The national debt has passed a new milestone

[Trill Clinton]

https://twitter.com/kylegriffin1/status/1095439913934311424?s=19

[boutons_deux]

And where is the Peterson Institute now?

Simpson-Bowles?

Where are the Repug outrages about out-of-control spending?

about the requirement of a balanced budget be Constitutionally required?

about the need to run USA like household?

why aren't the Repugs "thinking about the grandchildren?"

The Repugs will blame $22T on the Dems, and motherfuckingly ignorant Repug base will believe them.

[Spurs Homer]

"but-but Obama is going to bankrupt this country!"

[benefactor]

:lol business man

[Pavlov]

245985117271642112

[boutons_deux]

:lol business man

Trump: 'I'm the king of debt'

https://www.politico.com/story/2016/06/trump-king-of-debt-224642

but now PVL illegit so-called Pres Trash is King of Other People's Debt

[SpursforSix]

https://twitter.com/kylegriffin1/status/1095439913934311424?s=19


What's the big deal? Your "breath of fresh air" is fine with deficit spending.

[Winehole23]

It only matters when it can be used as a club to cow Democrats in power.

When Republicans are in power, it axiomatically doesn't matter.

[baseline bum]

It only matters when it can be used as a club to cow Democrats in power.

When Republicans are in power, it axiomatically doesn't matter.

Giveaways to rich are always good at any cost in red state america. LMAO at Grover Norquist and his pledge to never raises taxes supporting the Trump tax plan that raised taxes on many people in blue states.

[CosmicCowboy]

It only matters when it can be used as a club to cow Democrats in power.

When Republicans are in power, it axiomatically doesn't matter.

Sure looks like Democrats are using that club in the press and in this thread. Both parties suck and know we will never have a balanced budget. It's the big lie that debt will never matter.

[Will Hunting]

We had a balanced budget less than 20 years ago.

[baseline bum]

We had a balanced budget less than 20 years ago.

:cry but blowjobs :cry
:cry we're going to restore dignity to the white house :cry

[Winehole23]

-- zing! --

[Winehole23]

Sure looks like Democrats are using that club in the press and in this thread. :cry you can dish it out but you can't take it.

where was all this both sides talk when a black man was the president?

[midnightpulp]

We had a balanced budget less than 20 years ago.

You'll know better than me being a economics whiz, but I've read many articles from economists that people overrate the importance/potential negative ramifications of running a deficit. People mistakenly equate the US debt situation to that of credit card debt, when it doesn't work like that.

Here's a couple:

https://www.forbes.com/sites/michaelfoster/2017/11/08/federal-debt-is-reaching-20-trillion-and-i-dont-care/#7223739732ba
https://www.nytimes.com/2015/08/21/opinion/paul-krugman-debt-is-good-for-the-economy.html

[CosmicCowboy]

:cry you can dish it out but you can't take it.

where was all this both sides talk when a black man was the president?

Fuck you. It's stupid no matter who is President.

[CosmicCowboy]

We had a balanced budget less than 20 years ago.

:lol

And Democrats fucking hated Newt Gingrich for it. That and Bush's "read my lips" tax increase.

Do they not teach history in schools anymore?

[boutons_deux]

Sure looks like Democrats are using that club in the press

Of course, it was the Repugs who wrote and passed oligarchy's the tax, Trash who signed it, resulting in the huge loss in govt revenue and booming deficit.

your false equivalence is as fucking stupid as your need for a balanced budget

[Winehole23]

Fuck you. It's stupid no matter who is President.yeah, you changed your tune with a white Republican in charge.

[hater]

:lmao Trump promised to end US debt in 8 years :lmao

[CosmicCowboy]

yeah, you changed your tune with a white Republican in charge.

Fuck you. Find a quote where I blamed the debt on Obama.

[Winehole23]

:lol

Hyperinflation just around the corner!

[CosmicCowboy]

:lmao Trump promised to end US debt in 8 years :lmao

You believed that you are just plain dumb. BTW, when did presidents (black or white) do the budgets?

[CosmicCowboy]

:lol

Hyperinflation just around the corner!

Inflation is inevitable. Fixed it for you.

[Winehole23]

Hyperinflation isn't. You fixed nothing.

[CosmicCowboy]

Within 10 years debt service will be greater than the military budget even without the Green Dream. You really think interest rates wont rise?

[CosmicCowboy]

Fracking a d cheap shit from Asia has kept the calculated inflation low for two decades. How long do you think that will last?

[CosmicCowboy]

20 years ago $150 would have taken two grocery carts at HEB. Now it barely covers the bottom of one.

[Winehole23]

:lol From historic, zero bound levels where they've been for ten years?

If the next bust doesn't come quickly, that's the easiest call ever.

If the next bust does come quickly we may join much of the Eurozone in negative interest rates for treasury bonds.

(My hunch is the next big correction is 1-3 years off.)

[CosmicCowboy]

Congratulations. National Debt passed 30 trillion today. Inflation is suddenly a serious concern and predicted 100 basic point interest rate increases are coming this year. Whineholes prognostication didn't age well.

[Winehole23]

Congratulations. National Debt passed 30 trillion today. Inflation is suddenly a serious concern and predicted 100 basic point interest rate increases are coming this year. Whineholes prognostication didn't age well.
What prognostication?

You've been predicting inflation every year that dems have been in charge in charge since 2008. :lmao

[CosmicCowboy]

What prognostication?

Lol, no inflation and negative interest rates? Oops.

[Winehole23]

Lol, no inflation and negative interest rates? Oops.I predicted neither

[DarrinS]

:cry you can dish it out but you can't take it.

where was all this both sides talk when a black man was the president?



yeah, you changed your tune with a white Republican in charge.


Lol

[CosmicCowboy]

I predicted neither

:LMAO

Just raise that stiff neck of yours up to your post #29 for starters.

[Winehole23]

:LMAO

Just raise that stiff neck of yours up to your post #29.those were clear guesses, you've been calling inflation as a dead certainty for 13 years.

[Winehole23]

LolHe did

[Winehole23]

Real interest rates are still negative, btw

[CosmicCowboy]

What prognostication?

You've been predicting inflation every year that dems have been in charge in charge since 2008. :lmao

Guesses :lol

[CosmicCowboy]

those were clear guesses, you've been calling inflation as a dead certainty for 13 years.

[CosmicCowboy]

Real interest rates are still negative, btw

Yep. Thats why I'm rushing to buy this house in Colorado. Pay 2.75% on an asset increasing 10+ % a year and get to enjoy it?. Its a no brainer.

[Winehole23]

Guesses :lolClear literal difference, tbh. One of my fleeting guesses was wrong. If you want to keep spiking the football over that, go ahead.