Page 19 of 19 FirstFirst ... 9171819
Results 181 to 185 of 185
Thanks Tree102Thanks

Thread: U.S. Borrowing Needs Are EXPLODING

  1. #181
    Council Member Djinn's Avatar
    Joined
    Dec 2007
    Posts
    46,914
    Thanks
    31200

    From
    Pennsylvania, USA
    Quote Originally Posted by Libertine View Post
    Obama is still the debt king, he added $1.4 trillion in 2016, Trump added less than $0.7 trillion in 2017 and won't come close to $1.4 trillion this year.
    I would hope not; he inherited a healthy economy from his predecessor. Which is why I want to know why he felt the need to rock the boat.

  2. #182
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    36,231
    Thanks
    31914

    From
    Colorado
    Quote Originally Posted by Libertine View Post
    Obama is still the debt king, he added $1.4 trillion in 2016, Trump added less than $0.7 trillion in 2017 and won't come close to $1.4 trillion this year.
    Here is a very simple question for you, Libertine.

    Two years ago, at this time, your Mr. Trump was gallivanting around the country, telling everyone that the 'true' unemployment rate in this country was, like, 40%.

    Did you believe him? Did you think he was telling the truth when he was saying that?

    Do you think Mr. Trump reduced the unemployment rate from 40% to the present-day ~4% in just the last two years?

    Because, as you know, that is UNDOUBTEDLY exactly what a lot of his deluded followers believe.

    Can we get an honest answer from you?

  3. #183
    Senior Member
    Joined
    Apr 2015
    Posts
    10,559
    Thanks
    1738

    From
    Banned
    Quote Originally Posted by Djinn View Post
    I would hope not; he inherited a healthy economy from his predecessor. Which is why I want to know why he felt the need to rock the boat.
    Really, a healthy economy with 1.6% growth after borrowing $1.4 trillion in stimulus for the year?

  4. #184
    Senior Member
    Joined
    Apr 2015
    Posts
    10,559
    Thanks
    1738

    From
    Banned
    Quote Originally Posted by BigLeRoy View Post
    Here is a very simple question for you, Libertine.

    Two years ago, at this time, your Mr. Trump was gallivanting around the country, telling everyone that the 'true' unemployment rate in this country was, like, 40%.

    Did you believe him? Did you think he was telling the truth when he was saying that?

    Do you think Mr. Trump reduced the unemployment rate from 40% to the present-day ~4% in just the last two years?

    Because, as you know, that is UNDOUBTEDLY exactly what a lot of his deluded followers believe.

    Can we get an honest answer from you?
    The topic is the national debt, stick to your own topic.

  5. #185
    Radical Centrist BigLeRoy's Avatar
    Joined
    Jan 2016
    Posts
    36,231
    Thanks
    31914

    From
    Colorado
    Quote Originally Posted by Libertine View Post
    The topic is the national debt, stick to your own topic.
    Buk buk buk buk buk.

    Really, if the unemployment rate was truly 40% in 2016, it would be perfectly understandable that we had only 1.6% growth that year, and had a $1.4 trillion increase in the national debt that year. Unemployment that high, at levels even WORSE than anything seen during the Great Depression, would certainly do that, no?

    The topic is the general health of the American economy. But if you want to focus on the national debt, the projections are that the debt will top $28 trillion, easily, by 2028, with the debt being well over 100% of GDP by that time, at the highest level as a percentage of GDP since the end of World War II. Are you claiming that this is good and sensible policy?

    Well, I guess you are, since you are here, defending that policy.

    Just plain WEIRD!!

Page 19 of 19 FirstFirst ... 9171819

Similar Threads

  1. Return of the exploding oil trains
    By Miller47 in forum Current Events
    Replies: 10
    Last Post: 8th March 2015, 03:01 PM
  2. US borrowing tops 100% of GDP: Treasury
    By michaelr in forum Economics
    Replies: 21
    Last Post: 7th August 2011, 07:58 PM

Tags for this Thread


Facebook Twitter RSS Feed