Trump says he doesn't care about predicted US national debt explosion because ‘I won't be here’

[DarthKyrie]

The facts and figures say otherwise.



Clinton did a great job.

Bush had 9/11 to contend with. You can’t expect to fight a war on terror with no money.

You can say when Trump took office the deficit went down which may or may not be due to Obama’s efforts. You can’t say Trump is blowing up the deficit because it’s hardly moved since he took office.

You can say the economy Obama had to deal with is why the deficit increased so much. However it literally doubled under him and there are no great ‘projects’ built by him to show for it.

I just did and it says under Obama $10 trillion dollar increase.

Under Trump $1.5 trillion.

What am I missing?

Speaking of war, a lot of the debt that you say comes from Obama is actually due to him putting the 2 wars Bush started on the books instead of hiding the costs from the people of the United States like Bush and Cheney did. But you conveniently forget about this part of history.

 

[Hayabusa Rider]

Yeesh. The sole purpose of the "war on terror" was to give the butthurt American pride something to beat on.

I don't think so. It was an "opiate of the masses" which also allowed a grab of power from the citizens for the government, or "Take my rights, please, just don't let (insert your choice here) get me"

It happens all the time.

What happened with the WOT and even more so today.

 

[mikeymikec]

I don't think so. It was an "opiate of the masses" which also allowed a grab of power from the citizens for the government, or "Take my rights, please, just don't let (insert your choice here) get me"

It happens all the time.

What happened with the WOT and even more so today.

Ok, perhaps it wasn't the sole purpose, but it was definitely sold to the American people with the lines of 'axis of evil' and 'sponsors of terrorism' type talk, and I think 9/11 is the reason why many of them bought it.

 

[paperfist]

Hi asshole. You acknowledged that Obama spent so much money in order to dig us out of the recession. Why is Trump spending a similar amount per year?

Seriously asshole? You want a real response after that?

 

[dank69]

Seriously asshole? You want a real response after that?

Nope. Run away snowflake.

 

[zzyzxroad]

Seriously asshole? You want a real response after that?

You figure out the difference between debt and deficit ?

 

[BurnItDwn]

Seriously asshole? You want a real response after that?

In today's political landscape. Asshole could almost be considered a compliment compared to most words used to describe "the other side."
That said, one should not attribute to malice what could easily be attributed to incompetence.

 

[UberNeuman]

You figure out the difference between debt and deficit ?

Babe doesn't understand one should catch balls with a mitt and not his head. lol.

 

[fskimospy]

I'm just going to use your own quote against you:



Reversed the trend? According to your own chart Obama added $8,335,071,012,541.80 to the debt. Prior to that the debt stood at $9,007,653,372,262.48 for all other presidents combined! Maybe on a planet with no gravity you can say that's a reversal...

You're asking me to predict the future. If the future is predicted by the projections in this forum then Trump will be impeached Dec 31, 2018 and his budget spending will remain $1.5 Trillion to Obama's $10 Trillion.

If I take your chart and apply my non-mathematician abilities to it I get this:

Obama 2009 $11,909,829,003,511.75
2017 $20,244,900,016,053.51
Total $8,335,071,012,541.80

Trump 2017 $20,244,900,016,053.51
2018 $21,516,058,183,180.23
Total $1,271,158,167,126.70

So Obama on average added $1,041,883,876,567.72 to the debt each year. Trump so far isn't blowing up the debt by your standards.

Wait, so Trump is adding more to the debt per year in a well functioning economy than Obama was in recovering from the greatest financial calamity in our lifetimes? Doesn’t that seem...uhmmm.... really, really bad?

Remember, deficits under Obama during the financial crisis made our debt situation BETTER, not worse. Had we gone into less debt our economy would have shrank more, making our debts harder to sustain. Deficits now do not do that.

 

[Bitek]

I'm just going to use your own quote against you:



Reversed the trend? According to your own chart Obama added $8,335,071,012,541.80 to the debt. Prior to that the debt stood at $9,007,653,372,262.48 for all other presidents combined! Maybe on a planet with no gravity you can say that's a reversal...

You're asking me to predict the future. If the future is predicted by the projections in this forum then Trump will be impeached Dec 31, 2018 and his budget spending will remain $1.5 Trillion to Obama's $10 Trillion.

If I take your chart and apply my non-mathematician abilities to it I get this:

Obama 2009 $11,909,829,003,511.75
2017 $20,244,900,016,053.51
Total $8,335,071,012,541.80

Trump 2017 $20,244,900,016,053.51
2018 $21,516,058,183,180.23
Total $1,271,158,167,126.70

So Obama on average added $1,041,883,876,567.72 to the debt each year. Trump so far isn't blowing up the debt by your standards.

Why are you using averages? That's an intentionally deceptive, bullshit way to do it.

Don't do that unless you don't want to be taken seriously or intellectually sophisticated. (Not that it will help anyway as we collect more data points as WE understand the trends.)

Look at the charts provided. Here is another one.

Spending and revenue.

Recession caused revenues to plummet, and mandatory spending and recovery measure spending went up in response to recession (unemployment insurance, et al.)

Economy recovered. Revenues restored, spending declined. Deficits falling.

Then Trump happened.... spending up, revenues down. Deficits exploding.

2016 forecast: prior to the spending increases tax cuts and tariff wars.

 

[1sikbITCH]

I give the government money to operate, they don't steal it.

If you paid into the Social Security program most of that money is stolen. There is plenty of money going into SSA, they just keep on stealing it all without paying it back. This imaginary debt that we keep on raising up means they keep taking more and more of your Social Security check and they are not paying it back.

And they tell our senior citizens that it's the "other side"'s fault that their money is all gone. Plenty of crooks on both sides.

 

[Jhhnn]

If you paid into the Social Security program most of that money is stolen. There is plenty of money going into SSA, they just keep on stealing it all without paying it back. This imaginary debt that we keep on raising up means they keep taking more and more of your Social Security check and they are not paying it back.

And they tell our senior citizens that it's the "other side"'s fault that their money is all gone. Plenty of crooks on both sides.

That's not true. SS meets its obligations every month, year after year. If we need to change the underlying revenue base to keep doing that in the future we can do so.