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just amazing
Posted by: fucking amazing ()
Date: December 02, 2014 09:20AM

Total US Debt Rises Over $18 Trillion; Up 70% Under Barack Obama

Last week, total US debt was a meager $17,963,753,617,957.26. Two days later, as updated today, on Black Friday, total outstanding US public debt just hit a new historic level which probably would be better associated with a red color: as of the last work day of November, total US public debt just surpassed $18 trillion for the first time, or $18,005,549,328,561.45 to be precise, of which debt held by the public rose to $12,922,681,725,432.94, an increase of $32 billion in one day.

It also means that total US debt to nominal GDP as of Sept 30, which was $17.555 trillion, is now 103%. Keep in mind this GDP number was artificially increased by about half a trillion dollars a year ago thanks to the "benefit" of R&D and intangibles. Without said definitional change, debt/GDP would now be about 106%.

It also means that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently.

And now we wait for the US to become Spain, and add the estimated "contribution" from hookers and blow to GDP, once again pushing the total debt/GDP ratio below the psychological 100% level.

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Re: just amazing
Posted by: Not Amazed ()
Date: December 02, 2014 09:32AM

If your country fights two long and very expensive 10+ year wars overseas AND don't raise the requisite tax dollars to pay for them; AND your country cuts taxes for 12-13 years for the wealthiest tax payers; AND your country gives away hundreds of billions of dollars to profitable corporations in the form of tax breaks and subsidies....you're a complete fucking moron if you are amazed that your country has a debt problem.

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Re: just amazing
Posted by: WingNut ()
Date: December 02, 2014 09:35AM

Not Amazed Wrote:
-------------------------------------------------------
> If your country fights two long and very expensive
> 10+ year wars overseas AND don't raise the
> requisite tax dollars to pay for them; AND your
> country cuts taxes for 12-13 years for the
> wealthiest tax payers; AND your country gives away
> hundreds of billions of dollars to profitable
> corporations in the form of tax breaks and
> subsidies....you're a complete fucking moron if
> you are amazed that your country has a debt
> problem.

Debt's up 70% under The Obobo..

Did ya read that part?


idontlikebeingrightaboutshitlikethisbutiam



Edited 21 time(s). Last edit at 5/31/1967 05:57AM by WingNut.

Last edit at 11/30/2015 01:37PM Last edit at 5/14/2015 03:52PM Last edit at 1/28/2014 05:57AM Last edit at 11/29/2015 01:10PM Last edit at 3/14/2011 11:52PM Last edit at 7/20/2012 04:07AM
Last edit at 6/29/2013 11:18PM Last edit at 3/19/2011 01:02PM Last edit at 3/26/2012 09:07PM


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Re: just amazing
Posted by: iefhrfyr ()
Date: December 02, 2014 09:55AM

Not Amazed Wrote:
-------------------------------------------------------
> If your country fights two long and very expensive
> 10+ year wars overseas AND don't raise the
> requisite tax dollars to pay for them; AND your
> country cuts taxes for 12-13 years for the
> wealthiest tax payers; AND your country gives away
> hundreds of billions of dollars to profitable
> corporations in the form of tax breaks and
> subsidies....you're a complete fucking moron if
> you are amazed that your country has a debt
> problem.

So you are saying that the solution to a debt problem is to increase the debt more. Oh ok, I get it. Libturds

A second point for you to consider:
.
Attachments:
auuui9.jpg

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Re: just amazing
Posted by: Reap What You Sow ()
Date: December 02, 2014 11:22AM

fucking amazing Wrote:
-------------------------------------------------------
> Total US Debt Rises Over $18 Trillion; Up 70%
> Under Barack Obama

Thanks largely to Reagan/Bush/Bush policies (tax cuts, unfunded wars, Medicare drug benefit, etc).


Attachments:
US-national-debt-GDP-graph.png

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Re: just amazing
Posted by: G2 trying, and failing... ()
Date: December 02, 2014 11:27AM

to support O'bumblefuck.

Why so faggot bro? U mad?

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Re: just amazing
Posted by: Democrat Fail Machine ()
Date: December 02, 2014 11:31AM

And where are our favorite libtard shills on this one?

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Re: just amazing
Posted by: Reap What You Sow ()
Date: December 02, 2014 11:34AM

Fact: GW Bush increased the national debt by >75%.

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Re: just amazing
Posted by: Reap What You Sow ()
Date: December 02, 2014 11:40AM

Reagan increased the national debt by >186%!

From a shade under $1 trillion in 1981 to $2.8 trillion in 1989.

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Re: just amazing
Posted by: G2 trying, and failing. Again ()
Date: December 02, 2014 11:40AM

D'oh.

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Re: just amazing
Posted by: Reap What You Sow ()
Date: December 02, 2014 11:45AM

G2 trying, and failing. Again Wrote:
-------------------------------------------------------
> D'oh.


Attachments:
we get it.jpg

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Re: just amazing
Posted by: theyre all crooks ()
Date: December 02, 2014 11:54AM

None of them care about the future. They want themselves to look good now, regardless of the cost. They all make choices based on reelection for themselves or their party.whoever votes for someone from either entrenched party is an idiot. Both parties goals will end up destroying the system eventually.

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Re: just amazing
Posted by: Conserva-tards! ()
Date: December 02, 2014 12:06PM

theyre all crooks Wrote:
-------------------------------------------------------
> None of them care about the future. They want
> themselves to look good now, regardless of the
> cost. They all make choices based on reelection
> for themselves or their party.whoever votes for
> someone from either entrenched party is an idiot.
> Both parties goals will end up destroying the
> system eventually.

Correct.

It's fun to moan & whine along the way, though, ain't it?

Conserva-tards!

LoLz!

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Re: just amazing
Posted by: just asking... ()
Date: December 02, 2014 12:51PM

1. tax cuts, unfunded wars, Medicare drug benefit
2. if he gets blamed for those does he credit for bringing us out of financial collapse under W. Bush and avoiding the 2nd Great Depression.

just asking...

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Re: just amazing
Posted by: Gerrymanderer2 ()
Date: December 02, 2014 01:07PM

Please don't bombard these fools with their failures. Their intention is to fail. They're sadistic bastards.

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Re: just amazing
Posted by: Reader of Things ()
Date: December 02, 2014 02:36PM

WingNut Wrote:
-------------------------------------------------------
>
> Debt's up 70% under The Obobo..
>
> Did ya read that part?

Long term conservative mental deficits such as yours are probably the largest contributing factor.

Do America a favor WingNut - find a real cliff and jump off.

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Re: just amazing
Posted by: worse off ()
Date: December 02, 2014 02:40PM

Reader of Things Wrote:
-------------------------------------------------------

Debt's up 70% under Obama. I will explain it for you dumbfuck Libturdz. Obama didn't make things better. He made them worse.

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Re: just amazing
Posted by: Ralph Pootawn ()
Date: December 02, 2014 02:45PM

the subject suggests you were gonna post some tits

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Re: just amazing
Posted by: Reader of Things ()
Date: December 02, 2014 02:47PM

worse off Wrote:
-------------------------------------------------------
> Debt's up 70% under Obama. I will explain it for
> you dumbfuck Libturdz. Obama didn't make things
> better. He made them worse.

Stock Market more than doubled under Obama from 8,000 to over 17,800.
Unemployment rate dropped down to 5.9% under Obama.
29 straight months of steady job creation under Obama.
American Auto Sector - Recovered and Rebounding under Obama.
Oil prices down under Obama.

Keep in mind most of that debt was incurred before Obama took office.

I'd say the conservative mental deficit is the only thing that hasn't really improved.

What has the Republican Party accomplished since 2008?

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Re: just amazing
Posted by: Ralph Pootawn ()
Date: December 02, 2014 02:50PM

Reader of Things Wrote:
-------------------------------------------------------
> worse off Wrote:
> --------------------------------------------------
> -----
> > Debt's up 70% under Obama. I will explain it
> for
> > you dumbfuck Libturdz. Obama didn't make things
> > better. He made them worse.
>
> Stock Market more than doubled under Obama from
> 8,000 to over 17,800.

Falsely inflated by the Fed so, wrong.
> Unemployment rate dropped down to 5.9% under
> Obama.

Wrong again.
> 29 straight months of steady job creation under
> Obama.

Wrong again.
> American Auto Sector - Recovered and Rebounding
> under Obama.

How so?
> Oil prices down under Obama.
>
> Keep in mind most of that debt was incurred before
> Obama took office.

$10.25 trillion when Obama took office and over $18 trillion now. Whatchu talking bout Willis?
Attachments:
libtard.jpg

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Re: just amazing
Posted by: who cares ()
Date: December 02, 2014 02:55PM

Guess what all you FUCKTARDS................


When the next prez takes office regardless of what Party this person belongs to the debt will still increase

NOW GET THIS............

when the next prez takes office from the prez above............THE DEBT WILL STILL INCREASE!


so why talk about all this shit when it can't be fixed?

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Re: just amazing
Posted by: Ralph Pootawn ()
Date: December 02, 2014 02:57PM

who cares Wrote:
-------------------------------------------------------
> Guess what all you FUCKTARDS................
>
>
> When the next prez takes office regardless of what
> Party this person belongs to the debt will still
> increase
>
> NOW GET THIS............
>
> when the next prez takes office from the prez
> above............THE DEBT WILL STILL INCREASE!
>
>
> so why talk about all this shit when it can't be
> fixed?


That's right. Just give up and go back to your couch.

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Re: just amazing
Posted by: who cares ()
Date: December 02, 2014 03:05PM

Ralph Pootawn Wrote:
-------------------------------------------------------
> who cares Wrote:
> --------------------------------------------------
> -----
> > Guess what all you FUCKTARDS................
> >
> >
> > When the next prez takes office regardless of
> what
> > Party this person belongs to the debt will
> still
> > increase
> >
> > NOW GET THIS............
> >
> > when the next prez takes office from the prez
> > above............THE DEBT WILL STILL INCREASE!
> >
> >
> > so why talk about all this shit when it can't
> be
> > fixed?
>
>
> That's right. Just give up and go back to your
> couch.


EXACTLY!!!! Out of my control so why worry about. I let the other person get butt-hurt stressed over it. I sit back and enjoy life as much as I can!

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Re: just amazing
Posted by: kdjrh ()
Date: December 02, 2014 03:14PM

Everyone should care, despite whatever political party's kool-aid you drink.

When the government prints money to cover the debt, your money is worth less. This means you have to earn more to afford the same level of existence. This is not tough math. I understand this is FfxU, but you guys can't really be that stupid. Maybe?

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