The United States is $222 trillion in debt

So you really dont wanna do your part.
Who would have guessed?

 

The United States gov does not issue currency.

 

Isn't it curious that if we do some rounding off (Kotlikoff may be right) to $22Trillion as the national debt, an approximate audit of the Pentagon by Michigan State University professors and students some months back showed the Pentagon is unable to account for about $22Trillion. What a coincidence.

That nobody can actually give an accurate number for the national debt is a bit more concerning than what the actual number is.

 

Yes, it does.

 

Correct he was just one of the Democrats who skyrocketed the deficits and debt starting in 2007.

 

Whatever trillions it is we need more illegal aliens and more sick immigrants to make it much higher.

 

Senate democrats are not a reliable source of information.

 

imagine if instead of spending trillions on Bush's two 10+ year wars we would of used that to nationbuild this country instead

 

Not sure why you are talking about the bond market - which I understand very well btw - same with monetary contracts and I addressed this in my previous post.

If we start printing money like crazy - as you postulate - there would no longer be a bond market because there would be no buyers .. and we would be broke.

I think we are on two different pages here with respect to how you define "broke" and how I define it.

 

You know our military budget is over $6 trillion during 10 years of peacetime. The added monetary cost of war is no where near what the public is lead to believe. Do you really think that the 6 million service and reserve personnel only get paid during wartime? Do you really think the that 200,000 military's machinery/vehicles only use fuel during wartime? Guess how much is spent on ammo, shells, missiles and the like during peacetime? The U.S. spends much more on the tens of thousands of military readiness exercises per year than on actual added costs of war operations.

 

Unlike Trump who continues to pile on debt and deficits in a burning hot MAGA economy....

 

actually it is, that and the Bush tax cuts for the rich have skyrocketed Americas debt

and with Trump's tax cuts for the mega corps, expect to see the debt rise even more

 

Do you view inflation as debt?

 

It is forbidden.
You are wrong

 

What do you mean unlike Trump? The Democrats took the last Republican deficit of just $161B for FY2007 to $1,400B in just two years and kept it over $1,000B for the nest three until Republicans forced sequester and austerity.

Which Democrats candidates, who even have a chance, are running on lowering spending and cutting deficits?

 

False again they helped produce record revenue increases and a paltry $161B deficit. Stop repeating Democrat canards.

It's not revenue it's spending that is driving deficits.

 

So much bellyaching about Trump "piling on debt" but when obama was DOUBLING the debt there wasn't a peep.

 

sadly not, the revenue would have been much higher without the Bush tax cuts for the rich

 

For how long?

 

the more money the people have to spend, the more revenue the government makes as the dollar touches more hands in local businesses and each time a dollar touches a new hand it is taxed

that said, excessive foreign outsourcing and imports are making the American people poorer

 

I already have yet you want me to live on the streets.

 

Great argument for or cutting taxes.
Much more income in my hands, which I can spend

 

If you paid the same percentage as me, I've done my part too.

 

Those coins from the mint are not supposed to be spent, eh?

 

Yipee...