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US national debt reaches a record $37T, the Treasury Department reports

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101–110 of 169 posts

Re: US national debt reaches a record $37T, the Treasury Department reports

#101

At this rate, the debt ceiling’s going to need its own space program! Thank you, Mr. T, and to all those before you who let avoidable crises happen, handed out tax cuts to your richest friends, and slapped it all on the national credit card. The people of this country will be feeling your “generosity” and recklessness for decades to come. PS: I'd invite everyone to examine how US Debt/GDP grew unbounded. The biggest…

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Re: US national debt reaches a record $37T, the Treasury Department reports

#102

At this rate, the debt ceiling’s going to need its own space program! Thank you, Mr. T, and to all those before you who let avoidable crises happen, handed out tax cuts to your richest friends, and slapped it all on the national credit card. The people of this country will be feeling your “generosity” and recklessness for decades to come. PS: I'd invite everyone to examine how US Debt/GDP grew unbounded. The biggest…

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Did you catch the part where Trump repeatedly claimed to reduce the debt once in office and has since done the opposite (despite the smoke and mirrors called DOGE).

Re: US national debt reaches a record $37T, the Treasury Department reports

#103
post #8

Just in time for captain genius, leader of the financially responsible party to decide that his primary goal is to make sure corporations and billionaires pay less tax. I’m sure that will go just fine.

Wait until companies realize that they will have to pay on the double for education soon, because nobody's gonna be able to hire unqualified people from within the US.

Re: US national debt reaches a record $37T, the Treasury Department reports

#104

At this rate, the debt ceiling’s going to need its own space program! Thank you, Mr. T, and to all those before you who let avoidable crises happen, handed out tax cuts to your richest friends, and slapped it all on the national credit card. The people of this country will be feeling your “generosity” and recklessness for decades to come. PS: I'd invite everyone to examine how US Debt/GDP grew unbounded. The biggest…

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One campaigned on reducing the deficit; one did not. It seems reasonable to expect a smaller deficit from the one who campaigned on that, doesn't it?

Re: US national debt reaches a record $37T, the Treasury Department reports

#105

At this rate, the debt ceiling’s going to need its own space program! Thank you, Mr. T, and to all those before you who let avoidable crises happen, handed out tax cuts to your richest friends, and slapped it all on the national credit card. The people of this country will be feeling your “generosity” and recklessness for decades to come. PS: I'd invite everyone to examine how US Debt/GDP grew unbounded. The biggest…

'As a follow-up, maybe briefly ask yourself: What additional tail risks are actively being ignored today? Whose job is it to minimize those?'

Louder for those in the back.. CLIMATE CHANGE

Re: US national debt reaches a record $37T, the Treasury Department reports

#106

Earlier quoted context omitted.

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Did you catch the part where Trump repeatedly claimed to reduce the debt once in office and has since done the opposite (despite the smoke and mirrors called DOGE).

So you're saying that if we want something we should vote for the opposite?

Re: US national debt reaches a record $37T, the Treasury Department reports

#107

At this rate, the debt ceiling’s going to need its own space program! Thank you, Mr. T, and to all those before you who let avoidable crises happen, handed out tax cuts to your richest friends, and slapped it all on the national credit card. The people of this country will be feeling your “generosity” and recklessness for decades to come. PS: I'd invite everyone to examine how US Debt/GDP grew unbounded. The biggest…

Please vote next election and every election for politicians that will reduce the debt and deficit. It is important.

Re: US national debt reaches a record $37T, the Treasury Department reports

#108

At this rate, the debt ceiling’s going to need its own space program! Thank you, Mr. T, and to all those before you who let avoidable crises happen, handed out tax cuts to your richest friends, and slapped it all on the national credit card. The people of this country will be feeling your “generosity” and recklessness for decades to come. PS: I'd invite everyone to examine how US Debt/GDP grew unbounded. The biggest…

Please vote next election and every election for politicians that will reduce the debt and deficit. It is important.

Which ones are those again? Because both parties are doing the opposite

Re: US national debt reaches a record $37T, the Treasury Department reports

#110

How do you guys see this ending? I don't see this ending well but I can't imagine what happens. Seems unsustainable but nobody wants to deal with it.

At some point there will be a need for austerity measures and rising taxes, and whoever will do that will be very unpopular.

Austerity measures do not decrease national debt. What they do is depress GDP so that you have no chance to repay the debt.
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