The National Debt is climbing...

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  1. jackclee lm profile image82
    jackclee lmposted 11 months ago

    Let me be consistent and bring up the topic of our debt, which was doubled under Obama’s 7 years to $20 trillion and now under the first year of the Trump administration is rising to $20.5 trillion.
    It is Congress’s mandate to control spending. Let’s hope they have some backbone and say no to raising the debt limit. We can cut spending to achieve the same results.

    1. GA Anderson profile image86
      GA Andersonposted 11 months agoin reply to this

      What is the point of your OP jackclee?

      Is it that Pres. Obama doubled the debt, or that Pres. Trump is still increasing the debt, or that it is Congress's job to control the debt?

      GA

      1. jackclee lm profile image82
        jackclee lmposted 11 months agoin reply to this

        All of the above. The debt is a real crisis looming on all of us. It is so easy to let this just slide and kick the can down the road...
        I want to agree with all of the democats calling out Trump for raising the debt ceiling...
        I am against it and all Americans should hold their elected officials responsible. They are spending money that they don’t have at the expense of us and all future tax payers.

    2. Sychophantastic profile image87
      Sychophantasticposted 11 months agoin reply to this

      This is a liberal lie. President Trump has said he is reducing the national debt and he is. Don't believe everything you read.

      1. jackclee lm profile image82
        jackclee lmposted 11 months agoin reply to this

        How is he reducing the debt exactly?
        Last time I checked the debt clock, it is rising...

        1. Sychophantastic profile image87
          Sychophantasticposted 11 months agoin reply to this

          Open your eyes! You're being duped by the liberal media again. Who do you think runs the debt clock? It's the shadow government wanting us to believe that we all owe, owe, owe and are in debt forever. Don't be so gullible and stop believing everything the government tells you.

          1. wilderness profile image98
            wildernessposted 11 months agoin reply to this

            What are the correct figures for national debt, then?

          2. Sychophantastic profile image87
            Sychophantasticposted 11 months agoin reply to this

            I have two sources, one is a blogger who's inside the government and reports that the debt clock is a lie. The other is a news site that calculates that with President Trump's spending cuts, the national debt is going down. It's not a question of whether there's a debt, there is, but of whether it's going up or down. Since President Trump took office, it's been going down. He put a stop to most of the liberal programs that were pushing it up under Obama.

            The question on your side is who's giving you your information. Well, where do you get your information? It's big government. They're telling us we're all in massive debt and we need to pay off this debt. Who benefits?

            1. jackclee lm profile image82
              jackclee lmposted 11 months agoin reply to this

              You make a good point. I often wonder how this clock is made and what algorithm is used to compute these numbers. On the revenue side, it is very easy. The IRS has a good feel for the total taxes raised per year. On the expense side, it is much more difficult and as we all know, there are many government hidden programs that just don’t show up in public records. Still, I do believe with all these social programs which many does not have a cap, that we are spending more than we take in and that is the main contributing fact to the debt year over year. It may not be accurate in any specific year but over a longer period, it will be accurate, self correcting.
              Even if the acutual debt is not 20 trillion, it is pretty high.
              The only reason we can get away with it is because the US dollar is the key currency used around the globe. When that is no longer the case, the value of the dollar will drop like a rock.
              Mark my words.

              1. Sychophantastic profile image87
                Sychophantasticposted 11 months agoin reply to this

                You're just buying into the big lie everyone wants and NEEDS you to believe. See, the key here is that the government NEEDS you to believe it. Can you imagine what would happen if it were suddenly revealed that the government was actually taking in more money then it spent?

                1. jackclee lm profile image82
                  jackclee lmposted 11 months agoin reply to this

                  If that is the case, I welcome it. That means the debt will be shrinking.
                  I don’t know where you are going with this. If you are a conspiracy theorist, good luck.
                  You might as well hold up in a cabin somewhere.
                  Our givernment is not perfect by any means. That is why, as a conservative, I believe in a limited government.
                  However, we do need some basic functions from our government else there would be chaos.
                  That is why I am not a libertarian.

                  1. Sychophantastic profile image87
                    Sychophantasticposted 11 months agoin reply to this

                    I'm not going anywhere. I'm just asking why you choose to parrot what the government tells you?

  2. FatFreddysCat profile image98
    FatFreddysCatposted 11 months ago

    "The National Debt is climbing"

    So what else is new?
    In other shocking news: the sun is hot.  big_smile

    1. jackclee lm profile image82
      jackclee lmposted 11 months agoin reply to this

      I like to see a balanced budget amendment sometimes in the Trump administration, and term limits.

 
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