ADVERTISEMENT

Government set to borrow nearly $1 trillion this year, an 84 percent jump from last year

Ohio herd says no way trump is paying down the debt. Trumptards give trump the leeway to add all the debt he wants. No need to worry.
 
Now we simply need to cut spending in other places. Now where can we trim some fat...
 
HerdBuckeye said:
Ohio herd says no way trump is paying down the debt. Trumptards give trump the leeway to add all the debt he wants. No need to worry.
Click to expand...
What? I never said that. He has already cut the rate of growth in half in year one. His policies and tax cuts are just now kicking in. Give it time grasshopper, soon you shall see that we are right and you are wrong!:)
 
i am herdman said:
True, they should watch what they spend money on.
Click to expand...

Acceptable spending:
A wall
Infrastructure
Military defensive capabilities
ICE ice baby

Unacceptable spending:
Welfare to illegals
Money to Marxist indoctrination centers AKA college liberal arts programs
Welfare to deadbeats
Military expansionism
 
  • Like
Reactions: SamSwimmer and 19MU88
On a serious note I do not see this as a political game. Obama and Bush together added something like 15 trillion to our national debt in 16 years. The World Bank compares countries based on their total debt to GDP It considers a country to be in trouble if that ratio is greater than 77 percent.We are now at 101%. That's $19 trillion in debt divided by $18 trillion in annual economic output . We are still considered the best economy in the world. As long as investors feel confident in our economy and we maintain growth we can stay ahead of this mess. Social Security and Medicaid account for something like 65% of our revenue. So it is not simple to pay down the debt. The only hope we have is to stop the growth and pay down over a period of time.
 
ohio herd said:
What? I never said that. He has already cut the rate of growth in half in year one. His policies and tax cuts are just now kicking in. Give it time grasshopper, soon you shall see that we are right and you are wrong!:)
Click to expand...
You did look back through your posts from last March.
 
ohio herd said:
What? I never said that. He has already cut the rate of growth in half in year one. His policies and tax cuts are just now kicking in. Give it time grasshopper, soon you shall see that we are right and you are wrong!:)
Click to expand...

What?
 
HerdBuckeye said:
No it’s not worth my time to look back at it but it’s a good refresher for you is you really think you are a truthful individual.
Click to expand...
look HB I said that Trump would lower the debt. He didn't get there this year. He did put a dent in it. What about that do you not understand.
 
extragreen said:
You really going to go that moron on us? From YOUR article.......

"The national debt ended at $20.244 trillion on the last business day of September, an increase of $671 billion from the start of the fiscal year in October 2016."

The most since 2013.
Click to expand...
My my I know you are bad at math but really. the increase was almost half the average annual growth seen in the Obama years.You do realize that Obama Growth in the debt from fiscal years 2010 to 2016 averaged $1.08 trillion
 
ohio herd said:
My my I know you are bad at math but really. the increase was almost half the average annual growth seen in the Obama years.You do realize that Obama Growth in the debt from fiscal years 2010 to 2016 averaged $1.08 trillion
Click to expand...

You do realize that until Oct 1,2017, we've been under the last obama budget. From Oct 1, 2017 through Jan 31 the debt has gone up by an average of 62.2 billion per month. If you multiply that by 12 months per year you get an annual debt of 746 billion. That doesn't include the loss of revenue from the tax cut bill. So, how do you see that as "He has already cut the rate of growth in half in year one" ?
 
NutcaseConservative said:
Fat Nixon is doing everything he can to make sure that the next president that follows him, whether a Democrat or Republican, is doomed to fail. They'll either have to make tough cuts to the budget or raise taxes. Either way they'll be doomed.


http://www.chicagotribune.com/news/...pending-debt-analysis-20180203-story,amp.html
Click to expand...

NO SURPRISE HERE IT IS WHAT THEY ALWAYS DO. WHEN THEY ARE IN POWER RUN
UP HUGE DEFICITS, ELIMINATE OVERSIGHT OF WALL STREET, BIG POLLUTER, FOOD
INSPECTORS, AND ON AND ON.

THEN, AFTER THEY CREATE HUGE DEFICITS SAY THEY HAVE TO CUT SOC SEC
AND MEDICARE, EDUCATION AND EVERYTHING ELSE THAT SERVES THE WORKING
MAN. WATCH WE WILL HAVE ANOTHER BANKING SCANDAL BEFORE DISCLOSED
AFTER THEY LOOSE POWER (BECAUSE THERE IS NO ONE THERE TO DETECT IT
TIL DEMS GET BACK IN.

THEN BLAME IT ALL ON DEMS. - BIGGEST TRANSFER OF WEALTH IN THE
HISTORY OF THE WORLD ( OR AT LEAST SINCE THE BUSH DEPRESSION)

EG AND I CALLED IT YEARS AGO.
 
You must log in or register to reply here.
ADVERTISEMENT

Latest posts

ADVERTISEMENT
Top Bottom
Back