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GOP in Charge, Jack up Debt by $9 Trillion

calamity said:
Yeah, the "we gotta raise it before we can lower it" argument. I already touched on that.
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Sorry you don't understand it. I don't like it, but I do understand it. And BTW, the article you posted was from the Sacramento Bee, a commie pinko rag if there ever was one. I actually take the Sunday edition.
 
calamity said:
It sure is a switch from the "We gotta shut down the government because....DEBT!!" bunch who even put us one step away from default a few years ago. :roll:
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I'm OK with that.

We need to try to put most of the bureaucracy out of work. All social programs should start with the mission of the people working them trying to put themselves out of a job.

The problem is... "The bureaucracy is expanding to meet the needs of the expanding bureaucracy." -Oscar Wilde-

This needs to stop!
 
Chomsky said:
Obviously, we're watching paid professional bull**** artists. But we already knew that.

But what some of their supporters may not be thrilled at, is:

1] They're driving the deficit up.

2] The ACA was saving money by adding to the federal coffers, and killing it will raise the debt.

But wow, from 19B to 29B in one fell swoop! Yowza! :doh
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I didn't see that calculation about aca being a net revenue producer for government.
 
calamity said:
No failure on my part at all. Reagan jacked up the debt by nearly 200%--that's tripling it. Now the new GOP is following that same formula. Are you happy about that? If so, why?
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Again I ask, what are the dollar amounts?

Actually, never mind, this will go nowhere. You won't answer a question.

:2wave:
 
Chomsky said:
Obviously, we're watching paid professional bull**** artists. But we already knew that.

But what some of their supporters may not be thrilled at, is:

1] They're driving the deficit up.

2] The ACA was saving money by adding to the federal coffers, and killing it will raise the debt.

But wow, from 19B to 29B in one fell swoop! Yowza! :doh
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Well the "fiscal conservative" has always been great at spending great amounts of money to ensure that only the rich can afford certain things.
 
ocean515 said:
Again I ask, what are the dollar amounts?

Actually, never mind, this will go nowhere. You won't answer a question.

:2wave:
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Right. Because percentages are more telling than hard dollars. If you owe $50 you already cannot pay back, and then borrow another $100, you tripled your debt. And, that is serious. It's much more serious than if you owe $10K you can't pay back and borrow another $5K. But, you probably have to understand math to know that.
 
calamity said:
Right. Because percentages are more telling than hard dollars. If you owe $50 you already cannot pay back, and then borrow another $100, you tripled your debt. And, that is serious. It's much more serious than if you owe $10K you can't pay back and borrow another $5K. But, you probably have to understand math to know that.
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You know that's not it calamity.

How much in dollars did the debt go up during Reagans term, versus how much during Obama's term.

You know what the answer is, and that is why you are running from it.

If you owe a dollar, and borrow another dollar, you've increased your debt by 100%. If you owe $100, and borrow another $50, you've increased your debt by 50%.

So I guess only increasing your debt by 50% is much better?

So what is it you're trying to prove calamity?

Do we need to get into the fact this $9 Trillion hasn't even been borrowed yet?
 
ocean515 said:
You know that's not it calamity.

How much in dollars did the debt go up during Reagans term, versus how much during Obama's term.

You know what the answer is, and that is why you are running from it.

If you owe a dollar, and borrow another dollar, you've increased your debt by 100%. If you owe $100, and borrow another $50, you've increased your debt by 50%.

So I guess only increasing your debt by 50% is much better?

So what is it you're trying to prove calamity?

Do we need to get into the fact this $9 Trillion hasn't even been borrowed yet?
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No. You are forgetting that whether you borrow an extra dollar or a trillion, the fact is the same if you cannot pay it back. When Reagan ran up debt by 189%, we already could not pay back the original debt. So, it is worse than Obama jacking it up by 50%.

Like I said, you have to understand math.
 
calamity said:
No. You are forgetting that whether you borrow an extra dollar or a trillion, the fact is the same if you cannot pay it back. When Reagan ran up debt by 189%, we already could not pay back the original debt. So, it is worse than Obama jacking it up by 50%.

Like I said, you have to understand math.
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:shock:

No way I will even attempt to take another step when up against such stunning logic and reasoning as you've just presented.

I'll cut my loses right here.

:screwy
 
Lord of Planar said:
Good question.

Why did Obama run the debt up so high, and sign bills that have it exceeding $29 trillion in 2026?an

The GOP plan will have it only go up to $24 trillion.
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If I was an American what I would worry about is the $6.2 Trillion that the US owes to other countries. $1.2 Trillion each to China and Japan. And big sums to almost any country one can think of. Including such oddities as $80 billion owed to Russia and something like $20 billion owed to Sweden. (My share works out about $2,000. Can I have it now please?).
 
ocean515 said:
:shock:

No way I will even attempt to take another step when up against such stunning logic and reasoning as you've just presented.

I'll cut my loses right here.

:screwy
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It is not my fault that you do not understand math.
 
Sweden said:
If I was an American what I would worry about is the $6.2 Trillion that the US owes to other countries. $1.2 Trillion each to China and Japan. And big sums to almost any country one can think of. Including such oddities as $80 billion owed to Russia and something like $20 billion owed to Sweden. (My share works out about $2,000. Can I have it now please?).
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I really wish they would call in those notes.
 
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