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Is the National Debt a "big deal"?

Discussion in 'BBS Hangout: Debate & Discussion' started by TheresTheDagger, Jan 20, 2017.

  1. GladiatoRowdy

    GladiatoRowdy Contributing Member

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    No, you're a Premium Putz, nothing more, nothing less.

    I have the ability to debate honestly and use facts and available evidence to do so.

    You don't have as much ability to be honest as the average pathological liar.

    Showing your lunacy up always makes for a GOOD DAY.
     
  2. adoo

    adoo Member

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    you forgot to mention the Treasury Dept's involvement

    there were two attempts---w the Treasury Dept leading the way, working w regulators and legislators from both parties---to bail out
    the financial industry.

    the first attempt, under the GWB admin, w Treasury Secretary Hank Paulsen leading the way, failed.

    the 2nd attempt, under the O admin, w Treasury Secretary Tim Geithner leading the way, succeeded​
     
  3. B-Bob

    B-Bob "94-year-old self-described dreamer"

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    When you quote w moniker redacted, ignore function doesn't work. Little baby Jesus cries for this sin.
     
    TheFreak likes this.
  4. jo mama

    jo mama Contributing Member

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    and your hero george w bush doubled the national debt. and reagan before him tripled it. dont pretend like you care about this issue texxx.

    [​IMG]
     
  5. SF3isBack!!

    SF3isBack!! Member

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    big budget for active military little budget for returning veterans.
     
  6. Deckard

    Deckard Blade Runner
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    I hope you are enjoying your dishonesty, Trader_J. I would hate to think that you post lies out of pure stupidity.
     
  7. El_Conquistador

    El_Conquistador King of the D&D, The Legend, #1 Ranking
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    [Premium Post]
    I giggle to myself every time Sizzle Chest pretends that he doesn't read my premium posts and educational posts. Not only is he reading them, but he's doing so while eating chicken tendies after trading in his good boy points.


    GOOD DAY
     
  8. BruceAndre

    BruceAndre Member

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    I have heard that annual tax revenues to the federal govt don't even cover the annual interest payments on the debt, let alone the debt itself.
     
  9. NewRoxFan

    NewRoxFan Contributing Member

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    Just amazes me how often trump and his admin tell blatant lies like this...

     
    FranchiseBlade likes this.
  10. Amiga

    Amiga 10 years ago...
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    NewRoxFan likes this.
  11. NewRoxFan

    NewRoxFan Contributing Member

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    Simply amazes me that trump and his admin feels so comfortable saying outright lies... with so little pushback.
     
    JumpMan likes this.
  12. Deckard

    Deckard Blade Runner
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    Every senior trump appointed member of this administration either lies outright or has prevaricated when asked a tough question, and trump lies several times a day, yet there is little to no pushback from the Republican Congress. A minority of Americans lap up every lie and ask for more. Some of them are here.

    Answer? Beat the hell out of the GOP this November, and that won't happen if people stay at home. trump is a danger to the Republic. A serious danger. The rest of the world is wondering what has happened to America. Let's show them that this country can correct their mistake. Without a serious effort to defeat the Russian assault on our democracy, and trump is doing nothing, every vote is crucial.

    Get involved!
     
  13. fchowd0311

    fchowd0311 Contributing Member

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    I'm rubbing my eyes. I just woke up. Is that Fox News Twitter feed fact checking a Trump admin claim?
     
  14. Bobbythegreat

    Bobbythegreat Member
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    Well I guess the good news is that the deficit projections only get as bad as they were under Obama when he had control over congress.
     
  15. Invisible Fan

    Invisible Fan Contributing Member

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    Better than Crooked Hillary!
     
  16. JumpMan

    JumpMan Contributing Member
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    It's not a lie if it's believed. They know that Trump has much of America wrapped around his little fingers. So they'll meet with dictators, defend Russia, separate families, impose tariffs, etc. because if their supporters didn't believe those things were good ideas before, they will now.
     
  17. adoo

    adoo Member

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    Last Fri, 29 Jun 2018, WH Economic Advisor, Larry Kudlow, in an interview on Fox Business Channel, said that "not only the Budget Deficit has come down, it has come down rapidly"

    on the same AM, https://www.marketwatch.com/story/this-is-how-larry-kudlow-defines-a-falling-deficit-2018-06-29 called Kudlow out for lying, w this pictorial depiction.

    [​IMG]

    Fox's rival CNBC reported on marketwatch's comprehensive rebuttal of Kudlow's lie, Fox didn't.

    on Monday AM, Kudlow called his former colleagues at CNBC and kind of walk back on his claim, saying "that i meant the future deficit will be falling, due to an investment boom". but, this new facts-free claim directly contradicts the data released by the CBO (Congressional Budget Office) last week

    According to the CBD, currently the budget deficit is at a level ~ 78% of GDP, by 2048, it will be ~ 148% http://goldrushcam.com/sierrasuntim...story-by-far-if-current-laws-remain-unchanged

    [​IMG]
     
    #117 adoo, Jul 2, 2018
    Last edited: Jul 2, 2018
    CometsWin likes this.
  18. dmoneybangbang

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    Exploding the debt when the economy is improving is deft....

    Obama had that pesky financial crisis... what’s Trump’s excuse?
     
    FranchiseBlade likes this.
  19. adoo

    adoo Member

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    incompetence !
     
  20. NewRoxFan

    NewRoxFan Contributing Member

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