Welcome home, fellow Gator.

The Gator Nation's oldest and most active insider community
Join today!

The U.S. national debt is rising by $1 trillion about every 100 days

Discussion in 'Too Hot for Swamp Gas' started by studegator, Mar 2, 2024.

  1. studegator

    studegator GC Legend

    746
    239
    1,918
    Feb 24, 2008
    • Agree Agree x 2
    • Fistbump/Thanks! Fistbump/Thanks! x 1
    • Winner Winner x 1
  2. citygator

    citygator VIP Member

    10,452
    2,329
    3,303
    Apr 3, 2007
    Charlotte
    Japan isn’t in ruins yet. Less debt is better than more but not sure we are over any tipping point.

    IMG_0558.jpeg
     
    • Disagree Bacon! Disagree Bacon! x 1
  3. vegasfox

    vegasfox GC Hall of Fame

    1,033
    78
    83
    Feb 4, 2024
    According to the Democrats "we owe the debt to ourselves" so keep printing
     
    • Winner Winner x 3
  4. gaterzfan

    gaterzfan GC Hall of Fame

    1,627
    313
    1,698
    Feb 6, 2020
    I believe American citizens that hold US treasuries…… should have additional rights and benefits not granted to citizens who do not buy US debt ….. since they are funding the nation’s finances to a greater degree than others.:cool::devil::D:D
     
    • Like Like x 2
  5. danmanne65

    danmanne65 GC Hall of Fame

    3,604
    742
    243
    Jul 2, 2022
    DeLand
    Although I think getting our spending and revenue in line. This is sustainable as long as we are the trusted safe haven. I don’t see that happening for a while.
     
    • Like Like x 1
  6. danmanne65

    danmanne65 GC Hall of Fame

    3,604
    742
    243
    Jul 2, 2022
    DeLand
    There is a quote from catch 22 I can’t quite recall but it has a character who espouses that better people should get more votes than regular people.
     
  7. g8trjax

    g8trjax GC Hall of Fame

    5,090
    425
    293
    Jun 1, 2007
    Debt doesn't matter so why the hell do we pay taxes?
     
    • Winner Winner x 3
    • Agree Agree x 2
    • Fistbump/Thanks! Fistbump/Thanks! x 1
  8. GatorNorth

    GatorNorth Premium Member Premium Member

    16,947
    8,001
    3,203
    Apr 3, 2007
    Atlanta
    Please show me the last Republican POTUS who didn’t increase the debt?

    Hint: he’s been dead since 1969.

    Both parties spend like drunk sailors.
     
    • Agree Agree x 6
    • Winner Winner x 5
    • Like Like x 2
    • Come On Man Come On Man x 1
  9. slocala

    slocala VIP Member

    2,583
    673
    2,028
    Jan 11, 2009
    This took me back. Something about a Texan and technicolor. I remember asking my dad “what is technicolor”. My pops was an amateur photographer, so he went into a long explanation that made the Heller joke less funny.
     
  10. VAg8r1

    VAg8r1 GC Hall of Fame

    19,920
    1,595
    1,513
    Apr 8, 2007
    I would also add that the last president who reduced the debt was a Democrat.
    National Debt Growth by Year
    upload_2024-3-2_9-31-10.png
     
    • Funny Funny x 2
    • Winner Winner x 1
  11. danmanne65

    danmanne65 GC Hall of Fame

    3,604
    742
    243
    Jul 2, 2022
    DeLand
    IMG_3859.png
     
    • Like Like x 1
    • Fistbump/Thanks! Fistbump/Thanks! x 1
  12. ncargat1

    ncargat1 VIP Member

    14,296
    6,269
    3,353
    Dec 11, 2009
    According to the Republi-ban, debt only matters when a Democrat is president. Otherwise, Allah-Trump will provide.
     
    • Winner Winner x 6
    • Like Like x 1
  13. NavyGator93

    NavyGator93 GC Hall of Fame

    1,910
    740
    2,663
    Dec 4, 2015
    Georgia
    Don't be rolling up with facts and common sense. ;)
     
    • Like Like x 1
    • Fistbump/Thanks! Fistbump/Thanks! x 1
    • Funny Funny x 1
  14. gatorjo

    gatorjo GC Hall of Fame

    1,700
    315
    213
    Feb 24, 2024
    Certainly then, if you care about the debt, you will not be voting for Trump, the highest debtor President per annum in US history, correct?

    Trump inherited a strong, growing economy and instantly fueled it with deficit spending and tax cuts, adding to the debt without concern for the future.



    Tax cuts and pandemic relief measures enacted during the Trump administration added $8.4 trillion to the national debt over the 10-year budget window, according to a study released Wednesday by a top budget watchdog group.

    Discretionary spending increases from 2018 and 2019 added $2.1 trillion, Trump’s signature Tax Cuts and Jobs Act added $1.9 trillion and the 2020 bipartisan CARES Act for pandemic relief added another $1.9 trillion, the Committee for a Responsible Federal Budget (CRFB), a Washington think tank, found in a study released earlier this month.


    Trump added $8.4 trillion to the national debt: Analysis | The Hill
     
    Last edited: Mar 2, 2024
    • Winner Winner x 2
    • Fistbump/Thanks! Fistbump/Thanks! x 1
    • Funny Funny x 1
  15. Trickster

    Trickster VIP Member

    9,600
    2,361
    3,233
    Sep 20, 2014
    Give it some thought. The answer should then be obvious. (I get a kick out of those who complain about debt and taxes in the same breath.)
     
    • Like Like x 1
    • Funny Funny x 1
  16. WarDamnGator

    WarDamnGator GC Hall of Fame

    10,365
    1,271
    1,718
    Apr 8, 2007
    We going to have to cut a lot of taxes to make this pay for itself, right republicans?
     
    • Like Like x 2
    • Funny Funny x 2
  17. sierragator

    sierragator GC Hall of Fame

    14,936
    13,146
    1,853
    Apr 8, 2007
    Yes, it is a problem. However, it does not go on vacation when the gop is in power. It matters then too.
     
    • Like Like x 1
    • Optimistic Optimistic x 1
  18. channingcrowderhungry

    channingcrowderhungry Premium Member

    8,500
    1,878
    3,013
    Apr 3, 2007
    Bottom of a pint glass
    I wish I could rate a post "incredibly optimistic"
     
    • Funny Funny x 2
  19. gatorjo

    gatorjo GC Hall of Fame

    1,700
    315
    213
    Feb 24, 2024
    This.

    Trump’s signature Tax Cuts and Jobs Act added $1.9 trillion (to the debt)

    Wait. I think we've come to the part where Trumppublicans ignore the fact that they are the biggest debtors in the US government.
     
    • Funny Funny x 2
    • Winner Winner x 2
  20. g8trjax

    g8trjax GC Hall of Fame

    5,090
    425
    293
    Jun 1, 2007
    LOL, I didn't read anything in the OP that made this red vs blue, it either matters or it doesn't.
     
    • Winner Winner x 2