Liberal Forum

R.Suave » 27 Jan 2024, 9:43 am » wrote: ↑

27 Jan 2024, 9:43 am

https://thehill.com/business/4430167-ku ... n-economy/

My thoughts?

No doubt. That's why Trump wants it to crash. 

Bidencrimefamily » 27 Jan 2024, 9:33 pm » wrote: ↑

27 Jan 2024, 9:33 pm

No doubt. That's why Trump wants it to crash.

I would ask you for evidence of Trump wanting that, but we both know that you don't provide evidence for your claims and you also don't answer questions. Therefore, it would be pointless. 

Is this the advisor that also said Biden should put trump on the spot about abortion?

Bidencrimefamily » 27 Jan 2024, 9:33 pm » wrote: ↑

27 Jan 2024, 9:33 pm

No doubt. That's why Trump wants it to crash. 

Which it to crash?

Global tyranny or this nation's tyrants like Bidencrimefamily.

R.Suave » 27 Jan 2024, 5:18 pm » wrote: ↑

27 Jan 2024, 5:18 pm

This always ends in a sudden, catastrophic, deceleration....

Have you ever voted for a POTUS who bequeathed a smaller deficit to his successor than what he inherited?

@Huey

United States Government debt accounted for 122.9 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 121.6 % in the previous quarter.
It isn't decelerating. ...quite the contrary ....

U.S. federal debt forecast FY 2022-2033Published by Statista Research Department, Nov 3, 2023 By 2033, the gross federal debt of the United States is projected to be about 51.99 trillion U.S. dollars. This would be an increase of around 21 trillion U.S. dollars from 2022, when the federal debt was 30.84 trillion U.S. dollars.

The federal debt of the U.S.

The federal debt, also called the national debt or public debt, is the amount of debt held by the United States government. This debt may be to other countries, or to different departments within the government itself. The public debt of the United States has increased significantly over the past 30 years, as it was around 3.2 trillion U.S. dollars in 1990 and surpassed 30 trillion dollars for the first time in 2022. When broken down per capita, the national debt amounted to about 80,885 U.S. dollars of debt per person in the United States in 2021.

The problem of the federal debt

Over the past decade, the federal debt limit in the United States has increased significantly. The U.S. debt ceiling can only be changed by an act of Congress which is then signed by the president. The raising of the ceiling has become a recurring political issue in recent years, especially during times when the Presidency and chambers of Congress are controlled by different parties.

The debt ceiling is a tool that allows the Treasury to issue bonds without congressional approval, allowing for efficiency in the way that the government pays for programs and services. It is thought to be further valuable in that it keeps federal finances in check. However, when the two parties are unable to come to an agreement on raising the debt ceiling, the government comes to a shutdown because they can no longer fund themselves. The Republican Party in particular often positions itself against raising the federal debt ceiling, characterizing themselves as the party of fiscal conservativism. However, analyses have shown that both parties have contributed to the country's debt in almost equal measures.

 How are we going to make 3 trillion dollar debt payments in 6 years when our debt will be 51.99 trillion?
Especially when our GDP will never again cover our debt ....

 

R.Suave » 27 Jan 2024, 6:01 pm » wrote: ↑

27 Jan 2024, 6:01 pm

Look for the "silver fox" doing the trunktwisters, jack knives and hoisting serious weight..

It would be easier to find the senior citizen needing hair plugs, has chicken legs and is making 20 year old girls uncomfortable because he is perving on them.
 

R.Suave » 27 Jan 2024, 5:18 pm » wrote: ↑

27 Jan 2024, 5:18 pm

This always ends in a sudden, catastrophic, deceleration....

Have you ever voted for a POTUS who bequeathed a smaller deficit to his successor than what he inherited?

@Huey

If you need attention do what you normally do.  Rent a hooker.
 

Majik » 28 Jan 2024, 9:51 am » wrote: ↑

28 Jan 2024, 9:51 am

United States Government debt accounted for 122.9 % of the country's Nominal GDP in Sep 2023, compared with the ratio of 121.6 % in the previous quarter.
It isn't decelerating. ...quite the contrary ....

U.S. federal debt forecast FY 2022-2033Published by Statista Research Department, Nov 3, 2023 By 2033, the gross federal debt of the United States is projected to be about 51.99 trillion U.S. dollars. This would be an increase of around 21 trillion U.S. dollars from 2022, when the federal debt was 30.84 trillion U.S. dollars.

The federal debt of the U.S.

The federal debt, also called the national debt or public debt, is the amount of debt held by the United States government. This debt may be to other countries, or to different departments within the government itself. The public debt of the United States has increased significantly over the past 30 years, as it was around 3.2 trillion U.S. dollars in 1990 and surpassed 30 trillion dollars for the first time in 2022. When broken down per capita, the national debt amounted to about 80,885 U.S. dollars of debt per person in the United States in 2021.

The problem of the federal debt

Over the past decade, the federal debt limit in the United States has increased significantly. The U.S. debt ceiling can only be changed by an act of Congress which is then signed by the president. The raising of the ceiling has become a recurring political issue in recent years, especially during times when the Presidency and chambers of Congress are controlled by different parties.

The debt ceiling is a tool that allows the Treasury to issue bonds without congressional approval, allowing for efficiency in the way that the government pays for programs and services. It is thought to be further valuable in that it keeps federal finances in check. However, when the two parties are unable to come to an agreement on raising the debt ceiling, the government comes to a shutdown because they can no longer fund themselves. The Republican Party in particular often positions itself against raising the federal debt ceiling, characterizing themselves as the party of fiscal conservativism. However, analyses have shown that both parties have contributed to the country's debt in almost equal measures.

 How are we going to make 3 trillion dollar debt payments in 6 years when our debt will be 51.99 trillion?
Especially when our GDP will never again cover our debt ....

Answer the question.

Huey » 28 Jan 2024, 9:59 am » wrote: ↑

28 Jan 2024, 9:59 am

If you need attention do what you normally do.  Rent a hooker.

Let's see if that assertion is true..

I've paid for 1.


How many of your encounters were "transactional"?

R.Suave » 28 Jan 2024, 11:28 am » wrote: ↑

28 Jan 2024, 11:28 am

Answer the question.

51.99 trillion U.S. dollars. 
3 trillion dollar debt payments every year .......
by 2033....
However, analyses have shown that both parties have contributed to the country's debt in almost equal measures.
question answered....


 

Huey » 28 Jan 2024, 9:58 am » wrote: ↑

28 Jan 2024, 9:58 am

It would be easier to find the senior citizen needing hair plugs, has chicken legs and is making 20 year old girls uncomfortable because he is perving on them.

Try that, then...

When done do as instructed.
 

Majik » 28 Jan 2024, 11:34 am » wrote: ↑

28 Jan 2024, 11:34 am

51.99 trillion U.S. dollars. 
3 trillion dollar debt payments every year .......
by 2033....
However, analyses have shown that both parties have contributed to the country's debt in almost equal measures.
question answered....

Why complain about the mess you've made?

R. » wrote:

29 Jan 1970, 11:41 am

Huey » 28 Jan 2024, 9:59 am » wrote: ↑

28 Jan 2024, 9:59 am

If you need attention do what you normally do.  Rent a hooker.

Let's see if that assertion is true..

I've paid for 1.


How many of your encounters were "transactional"?

 

A couple.  After a long deployment it better to get the easy one out of the way.  

R. » wrote:

29 Jan 1970, 11:41 am

Huey » 28 Jan 2024, 9:58 am » wrote: ↑

28 Jan 2024, 9:58 am

It would be easier to find the senior citizen needing hair plugs, has chicken legs and is making 20 year old girls uncomfortable because he is perving on them.

Try that, then...

When done do as instructed.
 

 

I don't take demands vert well.  Especially from an office boy. 

R.Suave » 28 Jan 2024, 11:35 am » wrote: ↑

28 Jan 2024, 11:35 am

Why complain about the mess you've made?

How many times are you going to lie today?

U.S. Debt Rises Irrespective of Who Is in the White HouseDEBT CEILINGby katharina.buchholz@statista.com, 
May 8, 2023 U.S. national debt surpassed $31 trillion for the first time October 2022, according to the Treasury Department. A whopping $8 trillion were added since the start of the coronavirus pandemic in early 2020.The U.S. has seen three Republican and three Democratic administrations since the 1980s, but no matter who is in the White House, U.S. debt has been rising steadily throughout the years, also expanding the debt ceiling in the process. Despite Democrats and Republicans equally expanding debt while in office, the necessary raising of the debt ceiling is routinely causing a fair share of debate - often stretching until the last minute of the country's solvency..
https://www.statista.com/chart/1505/ame ... g-dilemma/
 
 
 

Majik » 28 Jan 2024, 11:40 am » wrote: ↑

28 Jan 2024, 11:40 am

How many times are you going to lie today?

U.S. Debt Rises Irrespective of Who Is in the White HouseDEBT CEILINGby katharina.buchholz@statista.com, 
May 8, 2023 U.S. national debt surpassed $31 trillion for the first time October 2022, according to the Treasury Department. A whopping $8 trillion were added since the start of the coronavirus pandemic in early 2020.The U.S. has seen three Republican and three Democratic administrations since the 1980s, but no matter who is in the White House, U.S. debt has been rising steadily throughout the years, also expanding the debt ceiling in the process. Despite Democrats and Republicans equally expanding debt while in office, the necessary raising of the debt ceiling is routinely causing a fair share of debate - often stretching until the last minute of the country's solvency..
https://www.statista.com/chart/1505/ame ... g-dilemma/

That's crap.

It's called a "structural" deficit, also "the persistent consequence of Supply Side Idiocy"...

Clinton was in office only a few weeks in 1993 when Greenspan informed him the federal deficit was out of control and, unless reduced, could produce “a financial crisis.” The red ink mess may have been created during the previous 12 years of Republican rule in the White House, but it was Clinton’s mess to clean up. And Greenspan lauds how he faced up to it.

“The hard truth was that (former President Ronald) Reagan had borrowed … and Clinton was having to pay it back,” the former Fed boss writes

https://www.twincities.com/2007/09/18/t ... l-clinton/
 

R.Suave » 28 Jan 2024, 1:06 pm » wrote: ↑

28 Jan 2024, 1:06 pm

That's crap.

It's called a "structural" deficit, also "the persistent consequence of Supply Side Idiocy"...

Clinton was in office only a few weeks in 1993 when Greenspan informed him the federal deficit was out of control and, unless reduced, could produce “a financial crisis.” The red ink mess may have been created during the previous 12 years of Republican rule in the White House, but it was Clinton’s mess to clean up. And Greenspan lauds how he faced up to it.

“The hard truth was that (former President Ronald) Reagan had borrowed … and Clinton was having to pay it back,” the former Fed boss writes

https://www.twincities.com/2007/09/18/t ... l-clinton/

51.99 trillion U.S. dollars. 
3 trillion dollar debt payments every year .......
by 2033....

and all you can muster is the pointing of your **** stained finger ......
It doean't matter one **** iota how we got here .....NOW.
Because now we are **** .....
Because America does not have the ability to grow our GDP over the next 9 years to save us .....and that is a **** fact.
It's the same predicament that almost all western powers now find themselves in .........Massive debt and no way to grow their economies to cover that debt .
Which is why the west is in massive decline ....
and why non-western countries are overwhelmingly pivoting towards the global south....and the BRICS ......
Which will win in The End by merely biding time until massive insolvency destroys America and the Western world .....
you feckless dreamer ....