Wednesday, October 28, 2020

Trump and the National Debt

I am frustrated that this topic never showed up in the debates.

One would think that the media and DEMs would want to remind the voters that most of Trump's "economic success" was stolen from our kids...  I mean it is easy to grow an economy if you cut taxes, increase spending and borrow TRILLIONs.

Some simple math: $1,000,000,000,000 / 330,000,000 = 

$2,778 / citizen (man, woman and child) or

maybe about $8,334 / household.

And Trump's government has stolen 8 times that from our kids...

(ie $22K per person, $66K per household)

No wonder current citizens feel wealthier and the economy boomed, they avoided paying a ton of bills and put it on the plastic.

How did we become so selfish as a people? :-(

12 comments:

John said...

Then there are the lies about what paying our bills will cost.

Anonymous said...

It's the hypocrisy thing. No one cares about the national debt. To get out of this mess we are going to have to spend a lot of money. Otherwise our children won't have a future to steal. The reality we are looking at is that if along with a Biden win, Democrats do not win the senate, Republicans will do everything they can do to wreck the country to set themselves up for election victories in 2022 and 2024. That threat remains their most effective tactic now, and Democrats don't really want to remind people of that.

--Hiram

John said...

Why wouldn't the DEMs want to warn people about that?


And the DEMs sure drug their feet on passing extra stimulus this Fall.
Likely for political gain.

Both parties suck... :-)

Anonymous said...

Why wouldn't the DEMs want to warn people about that?

Because it's such an effective threat. The temptation for many voters is just to give in, give the Republicans what they want.

And the DEMs sure drug their feet on passing extra stimulus this Fall.

Did we not pass it? In any event, Democrats had legislation, Republicans did not. This is a curious thing about Republicans generally. They don't put legislations together. They don't have bills. They have been griping about Obamacare for a decade now, but never once put a bill on the table of their own, not even when they controlled all three branches of government. What do they do with their time?

==Hiram

Anonymous said...

"And the DEMs sure drug their feet on passing extra stimulus this Fall."

The House passed the HEROES Act in May.

Moose

John said...

Seems to me that screaming

"Republicans will do everything they can do to wreck the country to set themselves up for election victories in 2022 and 2024."

May help attract DEM voters. Maybe?



Passing something that is unacceptable to both teams is still failure...

Now why the did Nancy and Mnuchin not come to an agreement?

My guess is that Nancy thought it was better for the DEMs and worse for the GOP.

Anonymous said...


Now why the did Nancy and Mnuchin not come to an agreement?


I think it is because Trump employs a "difficult negotiator" strategy. He is evasive about his own goals, uses his negotiator as a cutout, and finds it difficult to pull the trigger on a deal. Trump's attitude toward agreements is mostly to walk away from them.

--Hiram

John said...

Maybe...

I think Pelosi and McConnel were playing politics...

Anonymous said...

I think the Democrats were actively working for the Country and its people.

You can't say that about McConnell and Republicans.

Moose

John said...

I am not sure that I consider borrowing TRILLIONs of dollars to bail out people and states that did not save for a rainy day is necessarily working for the people.

I am not sure how our society got to the point that everyone seems reliant on Federal bailouts all the time?

Anonymous said...

I am not sure how our society got to the point that everyone seems reliant on Federal bailouts all the time?

Electing a guy who couldn't keep us safe was a factor.

--Hiram

John said...

Oh come now... We have been like this long before Trump.