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The National debt climbs above $19 trillion
Washington Examiner ^
| 02/01/2016
| Pete Kasperowicz
Posted on 02/02/2016 10:14:16 PM PST by Freelance Warrior
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To: Freelance Warrior
My belief is that it’s been at least that high for the last three years. They are just bringing the real total around gradually for when Obama is out of office.
2
posted on
02/02/2016 10:19:04 PM PST
by
Jonty30
(What Islam and secularism have in common is that they are both death cults)
To: Freelance Warrior
...and the band played on...
3
posted on
02/02/2016 10:20:20 PM PST
by
dfwgator
To: Freelance Warrior
4
posted on
02/02/2016 10:26:14 PM PST
by
RC one
("...all persons born in the allegiance of the United States are natural-born citizens" US v. WKA)
5
posted on
02/02/2016 10:26:30 PM PST
by
dsrtsage
(One half of all people have below average IQ. In the US the number is 54%)
To: dfwgator
Does anybody care at this point? Why is this less important than Kim Kadishan’s underwear?
6
posted on
02/02/2016 10:37:19 PM PST
by
Netz
To: Jonty30
Add in unfunded future liabilities and it’s more like 100 trillion - more than all the combined wealth of the entire planet.
Thanks George W. and Obama!
To: Freelance Warrior
unfunded liabilities are over 200 trillion...
Trump might be the man for this job. He has been involved in many bankruptcies..
8
posted on
02/02/2016 10:42:48 PM PST
by
cableguymn
(We need a redneck in the white house....)
To: RC one
The magic of compounding interest!
9
posted on
02/02/2016 10:55:32 PM PST
by
entropy12
(Cruz could double as a wind sock...adapts to any wind direction. He is inconsistent conservative!)
To: TigerClaws
The majority republican congress elected in 2014 carries a lot of blame, anger and frustration of voters for signing on to Omnibus bill.
10
posted on
02/02/2016 10:57:25 PM PST
by
entropy12
(Cruz could double as a wind sock...adapts to any wind direction. He is inconsistent conservative!)
To: entropy12
wait until they start raising the interest rate. then that graph gets even more interesting.
11
posted on
02/02/2016 10:59:40 PM PST
by
RC one
("...all persons born in the allegiance of the United States are natural-born citizens" US v. WKA)
To: cableguymn
Absolutely, anyone who can withstand 4 bankruptcies, and go on to reach $10 Billion net worth, must know how to recover from near demise. He is the man urgently needed in 2016.
12
posted on
02/02/2016 10:59:59 PM PST
by
entropy12
(Cruz could double as a wind sock...adapts to any wind direction. He is inconsistent conservative!)
To: Freelance Warrior
Progressives like to call it “investment”. They’re the only ones profiting from it.
13
posted on
02/02/2016 11:01:22 PM PST
by
P.O.E.
(Pray for America)
To: RC one
Relax, they will NOT raise rates. As you point out, they can not AFFORD a parabolic rise in rates. They are talking NIRP (negative interest rates) already prevalent in Europe and now in Japan.
14
posted on
02/02/2016 11:03:04 PM PST
by
entropy12
(Cruz could double as a wind sock...adapts to any wind direction. He is inconsistent conservative!)
To: Netz
F our grandkids, let’s party!
15
posted on
02/02/2016 11:07:22 PM PST
by
dfwgator
To: entropy12
How much control does the government really have over the federal reserve though? I’m not sure how negative interest rates will work. Will we have to pay the banks to keep our hard earned money stored on their computers?
16
posted on
02/02/2016 11:08:17 PM PST
by
RC one
("...all persons born in the allegiance of the United States are natural-born citizens" US v. WKA)
To: dfwgator
It really is criminal what we are doing to future generations.
To: RC one
They are ALREADY doing it for a year in Europe. Banks in Sweden (who does not use Euro) are charging -1.1% (minus!) to keep your money in bank.
I was already in NIRP in my annuities because interest rates are lower than the life indemnity charge. Only after FED raised rates by 0.25, I am now very slightly above water.
18
posted on
02/02/2016 11:15:52 PM PST
by
entropy12
(Cruz could double as a wind sock...adapts to any wind direction. He is inconsistent conservative!)
To: Freelance Warrior
The first Presidential election I followed closely was in 1992. Ross Perot was complaining about a $4 trillion debt. Good times.
To: volunbeer
Yes indeed. But the grand kids of politicians will be ok because grandpa will leave them a inheritance bundle.
20
posted on
02/02/2016 11:18:04 PM PST
by
entropy12
(Cruz could double as a wind sock...adapts to any wind direction. He is inconsistent conservative!)
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