Christian Mango is 10 years old. In April, his fourth-grade teacher at Canterbury School in Greensboro, North Carolina, gave the class an assignment. Write a ... Read More
She wrote that 2038 is only 12 years away, and that “YOU and your classmates will be responsible for paying down the national debt.”
Nevermind that Trump and the rest of the congressional Republicans increased the national debt by 3 trillion dollars already, fuck you kid for wanting something good for everyone instead of only wanting good stuff for the Epstein class.
How nvieve does she have to be to assume anyone is going to pay down the national debt. The US government will collapse with $200T of debt and implode the world economy.
Look, this isn’t my country but I’d think there’d be rioting in the streets about this. Someone’s out there spending the public’s money and making his whims everyone else’s problem.
Here, I’ll invite you to read this document published on house.gov specifically on trumps impact to the national debt throughout America’s history. It is not a “slam piece” on it’s own, he does it to himself with facts and figures which is what this article gives.
I searched for “inflation”, “nominal” and “adjusted” and didn’t find anything relevant.
I believe that the $37 trillion dollars is the total debt whenever that graphic was made, and the $12.5T is the debt increase from Trump’s first term, plus so far in his second term. That means you’re comparing Trump’s debt (issued in 2016 or later dollars) to, for example, Roosevelt’s debt (issued in 1940s dollars).
The article you link seems perfectly factual and correctly identifies that debt to GDP is more important than nominal debt. Which is why you shouldn’t be using a comparison of nominal debt increases to criticise Trump.
It’s relative to the economy. The comparison is the fact that he spends frivolously when other presidents who contributed largely to the debt did so during crises. Trump CREATES crises all on his own. He campaigns on lowering debt, but does quite the opposite ten fold. So yeah, it is perfectly within the realm to criticize and compare him with all other presidents all things considering. The pie represents his failures in the simplistic of forms.
What measure of “the economy”? The usual measure is GDP, measured in dollars, so the number is a dimensionless ratio, not a dollar amount.
The fact that you aren’t telling me how this number was arrived at, or giving any precise answers at all, is answer enough: it’s not “adjusted” to anything. You made that up and are continuing to talk shit.
The party of ‘law and order’ and his super smart and loyal supporters will definitely support and vote for him the fourth time as well because they support ‘law and order’.
he only ever used the casino as monely laundering, like hes using with the USA. i heard some people mention if TRUMP WASNT lazy and invested index funds with his inheritence he would be ~100billionaire by now.
Nevermind that Trump and the rest of the congressional Republicans increased the national debt by 3 trillion dollars already, fuck you kid for wanting something good for everyone instead of only wanting good stuff for the Epstein class.
How nvieve does she have to be to assume anyone is going to pay down the national debt. The US government will collapse with $200T of debt and implode the world economy.
Fun fact:
(Add 2 trillion to this pie… wait 3 trillion? No wait… almost 4, Now? Well, add 4 trillion to this chart for the ole pedophile just for good measure…)
Look, this isn’t my country but I’d think there’d be rioting in the streets about this. Someone’s out there spending the public’s money and making his whims everyone else’s problem.
This is dumb as bricks. Inflation means that the most recent government will always have an outsized contribution to any national debt.
Don’t post it just because it dumps on Trump
(And I guess I have to say I too hate trump because otherwise everyone will conclude I’m defending him somehow)
This is adjusted to inflation.
Oh yeah, what are the unadjusted numbers then?
Here, I’ll invite you to read this document published on house.gov specifically on trumps impact to the national debt throughout America’s history. It is not a “slam piece” on it’s own, he does it to himself with facts and figures which is what this article gives.
I searched for “inflation”, “nominal” and “adjusted” and didn’t find anything relevant.
I believe that the $37 trillion dollars is the total debt whenever that graphic was made, and the $12.5T is the debt increase from Trump’s first term, plus so far in his second term. That means you’re comparing Trump’s debt (issued in 2016 or later dollars) to, for example, Roosevelt’s debt (issued in 1940s dollars).
The article you link seems perfectly factual and correctly identifies that debt to GDP is more important than nominal debt. Which is why you shouldn’t be using a comparison of nominal debt increases to criticise Trump.
It’s relative to the economy. The comparison is the fact that he spends frivolously when other presidents who contributed largely to the debt did so during crises. Trump CREATES crises all on his own. He campaigns on lowering debt, but does quite the opposite ten fold. So yeah, it is perfectly within the realm to criticize and compare him with all other presidents all things considering. The pie represents his failures in the simplistic of forms.
What measure of “the economy”? The usual measure is GDP, measured in dollars, so the number is a dimensionless ratio, not a dollar amount.
The fact that you aren’t telling me how this number was arrived at, or giving any precise answers at all, is answer enough: it’s not “adjusted” to anything. You made that up and are continuing to talk shit.
“10 year projection as of 2025”
Huh? I doubt he will survive that long, let alone run for the fourth term
The party of ‘law and order’ and his super smart and loyal supporters will definitely support and vote for him the fourth time as well because they support ‘law and order’.
That chart is pre-ballroom and Iran war, too.
Mere drops in the trillion dollars buckets
The war is starting to be more than a drop in the bucket. It’s only one order of magnitude less than what is shown on the graph.
1 month alone, 92bn was spent on luxury vacations, dinner and personal items for the department of war.
His base: “we need a president to run this country like a business!”
Their guy: bankrupts every business he runs… including 6 casinos. (CASINOS! Fucking literal money printers…)
he only ever used the casino as monely laundering, like hes using with the USA. i heard some people mention if TRUMP WASNT lazy and invested index funds with his inheritence he would be ~100billionaire by now.
And he just shoe horned in his new fed chair who will implement rate cuts and push us closer to needing a wheelbarrow to buy bread.