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

[LV426]

WTF?? "This thread" is about the national debt! Not tax policy you imbecile!! I don't remember Trump saying much about it because I don't believe it can EVER be payed down to a level where anyone(except a "democratic socialist") would be comfortable with it. So why would I "promote" ideas I haven't heard of yet? Having read the article, I will say I like the idea of negotiating new trade deals(we've been taking it in the keaster for decades with those), but its not going to pay off the debt. Neither party will address deficit spending either but your democratic socialists want to give it steroids, set it on fire and pour gasoline on it. Oh yeah, almost forgot. Can you put a rush on getting my "other IDs" to me? I was just thinking that if I had them, I could post twice as many things to get your panties in a wad! Maybe more!

LOL!

You all predicted your Russia Tax Cut would lead to increased economic activity and revenues, except that revenues are down from last year, which means economic activity wasn't increased by the Russia Tax Cut because we would have seen more revenues because of your insistence that cutting taxes generates increased economic activity and revenues.

So the central pillar to your economic philosophy is a load of horseshit.

And since that's horseshit, what else do you believe and hold dear is also horseshit?

[Callinectes]

LOL!

You all predicted your Russia Tax Cut would lead to increased economic activity and revenues, except that revenues are down from last year, which means economic activity wasn't increased by the Russia Tax Cut because we would have seen more revenues because of your insistence that cutting taxes generates increased economic activity and revenues.

So the central pillar to your economic philosophy is a load of horseshit.

And since that's horseshit, what else do you believe and hold dear is also horseshit?

Please start another "Russia" tax cut thread so I can ignore it. Do you have anything to say about the national debt? And where are my other IDs?

[LV426]

Please start another "Russia" tax cut thread so I can ignore it. Do you have anything to say about the national debt? And where are my other IDs?

The national debt increased above $22T thanks to the Russia Tax Cut.

That shouldn't have happened because, as Conservatives like to claim, cutting taxes leads to increased revenues from increased economic activity.

So since revenue declined in 2018, that means your premise is wrong.

[Getin the ring]

You're not going to ever pay that off,
Obama sent us over the cliff, and for what, so we could say we elected a black President.

putting an unqualified "half" black by the way idiot in the WH may go down in history as the biggest blunder in American politics

[moon]

You're not going to ever pay that off,
Obama sent us over the cliff, and for what, so we could say we elected a black President.

putting an unqualified "half" black by the way idiot in the WH may go down in history as the biggest blunder in American politics

What sort of a moron attempts to connect national debt with skin pigmentation. Haw, haw........haw.

No kidding, fella- you belong in a glass case.

[Getin the ring]

What sort of a moron attempts to connect national debt with skin pigmentation. Haw, haw........haw.

No kidding, fella- you belong in a glass case.

ok, I'll talk slow because your brain doesn't work like most of ours

Obama put us so far in debt we will never escape.

and why did we put Obama in, not because he was qualified, not because we saw something in him worthy of leading the country
(following along) nut-bag

but because he was black, and it felt good, he was all talk, had no clue what he was doing, you were hood-winked in terms

We learn from our mistakes, and never again

[LV426]

ok, I'll talk slow because your brain doesn't work like most of ours

Obama put us so far in debt we will never escape.

and why did we put Obama in, not because he was qualified, not because we saw something in him worthy of leading the country
(following along) nut-bag

but because he was black, and it felt good, he was all talk, had no clue what he was doing, you were hood-winked in terms

We learn from our mistakes, and never again

Obama left behind a smaller deficit than the one your guy Bush handed him.

He also grew the debt less as a % than Bush the Dumber did.

Now that Trump has pushed debt about $22T, whither the teabags?

[canceled.2021.3]

The debt will never get paid back. Period.

Not one politician has any real intention on doing so. It is economically and politically unviable.

It is nothing more than a talking point for whichever of the Uniparty is not in power at any given time to rail about.

When the GOP are out of power they scream about the debt and the democrats whistle past the graveyard. When the democrats are out of power, the roles reverse. Neither party really cares about the debt. Nobody really wants to do anything about it.

So why should I care? Fuck it. Let it all come crumbling down for all I care. We could use a culling of the herd. Urban centers would kill each other and I wouldn't have to lift a finger. I could hide out in my mountain retreat for years

[Frank Apisa]

ok, I'll talk slow because your brain doesn't work like most of ours

Obama put us so far in debt we will never escape.

and why did we put Obama in, not because he was qualified, not because we saw something in him worthy of leading the country
(following along) nut-bag

but because he was black, and it felt good, he was all talk, had no clue what he was doing, you were hood-winked in terms

We learn from our mistakes, and never again

During the administration of Ronald Reagan...the federal debt increased 186%

During the administration of George W Bush...the federal debt increased 101%

During the administration of Barack Obama...the federal debt increased 74%

During the administration of George HW Bush...the federal debt increased 54%

During the administration of Jimmy Carter...the federal debt increased 43%

During the administration of Bill Clinton...the federal debt increased 32%

Hummm!

Okay, Getin...time to learn from our mistakes!

[LV426]

The debt will never get paid back. Period.

Not one politician has any real intention on doing so. It is economically and politically unviable.

It is nothing more than a talking point for whichever of the Uniparty is not in power at any given time to rail about.

When the GOP are out of power they scream about the debt and the democrats whistle past the graveyard. When the democrats are out of power, the roles reverse. Neither party really cares about the debt. Nobody really wants to do anything about it.

So why should I care? Fuck it. Let it all come crumbling down for all I care. We could use a culling of the herd. Urban centers would kill each other and I wouldn't have to lift a finger. I could hide out in my mountain retreat for years

I'm going to clue you in to a dirty secret: The federal debt doesn't ever have to be paid back.

So long as the rate of GDP growth exceeds the rate of debt growth, we're fine. Debt affects one thing really, borrowing rates for the US government. Right now, borrowing rates are low, even with the size of the debt.

Conservatives think personal finances and government finances are the same, but they're not. A person dies, but a government doesn't. So there's never an ultimate bill of goods due because government exists indefinitely. So screeching about paying off the debt is a fallacy and red herring because the debt never has to be paid off.

Also, we could have paid the debt off by 2010 if Conservatives hadn't erased budget surpluses with their Bush Tax Cuts.

[moon]

ok, I'll talk slow because your brain doesn't work like most of ours

Amen.

[tsuke]

if were being honest the answer is were never paying it back :P

[anonymoose]

if were being honest the answer is were never paying it back :P

And it will continue to increase no matter who the pres is.

[Sailor]

"A person dies, but a government doesn't. So there's never an ultimate bill of goods due because government exists indefinitely." This has got to be the dumbest fucking thing I have ever read. Anywhere. Anytime. Only an ignorant idiot would make a statement like this.

[moon]

"A person dies, but a government doesn't. So there's never an ultimate bill of goods due because government exists indefinitely." This has got to be the dumbest fucking thing I have ever read. Anywhere. Anytime. Only an ignorant idiot would make a statement like this.

Yes- but the First Amendment gives you the right.