US debt crosses $40 trillion

@wildgrass said
Err, I got the numbers and facts from your link, boss.

Republican presidents always make the problem worse over their terms, while Democrats always make the problem better. That's been the case since Reagan. Every single time.

Biden made things ‘better!’!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
!!!!!!! Better !!!!!!!!!!!!!’mmm {##%^^%%%#%**#%^^%^*%^%%%#^*+

@wildgrass said
I mean, I think its relevant to ask what the current ruling adminstration's plans are rather than the minority party? Or are they just shirking responsibility again?

The worst leaders are the ones who just blame others for all their problems.

What is democrats plan?

@Mott-The-Hoople said
What is democrats plan?

Raise taxes on the rich to pay for the deficit.

@Mott-The-Hoople said
learn how to read a graph

"Important context: Presidents do not solely control federal spending. Congress sets budgets and tax policy, economic conditions affect revenues, and many spending obligations are inherited from prior administrations. This data measures debt changes during a presidency, not debt changes caused by a presidency.

Both dollar amounts and pe ...[text shortened]... ase was enormous in the 1980s but relatively modest by 2020s standards due to the much larger base."

Of course Trump apologists would say this.

@Mott-The-Hoople said
Why are liberals so vulgar? Dayyuuummm

What is truly vulgar is what you visigoths are doing to America.

@wildgrass said
Raise taxes on the rich to pay for the deficit.

When that money is gone then what?

Your idea is not sustainable

@Mott-The-Hoople said
When that money is gone then what?

Your idea is not sustainable

What do you think Bezos is going to go broke in 30 years? Or Elon Musk?

@Mott-The-Hoople said
When that money is gone then what?

Your idea is not sustainable

We are comparing one potential solution to this problem to... nothing.

What's the Republican's alternative plan?

@wildgrass said
We are comparing one potential solution to this problem to... nothing.

What's the Republican's alternative plan?

Invest in manufacturing, bring jobs back that democrats allowed to go to other countries.

You can take the rich mans money, that’s a one time deal. Or you can give the rich man a break and create more jobs that produce a steady stream of tax money.

I think even a cave man could see that, or, maybe not

@Mott-The-Hoople said
Invest in manufacturing, bring jobs back that democrats allowed to go to other countries.

You can take the rich mans money, that’s a one time deal. Or you can give the rich man a break and create more jobs that produce a steady stream of tax money.

I think even a cave man could see that, or, maybe not

You still want to give tax dollars to people who are already rich and hope the government gets back a cut? Trickle down economics was proven a myth in the 1980s.

This is why Republicans are so bad on the deficit. They spend and spend and hope it returns higher tax receipts to cover the losses but it never does. Now after balancing the budget in 1999 we're $40 trillion in debt.

Thanks. Your plan sucks.

@wildgrass said
You still want to give tax dollars to people who are already rich and hope the government gets back a cut? Trickle down economics was proven a myth in the 1980s.

This is why Republicans are so bad on the deficit. They spend and spend and hope it returns higher tax receipts to cover the losses but it never does. Now after balancing the budget in 1999 we're $40 trillion in debt.

Thanks. Your plan sucks.

Who is giving tax dollars to the rich?

@Mott-The-Hoople said
Who is giving tax dollars to the rich?

Reducing the tax burden on the rich such that an enormous amount of tax revenue is no longer collected from the rich, having more than a trillion dollar negative effect on the budget balance, is effectively the same as giving tax dollars to the rich.

@Mott-The-Hoople said
Who is giving tax dollars to the rich?

Investing in job growth means giving rich people money. You're also undertaxing the rich which gives them more money and is why debt is so high.

@kmax87 said
Reducing the tax burden on the rich such that an enormous amount of tax revenue is no longer collected from the rich, having more than a trillion dollar negative effect on the budget balance, is effectively the same as giving tax dollars to the rich.

not even close...your bud got caught up in a lie...that is all

@wildgrass said
Investing in job growth means giving rich people money. You're also undertaxing the rich which gives them more money and is why debt is so high.

"Investing in job growth means giving rich people money"

no it doesnt