Current U.S. National Debt approaching $20 Trillion

Discussion in 'Budget & Taxes' started by kazenatsu, Sep 8, 2017.

  1. Mr_Truth

    Mr_Truth Well-Known Member

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    Blame Trump!
     
  2. Ndividual

    Ndividual Well-Known Member

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    Blame Wilson, FDR, LBJ, Carter, Obama, and most members who have been elected to Congress who have created and allowed passage of programs which perpetually increase the Federal budget spending and debt accumulation!
     
  3. Mr_Truth

    Mr_Truth Well-Known Member

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    put Reagan at the top of your list:


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    and include your pal Cheney who said, "Reagan proved deficits don't matter"
     
  4. Ndividual

    Ndividual Well-Known Member

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    You seem preoccupied with him, so I left him for your list.
     
  5. kazenatsu

    kazenatsu Well-Known Member

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    It doesn't matter until it does matter.

    There are two modes of perception: what we can actually see, and logical deduction

    Obviously we do not really see the obvious downside to all this debt right now, it's not really apparent.

    Sometimes what you can't see is more dangerous than what you can.

    Some basic logical deduction will tell us this debt can't have a beneficial impact, and may even be creating a fiscal and economic danger lurking in the future.

    The question is only how far can you kick the can down the road. Once the country has to borrow money just to pay the interest on past debt, the end won't be far.
     
    Last edited: Jul 11, 2018
  6. Mr_Truth

    Mr_Truth Well-Known Member

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    and you preoccupied with Dems

    of course, those of us who live in the world of reality know where to put the blame and that is on your Republican heroes
     
  7. Mr_Truth

    Mr_Truth Well-Known Member

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    so where are all the objection to Trump's ever increasing national debt?
     
  8. Reiver

    Reiver Well-Known Member

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    Cos the Mexicans will pay for the wall! Evens out in their eyes?
     
  9. Ndividual

    Ndividual Well-Known Member

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    What new spending program(s) created by Trump might you be referring to?
     
  10. Mr_Truth

    Mr_Truth Well-Known Member

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    Trump's "triumphs" -

    no infrastructure rebuilding
    no tax returns released
    no wall
    no health coverage
    higher debt, and defaulted on his
    no golf pledge
     
  11. Reiver

    Reiver Well-Known Member

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    Hardcore!
     
    Mr_Truth likes this.
  12. Ndividual

    Ndividual Well-Known Member

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    And no answer to the question you were asked.
     
  13. Mr_Truth

    Mr_Truth Well-Known Member

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    still waiting ....
     
  14. Ndividual

    Ndividual Well-Known Member

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    Me too, for your answer to my question.
     
  15. Battle3

    Battle3 Banned

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  16. Battle3

    Battle3 Banned

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    Wrong.

    The focus on obama is because the Trump haters and "progressives" keep lying about the debt under obama.

    The US debt is huge, its going up under Trump, and Congress isn't doing anything at all about it. There is only one solution - cut spending on entitlement programs. Medicare, social security, Medicaid, are the big problems but the pols aren't going to touch them out of fear and greed.
     
  17. Moonglow

    Moonglow Well-Known Member

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    What a load, do you have plenty of air freshener to live with that stink? Social Security, Medicare and SS disability is not an entitlement program it is a program people PAY FOR out of their wages for use at a later date in life.
     
    Last edited: Jul 14, 2018
  18. Moonglow

    Moonglow Well-Known Member

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    Yet Oblama is NOT president Trump IS and the Congress is controlled by the GOP. Stop trying to blame Oblama and the Democrats for what Trump and the GOP is doing, which is no different than what the former govt. has done..
    Trump ran a campaign on the promise of eliminating the debt...It's not happening, in fact they have increased spending and the debt with the tax cuts...
     
  19. rahl

    rahl Banned

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    Because on is relevant and the other is not. You can’t compare dollar amounts across a 40 year time period. You have to compare percentage.

    No question. Republican incompetence is expensive to clean up. But he is nowhere NEAR as bad as bush and Reagan were.



    It wasn’t $9.3 trillion. And he doesn’t hold a candle to Reagan or bush when it comes to debt.
     
  20. Ndividual

    Ndividual Well-Known Member

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    Social Security, by law, WILL be cut when when the trust is depleted and the incoming revenues are incapable of continuing the payments.
     

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