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KelleyKramer

(8,961 posts)
Thu Mar 22, 2018, 03:59 AM Mar 2018

The national debt has gone up $1 trillion in 6 months, and guess what Trump signed in February ...

This IMHO is why the Kochs and super rich like Trumps non-stop chaos and drama, bad things get done and no one notices

I bet a lot of people missed this one, I sure did ....

The national debt has gone up $1 trillion in the last 6 months (for reference, under Obama it took almost 2 years to go up that much)

And remember all those drop down battles the Republicans had with Obama over extending the debt limit??

Well, well... guess what the Kochs Bros and their rich pals had dumbass Donnie sign in February....

"a debt-limit suspension in February, allowing unlimited borrowing through March 1, 2019"

These rich bastards are robbing us blind right under our noses

Unbelievable .......



It didn’t take long for the U.S. to rack up another trillion dollars of debt

https://www.marketwatch.com/story/it-didnt-take-long-for-the-us-to-rack-up-another-trillion-dollars-of-debt-2018-03-20

It has taken a little more than six months for the U.S. national debt to grow by a trillion dollars, a quick clip that has little precedent over the nation’s recent history.

Last week, the debt hit $21 trillion for the first time, rising from the $20 trillion mark it notched on Sept. 8. The debt is guaranteed to go higher, with President Donald Trump having signed a debt-limit suspension in February, allowing unlimited borrowing through March 1, 2019. Economists expect wider deficits to result from the tax cut Trump signed in December.

While a trillion-dollar increase over roughly six months isn’t unprecedented — there was one in 2009, during the Great Recession, and another in 2010 — it’s certainly fast.

The national debt exceeded $20 trillion in September 2017, after taking 20 months to add a trillion dollars. A debt limit that had been in place since March 2015 was raised in March 2017, and again on Sept. 8, 2017.


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The national debt has gone up $1 trillion in 6 months, and guess what Trump signed in February ... (Original Post) KelleyKramer Mar 2018 OP
So where are all of those whining bitching conservative redumbliCONs that are always democratisphere Mar 2018 #1
Debts only matter when a Democrat is in the White House. joshdawg Mar 2018 #2
Right on schedule. airplaneman Mar 2018 #3
Ssshhhhhhhh...... Elwood P Dowd Mar 2018 #4
yes very true nikki haley Apr 2018 #5
What do you think we should do about it? Like you, I am very worried. marble falls Apr 2018 #6
welcome to DU gopiscrap Apr 2018 #7

democratisphere

(17,235 posts)
1. So where are all of those whining bitching conservative redumbliCONs that are always
Thu Mar 22, 2018, 04:25 AM
Mar 2018

pissing and moaning about the national debt?! This sure as HELL isn't Obama or HRC's fault!

joshdawg

(2,648 posts)
2. Debts only matter when a Democrat is in the White House.
Thu Mar 22, 2018, 06:23 AM
Mar 2018

Then, and only then, will you hear the cowardly assholes known as republicans scream to high heaven (where ever that is) about the huge deficit. Hypocritical buttwipes!

airplaneman

(1,239 posts)
3. Right on schedule.
Fri Mar 23, 2018, 12:57 AM
Mar 2018

Democrats are tax and spent - actually the correct way to do it.
Republicans are borrow and spend and they are doing it again for the the same reasons.
Cut taxes on the rich and increase military spending.
I have no problem on tax and spend as long as the money is going to good causes like infrastructure, health care, social safety nets, Social Security, Medicare, Medicaid and benefiting the general population as a whole.
-Airplane

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