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Trump has added 2 trillion to our national debt in two years.

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posted on Jan, 3 2019 @ 10:15 AM
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There are 2 choices for the USA, we can continue to raise interest rates, raise taxes & try to start paying off the debt (right now we can't even pay the interest on the debt) & have real estate and stock market prices crash throwing us into another great depression or we can continue to borrow money from the future so we can try to maintain our standard of living until we have more hyperinflation of the money supply (Quantatative Easing), which will lead to higher prices which no one can afford, crashing real estate and stock market prices, throwing us into another great depression. We are in a catch 22 situation regarding debt and the economy. A debt crisis can't be solved with more debt. Eventually, it will all come crashing down & we will again become responsible for our actions, both individually & collectively. This was all caused by congress ignoring the constitution & not doing their jobs regarding the regulation of weights and measures of money (Gold & Silver) & by congress allowing the counterfeiting of money by the Federal Reserve Bank. Congress is supposed to stop people from counterfeiting money not promote it. We have not seen free maket capitalism since 1912 before the Federal Reserve Bank was established. This in conjunction with rewarding irresponsible too big to fail corporations (banks, insurance companies & automobile manufacturers) & individuals (banksters, single parents & welfare recipients) for acting irresponsibly will cause the collapse of western civilization.

Trump is doing everything in his power to help keep things going as best as he can without having the economy crash on his watch but in this catch 22 situation there's almost nothing he can do. He's already lowered eveyone taxes. He's already helped make gas prices cheaper. He has put a freeze on federal government new hires. He's eliminated pay raises for civilian federal employees in 2019. He's instated a government shutdown until he can get funding to continue upgrading the wall (illegal immigration costs U.S. taxpayers more than 115 billion dollars annually). He's already appointed many judges who respect and promise to uphold the U.S. constitution. He's doing the best he can to keep things going as long as he can. He's had experience with bankruptcies, so he's familiar with the workings of bankrupt corporations like the U.S. government & can lessen the blow once the economy crashes and we default on our debts & hopefully reinstate our gold/silver backed dollar or at least a currency backed by something of value vs nothing of value.
edit on 3-1-2019 by JBIZZ because: (no reason given)




posted on Jan, 3 2019 @ 10:36 AM
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originally posted by: Sublimecraft
a reply to: soundguy


Trump has added 2 trillion to our national debt in two years.


What? All on his own? BJebus, what in the living fluck did he spend 2 trillion dollars on such that we are now just learning about this?

Wow, I vote that we execute him, and his family, in public, at noon, this Wednesday, live streamed, on YouTube.


Spoken like a true Trumptard. Had it been any democrat politician than your post would be totally different.
We know your head is so far up Trumps ass Sally, you don't have to prove it in every post



posted on Jan, 3 2019 @ 11:13 AM
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a reply to: ErrorErrorError

And we know you're an angry and bitter individual that seems to be stuck in perpetual rage, please do continue proving it with every post, I enjoy it.



posted on Jan, 3 2019 @ 11:35 AM
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It’s worth noting the tRumps stock market crash continues. How are those tariffs working out for you MAGAts?

money.cnn.com...



posted on Jan, 3 2019 @ 11:36 AM
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I don't know what all the fuss is about, his overdraft should cover that 👍🏻



posted on Jan, 3 2019 @ 11:52 AM
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originally posted by: whargoul

originally posted by: soundguy
Are you tired of winning yet? In two short years the trump and the republicans (the party of conservative thinking, lol) have added a staggering two trillion to our national debt. I wonder if his fellow MAGAts remember the lie about eliminating the debt within 8 years. I wish someone could explain to me what it is about right wing types that they would rather believe a lie than face reality?

www.weeklystandard.com...

www.newsweek.com...

thehill.com...




The answer to your last question is super easy. They are brainwashed by the fear mongers. Conservatism is a fear based system, buncha cowards.


This coming from the people who have literally been screaming for 3 years that Trump will destroy the world. Classic!



posted on Jan, 3 2019 @ 12:02 PM
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originally posted by: soundguy
It’s worth noting the tRumps stock market crash continues. How are those tariffs working out for you MAGAts?

money.cnn.com...


Funny how Trump's stock market as you say can crash and recover above the level they were during Obama's years. It's still sitting about 14% higher than the highest point during Obama's entire 8-year presidency.
edit on 3-1-2019 by Middleoftheroad because: (no reason given)



posted on Jan, 3 2019 @ 02:01 PM
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originally posted by: CalibratedZeus
Obama added 10 trillion in 8 years.






first post

but obama

lame




posted on Jan, 3 2019 @ 02:23 PM
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a reply to: soundguy

It's not Trump's fault. The Federal Reserves fiat money guarantees the American people and government will never get of debt. It's impossible by design:



But president Lincoln showed the country the solution during the civil war. But every president that has gone against the Fed has been assassinated:

"During the Civil War (1861-1865), President Lincoln needed money to finance the War from the North. The Bankers were going to charge him 24% to 36% interest. Lincoln was horrified and went away greatly distressed, for he was a man of principle and would not think of plunging his beloved country into a debt that the country would find impossible to pay back."

"Eventually President Lincoln was advised to get Congress to pass a law authorizing the printing of full legal tender Treasury notes to pay for the War effort. Lincoln recognized the great benefits of this issue. At one point he wrote: "
"(we) gave the people of this Republic the greatest blessing they have ever had – their own paper money to pay their own debts..."

"The Treasury notes were printed with green ink on the back, so the people called them "Greenbacks". "

"Lincoln printed 400 million dollars worth of Greenbacks (the exact amount being $449,338,902), money that he delegated to be created, a debt-free and interest-free money to finance the War. It served as legal tender for all debts, public and private. He printed it, paid it to the soldiers, to the U.S. Civil Service employees, and bought supplies for war.
Shortly after that happened, The London Times printed the following: "If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of the civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed, or it will destroy every monarchy on the globe."

Our fiat currency and the Federal Reserve system guarantee our country will always be in debt and never get out of debt. Will will always be slaves as long as fiat currency exists. Every president that has created interest free money in this country by getting the Treasury Department to print legal tender has been assassinated.

"Give me control of a nation's money supply, and I care not who makes it’s laws". Mater Amschel Rothschild



posted on Jan, 3 2019 @ 03:35 PM
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Since congress controls the purse strings, I am curious to see how the next two years plays out vs the last two years. Especially since Pelosi wants 54 BILLION for foreign aid. Yes, yes, that is just a drop in the bucket. Eventually though, those drops accumulate to be the mass of content within the bucket.



posted on Jan, 3 2019 @ 04:04 PM
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Soundguy isn't wrong, in point of fact, he's spot on.

Two trillion in additional debt isn't a good thing. It wasn't when Obama did it, with the aid of Congress, and it certainly isn't now.

That he ignores Obama's profligate spending is quite beside the point.



posted on Jan, 3 2019 @ 04:08 PM
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a reply to: iplay1up2

How does a trump supporter justify, explain, deflect this?



posted on Jan, 3 2019 @ 04:08 PM
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originally posted by: conspiracy nut
a reply to: iplay1up2

How does a trump supporter justify, explain, deflect this?


easy

but what about



posted on Jan, 3 2019 @ 04:16 PM
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a reply to: TomLawless

Its hypocritical but it isn't necessarily wrong.

We have a spending problem and Trump isn't doing too much about it.

At least not publicized efforts. I do know that his deregulation efforts are making a dent, but it's surface level. Nickle and diming through deregulation won't help much in the long run. We need to cut trillions not millions or billions.
edit on 3 1 19 by projectvxn because: (no reason given)



posted on Jan, 3 2019 @ 04:19 PM
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a reply to: seagull

You are both correct but the simple fact is not many want to actually fix the spending problem in DC, even with tax cuts we are taking in record or near record amounts of money and congress has no idea how to balance a budget.

When neither party can control their spending, and the majority of people will still vote for them then not many are interested in actually fixing the problem.



posted on Jan, 3 2019 @ 04:34 PM
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a reply to: Irishhaf

I know they don't.

Money quite literally grows on trees inside the beltway. While outside it, it doesn't. They quickly forget that when elected.



posted on Jan, 3 2019 @ 04:37 PM
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a reply to: TinySickTears

What, you mean he didn't???

Seems to me, I recall differently... Mandela effect??



Doesn't excuse Trump, but it did happen. Bush did, too, doesn't excuse Obama.

But it is worth mentioning, is it not??



posted on Jan, 3 2019 @ 04:38 PM
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a reply to: projectvxn

Yeah, I agree. It's one thing about Trump that's been disappointing. I do think it starts with drawing down our international involvement. It's going to move things in a positive direction. Not shooting at each other is cheap.



posted on Jan, 3 2019 @ 04:40 PM
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originally posted by: seagull


But it is worth mentioning, is it not??


mentioning, yes
deflecting to that and away from trump, no



posted on Jan, 3 2019 @ 04:43 PM
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a reply to: seagull

If you want to bring it up then we can talk about the reasons his deficit increased rather than just saying Obama owns it. In the meantime this thread was about Trump and not Obama. You can directly correlate Trump policies (Reduced taxes, increased spending) to the rise in the deficit. That is what this thread is about, but whenever someone tries to hold a conversation about something of this nature the thread devolves into the right deflecting and saying 'BUT OBAMA' or 'BUT HILLARY' or '4d Chess', or 'But the stock market when massively up and Trump gets credit' or something completely unrelated to the matters at hand.

Not one person in here has addressed the nature of the corporate tax law changes that have reduced the amount of money that we brought in. Remember this was going to stimulate the economy and 'trickle down' into pay raises. Meanwhile the stock market was inflated due to record stock buy backs by the companies that received the tax breaks. This inflation is now getting corrected and really shouldn't be sparking the massive 'concerns' that many people on the left want to beat in. It is a natural cycle. Most corporations not impacted by Trumps silly China trade war are still doing fairly well.



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