National debt just keeps racing ahead

[HerdBuckeye]

But hey who cares. Donald knows how to manage debt he’ll just file bankruptcy for the government soon.

https://www.treasury.gov/resource-center/faqs/Markets/Pages/national-debt.aspx

 

[WV-FAN]

But hey who cares. Donald knows how to manage debt he’ll just file bankruptcy for the government soon.

https://www.treasury.gov/resource-center/faqs/Markets/Pages/national-debt.aspx

where was all this faux outrage when your homey the clown doubled it?

 

[big_country90]

Why did you provide us a link with dictionary terms?

 

[HerdBuckeye]

Why did you provide us a link with dictionary terms?

So you can search it however you would like since I know you Struggle believing it is over $21 trillion.

 

[countryroads89]

where was all this faux outrage when your homey the clown doubled it?

Learn the difference between debt and deficit.

 

[WV-FAN]

Learn the difference between debt and deficit.

learn reading comprehension you mentally unstable faggit. op indicated debt. i responded appropriately. your hero doubled the debt. piss off.

 

[ThunderCat98]

Why did you provide us a link with dictionary terms?

Probably because he was searching it up trying to figure out what it was and accidentally posted that link instead of the story about it that he meant to post.

Yeah. He's that pitiful.

 

[HerdBuckeye]

Probably because he was searching it up trying to figure out what it was and accidentally posted that link instead of the story about it that he meant to post.

Yeah. He's that pitiful.

No I posted exactly what you guys needed today figure out what the debt was the day trump came in compared to today.

 

[big_country90]

Learn the difference between debt and deficit.

Apparently you need to learn the difference. The OP’s thread topic is about the national debt. The national debt, under Obama, raised from $10 trillion to $20 trillion. Double.

 

[big_country90]

So you can search it however you would like since I know you Struggle believing it is over $21 trillion.

I don’t struggle to believe anything other than how on earth Obama could have added $10 trillion to the national debt himself.

 

[HerdBuckeye]

Apparently you need to learn the difference. The OP’s thread topic is about the national debt. The national debt, under Obama, raised from $10 trillion to $20 trillion. Double.

If trump is in 8 years it will also increase 10 trillion. Maybe more.

 

[WV-FAN]

If trump is in 8 years it will also increase 10 trillion. Maybe more.

while that's possible, you'll have to excuse me for not putting much faith into lib predictions. you guys have been shitting the bed frequently over the past couple years. hell, if anything, you may have just guaranteed that the debt will decrease under trump.

 

[big_country90]

If trump is in 8 years it will also increase 10 trillion. Maybe more.

It will grow, but the expanding economy and better trade deals should help significantly.

 

[Bankerreturns]

If trump is in 8 years it will also increase 10 trillion. Maybe more.

So you're saying Obama increased the debt 100%, but Trump may go hog wild and increase it 50%?

Given that the interest costs on 20 trillion is a lot more than the interest expense on 10 trillion I guess it's possible he might. The annual interest cost has increased $75 billion since 2012. That alone is nearly a 600 billion expense over 8 years. Thanks Obama.

 

[big_country90]

https://www.treasurydirect.gov/govt/reports/pd/debttothepenny.htm

Speaking of...here is a current look at the debt. As of June 12, the debt was $21,099,489,928,692.

At the beginning of April, the debt was $21,119,428,167,134.

Say, guys, wasn't there something that happened right around that time that was supposed to blow our debt through the roof.? Why is it lower today than it was at the beginning of April?

Oh...I know...record tax revenues due to an expanding economy. How about that?

 

[WV-FAN]

ahhhh, gotta love these crying libs, some say their tears are delicious. i think that's just gross would never taste another person's tears, but got dernit, i seem to be drowning in them.

. . . oh yeah, @countryroads89, you educate yourself on the difference between debt and deficit, yet? let any of the right wingers ITT know if you need assistance grasping the two concepts. i'm certain someone would be happy to school your dumbass . . . per the norm.

 

[Y.A.G Si Ye Nots]

https://www.treasurydirect.gov/govt/reports/pd/debttothepenny.htm

Speaking of...here is a current look at the debt. As of June 12, the debt was $21,099,489,928,692.

At the beginning of April, the debt was $21,119,428,167,134.

Say, guys, wasn't there something that happened right around that time that was supposed to blow our debt through the roof.? Why is it lower today than it was at the beginning of April?

Oh...I know...record tax revenues due to an expanding economy. How about that?

Christ. Is this reflective of a wvu education? Why did the debt drop $32 billion from January 12th, 2016 to the following day? How about it dropping $46 billion from 3/30/16 to 3/31/16? I could give hundreds of examples. How about drops of tens of billions over a matter of weeks?

 

[HerdBuckeye]

Trumptards = debt is good.

 

[countryroads89]

So you're saying Obama increased the debt 100%, but Trump may go hog wild and increase it 50%?

Given that the interest costs on 20 trillion is a lot more than the interest expense on 10 trillion I guess it's possible he might. The annual interest cost has increased $75 billion since 2012. That alone is nearly a 600 billion expense over 8 years. Thanks Obama.

No, thank you Bush.

 

[Bankerreturns]

No, thank you Bush.

So if debt does go up under Trump the correct response will be, "thanks, Obama"?

 

[countryroads89]

So if debt does go up under Trump the correct response will be, "thanks, Obama"?

Did trump and Congress have to pass a bunch of spending bills in an attempt to dig us out of the second worst recession in the history of this country created by Obama?

 

[big_country90]

Did trump and Congress have to pass a bunch of spending bills in an attempt to dig us out of the second worst recession in the history of this country created by Obama?

No, but Trump has tried to repeal the miserable law known as Obamacare that contributed to much of that debt.

 

[Bankerreturns]

You mean the famous "shovel ready jobs" package that magically made money disappear into thin air?