The federal deficit is now out of control

The Washington Examiner ^ | 26 Sept 2022 | James Rogan

[HYPOCRACY]

Who said it was no big deal? See my post about us being Zimbabwe. I merely stated that this is the plan of these lunatic idiots.

You don’t have to go all the way back to Weimar. Plenty of recent hyperinflation disasters to point to.

[Sgt_Schultze]

"the only president ever to cut the deficit by more than $1 trillion in a single year."

what BS . . . obama pulled this same crap on W. The federal year runs Oct 1 through Sept 30. So every dollar bidet spent from Jan 20 through Sept 30 was put on Trump’s record - inflating his deficit. In bidet’s first year, as those one-time dollars weren’t spent again, the non-spending looks like a cut.

[HYPOCRACY]

Look to the bondholders. The reserve currency is a license to steal.

Also, as you point out, these pigs are saddling the unborn with trillions of $ of debt. They should be under no obligation to pay it. And they won’t.

[P.O.E.]

Inflation will cure that. /s

[ducttape45]

The destruction of America continues unabated.....

[ProgressingAmerica]

I don’t understand how they are using the word “now”.

Is this author 20 years old?

[ding_dong_daddy_from_dumas]

VIDEO--Dark Helmet: Light speed is too slow! Colonel Sandurz: Prepare ship for ludicrous speed! Fasten all seatbelts, seal all entrances and exits, close all shops in the mall, cancel the three ring circus, secure all animals in the zoo!

[Syncro]

Someone set us up da bomb!

Zig full speed!

“you have no chance to survive make your time”

“all your base are belong to us.”

[gitmo]

The federal deficit is now out of control

What do you mean “now”? It has been out of control for decades.

[TheConservativeTejano]

Thanks for the Bloated budgets that can not and will not achieve a cut in the Budget.

The DemonRats want to spend more money.

Obama had a Big, Big hand in this garbage and nobody seemed to even care in D.C.

[Luigi Vasellini]

Nice chart from FRED

[GOPJ]

Venezuelan millionaires lost everything... then again if we go the strong dollar depression route. Biden’s giving away trillions. He’s the problem.

[SaveFerris]

Best thing to do is keep sending money to foreign lands, hurt actual Americans with foreign labor and keep the jabs coming.

It should all work out fine. /s

Bugs for dinner?

[xzins]

We have a failed system. Morevthan that, I believe the socialists want to bankrupt the country, so they can take over in the crisis.

[100%FEDUP]

And its all Boehner and Ryan’s fault. Boehner did nothing when he had the majority and Ryan couldn’t wait to hand the kenyan a blank check!

[EnderWiggin1970]

This is why despite the volatility and learning curve I keep encouraging people to get into cryptocurrency. (Gold is also an alternative, but millenials aren't going to gold. They are going to bitcoin.) As government fiat currencies hyperinflate and collapse, scarce assets that will be a refuge are the place to be. My take:

Bonds and cash - will become worthless.
Stocks - will hold value IF the company can figure out how to avoid going bankrupt in the market chaos.
Commodities - have durable value but may suffer in the economic downturn of a collapse as demand drops.
Cryptocurrency - most will be also-rans, but the leaders in their niches (as per the Buffett Rule) will be a refuge due to their proven scarcity and utility in a world that can no longer trust government currency.

[Syncro]

Yes, it’s all for control.

And martial law?

[xzins]

Probably how it will start after protests by patriots

[Syncro]

Actually, I’m a gonna change that yo A Police State.

We’re pretty much there now.

The Pro Life guy who protected his son outside an Abortion mill proves that

Maralego Pillow Guy J6 Gulag residents....etc

[xzins]

Gold is not digital