US national debt has increased $2 trillion since Donald Trump took office, new data shows
January 5, 2019 at 6:45 PM - Views: 52 #8909N2DocParticipant
- Total Posts: 8,248
The US national debt has increased by more than $2 trillion dollars since Donald Trump entered the White House, according to new data.
Figures released by the Treasury Department showed the debt stood at $21.974 trillion at the end of 2018, more than $2 trillion higher than when Mr Trump took office.
The debt stood represented 78 per cent of the US’s gross domestic product (GDP) in the fiscal year 2018, the highest percentage since 1950, analysis by CNN concluded.
Party of Fiscal Responsibility!
January 5, 2019 at 8:52 PM #8940Cold Mountain TrailParticipant
- Total Posts: 9,778
No worries about the Debt unless the Ds take over, then everything must be cut — except Homeland (sic) Security and Defense.
Everything for the peons must be cut.
January 6, 2019 at 7:30 PM #9248retired liberalParticipant
- Total Posts: 3,095
Don’t forget that. It is expensive living in Washington D.C. Just ask their hired help who are not getting paid during Trumps temper tantrum.
We are an arrogant species, believing our fantasy based "facts" are better than the other person's fake facts.
If you are wrong, it will be because you are not cynical enough.
Both major political parties are special interest groups enabling each other for power and money, at the expense of the people they no longer properly serve…
Always wear a proper mask when out and about. The life you save could be both yours and mine.
January 6, 2019 at 7:18 PM #9246c6330507Blocked
- Total Posts: 59
All of a sudden now it’s a problem?
The US isn’t just fiscally bankrupt, it is spiritually and morally bk as well.
January 7, 2019 at 2:35 PM #9483peacecorpsParticipant
- Total Posts: 2,125
is not that important to them. It will matter to conservatives, if and when progressives take power and seek to enact single payer, free college, a green new deal, etc. Then the deficit will be of great concern to conservatives.
Fortunately, progressives like Bernie did oppose tax cuts for the rich and increased military spending, not out of a ‘deficit concern’ but because they are conservative, pro-1% policies.
The Big Lie: "Make the lie big, Make it simple, Keep saying it, And eventually they will believe it." AH.
"Arguments must therefore be crude, clear and forcible, and appeal to emotions and instincts, not the intellect." JG
National issues (slavery/racism, income inequality, pandemics and pathetic health care, weak unions) are not solved with more states' rights. Global problems (climate change, migration, trade, war, pandemics) are not solved with more nationalism.
January 6, 2019 at 7:52 PM #9254Cold Mountain TrailParticipant
- Total Posts: 9,778
recovery, which is anti-Keynes & supposedly crowds out private spending.
Both did tax cuts for the superrich & both escalated military spending however.
and Obama’s ‘stimulus’ mostly went to banksters; much less went to the people.
January 6, 2019 at 8:12 PM #9260
January 7, 2019 at 2:11 PM #9476ozonemanParticipant
- Total Posts: 316
It seems strange, at least to me, that Democrats – with one side of their mouth – say Trump is an authoritarian, lawless traitor, but then, with the other side, keep voting to increase his war powers, military budget and detention & spying authorities. https://t.co/nRoOM7Kifw pic.twitter.com/X11kYf9Qsf
— Glenn Greenwald (@ggreenwald) July 27, 2018
- You must be logged in to reply to this topic.