Thank you stable genius Donald Trump ... Powell: U.S. debt is 'on unsustainable path,' ...

Discussion in 'Politics' started by Denizen, Nov 13, 2019.

  1. Denizen
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    Denizen Gold Member

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    "The debt is growing faster than the economy and that is unsustainable," Powell said.

    That is evident to all rational people who are hoping the US Administration has more policies than Ivanka dreaming up 16 million jobs that will never exist.

    The horse has bolted and debt is accelerating. The stable genius can't even find the stable door with both hands.

    The US economy is on a path to a recession when debt is rising at around 2.5x GDP growth. Every announcement of a GDP increase will herald a 2.5x GDP growth increase in debt.

    The stable genius is wallowing helplessly while his world collapses and the US economy craters.

    Interest rates: Powell tells Congress federal debt is 'unsustainable'

     
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  2. TheGreatSatan
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    TheGreatSatan Gold Member

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    Meanwhile Democrats want to spend 50 trillion dollars on healthcare for all including any foreign national that makes it to America, paid for by Americans.

    Sounds like a bad idea if the country is broke.
     
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  3. Lumpy 1
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    Lumpy 1 Diamond Member Supporting Member

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    A Democrat worried about running up the national debt... :laughing0301:
     
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  4. okfine
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    okfine VIP Member

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    Thank the 63 Million who voted him into office. It's all their fault.
     
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    Last edited: Nov 14, 2019
  5. SmokeALib
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    SmokeALib Gold Member

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    U.S. debt is only bad when a Republican is in office.
     
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  6. longknife
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    longknife Diamond Member

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    And who increased it $9 TRILLION during his 8 years?
     
  7. DOTR
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    DOTR Gold Member

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    You don’t understand. He’s a liberal. He doesn’t think Donald Trump spends too much...he thinks Donald Trump taxes too little.

    D29FFE1F-D78C-4EAC-A3ED-FB4D29B0104D.jpeg
     
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  8. MACAULAY
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    MACAULAY Platinum Member

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    The Debt has been unsustainable for so long, nobody pays any attention to it. The common understanding in that Shithole Washington D. C. between both the Bolsheviks and the Pussies (Democrats and Republicans)--is that no one ever got beat running for re-election by spending too much money.

    That kind of thinking is what is unsustainable, and nothing will change it until it crashes out---which has been coming for a long long time---just nobody knows when. Both Bolsheviks and Pussies just hope it won't be before their next re-election.

    A large part of Trump's deficit is paying interest on the massive tab run up by the Bolshevik Obama.

    And now the liar and fool Pocahontas wants to spend another 50 trill in part on opening our borders and giving health insurance to everyone in the whole world who quickly rushes in. Why? Because they will vote Democrat!

    Everybody in the Washington D. C. establishment is either a pimp or a whore---that is what is really unsustainable.
     
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    Last edited: Nov 14, 2019
  9. wamose
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    wamose Gold Member

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    Both parties better pull their heads out of their asses and cut spending soon. Unfortunately, I think the best chance of that happening is in Trump's second term. A little help from Democrats would help but that's unlikely since they seem to be infatuated with idiotic spending plans like the Green deal, free education and Medicare for all.
     
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    Last edited: Nov 14, 2019
  10. Golfing Gator
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    unless you are talking to Repub then it is only bad when a Dem is in office.

    there is no difference between you two groups.
     
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