crockett

Thanks to Trump and Republicans for passing a unlimited debt limits the National debt has broke 21 billion dollars for first time ever.

Thanks Trump.. not a single Republican is outraged because not Obama...

It's expected to grow by 2.1 trillion a year for the next 10 years thanks to Trump's tax cuts and spending..


https://www.cbsnews.com/news/under-d...rst-time-ever/

beerptrol

Obviously more tax cuts for the rich is needed MAGA

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crockett

Waiting for Robbie to give us a few paragraphs about how it doesn't matter because Obama, Hillary, the media and the FBI...

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Acepimp

It was 10T. And 9.3T is from the previous admin.Thanks Obama!

Don't worry Crockette, once the Clinton foundation gets their assets seized, all that stolen money will go back to the Treasury.

Former CIA Officer Exposes Clinton Charity Fraud As Biggest Scandal In US History

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pimpmaster9000

The bill always comes due... always...

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DraX

U.S. National Debt Clock : Real Time



Panic! Mania! Hallucinations! Tired! So Tired! Sleepy! Sleeping! ZZZzzz!

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crockett

You can't blame Obama for this chump...

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Paul Markham

Every President since Nixon has increased the debt. The reasons are simple, continually giving away your manufacturing industries, allowing in unqualified people and adopting the role of the World policemen in disastrous wars and the people thinking they deserve better than they earn. The only people who have benefitted are the tiny few at the top.



So don't blame Trump, blame yourselves and your belief you are a great power without working for it.

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Paul Markham

Clearly you don't pay enough taxes. 20% would be a nice round figure to raise taxes by to keep it at the level of debt you have now. It's being going on for decades.

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It has little to do with any President, it's down to your willingness to live beyond your means. Import cheap labour and put Americans out of a job, import cheap goods and put Americans out of a job, fight wars from NK to today that are huge money pits that you will lose although you kid yourself you won them.

AmCham Vietnam | Vietnam leads U.S. textile and apparel imports growth in September

AmCham Vietnam | Vietnam – U.S. Trade Status and Outlook, Oct 2014

https://www.cnsnews.com/news/article...er-31109100000

Anything earned by financial services goes mainly to the top 5%.

So when you want a culprit, look in the mirror.

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pimpmaster9000

paul markham-ing and onehunglo-ing are the real reasons western economies are declining...immigrants are a red herring...

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thommy

and now explain me with the same logic why germany´s depth are going backward?

regarding you theory it should be vise versa.

in the second part of your statement you are nearer at the truth.
military spendings are not producing prosperity anywhere in the world - also not in those countries where people flees from war instead of being a good customer for imports.

the big error is that one of the US-strategies of the past was to destroy cities and make big profit when they are build up again.
unfortunately, others are now reaping the rewards, and so the business model is no longer tenable.

but the lobby of those who live on war and arms is so strong in the US that the country has to bleed out first until they chase this pack to hell.

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thommy

you really have to accept that you are one of the dumbest people walking on this planet.

I am aware that you can not do anything with economics and can not read statistics. you get all your knowledge from far-right websites - cumulated on brainwashing size and believe that you have now understood the world.

you think when you compare a big number with a small number it is all you have to do to know what´s going on, right?

did you ever hear about deficit rate to GDP and what it means?

according forecats trumps deficit in his first term (if he goes through that) will be nearly as high as the deficit obama made through his whole presidency (and don´t forget that he had to fight one of the biggest financial crisis in the history what was caused by others
before him)
all US politicians before him tried to push the rate never higher then 3,5% to the GDP. trump will rise it to 6%.

the next problem is that the US market was already overheated when trump was elected.
inflation rates are already that high that the next interest step have to be done within the next weeks.

production inside the US will increase prices as well - MORE INFLATION !!!!! MORE INTEREST !!!

what does higher interest mean?
it means that you will pay even MORE interest on the 21 trillion you have soon and this
will cause even more dept.

i doubt that you will understand the following article but maybe you know someone smart enough who understand it and explains it to you. but at least when your ass is owned by china you will understand it.

https://www.economist.com/news/finan...sks-future-how

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Bladewire

Fuck you Paul.

No matter what you don't hold Trump responsible for a single fucking thing.

You have no integrity when it comes to Trump and your opinions about him don't matter to anyone here but you.

Trump could kill a baby and eat it and you would say the baby deserved it don't blame Trump blame yourself

Acepimp

Did I post something untrue Thommy?

Obama doubled the debt from 10 to 20T.

Clown.

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thommy

what you mean?
did you EVER post something true ???


yes he did you little idiot but in RELATION TO GDP

do you think you understand this picture ???
or is that to much for your cripple brain ?




President Obama is the only Democratic President during whose time in office the debt has risen relative to GDP. The data extends to the end of FY2014 (September 2014). President Obama's bar will almost certainly drop by the end of his presidency, as GDP growth is relatively high and the deficit is relatively low. 2/5ths of the increase during President Obama's presidency occurred during the first year while the country was still in the midst of the Great Recession.

give such a situation in donald dumb´s hand and he would fuck the country within 2 months.

don´t talk about economy with an economist - first learn to tie your shoes alone.

i still don´t know WHAT EXACTLY THEY HAVE WASHED when they brainswashed you.

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Acepimp

So what I posted is true. And so is this:

Facts Are Facts=> Obama Owns Worst Economic Numbers in 80 Years, Since 1932

Facts are still true, even if you don't like it.

Don't worry about it Thommy, you're a foreigner with a 9th grade education, and that's ok! The world needs fast food workers too!

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RedFred

Says the immigrant water park maintenance guy.

pimpmaster9000

dude your news sources are hilarious...first that "truth pundit" that reported an event 1million times less likely than the possibility of winning a lottery and now this...where do you find this shit?

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beerptrol

thegatewaypundit lol.
You fucktards love to scream fake news , but are the biggest purveyors of fake new lol.

You chumpanzees and Chump are so desperate

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Acepimp

^^ The article sources info from Wall Street Journal. Are they fake too?

Clowns.

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Acepimp

^^ Neither of those things are true.

Your anti-immigrant hate speech has been noted.

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GAMEFINEST

Debt is out of control

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Compound interest.

MaDalton

what happened to "I will eliminate all debt when elected"?

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King Mark

this whole debt thing is nothing... obviously. nobody important cares about it.

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thommy

hopeless to explain that to a guy with a minus IQ.

i really have never seen anybody dumber than you are - if there would be a dumb oscar it would be yours with no doubt.

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Acepimp

You're disputing the info from the Wall Street Journal?

Sure thing bud, whatever you say

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RedFred

You said you immigrated from a commie country. What country was that?

You also claimed you are employed at a water park. Now none of this is true? Did you get fired?

mOrrI

Keep calm...

In the end, just hi the reset button!

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thommy

he did not come from a country he fled the madhouse and is now selling popcorn in a flipper costume.

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Acepimp

Wrong. keep making shit up, clown. It's great entertainment.

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RedFred

I think it's more a case of you make up so much bullshit you can't keep track of it all.

RedFred

Probably more truth to this than you think.

Acepimp

Wrong again. I clearly stated before that I'm a 1st generation American.

Does this look like a water park to you?



Clown.

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Paul Markham

What part of this don't you get.



America has always overspent of the arms industry. But the biggest part is still supporting those without a job or on a pension then the bloated health industry. Trump is just going to make it worse, but not to blame for the debt.

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Paul Markham

I blame Americans for voting him in, I blame Americans for voting in all the other overspending Presidents and politicians you have.

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Paul Markham

Thommy is so delusional he ignores things like that.

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Paul Markham

The problem you have is looking at the facts and cherry picking them to back up your flawed view of the world.

Presidents for decades have overspent, the only thing that looked good was the debt to GDP levels. Now more and more industries are outside the US and selling into the US it has hit a problem. Higher unemployment stagnant or falling GDP except in the banking industry, which only benefits the already rich.

It's economist like you who got us into this mess.

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Paul Markham

It's been out of control for a lot longer than the last year.

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Paul Markham

How many Presidents promised that? Then went on to put it up.

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MaDalton

None of them but Trump. Because it would be insanity to claim that this would be possible.

But Trump did, some retards on here even defended his claim, now the debt is on the the way to new records highs instead and the same retards have no problem with that.

Fascinating.

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BaldBastard

FY2003 Supplemental: Operation Iraqi Freedom: Passed April 2003; Total $78.5 billion, $54.4 billion Iraq War

FY2004 Supplemental: Iraq and Afghanistan Ongoing Operations/Reconstruction: Passed November 2003; Total $87.5 billion, $70.6 billion Iraq War

FY2004 DoD Budget Amendment: $25 billion Emergency Reserve Fund (Iraq Freedom Fund): Passed July 2004, Total $25 billion, $21.5 billion (estimated) Iraq War

FY2005 Emergency Supplemental: Operations in the War on Terror; Activities in Afghanistan; Tsunami Relief: Passed April 2005, Total $82 billion, $58 billion (estimated) Iraq War

FY2006 Department of Defense appropriations: Total $50 billion, $40 billion (estimated) Iraq War.

FY2006 Emergency Supplemental: Operations Global War on Terror; Activities in Iraq & Afghanistan: Passed February 2006, Total $72.4 billion, $60 billion (estimated) Iraq War

FY2007 Department of Defense appropriations: $70 billion(estimated) for Iraq War-related costs

FY2007 Emergency Supplemental (proposed) $100 billion

FY2008 Bush administration has proposed around $190 billion for the Iraq War and Afghanistan

FY2009 Obama administration has proposed around $130 billion in additional funding for the Iraq War and Afghanistan.

FY2010 Obama administration proposes around $159.3 billion for the Iraq and Afghanistan wars.

According to a Congressional Budget Office (CBO) report published in October 2007, the U.S. wars in Iraq and Afghanistan could cost taxpayers a total of $2.4 trillion by 2017 when counting the huge interest costs because combat is being financed with borrowed money. The CBO estimated that of the $2.4 trillion long-term price tag for the war, about $1.9 trillion of that would be spent on Iraq, or $6,300 per U.S. citizen.
The most recent CBO report, which was conducted after the end of combat operations and hence did not have to estimate future costs, was released in December 2014. It placed the cost of the war operations in Iraq as of January 1, 2014, at $815 billion out of the total $1.6 trillion approved by Congress since September 2001.

-------
And then... there was the global recession.

pimpmaster9000

the protection racket is going strong in the USA...this is highly amusing because the last people to invade the americas came in wooden ships

those figures do not include the massive economic damage done to the countries they invaded and the damage refugees would cause the "allies" of the USA...

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thommy

nope - it was dumb politicians who have been elected from even dumber people who believed in the simple solution what they could understand with their skills.

a smart politician would never be elected because the dumbs would not understand
his strategies.

in a crisis like obama have faced a country NEEDS to make depts to push up the economy (and this is exactly what he did) in good times when the economy is good (as it was up to now) a country should NOT fire more money in the markets because they will overheat and explode (this is what will happen soon) and pay back the depts or at least don´t make new ones.

depts are not generally bad but they have to be used smart.

but you might know the difference of a teen pussy and a mature pussy but don´t waste your time in understanding economy.

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thommy

that´s exactly the point.

i don´t know why americans are so blind for their problems.
the US politicians (or better: the ones who control them) are breeding rats and after that they sell the rat poison.

now trump wants to allow death penalties for drug dealers (he learned that from the dictator of the pihilippines) instead of starting where addictive and overpriced drugs are prescribed to ill people who are forced to get the cheaper version from the street at the end.

all totally illogical and frustrating to see how brainwashed dumb masses can be.

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pimpmaster9000

europe will turn away form the "alliance" with the USA in time...sooner or later people will realize that the US gov. is no ally at all but only a protection racket seller...americans will open their eyes sooner or later...in 10 years an aspirin will cost 1000$ in the USA and the """"""""""""""""defense""""""""""""""" budget will be in the trillions...

the bill always comes due...in one way or another...

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Paul Markham

So they all from Ford just increased the debt with no attempt to bring it down. No wonder they are in such a mess.

Did Obama say of the national debt, ?If I don't have this done in three years, then there's going to be a one-term proposition?? | PolitiFact Florida

https://www.forbes.com/sites/stancol.../#6bcf65513e8d

Bill Clinton says his administration paid down the debt | PolitiFact

What Hillary Clinton's plans mean for the U.S. debt | PolitiFact

https://www.theatlantic.com/politics...idency/504905/

You can see they either ignore it or promise the impossible.

Debt to GDP is misleading. It assumes GDP will keep rising on real goods made by real people.

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Rochard

What's disappointing here is that people bitched when Obama raised the national debt. I too was disappointed, but we clearly needed to do something to move past the recession.

Now we have a great economy and... Trump is going to increase our national debt for no reason? And suddenly Republicans are okay with it?

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Paul Markham

The U.S. wars in Iraq and Afghanistan could cost taxpayers a total of $2.4 trillion by 2017 when counting the huge interest costs because combat is being financed with borrowed money.

Just in case people missed it.

Economic costs. The Defense Department reported that the overall cost of the Vietnam war was $173 billion (equivalent to $770 billion in 2003 dollars). Veteran's benefits and interest would add another $250 billion ($1 Trillion in 2003 dollars).

https://www.forbes.com/sites/beltway.../#5505654d7b5f

All these wars you lost in terms of the outcome after the fighting had stopped. The US now has a trade deficit with Vietnam.

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Paul Markham

In America, it's the smart people, the 1%, who back the politicians who get elected.

Your problem is you only think smart people are the ones who think like you. And you clearly are a dumb one.

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