How the hell are we going to pay back 20 trillion?

[Micawber]

Trump doesn't seem to be fixing this. He owns the national debt.
Didn't he say he was going to grow out of it? "Eliminate it" Trump is slated to add 9 trillion to it this term.

Yes, he's going to nearly increase it by half.

https://www.thebalance.com/trump-pla...l-debt-4114401

[cawacko]

You’re a Democrat, aren’t you on the MMT train? Deficits and debt don’t matter...

[Frank Apisa]

We don't even have to wait for history's confirmation...

...Trump's presidency is a rousing failure right now.

[Micawber]

You’re a Democrat, aren’t you on the MMT train? Deficits and debt don’t matter...

No that's republicans. Remember the Reagan years? "We owe it to ourselves"- Republican mantra

[cawacko]

No that's republicans. Remember the Reagan years? "We owe it to ourselves"- Republican mantra

You need to read up on MMT my man and those who support it

[Centerleftfl]

Trump doesn't seem to be fixing this. He owns the national debt.
Didn't he say he was going to grow out of it? "Eliminate it" Trump is slated to add 9 trillion to it this term.

Yes, he's going to nearly increase it by half.

https://www.thebalance.com/trump-pla...l-debt-4114401

What? HOW DARE YOU ASK THAT!! Deficits ONLY MATTER when DEMOCRATS are in office! No matter that REPS created them. Got it?

Ask CARTER who REPUBS screamed about 'his' deficits and REAGAN quadrupled them. Ask Clinton who CLEANED UP BUSH I's DEFICITS and even ended with a SURPLUS. Ask OBAMA who stopped the HEMORRHAGING of Bush deficits from his TAX CUts, HIS TRILLION $ WAR OF CHOICE, his tanked the stock market, and our house values with HIS CATASTROPHIC RECESSION.

Now this fucking fool is EXPLODING the deficits again with MORE tax cuts. FUCK US!

[Bourbon]

Make Mexico Pay for it ...

[Micawber]

You need to read up on MMT my man and those who support it

Never heard of it. Why don't you want to talk about Trump's promise to eliminate the 20 trillion debt and build a gold wall
with diamond studs that Mexico will pay for.

[Sailor]

Trump doesn't seem to be fixing this. He owns the national debt.
Didn't he say he was going to grow out of it? "Eliminate it" Trump is slated to add 9 trillion to it this term.

Yes, he's going to nearly increase it by half.

https://www.thebalance.com/trump-pla...l-debt-4114401

There are 153 million people working in this country. So, that would be $130,718.95 every working American would owe. Spread it out over 30 years, that is $4,357.30 annually. Even broke fucks in this country spend more than that on scratch tickets.

[Micawber]

There are 153 million people working in this country. So, that would be $130,718.95 every working American would owe. Spread it out over 30 years, that is $4,357.30 annually. Even broke fucks in this country spend more than that on scratch tickets.

I like where you are going but the problem with your math is that it's going to be amortized and that 20 trillion
is bearing interest. Did you include interest or did you pay it down dollar for dollar and did you also assume that we won't
be adding to it.

But that time theory does make it seem more manageable. I seriously doubt we have that discipline for that length of time.
Chances are we have another world war or damn asteroid hits us.

Hey, if we take all the money from all the richest and spread it around we can all have $500 K per year!

[Sailor]

I like where you are going but the problem with your math is that it's going to be amortized and that 20 trillion
is bearing interest. Did you include interest or did you pay it down dollar for dollar and also assume that we won't
be adding to it.

That would be the most sensible way to do it.

[Celticguy]

Ask BO. He accounted for 10t of it.
Mj

[Micawber]

That would be the most sensible way to do it.

I say we take the entire gross national product for one year and pay it off. We all go about our
business doing whatever we do, but instead of paying anyone or getting paid, we pay the government.
One year of ramen noodles and we are out from under.

[Sailor]

I say we take the entire gross national product for one year and pay it off. We all go about our
business doing whatever we do, but instead of paying anyone or getting paid, we pay the government.
One year of ramen noodles and we are out from under.

Americans have been known to make big sacrifices for this country. It could be done. Government would certainly need to have checks and balances in place for it not to happen again though. I am in.

[Rune]

You’re a Democrat, aren’t you on the MMT train? Deficits and debt don’t matter...

Wrong, that is a direct quote from Cheney and you are now officially a partisan prick. I still like you though.