[jpl]

Obama has contributed more publicly held debt to our poor country in less than six years than all the previous presidents combined! God help us all, as his plan to fundamentally transform America is proceeding even faster than any of us could have expected.

[entropy12]

Since all spending bills originate in the House of Reps,
Congress is equally to blame. Like all superpowers in history,
this country will fall into the abyss with excessive debt and
excessive spending for non-productive causes such as welfare.

[Starboard]

And we’re going straight to $20T. Nothing is going to stop us now. We’re Number One! Biggest spenders on earth!

Future generations of Americans are going to have a massive debt burden or massive inflation. Maybe both.

We are on the road to destruction.

[a fool in paradise]

$18,000,000,000,000.00 #PRESIDENTZERO

[nascarnation]

The party will continue until the markets puke up the fake money.

The party has gone on far longer than I ever thought possible.

[griswold3]

Exponents
The Fed said they were prepared to raise interest rates around June 2015. Just how much will have to be collected just to cover the debt’s interest payments? That’s one of the reasons we’ll never gain escape velocity from this never ending recession. Those who understand how to create value have a bullseye on their back.
Anyone believing that we can come out of this in one piece is delusional.

[Conscience of a Conservative]

Obama has contributed more publicly held debt to our poor country in less than six years than all the previous presidents combined

Unfortunately, this is a problem that goes far, far beyond 0bama. The rate at which the debt has increased under 0bama (as a percentage) is actually pretty close to the rate under previous Presidents. Reckless spending isn't a Democratic problem, or a Republican problem, or even an 0bama problem. It's a Wa$hington problem, period.

[PGalt]

YOU

DID

build

that

CONgre$$

[P.O.E.]

Who Owns the U.S. National Debt? (You do)

"The U.S. debt is more than $17.6 trillion. Most headlines focus on how much the U.S. owes China, which is the largest foreign owner. However, the biggest owner is actually the Social Security Trust Fund, aka your retirement money. How does that work, and what does it mean?"

....

"....nearly half of the U.S. Treasury debt is held in trust for people's retirements. If the U.S. default on its debt, foreign investors would be angry, but the greatest harm would befall the average U.S. citizen."...

[i_robot73]

And here I thought slavery (by debt) was outlawed ages ago.

Of course, if we were still a Constitutional Republic, this whole topic would be moot (gold/silver, fed [aka taxpayer] $$ given out like candy, $$ spent on things NEVER Const. authorized)

Amazing the damage done in exactly a hundred years when Socialism was voted, and allowed to flourish, into the Country.