP, then you have to look at ALL debt, public and private. If you simply want to compare federal debt to income, you'd have to look at just federal revenues as income.
Otherwise what you're saying is that the entire GDP is available to finance the federal debt. I don't think that's right.
I understand your line of thought but first off, GDP and federal income should be proportionally linear. So measuring federal income to debt is like looking at a shadow to determine the size of the object instead of the object itself. Tax rates can go up and down, so just knowing tax income would not be enough information to underwrite a loan.
Debt to GDP is in effect, a country's public debt to it's gross domestic product. That debt is not some castle on a hill's debt, it's your debt as a American citizen. If you were underwriting the united states and it's citizens, you want to know all the income of the public of the entire country, because you want to know what the chance of a default is. You don't want to know what income they got, you want to know what income they have possibility of getting to avoid a default.
Another way to think about it. A business goes to get a loan, the bank isn't going to just ask what their profit last year is, that doesn't really tell you anything about their risk of default. The bank wants to see your whole income statement (top and bottom line), and your balance sheet ( assets and liabilities.) They want to see what the total possible squeeze and collateral is if shite hits the fan.
This post was edited on 12/7/23 at 1:47 pm
Posted on 12/7/23 at 1:55 pm to Ole Ag
quote:We are talking about people who believe there is currently a WALL along our southern border. And Trump built it and there was nothing there before 2017.
This is a Trump wink-wink promise. Only the truly retarded believe it. Not sure why he tells these whoppers even superfans know is bluster. But it works for him.
This post was edited on 12/7/23 at 1:56 pm
Posted on 12/7/23 at 2:03 pm to RogerTheShrubber
quote:
Tariffs help woke corporations and hurt the working man.
Ok explain to me how tariffs on Chinese crawfish hurt Louisiana crawfishermen.
Posted on 12/7/23 at 2:09 pm to Pendulum
Sweet response!
Sometimes this board pays off, thanks.
Sometimes this board pays off, thanks.
Posted on 12/7/23 at 2:15 pm to Big Scrub TX
If you drained every bank account of every single American, you would barely dent the debt
Posted on 12/7/23 at 2:21 pm to Ole Ag
The same lies worked for the Democrats didn't they?
Trouble there .....they are dumb enough to BELIEVE everything they are told .....
Trouble there .....they are dumb enough to BELIEVE everything they are told .....
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