The US Debt Problem

[impulse]

22 hours ago, SiSePuede419 said:

And then the bank gives them a free toaster for opening up that big fat 5% interest savings account.

 

 I haven't seen a 5% bank savings account since I had a full head of hair.

[SiSePuede419]

59 minutes ago, impulse said:

 I haven't seen a 5% bank savings account since I had a full head of hair.

Just like your hair, Critical Race Theory isn't creating any problems.

 

Just think about all the money you're saving on haircuts.

 

And donations to Donald Trump to "win" dinner with him, which weirdly enough no one has actually won.  😄

[sqwakvfr]

3 hours ago, SiSePuede419 said:

You keep on ignoring my questions and not answering them.

True or False? Only Congress can pass laws.

True or False? Congress has been controlled by mostly Republicans for decades

True or False? Republicans in Congress have never attempted to simplify the tax code only talked about it 

 

Answers: T, T, T.  😭

When did any Democrat express an interest in Tax Reform without the tired old line of "Tax the rich  and make them pay their fair share".  This message is dead on arrival. When was the last time any Democrat expressed an interest in spending less?  There are two ways to reduce the debt because I don't see how 36 Trillion can be paid off in my lifetime:

 

 1. Reduce spending  

  2. Increase tax rates for all taxpayers.  This would include myself (I am in the lower middle class).

 

Of course these two things will never happen and the debt and interest will continue to grow. I did your questions.

 

  This is how any political party can pass just about any law.

 

1. Win the White House

2. Win  a majority in the Senate

3. Win a majority in the House

4. Pass and sign laws that will survive a Supreme Court Challenge.  Hmm, I wonder what the balance is in the current make up of the Supreme Court is? 

 

Essentially all this talk about the US Debt Problem is like spitting into the wind.  No elected politician is actually serious about spending less  and increasing taxes. This is beause the primary goal of any elected politician is to win the next election. 

 

 

[SiSePuede419]

2 minutes ago, SiSePuede419 said:

When was the last time any Democrat expressed an interest in spending less?

Partisan liars don't care about facts.

They will churn out more lies "Gish gallop" and shovel out more biased questions that if you answer honestly it makes them look ignorant and foolish. ✅

 

Bill Clinton (1990s): Under Clinton, the federal government ran a budget surplus for several years. His administration focused on deficit reduction, partly through the 1993 Omnibus Budget Reconciliation Act, which included spending restraint and tax increases.

 

Barack Obama (early 2010s): During the push to recover from the Great Recession, Obama supported stimulus spending, but later backed spending cuts in negotiations with Republicans—like the 2011 Budget Control Act, which imposed caps on discretionary spending (a.k.a. the "sequester").

 

Joe Biden (recent years): While the Biden administration has passed major spending bills (like the Inflation Reduction Act), it has also claimed deficit reduction—for example, in 2022, the White House pointed to a $1.4 trillion drop in the federal deficit from the previous year, largely as COVID-era emergency spending tapered off.

 

 

Individual moderate or fiscally conservative Democrats (like Sen. Joe Manchin or former Rep. Stephanie Murphy) have also pushed back on large spending proposals, advocating for smaller packages or more targeted spending.

 

So, while Democrats often prioritize different areas of spending than Republicans, there are moments where they’ve advocated cutting or restraining spending—especially when deficits or debt become politically salient.

[sqwakvfr]

31 minutes ago, SiSePuede419 said:

Partisan liars don't care about facts.

They will churn out more lies "Gish gallop" and shovel out more biased questions that if you answer honestly it makes them look ignorant and foolish. ✅

 

Bill Clinton (1990s): Under Clinton, the federal government ran a budget surplus for several years. His administration focused on deficit reduction, partly through the 1993 Omnibus Budget Reconciliation Act, which included spending restraint and tax increases.

 

Barack Obama (early 2010s): During the push to recover from the Great Recession, Obama supported stimulus spending, but later backed spending cuts in negotiations with Republicans—like the 2011 Budget Control Act, which imposed caps on discretionary spending (a.k.a. the "sequester").

 

Joe Biden (recent years): While the Biden administration has passed major spending bills (like the Inflation Reduction Act), it has also claimed deficit reduction—for example, in 2022, the White House pointed to a $1.4 trillion drop in the federal deficit from the previous year, largely as COVID-era emergency spending tapered off.

 

 

Individual moderate or fiscally conservative Democrats (like Sen. Joe Manchin or former Rep. Stephanie Murphy) have also pushed back on large spending proposals, advocating for smaller packages or more targeted spending.

 

So, while Democrats often prioritize different areas of spending than Republicans, there are moments where they’ve advocated cutting or restraining spending—especially when deficits or debt become politically salient.

Partisan Liars? I do not label or call people names. What about you? Total Debt and annual deficits are two different things. Of course running annual deficits will contribute to the overall debt.  A 1.4 Trillion drop in the budget deficit still meant the goverment ran a budget deficit and contributed to the overall debt.  This does even make sense to you.  

Of course 9-11, Iraq and A-stan wars came after Clinton left office.  These three events contributed to the debt.  Two of these were unavoidable.  The Debt is mostly a math problem.  But when it comes to politics math and logic are secondary.  

As for target spending, have you actually seen some of the items inserted in spending bills? 

[SiSePuede419]

1 hour ago, sqwakvfr said:

Of course running annual deficits will contribute to the overall debt

Duh.

 

This is why I come here.

 

For so much wisdom that I can't get outside of elementary school.

 

Next, tell us which Republican President didn't run an annual deficit and began paying down the debt?

 

"None, in my lifetime"

 

Which Democrat President didn't run a deficit and began paying down the debt?

 

Bill Clinton.

 

Now <deleted> about Democrats not caring about the debt or less deficit spending.

😭

[sqwakvfr]

1 hour ago, SiSePuede419 said:

Duh.

 

This is why I come here.

 

For so much wisdom that I can't get outside of elementary school.

 

Next, tell us which Republican President didn't run an annual deficit and began paying down the debt?

 

"None, in my lifetime"

 

Which Democrat President didn't run a deficit and began paying down the debt?

 

Bill Clinton.

 

Now <deleted> about Democrats not caring about the debt or less deficit spending.

😭

So you I am still a Partisan liar?  If so prove it.  Which side so I lean? What exactly do you know about me based upon some comments on this forum? The answer is almsot nothing. I do not know who or what you are.  Nor do I care to ever find out.

[nauseus]

2 hours ago, SiSePuede419 said:

Duh.

 

This is why I come here.

 

For so much wisdom that I can't get outside of elementary school.

 

Next, tell us which Republican President didn't run an annual deficit and began paying down the debt?

 

"None, in my lifetime"

 

Which Democrat

 

 

Bill Clinton.

 

Now <deleted> about Democrats not caring about the debt or less deficit spending.

😭

 

Clinton managed a small surplus late in his term but the debt still increased every year.

[sqwakvfr]

2 hours ago, SiSePuede419 said:

If you forgot your question already, see your Doctor.

 

If you're too lazy to look up and see your own question and you just hit reply, then you're a troll

 

Ok. I am also a troll.  Thanks and "yes we can".  I get it. I have heard that sayiing in Spanish many times over the years.  Mostly while I was part of a riot control team in LA.  Were you ever part of a protest in LA in the past?  

[placeholder]

3 hours ago, nauseus said:

 

Clinton managed a small surplus late in his term but the debt still increased every year.

What's relevant is that GDP grew at a faster rate so the debt was less of a burden. Then George W. Bush massively cut taxes twice and the debt began to rocket upwards.

[sqwakvfr]

10 hours ago, placeholder said:

What's relevant is that GDP grew at a faster rate so the debt was less of a burden. Then George W. Bush massively cut taxes twice and the debt began to rocket upwards.

What about the spending to keep the Iraq and Afghan wars going at the same time? I was deployed to both areas and we were literally throwing money out in both placss.  I was told by a Colonel that anwywhere between 1 to 2 Billion per month in A-stan and at a minium 5 Billion per month in Iraq.  My unit had a USAID guy attached to us and his mission was to help Afghan locals build schools and in the end he gave away bags of $100 dollar bills to local leaders and declared "mission accomplished".  An accurate cost to fund both wars will probably never be accomplished.  I think it will be in the trillions and definitely added to the national debt.  At this point 36 Trillion and still growing and no plan to address it.  

[placeholder]

2 minutes ago, sqwakvfr said:

What about the spending to keep the Iraq and Afghan wars going at the same time? I was deployed to both areas and we were literally throwing money out in both placss.  I was told by a Colonel that anwywhere between 1 to 2 Billion per month in A-stan and at a minium 5 Billion per month in Iraq.  My unit had a USAID guy attached to us and his mission was to help Afghan locals build schools and in the end he gave away bags of $100 dollar bills to local leaders and declared "mission accomplished".  An accurate cost to fund both wars will probably never be accomplished.  I think it will be in the trillions and definitely added to the national debt.  At this point 36 Trillion and still growing and no plan to address it.  

I don't see what your comment  has to do with the fact that the economy was growing faster than debt when when Bush took office. Except if your point is to show how he made the budget deficit worse. Certainly, whatever hopes America might have had for some sort of permanent improvement in Afghanistan vanished when Bush pivoted to Iraq via fake claims that the Iraqis were behind 9/11. And that pivot to Iraq was very costly. Still, it was his massive tax cuts, remain a far more potent cause of the budget deficit. And now Trump is engaged in pushing for more of the same. As though the consequences of his last tax cut are immaterial.

[metisdead]

An off topic troll post has been removed.

[sqwakvfr]

3 hours ago, placeholder said:

I don't see what your comment  has to do with the fact that the economy was growing faster than debt when when Bush took office. Except if your point is to show how he made the budget deficit worse. Certainly, whatever hopes America might have had for some sort of permanent improvement in Afghanistan vanished when Bush pivoted to Iraq via fake claims that the Iraqis were behind 9/11. And that pivot to Iraq was very costly. Still, it was his massive tax cuts, remain a far more potent cause of the budget deficit. And now Trump is engaged in pushing for more of the same. As though the consequences of his last tax cut are immaterial.

My point was tax cuts alone were not the driver of the deficts during Bush I and II.  After 9-11 the US Governmet went on massive spending spree.  DHS (Department of Homeland Security) was created in 2002 and this lead to more massive spending. The official reason for all this massive spending to "Fight the war against terror".  I still don't understand what this actually meant. 

[SiSePuede419]

On 4/19/2025 at 5:04 PM, nauseus said:

Clinton managed a small surplus late in his term but the debt still increased every year.

How to say you have no idea what the word surplus means without saying you have no idea what the word surplus means. 👍

[nauseus]

1 hour ago, SiSePuede419 said:

How to say you have no idea what the word surplus means without saying you have no idea what the word surplus means. 👍

 

You don't really seem to know how to say much of anything really. As in, you seem to be surplus to requirements.

[metisdead]

Some baiting troll posts and the replies have been removed.

[SiSePuede419]

1 hour ago, nauseus said:

You don't really seem to know how to say much of anything really. As in, you seem to be surplus to requirements.

You avoided telling us what surplus means and how it's possible to run a surplus and not pay down the deficit, which is physically impossible.

 

Except if you are crazy or mentally ill.

 

Then I guess whatever you claim is 100% possible.

 

It's called delusions.

 

Man, Trump supporters are carrying a heavy burden, folks. 

 

They're like homeless people pushing around shopping carts, but instead of cool possessions, they're just Russian talking points.

 

They think they got it all.

 

Just ask 'em. 

 

They'll spew out the KGB Firehose of Falsehoods.

[nauseus]

24 minutes ago, SiSePuede419 said:

You avoided telling us what surplus means and how it's possible to run a surplus and not pay down the deficit, which is physically impossible.

 

Except if you are crazy or mentally ill.

 

Then I guess whatever you claim is 100% possible.

 

It's called delusions.

 

Man, Trump supporters are carrying a heavy burden, folks. 

 

They're like homeless people pushing around shopping carts, but instead of cool possessions, they're just Russian talking points.

 

They think they got it all.

 

Just ask 'em. 

 

They'll spew out the KGB Firehose of Falsehoods.

 

Maybe Billy Jeff spent the surplus on  a new dress for Monica? And a make-up gift for Hilary?

 

It wasn't much, after all. 

[SiSePuede419]

6 hours ago, nauseus said:

Maybe Billy Jeff spent the surplus on  a new dress for Monica? And a make-up gift for Hilary?

 

It wasn't much, after all. 

The reason Republicans can't admit the Truth?

 

Because

no Republicans

have ever

had a balanced budget,

ran surpluses

and started

to pay down the debt.

 

Like Bill Clinton actually did.

 

Admitting the Truth would make Republicans feel

 

 

foolish,

gullible

and

used.

 

AWWW, POOR BABIES

 

BINGO. 😭

[SiSePuede419]

On 4/14/2025 at 3:32 PM, bannork said:

Stephen Miran, chair of Trump's council of economic advisers, proposed the 'Mar-a-Lago accord', a plan whereby foreign governments would be 'persuaded' into trading in the Treasuries they currently hold for much longer dated US debt, with maturities of up to 100 years.

How's supporting Trump working out for you Racists and Bigots? 

    --Xi, Like a Boss 😭

 

 

[SiSePuede419]

On 4/19/2025 at 1:37 PM, sqwakvfr said:

Partisan Liars? I do not label or call people names. What about you? Total Debt and annual deficits are two different things. Of course running annual deficits will contribute to the overall debt.  A 1.4 Trillion drop in the budget deficit still meant the goverment ran a budget deficit and contributed to the overall debt.  This does even make sense to you.  

Of course 9-11, Iraq and A-stan wars came after Clinton left office.  These three events contributed to the debt.  Two of these were unavoidable.  The Debt is mostly a math problem.  But when it comes to politics math and logic are secondary.  

As for target spending, have you actually seen some of the items inserted in spending bills? 

What is a Gish Gallop? 

A long string of lies. 

Everything here is just another lie. 

Won't bother to address any of them because they'll just respond with another GG.

Standard Russian Propaganda method.

Busted, KGB agent #65376 🤓

 

[SiSePuede419]

Me: How much did Donald Trump run budget surpluses every year and pay down the debt like a fiscal conservative would do?

 

ChatGPT: Donald Trump did not run budget surpluses during his presidency, nor did he reduce the national debt.

 

Federal Budget Deficits Under Trump (approximate figures):

2017: $665 billion

2018: $779 billion

2019: $984 billion

2020: $3.1 trillion (pandemic year)

2021: $2.8 trillion (partially his budget; Biden took office in January)

 

Total deficit added during Trump’s time: Around $7.8 trillion to the national debt.

 

National Debt:

At the start of Trump’s presidency (Jan 2017): ~$19.9 trillion

At the end (Jan 2021): ~$27.8 trillion

 

That’s an increase of about $7.9 trillion, the third-largest increase in U.S. history in dollar terms, behind George W. Bush and Barack Obama.

 

Fiscal Conservatism?

Despite campaigning as a fiscal conservative, Trump:

* Signed a major tax cut in 2017 (TCJA) that reduced federal revenue.

* Increased military spending and maintained most domestic spending.

" Did not propose or enforce substantial spending cuts.

 

ChatGPT is "artificial intelligence", or basically crowd sourced information.

 

The response to this from butthurt conservatives who feel bad because they're been exposed for liars?

 

"Natural Stupidity" --The most dangerous and destructive force known to mankind.

 

Truly impressive.  Salute 🫡 

 

 

[sqwakvfr]

3 hours ago, SiSePuede419 said:

What is a Gish Gallop? 

A long string of lies. 

Everything here is just another lie. 

Won't bother to address any of them because they'll just respond with another GG.

Standard Russian Propaganda method.

Busted, KGB agent #65376 🤓

 

Again,  why am I a Partisan liar?  It is no longer KGB. It is now the FSB.