Under trump, national debt tops $21 trillion for first time ever

Discussion in 'Economics & Trade' started by bhoyal, Aug 15, 2018.

  1. bhoyal

    bhoyal Active Member

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    He pledged to eliminate the national debt "over a period of eight years." But for the first time in history, the national debt surpassed $21 trillion this week, according to the U.S. Treasury.

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  2. a777pilot

    a777pilot Well-Known Member

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    Ya men, the national deficit?
     
  3. a777pilot

    a777pilot Well-Known Member

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    Post1 - mod 1

    " Ya mean the national deficit?"
     
  4. darroll

    darroll Active Member

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    Trump had to sign that in order to give our food stamps soldiers a pay raise. More lib games with peoples lives
     
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  5. Spooky

    Spooky Banned Donor

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    Has it been eight years yet?

    Oh my god, if Trump doesn't do something in one day he must be a liar.

    You guys are silly.
     
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  6. kazenatsu

    kazenatsu Well-Known Member Donor

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    This is probably the biggest criticism of Trump's policies that actually has substance behind it.
    However, it's unlikely there's going to be much push against this because the opposing political party have not actually been good stewards of advocating for a balanced budget, and half the Republicans don't truly care about this issue, at least judging by how it has seemed in the near past.
    Rather it will just be another talking point to hypocritically criticize him.

    Setting aside all that, I do believe this is a big issue to worry about.
     
    Last edited: Aug 16, 2018
  7. fmw

    fmw Well-Known Member

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    At least government spending is bipartisan. That is the only positive thing I can say about it.
     
  8. bhoyal

    bhoyal Active Member

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    One party now temporarily controls all three branches of govt. They get the blame if something goes wrong. Just how it is.
     
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  9. Turin

    Turin Well-Known Member

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    Republicans only care about spending when they arent in power.


    This is the GOP way. Run up a huge bill, then blame it on the democrats, and then demand spending cuts and austerity measures.
     
  10. Canell

    Canell Well-Known Member

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    Be careful what you wish for. I mean, the elimination of US debt.
     
  11. fmw

    fmw Well-Known Member

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    No, the Senate is not controlled by either party. You know that. Control requires a party with 60 members. I view that as positive. Gridlock keeps the government from doing things. What it should be doing is figuring out how to do less.
     
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  12. bhoyal

    bhoyal Active Member

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    Actually, Pence has been called in to cast tie breaking votes at a record pace... so the "60" argument is moot and invalid.
     
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  13. fmw

    fmw Well-Known Member

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    If it were invalid then the Republicans would have passed all their pet bills.
     
  14. dairyair

    dairyair Well-Known Member

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    And run to the rabbit holes they dig when the recession hits that they will always cause.
     
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  15. Mr_Truth

    Mr_Truth Well-Known Member

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    Then, they will find a myriad of ways to say,

    BLAME CLINTON!
    BLAME OBAMA!
    BLAME LIBERALS!
    BLAME DEMOCRATS!
     
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  16. fmw

    fmw Well-Known Member

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    Perhaps you should change your internet handle to Mr. Opinion.
     
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  17. Mr_Truth

    Mr_Truth Well-Known Member

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    you mean Mr_Fact ;)
     
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  18. XploreR

    XploreR Well-Known Member

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    During the campaign Trump attacked Obama for a debt of 18 trillion and insisted under his leadership, it would never go higher. But, that's just one more lie lost among the thousands Trump has inflicted on us all. Some of us notice the lies; others of us excuse them, and insist, they don't really matter. Personally, I think honesty matters.
     
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  19. XploreR

    XploreR Well-Known Member

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    Conservatives have become very good at finding scapegoats, laying blame and calling those who disagree with them demeaning names. They have proven themselves incapable of governance.
     
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  20. darroll

    darroll Active Member

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    What was that pallet board of money Obama sent to Iran?

    To help with the nuke research program.
     
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  21. XploreR

    XploreR Well-Known Member

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    The money Obama sent to Iran was money that originally belonged to Iran but got frozen during the Carter administration when Iran kidnapped our embassy staff in the late 1970s. We kept that money for several decades, but it was never ours. Obama used that money as leverage to convince the Iranians to sign the nuclear agreement that both they and we complied with until Trump came into office and unilaterally withdrew from it. Obama didn't give away American tax-payer money to Iran. He simply returned to them what was already theirs.
     
  22. Spooky

    Spooky Banned Donor

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    Obama's lies never bothered you.

    Why do Trumps?
     
  23. XploreR

    XploreR Well-Known Member

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    Which lies of Obama's are you referring to? Personally, I don't recall any, but I'm not ruling out there were some. Also, if Obama's lies bother you, why don't Trump's?
     
  24. Spooky

    Spooky Banned Donor

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    Obama's lies never bothered me and neither do Trumps.

    How about "if you like your plan you can keep your plan"?

    How about "everyone will pay less for healthcare"?

    How about when he promised he would not renew a deal with Japan (I forget which one) unless they stopped their whaling business. He signed it anyways.

    How about saying that he would post every bill online for 5 days before he signed it? He signed his very first bill in two days after it was submitted. It was never posted online.

    He said there are more black men in prison then attending college, that was a lie. Its not even close.

    He said he signed the biggest middle class tax cut in history, he didn't, Bush's was more than double his. LIE

    He said that 90% of the budget deficit was because of Bush, that was another lie, his programs contributed at least 45% of it.

    He claimed the republicans filibustered 500 pieces of legislation. That wasn't true, there wasn't even that many bills to hit the floor when he made the statement, in fact, they only filibustered 50 bills. Another lie.

    The list just goes on and on and on.
     
  25. ronv

    ronv Well-Known Member

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    Look, look.. A shiny squirrel. :)
     

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