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Old 02-12-2019, 09:26 PM   #1
 
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Default The U.S. national debt hits $22 trillion for the first time

The U.S. national debt hit $22 trillion for the first time this week, less than a year after it first hit $21 trillion.

Total government debt was $22.013 trillion on Monday, according to the Treasury Department. The exact level of debt for any given day is published on the following business day.

The debt has now climbed more than $2 trillion in less than 18 months ó it first hit $20 trillion in September 2017. Just a few months ago, Trump called on his Cabinet officials to cut their budgets by 5 percent in a bid to keep spending down.

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Old 02-13-2019, 05:44 AM   #2
 
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I mean if mind as well be 300 trillion. It will never be repaid.

Itís like saying I make 20 grand a year and owe you 200 million.... rofl.
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Old 02-13-2019, 06:54 AM   #3
 
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And just think....~$11,000,000,000 of that debt is money lost on bailing out General Motors!
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Old 02-13-2019, 07:04 AM   #4
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There's a lot more money wasted on a lot dumber shit.
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Old 02-13-2019, 07:41 AM   #5
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It's both sickening and terrifying. There are only about a dozen countries that have higher national debt than annual GDP, we're one of them, and we're MUCH larger than the other countries on that list

Spending cuts are needed...I have no clue why the morons in charge don't understand this.
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Old 02-13-2019, 07:43 AM   #6
 
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.

I missed why the sold at a loss??
It's not like they needed the money, just ask aoc, print more money and use that!!!!

.
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Old 02-13-2019, 07:47 AM   #7
 
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I mean if mind as well be 300 trillion. It will never be repaid.

Itís like saying I make 20 grand a year and owe you 200 million.... rofl.
Because we die, the US doesn't die, it collapses and then every one is screwed, not just our creditors.
I still say the budget can be cut in 1/2 if we had term limits so the people actually governed as planned, instead of criminal cartels that stay in power for decades

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Old 02-13-2019, 07:52 AM   #8
 
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I mean other countries have debt to us, we have debt to them. And round and round it goes. If one of the larger counties goes under the rest will follow.

I donít want a major collapse to happen and I donít think it would.
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Old 02-13-2019, 07:54 AM   #9
 
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a lot of countries sold their shares of our debt lately.. obviously someone had to have bought the debt but they sense some pretty big issues soon.
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Old 02-13-2019, 08:46 AM   #10
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thanks obama

this is why we've gotta vote republic youuu guiiissee
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Old 02-13-2019, 08:54 AM   #11
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Again, I’m taking a front row seat next to Alex (@deezuz) when this whole thing implodes.

Have my popcorn and cherry coke ready.
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Old 02-13-2019, 09:24 AM   #12
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There's a lot more money wasted on a lot dumber shit.
/thread

Seriously.
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Old 02-13-2019, 10:41 AM   #13
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thanks LIbeRAL LEeCHEeS!
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Old 02-13-2019, 10:56 AM   #14
 
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When was the last time it went down!?

When was the last time another new govt. program was not conceived one year to the next?
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Old 02-13-2019, 10:57 AM   #15
 
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Again, Iím taking a front row seat next to Alex (@deezuz) when this whole thing implodes.

Have my popcorn and cherry coke ready.
Speaking of coke where is this new orange coke thats supposed to be coming out?
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Old 02-13-2019, 11:00 AM   #16
 
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It's both sickening and terrifying. There are only about a dozen countries that have higher national debt than annual GDP, we're one of them, and we're MUCH larger than the other countries on that list

Spending cuts are needed...I have no clue why the morons in charge don't understand this.
The morons in charge are not trying to do whats best for the country they are trying to do what gets them re elected. The people need to take responsibility and push for change.
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Old 02-13-2019, 11:03 AM   #17
 
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The morons in charge are not trying to do whats best for the country but rather what lines their pockets.
Truth
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Old 02-13-2019, 11:14 AM   #18
 
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thanks LIbeRAL LEeCHEeS!

Youre missing your dots.
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Old 02-13-2019, 12:06 PM   #19
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If every man, woman, and child in this country had to pay an equal share, every person would owe about 75 grand to pay that off.

Yea, good luck recovering from that when the bottom hits

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thanks LIbeRAL LEeCHEeS!
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And POSs

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Old 02-13-2019, 06:50 PM   #20
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And just think....~$11,000,000,000 of that debt is money lost on bailing out General Motors!
Oh come on... It's so easy to forget that Ford too out massive loans and such before the bottom fell out.
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Old 02-13-2019, 06:55 PM   #21
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It's funny how many people don't have any understanding whatsoever of what happened with the Big 3 in the early 00s.
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Old 02-13-2019, 07:37 PM   #22
 
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Oh come on... It's so easy to forget that Ford too out massive loans and such before the bottom fell out.
Ford mortgaged the house to stay afloat. Think they literally put up the brand as collateral.

There is a HUGE difference between taking out massive loans, and ripping off the US taxpayers.
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