Democrats are sharing their hand, pay attention

[Walt]

debt is the only thing that matters Bernie

That is not even close to being true. Plenty of very profitable concerns have high debt. Debt is only a problem if servicing it is a problem.

Or put another way, Australia was forced to issue debt even though they had no need for the money it raised. That was because there needs to be some government debt in a modern economy to make things work.

Obama was one of the worst and Biden is by far the worst eclipsing Trump and Obama in a very short time.

I would bet that even if Biden serves two full terms, he will not surpass trump's deficit.

trump ran up huge amounts of debt even in the supposed good times. trump was able to spend out of control, and get basically the same results as Obama did while reducing the deficit by two thirds. his out of control spending and bizarre stimulus caused a recession that hit a month before the pandemic recession hit. It also caused a weird shortage cash-on-hand for almost all the corporations in America... No one still understands how he could mess that up.

[Earl]

That is not even close to being true. Plenty of very profitable concerns have high debt. Debt is only a problem if servicing it is a problem.

Or put another way, Australia was forced to issue debt even though they had no need for the money it raised. That was because there needs to be some government debt in a modern economy to make things work.



I would bet that even if Biden serves two full terms, he will not surpass trump's deficit.

trump ran up huge amounts of debt even in the supposed good times. trump was able to spend out of control, and get basically the same results as Obama did while reducing the deficit by two thirds. his out of control spending and bizarre stimulus caused a recession that hit a month before the pandemic recession hit. It also caused a weird shortage cash-on-hand for almost all the corporations in America... No one still understands how he could mess that up.

Nonsense, horse mierda, Walter.

Poor Walter.

[evince]

And Republicans choose to just borrow and increase the debt with no decrease in spending. Both parties are fiscally irresponsible.

Bullshit




Debt is a tool


A family seeks to become debt free at some point to pass down the wealth



In a nation we don’t plan to die


We plan to make infrastructure that lasts into the next generation


There is always a next generation coming



SO THERE IS ALWAYS DEBT



See how that works?



If there is NO DEBT we are not planning for the future properly



Get sane

Stop repeating the rights idiocy

[evince]

That is not even close to being true. Plenty of very profitable concerns have high debt. Debt is only a problem if servicing it is a problem.

Or put another way, Australia was forced to issue debt even though they had no need for the money it raised. That was because there needs to be some government debt in a modern economy to make things work.



I would bet that even if Biden serves two full terms, he will not surpass trump's deficit.

trump ran up huge amounts of debt even in the supposed good times. trump was able to spend out of control, and get basically the same results as Obama did while reducing the deficit by two thirds. his out of control spending and bizarre stimulus caused a recession that hit a month before the pandemic recession hit. It also caused a weird shortage cash-on-hand for almost all the corporations in America... No one still understands how he could mess that up.

Walt gets it

[evince]

Taxing properly to pay off the debt of past is the smart thing



Then move on to the borrowing for the next generations infrastructure and social needs



No sane prosperous nation has no debt

[evince]

Nonsense, horse mierda, Walter.

Poor Walter.

The type of answer from a clueless clown

[evince]

Biden has been bringing down the deficit. Why is it whenever facts disagree with the alt right narrative, suddenly all the facts become lies?

More importantly, Biden has not changed the accounting standards and methods. If he should go to jail for them, so should trump. There are so many audits that there would be no way for Biden to lie about it all. In fact, Biden has very little involvement in the accounting.

Lies are all the Republican Party has left in their tool box

[Walt]

Lies are all the Republican Party has left in their tool box

When a ideology needs lies, there is a problem with the ideology.

[Flash]

Bullshit
Debt is a tool
A family seeks to become debt free at some point to pass down the wealth
In a nation we don’t plan to die
We plan to make infrastructure that lasts into the next generation
There is always a next generation coming
SO THERE IS ALWAYS DEBT
See how that works?
If there is NO DEBT we are not planning for the future properly
Get sane
Stop repeating the rights idiocy

Responsible debt is a tool. If that family passes along its wealth in the form of a large debt, the heirs will be spending most of their money repaying that debt with interest and have less to pay current expenses or plan for the future.

If the parents prepared for the future by spending too much, they have done so at the expense of their heirs.

These principles apply equally to left and right.

[Stringfellow Hawk]

That is not even close to being true. Plenty of very profitable concerns have high debt. Debt is only a problem if servicing it is a problem.

Or put another way, Australia was forced to issue debt even though they had no need for the money it raised. That was because there needs to be some government debt in a modern economy to make things work.



I would bet that even if Biden serves two full terms, he will not surpass trump's deficit.

trump ran up huge amounts of debt even in the supposed good times. trump was able to spend out of control, and get basically the same results as Obama did while reducing the deficit by two thirds. his out of control spending and bizarre stimulus caused a recession that hit a month before the pandemic recession hit. It also caused a weird shortage cash-on-hand for almost all the corporations in America... No one still understands how he could mess that up.

Biden has already tripled Trump's debt in two years time, he is destroying the country and every logical person can see it happening

[Walt]

Biden has already tripled Trump's debt in two years time, he is destroying the country and every logical person can see it happening

We have to ask why you need to lie to support your position. Seriously, trump left the national debt at $28 trillion, and you want us to believe that Biden has added $56 trillion in two years? It would be impossible to borrow that much.

[Stringfellow Hawk]

We have to ask why you need to lie to support your position. Seriously, trump left the national debt at $28 trillion, and you want us to believe that Biden has added $56 trillion in two years? It would be impossible to borrow that much.

did not say that, damn you are fucking ignorant

Joe Biden
On Oct. 1, 2021, at the end of fiscal year 2021, the national debt was $28.4 trillion. Between the end of fiscal year 2020 and the end of fiscal year 2021, the national debt grew $1.5 trillion, a 5.6% increase year over year. For fiscal year 2022, President Joe Biden's budget included a deficit of $1.84 trillion, and by August 2022, the national debt had grown to $30.8 trillion.19

When Biden took office, the economy and household finances were still reeling from the pandemic, and Biden continued his predecessor’s policy of spending heavily to keep households afloat. In March 2021, Biden signed the American Rescue Plan, which showered taxpayers with pandemic relief cash in the form of stimulus checks and extra unemployment payments, and temporarily expanded child tax credits, plus other help. It all came with a cost to future budgets: The bill would add $1.9 trillion to the national debt by 2031, the Congressional Budget Office estimated.10

The bipartisan infrastructure bill, signed by Biden in November 2021, which provided new funding for highways, railways, broadband Internet expansion and other projects, added to the debt too, with estimates on its 10-year impact ranging from $374 billion to $400 billion, depending on how it’s calculated.1112

Some of Biden’s actions cut the other way. In August 2022, Biden signed the Inflation Reduction Act, an anti-climate change bill that spent money on new green energy programs and tax credits as well as to make drugs cheaper for patients, and paid for it by raising taxes on corporations and the ultra-wealthy. The bill should reduce the national debt by $102 billion by 2031, the CBO estimated.13

Biden followed up this bill with an executive action that forgave up to $10,000 of federal student loan debt per borrower, and $20,000 for those who received Pell Grants. He also proposed a new, cheaper income-driven student loan repayment program for future borrowers. However, he also announced that student loan interest and required payments, both of which had been frozen since the pandemic hit, would resume in January 2023.14

In August 2022, the government did not have an official estimate for how these measures would impact the national debt. One piece of it—forgiving $10,000 of debt per student loan borrower—would cost $329.7 billion over 10 years, according to an estimate by the Wharton School of Business.

https://www.thebalancemoney.com/us-d...ercent-3306296

[Lionfish]

[Walt]

did not say that, damn you are fucking ignorant

Oops, you did:

Biden has already tripled Trump's debt in two years time, he is destroying the country and every logical person can see it happening

So you have to find evidence that the national debt has tripled in just two years.... Do you realize how crazy a claim that is?

[Stringfellow Hawk]

Oops, you did:


So you have to find evidence that the national debt has tripled in just two years.... Do you realize how crazy a claim that is?

what I said was not what you implied, you took total balance time 3 which was asinine as usually, pretty much any thing to do with an ass you get way too excited