I am guessing somewhere in the neighborhood of 25 trillion. The trillion+ deficits will continue, and we may finally get hit with the inflation that has been building over the years. There will be no coming back from this situation.
10-15 trillion (debt decreases..... yeah right!)
15-20 trillion (stays where it is now, gets a little worse)
20-25 trillion (a likely result. Continued deficit spending year after year)
25-30 trillion (massive debt piled on, possible inflation problems)
30+ trillion (debt, hyper inflation scenario)
I am guessing somewhere in the neighborhood of 25 trillion. The trillion+ deficits will continue, and we may finally get hit with the inflation that has been building over the years. There will be no coming back from this situation.
Last edited by Brewskier; Feb 07 2012 at 08:20 AM.
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For the first time in my adult life, I am ashamed of my country.
"hopefully soon the brown people that want handouts and free stuff will outnumber the "regular" Americans and we can have those (socialist) values here" - PF liberal discussing the progressive goal for America.
The two least educated racial groups in America are also the most loyal voters for the Democratic Party. Coincidence?
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Revelation 2:9
God loves everybody. No, God only love those that keep the commandments.
From "Hope & Change to Rope & Chains"... Be Silent!
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For the first time in my adult life, I am ashamed of my country.
"hopefully soon the brown people that want handouts and free stuff will outnumber the "regular" Americans and we can have those (socialist) values here" - PF liberal discussing the progressive goal for America.
The two least educated racial groups in America are also the most loyal voters for the Democratic Party. Coincidence?
You guys ... and Gals are soo hilarious and hysterical.
LOOK OUT ... The Sky is Falling![]()
"PAY ATTENTION STUPID! They're not coming for your guns, they're coming for your Social Security!"
For a Good Conservative Whine goto tPF
The deficits are on schedule to come back down in the next few years. I don't see how the debt could realistically top 20 trillion by 2016. In other words, Obama's presence in the white house means nothing for deficits; he is no more likely to run up the deficit than a Republican.
Last edited by Someone; Feb 07 2012 at 02:05 PM.
Once again, history is discarded in the face of overwhelming Obama love. Obama has increased the debt by 5 to 6 trillion in 3 years, the first President ever to have over trillion dollar deficits every year, and you actually say that Obama "means nothing for deficits"? Unbelievable.
And you are dreaming if you actually think the debt is going to go down. That's not how our Government works. That's why we need real change, not just "hope and change" bumper stickers.
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For the first time in my adult life, I am ashamed of my country.
"hopefully soon the brown people that want handouts and free stuff will outnumber the "regular" Americans and we can have those (socialist) values here" - PF liberal discussing the progressive goal for America.
The two least educated racial groups in America are also the most loyal voters for the Democratic Party. Coincidence?
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