When Trump was a candidate he said if the national debt goes to 21 trillion the country will be in deep doo doo, paraphrasing.
Now his policies have done exactly that, we are now officially 21 trillion in debt. We can pay that off easily, right? About the same as 7 aircraft carriers made of solid gold.....
And you bitch about states in debt? If they were republican states in debt this post would have never been started.
Originally posted by @athousandyoung https://www.cbsnews.com/news/under-donald-trump-national-debt-tops-21-trillion-for-first-time-ever/
You do realize how utterly and completely irrelevant that is? Even if Trump matches Obama's 12 trillion debt run-up, it still has nothing to do with liberal run cities that go bankrupt because of policies they've had in place for decades.
Originally posted by @tom-wolsey You do realize how utterly and completely irrelevant that is? Even if Trump matches Obama's 12 trillion debt run-up, it still has nothing to do with liberal run cities that go bankrupt because of policies they've had in place for decades.
Originally posted by @tom-wolsey You do realize how utterly and completely irrelevant that is? Even if Trump matches Obama's 12 trillion debt run-up, it still has nothing to do with liberal run cities that go bankrupt because of policies they've had in place for decades.
Originally posted by @tom-wolsey You do realize how utterly and completely irrelevant that is? Even if Trump matches Obama's 12 trillion debt run-up, it still has nothing to do with liberal run cities that go bankrupt because of policies they've had in place for decades.
Originally posted by @tom-wolsey You do realize how utterly and completely irrelevant that is? Even if Trump matches Obama's 12 trillion debt run-up, it still has nothing to do with liberal run cities that go bankrupt because of policies they've had in place for decades.
Originally posted by @tom-wolsey You do realize how utterly and completely irrelevant that is? Even if Trump matches Obama's 12 trillion debt run-up, it still has nothing to do with liberal run cities that go bankrupt because of policies they've had in place for decades.
Originally posted by @tom-wolsey You do realize how utterly and completely irrelevant that is? Even if Trump matches Obama's 12 trillion debt run-up, it still has nothing to do with liberal run cities that go bankrupt because of policies they've had in place for decades.
You do know just paying the interest on that debt puts the US budget down a half trillion each year?
How many states could get that money split between them theoretically that would be 10 billion for each state.
Originally posted by @sonhouse You do know just paying the interest on that debt puts the US budget down a half trillion each year?
How many states could get that money split between them theoretically that would be 10 billion for each state.
The state budgets have nothing to do with the federal budget. The federal debt service is paid out of federal revenues only.
While some states certainly try, no state could get away with the fiscal irresponsibility oft he federal government.