Whiskey Tango Foxtrot Posted June 13, 2019 Share Posted June 13, 2019 27 minutes ago, Zambroski said: Eazy peazy! It’s been raised like 20 something times since Clinton. I’m already used to it. Seriously. We're not even talking real numbers anymore. We are on the dark side of the moon, at this point. The best anyone can do, is to prepare properly for the best interests of their family. End of story. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted June 13, 2019 Share Posted June 13, 2019 5 hours ago, spin_dry said: https://www.cnsnews.com/news/article/terence-p-jeffrey/federal-spending-tops-3-trillion-through-may-first-time-deficit-hits Are you saying the Trump tax cut for the 1% worked the same way the Bush tax cuts for the 1%? Thats freaky who would have guessed that decreasing revenue and increasing spending would lead to higher deficits? must be fake news. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 13, 2019 Share Posted June 13, 2019 8 minutes ago, Whiskey Tango Foxtrot said: Seriously. We're not even talking real numbers anymore. We are on the dark side of the moon, at this point. The best anyone can do, is to prepare properly for the best interests of their family. End of story. I’d have to do the math but, i’m pretty sure the debt ceiling gets raised about every 18 months over the last 30 years with no way to cover. Imagine doing that in the real world. ”Welp, we needs more monies....let’s just spend it and figure it out later!!! Hooray!!” Quote Link to comment Share on other sites More sharing options...
Whiskey Tango Foxtrot Posted June 13, 2019 Share Posted June 13, 2019 10 minutes ago, Zambroski said: I’d have to do the math but, i’m pretty sure the debt ceiling gets raised about every 18 months over the last 30 years with no way to cover. Imagine doing that in the real world. ”Welp, we needs more monies....let’s just spend it and figure it out later!!! Hooray!!” Top 20 countries with the largest deficitEdit U.S. trade deficit (in billions, goods and services) by country in 2017 This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook.[1] Rank Country CAB (million US dollars) Year 1 United States -466,200 2017 EST. 2 United Kingdom -106,700 2017 EST. 3 India -51,210 2017 EST. 4 Canada -49,260 2017 EST. 5 Turkey -47,100 2017 EST. 6 France -36,770 2017 EST. 7 Australia -32,270 2017 EST. 8 Argentina -30,790 2017 EST. 9 Algeria -21,940 2017 EST. 10 Mexico -18,830 2017 EST. 11 Indonesia -17,290 2017 EST. 12 Egypt -15,380 2017 EST. 13 Lebanon -12,880 2017 EST. 14 Pakistan -12,440 2017 EST. 15 Colombia -10,360 2017 EST. 16 Brazil -9,762 2017 EST. 17 Oman -8,557 2017 EST. 18 South Africa -7,912 2017 EST. 19 Romania -7,298 2017 EST. 20 Ethiopia -6,551 2017 EST. Quote Link to comment Share on other sites More sharing options...
Whiskey Tango Foxtrot Posted June 13, 2019 Share Posted June 13, 2019 We're looking down the dark end of a tunnel, something serious has to change. I'm with @Polaris 550. As fucking loonies as that guy is, rude to boot. The USA is not going to survive without a revolutionary war, or?? The best you can do is prepare for your family financially and defensively. Just my opinion, what do I know! Quote Link to comment Share on other sites More sharing options...
frenchy Posted June 13, 2019 Share Posted June 13, 2019 11 minutes ago, Whiskey Tango Foxtrot said: Top 20 countries with the largest deficitEdit U.S. trade deficit (in billions, goods and services) by country in 2017 This is a list of the 20 countries and territories with the largest deficit in current account balance (CAB), based on data from 2017 est. as listed in the CIA World Factbook.[1] Rank Country CAB (million US dollars) Year 1 United States -466,200 2017 EST. 2 United Kingdom -106,700 2017 EST. 3 India -51,210 2017 EST. 4 Canada -49,260 2017 EST. 5 Turkey -47,100 2017 EST. 6 France -36,770 2017 EST. 7 Australia -32,270 2017 EST. 8 Argentina -30,790 2017 EST. 9 Algeria -21,940 2017 EST. 10 Mexico -18,830 2017 EST. 11 Indonesia -17,290 2017 EST. 12 Egypt -15,380 2017 EST. 13 Lebanon -12,880 2017 EST. 14 Pakistan -12,440 2017 EST. 15 Colombia -10,360 2017 EST. 16 Brazil -9,762 2017 EST. 17 Oman -8,557 2017 EST. 18 South Africa -7,912 2017 EST. 19 Romania -7,298 2017 EST. 20 Ethiopia -6,551 2017 EST. That’s your trade deficit. Quote Link to comment Share on other sites More sharing options...
Whiskey Tango Foxtrot Posted June 13, 2019 Share Posted June 13, 2019 7 minutes ago, frenchy said: That’s your trade deficit. Yes, I realize that. It's printed on the top of my copy/paste. I was posting it in a negative light. I think it's fucking ridiculous... I expressed that opinion once before the post you're referencing, posted statistics to back my opinion, then even followed up on it. 18 minutes ago, Whiskey Tango Foxtrot said: We're looking down the dark end of a tunnel, something serious has to change. I'm with @Polaris 550. As fucking loonies as that guy is, rude to boot. The USA is not going to survive without a revolutionary war, or?? The best you can do is prepare for your family financially and defensively. Just my opinion, what do I know! Are you soft or something? Quote Link to comment Share on other sites More sharing options...
Ez ryder Posted June 13, 2019 Share Posted June 13, 2019 The Congressional Budget Office (CBO) projects that interest payments will continue to grow rapidly, rising from $389 billion in fiscal year 2019 (the current fiscal year) to $914 billion in 2028. Overall, net interest costs will total nearly $7 trillion over the next decade.Nov 29, 2018 Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member steve from amherst Posted June 13, 2019 Platinum Contributing Member Share Posted June 13, 2019 5 hours ago, Ez ryder said: The Congressional Budget Office (CBO) projects that interest payments will continue to grow rapidly, rising from $389 billion in fiscal year 2019 (the current fiscal year) to $914 billion in 2028. Overall, net interest costs will total nearly $7 trillion over the next decade.Nov 29, 2018 that's disgusting Quote Link to comment Share on other sites More sharing options...
frenchy Posted June 13, 2019 Share Posted June 13, 2019 5 hours ago, Whiskey Tango Foxtrot said: Yes, I realize that. It's printed on the top of my copy/paste. I was posting it in a negative light. I think it's fucking ridiculous... I expressed that opinion once before the post you're referencing, posted statistics to back my opinion, then even followed up on it. Are you soft or something? Just don’t understand what trade deficit has to do with a conversation on your domestic deficit spending. Quote Link to comment Share on other sites More sharing options...
Edmo Posted June 13, 2019 Share Posted June 13, 2019 So which candidate for president is talking about deficit reduction? Candidates for Congress? Anyone? All I’m hearing about is billion dollar new programs. Quote Link to comment Share on other sites More sharing options...
f7ben Posted June 13, 2019 Share Posted June 13, 2019 12 minutes ago, Edmo said: So which candidate for president is talking about deficit reduction? Candidates for Congress? Anyone? All I’m hearing about is billion dollar new programs. That was Trump He lied Quote Link to comment Share on other sites More sharing options...
Anler Posted June 13, 2019 Share Posted June 13, 2019 14 minutes ago, Edmo said: So which candidate for president is talking about deficit reduction? Candidates for Congress? Anyone? All I’m hearing about is billion dollar new programs. 1 minute ago, f7ben said: That was Trump He lied Quote Link to comment Share on other sites More sharing options...
Edmo Posted June 13, 2019 Share Posted June 13, 2019 1 minute ago, f7ben said: That was Trump He lied Yep. And besides Rand Paul no one in washing seems to care. Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 13, 2019 Share Posted June 13, 2019 7 hours ago, Ez ryder said: The Congressional Budget Office (CBO) projects that interest payments will continue to grow rapidly, rising from $389 billion in fiscal year 2019 (the current fiscal year) to $914 billion in 2028. Overall, net interest costs will total nearly $7 trillion over the next decade.Nov 29, 2018 Lets not forget who brought our credit rating down....but it was just peachy at that time. Quote Link to comment Share on other sites More sharing options...
Edmo Posted June 13, 2019 Share Posted June 13, 2019 1 minute ago, racer254 said: Lets not forget who brought our credit rating down....but it was just peachy at that time. Sure. Blame Obama. Blame Trump. Does anyone really think running up the debt will change with a new president in 2020? Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 13, 2019 Share Posted June 13, 2019 6 minutes ago, Edmo said: Sure. Blame Obama. Blame Trump. Does anyone really think running up the debt will change with a new president in 2020? No, so I guess we can forget about that strawman argument. Tell that to the resident libs who want to keep pushing it. Quote Link to comment Share on other sites More sharing options...
Platinum Contributing Member Jimmy Snacks Posted June 13, 2019 Platinum Contributing Member Share Posted June 13, 2019 34 minutes ago, Edmo said: So which candidate for president is talking about deficit reduction? Candidates for Congress? Anyone? All I’m hearing about is billion dollar new programs. 21 minutes ago, f7ben said: That was Trump He lied Just now, racer254 said: No, so I guess we can forget about that strawman argument. Tell that to the resident libs who want to keep pushing it. Quote Link to comment Share on other sites More sharing options...
Zambroski Posted June 13, 2019 Share Posted June 13, 2019 21 minutes ago, Edmo said: Sure. Blame Obama. Blame Trump. Does anyone really think running up the debt will change with a new president in 2020? Nobody really cares about the deficit. It’s just political yelling fodder. Any attempt to cut spending is met with hostility from both sides. Quite frankly, I’ve just chosen not to care anymore. Nothing will change until we reach the bottom....and I mean full on bottom. Quote Link to comment Share on other sites More sharing options...
racer254 Posted June 13, 2019 Share Posted June 13, 2019 45 minutes ago, Zambroski said: Nobody really cares about the deficit. It’s just political yelling fodder. Any attempt to cut spending is met with hostility from both sides. Quite frankly, I’ve just chosen not to care anymore. Nothing will change until we reach the bottom....and I mean full on bottom. Yep, Maybe term limits and a maximum age would help this, but yet all the staff for these reps would remain in place. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted June 13, 2019 Share Posted June 13, 2019 The way the gov't runs - it's pretty much fucked. Quote Link to comment Share on other sites More sharing options...
1jkw Posted June 13, 2019 Share Posted June 13, 2019 1 hour ago, racer254 said: Lets not forget who brought our credit rating down....but it was just peachy at that time. The Congress by threatening not to raise the debt ceiling, look it up, that is the fact. 1 Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted June 13, 2019 Share Posted June 13, 2019 The only solution is to cut all spending. We cannot tax our way out of this cluster. Quote Link to comment Share on other sites More sharing options...
ford_428cj Posted June 13, 2019 Share Posted June 13, 2019 Quote A House Judiciary subcommittee will hold hearings on reparations next Wednesday, marking the first time in more than a decade that the House will discuss potentially compensating the descendants of slaves. “The Case for Reparations” author Ta-Nehisi Coates and actor Danny Glover are reportedly set to testify before the House Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties, and the hearing’s stated purpose will be “to examine, through open and constructive discourse, the legacy of the Trans-Atlantic Slave Trade, its continuing impact on the community and the path to restorative justice,” according to a Thursday Associated Press report. The June 19 hearing also “coincides with Juneteenth, a cultural holiday commemorating the emancipation of enslaved blacks in America.” Rep. Sheila Jackson Lee (D-TX), who sits on the subcommittee, again introduced H.R. 40 earlier this year to create a reparations commission. Jackson Lee said her bill would create a commission “to study the impact of slavery and continuing discrimination against African-Americans, resulting directly and indirectly from slavery to segregation to the desegregation process and the present day.” She added in January that the “commission would also make recommendations concerning any form of apology and compensation to begin the long delayed process of atonement for slavery.” “The impact of slavery and its vestiges continues to effect African Americans and indeed all Americans in communities throughout our nation,” Jackson Lee said. “This legislation is intended to examine the institution of slavery in the colonies and the United States from 1619 to the present, and further recommend appropriate remedies. Since the initial introduction of this legislation, its proponents have made substantial progress in elevating the discussion of reparations and reparatory justice at the national level and joining the mainstream international debate on the issues. Quote Link to comment Share on other sites More sharing options...
Sleepr2 Posted June 13, 2019 Share Posted June 13, 2019 Maybe stop giving money to other countries? Quote Link to comment Share on other sites More sharing options...
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