National debt jumps $1.2 trillion in fiscal year 2018

Discussion in 'Latest US & World News' started by k995, Oct 2, 2018.

  1. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
  2. Baff

    Baff Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    9,641
    Likes Received:
    2,003
    Trophy Points:
    113
    [​IMG]

    Seems the norm these days.

    Only the UK is paying it's debts down.
     
    Last edited: Oct 2, 2018
    Liberty Monkey likes this.
  3. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    Thats not deficit, and that graph shows its debt is stable (and very low) for the EU the last few years, trump almost doubled the deficit in 2 year.




    https://www.debtclocks.eu/public-debt-and-budget-deficits-comparison-of-the-eu-member-states.html

    LOL
    UK has one of the biggestd deficits in the EU (way to go brexit):

    https://www.debtclocks.eu/public-debt-and-budget-deficits-comparison-of-the-eu-member-states.html

    Germany for example will have a close to 1.5% budget surpluss, UK is luckly if its stays under 3% deficit.
    Almost half of the EU has budget surplus but no not the UK.
     
    Last edited: Oct 2, 2018
    Aleksander Ulyanov likes this.
  4. Eleuthera

    Eleuthera Well-Known Member Donor

    Joined:
    Jun 13, 2015
    Messages:
    22,904
    Likes Received:
    11,859
    Trophy Points:
    113
    When the House Of Cards collapses, it is going to be spectacular.
     
    trucker, AZ. and Mr_Truth like this.
  5. truth and justice

    truth and justice Well-Known Member

    Joined:
    Oct 5, 2011
    Messages:
    25,933
    Likes Received:
    8,879
    Trophy Points:
    113
    UK debt is increasing year on year. Germany debt is decreasing year on year. Sweden debt stable, Denmark debt stable. The EU is not a country
     
  6. Baff

    Baff Well-Known Member

    Joined:
    Apr 15, 2016
    Messages:
    9,641
    Likes Received:
    2,003
    Trophy Points:
    113
    UK's debt went down last quarter, according to the site I got that graph from.
    I was surprised to see it.
    All others rose, including those you mentioned.

    You are correct the EU is not a country.
    It does however still have an economy and government debt.

    Used as a comparison it gives a similar sized and developed economy to the USA. A rival model to look at it.


    If we look at individual states of the USA will we also see states in surplus?
     
    Last edited: Oct 2, 2018
  7. Mr_Truth

    Mr_Truth Well-Known Member

    Joined:
    Jan 23, 2012
    Messages:
    33,372
    Likes Received:
    36,882
    Trophy Points:
    113
    Gender:
    Male
    I bet forum right wingers are angrier than ever over this bit of news. After all, they made the debt an every day issue under Obama. So let's see what they have to say about this today.
     
  8. The Don

    The Don Well-Known Member

    Joined:
    Aug 9, 2018
    Messages:
    1,687
    Likes Received:
    803
    Trophy Points:
    113
    No it isn't, there is still a deficit, albeit a smaller one than at the worst. For the last full year:

    https://www.ons.gov.uk/economy/gove...nmentdebtanddeficitforeurostatmaast/march2018
     
  9. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    Go ahead give this graph, and then try to get one that lists this year or the past fiscal year.

    Again, UK has a massive deficit, not as bad as the US but one of the worst from OECD coutnries, germany has a huge surplus.

    Then EU debt is very stable while the US one is going trough the roof.
     
  10. 61falcon

    61falcon Well-Known Member

    Joined:
    Apr 27, 2018
    Messages:
    21,436
    Likes Received:
    12,227
    Trophy Points:
    113
    Gender:
    Male
    Dirty Donald practicing his well followed business practice of DEBT IS GOOD, so following his standard business practice we can expect our nation filing BANKRUPTCY in the not too distant future!!
     
    Aleksander Ulyanov and Giftedone like this.
  11. fmw

    fmw Well-Known Member

    Joined:
    Aug 21, 2009
    Messages:
    38,776
    Likes Received:
    14,913
    Trophy Points:
    113
  12. k995

    k995 Well-Known Member

    Joined:
    May 24, 2011
    Messages:
    6,783
    Likes Received:
    680
    Trophy Points:
    113
    Together with trump they do seem to be spending as fast as they can try and getting re-elected.
     
  13. Curious Always

    Curious Always Well-Known Member Past Donor

    Joined:
    Dec 6, 2016
    Messages:
    16,925
    Likes Received:
    13,464
    Trophy Points:
    113
    Gender:
    Female
    10% approval rating - 90% re-election rate.
     
    CourtJester likes this.
  14. fmw

    fmw Well-Known Member

    Joined:
    Aug 21, 2009
    Messages:
    38,776
    Likes Received:
    14,913
    Trophy Points:
    113
    I guess it is the voters who are even more incompetent.
     
  15. Curious Always

    Curious Always Well-Known Member Past Donor

    Joined:
    Dec 6, 2016
    Messages:
    16,925
    Likes Received:
    13,464
    Trophy Points:
    113
    Gender:
    Female
    I believe the thought process for the average voter goes like this: It's the other 532 losers in Congress that are causing the problem. My three guys are great.

    We have the government we deserve.
     
    Aleksander Ulyanov and cd8ed like this.
  16. cd8ed

    cd8ed Well-Known Member Past Donor

    Joined:
    Jul 19, 2011
    Messages:
    42,216
    Likes Received:
    33,145
    Trophy Points:
    113
    Gender:
    Male
    Trump has called himself “The King of Debt” numerous times

    Finally something he didn’t lie about - unfortunately it’s bad for the country. Figures
     
  17. ronv

    ronv Well-Known Member

    Joined:
    Feb 5, 2018
    Messages:
    20,312
    Likes Received:
    8,774
    Trophy Points:
    113
    Gender:
    Male
    But then he said this:
    upload_2018-10-2_19-47-16.png
     
  18. Mr_Truth

    Mr_Truth Well-Known Member

    Joined:
    Jan 23, 2012
    Messages:
    33,372
    Likes Received:
    36,882
    Trophy Points:
    113
    Gender:
    Male
    Why don't forum Republicans express anger and disgust over the debt fiasco their hero tRUMP is causing?
     
    Aleksander Ulyanov likes this.
  19. fmw

    fmw Well-Known Member

    Joined:
    Aug 21, 2009
    Messages:
    38,776
    Likes Received:
    14,913
    Trophy Points:
    113
    Then the voters are incompetent. I don't think the congress people are themselves incompetent people. Most are intelligent and accomplished. The problem is that we give them the wrong incentives. A single term limit would cure most of those incentives.
     
  20. Liberty Monkey

    Liberty Monkey Well-Known Member

    Joined:
    Apr 11, 2018
    Messages:
    10,856
    Likes Received:
    16,450
    Trophy Points:
    113
    Gender:
    Female
    Seems it's time to scrap the Obama policies that created this deficit then. Good call OP for pointing out that NOT turning over democrat policies that are harming the USA today is Trump's greatest failure.

    Of course there's many people that still believe but they're mentally ill.

    Bernie Sanders 2020.png
     
    Last edited: Oct 3, 2018
    Empress likes this.
  21. Empress

    Empress Well-Known Member

    Joined:
    Apr 22, 2014
    Messages:
    3,142
    Likes Received:
    913
    Trophy Points:
    113
    Gender:
    Female
    You were dead quiet when Obama bumped it up some 9 billion, so pipe down with your false outrage.
     
    Tim15856 likes this.
  22. Liberty Monkey

    Liberty Monkey Well-Known Member

    Joined:
    Apr 11, 2018
    Messages:
    10,856
    Likes Received:
    16,450
    Trophy Points:
    113
    Gender:
    Female
    Trillion ;)
     
  23. ronv

    ronv Well-Known Member

    Joined:
    Feb 5, 2018
    Messages:
    20,312
    Likes Received:
    8,774
    Trophy Points:
    113
    Gender:
    Male
    Thanks, It takes a mental giant like you to show how Obama doubled the deficit 2 years after leaving office.
     
  24. Liberty Monkey

    Liberty Monkey Well-Known Member

    Joined:
    Apr 11, 2018
    Messages:
    10,856
    Likes Received:
    16,450
    Trophy Points:
    113
    Gender:
    Female
    [​IMG]
    Maybe you need to use a dictionary to look up what deficit means before you sprout such utter BS in future.
     
    Tim15856 likes this.
  25. APACHERAT

    APACHERAT Well-Known Member Past Donor

    Joined:
    Jun 23, 2013
    Messages:
    38,026
    Likes Received:
    16,042
    Trophy Points:
    113
    Gender:
    Male
    Congress Has a purse.

    The President only has an army.

    Obama's sequestration is still law.
     

Share This Page