We will never be able to pay it off, nor will our children or grandchildren
Thanks obama
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Hold on a second...we had a surplus that you all replaced with record deficits thanks to your tax cut. That surplus could have paid the debt off by 2010 had you not changed the tax code in 2001.
The same tax cut responsible for the housing market, as Bush campaigned in 2004.
When I die, turn me into a brick and use me to cave in the skull of a fascist
Sailor (02-11-2019)
cancel2 2022 (02-11-2019)
Obama added $8.335 trillion to the public debt – more than any modern president
In 2001, the public debt was 54% of GDP. By 2009, it had increased to 77%
https://www.debtconsolidation.com/us...n-barack-obama
Well, there was a guy you voted for who was President from 2001-2009, what was his name again????
Why did that guy take a surplus left to him and turn it into four record deficits that doubled the debt in 8 years, when we could have paid it off in 9 if we had done literally nothing to the tax code?
When I die, turn me into a brick and use me to cave in the skull of a fascist
A socialist "bitching" about owning a capitalist debt? What happened to Keynesian Economics that have been invoked by socialists since King FDR? Clearly that type of economic plan does not work or THE PEOPLE would not be over 20 trillion in debt.
Reality: The ONLY way to pay off this socialist debt is to STOP SPENDING like a left wing housewife with a new credit card....regardless of the R or D in vote of your name. Truth: Our Government collects some 7 Trillion + each and every year (a number an average citizen cannot comprehend)…...yet our politicians spend 10 trillion a year on social programs, useless wars, all in order to purchase votes for the politicians.... etc.
This nation does not have a tax problem.....but a spending problem due to unorganized unqualified politicians from both sides of the isle. The average politician has never worked a day in the private sector.....the majority of politicians are wealthy and not in touch with the common man/woman. Keep voting them into office....and keep bitching, seems like a good plan.
Last edited by Ralph; 02-11-2019 at 02:53 PM.
When I die, turn me into a brick and use me to cave in the skull of a fascist
We have a revenue problem. You keep cutting revenue and then you complain about the deficits those revenue cuts cause.
You say cut spending...OK...what spending, then? The current deficit is about $900B (up from the $560B Obama left behind). So from where are you going to cut more than $900B in spending?
When I die, turn me into a brick and use me to cave in the skull of a fascist
When I die, turn me into a brick and use me to cave in the skull of a fascist
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