US Debt To Hit $40 trillion under Trump

All Discussions > Steam Forums > Off Topic > Topic Details

Arvaos 10 hours ago

The national debt stands at $37 trillion and is projected to surge past $40 trillion with the extension of Trump’s tax cuts for corporations and the super-rich. The federal government is already running annual deficits of $1.5–$2 trillion.

This inexorable growth of debt service reflects not only decades of tax cuts for the wealthy but also the immense resources diverted into bailouts and imperialist war.

The working class are the target of the ruling classes drive for austerity. Strikes will be outlawed, and any form of resistance to the dictates of the oligarchy will be criminalized.

< >

Showing 1-15 of 33 comments

BX 10 hours ago

It'll be higher than that.

kbiz 10 hours ago

When?

HypersleepyNaputunia 10 hours ago

The doge has failed?

xBCxRangers 10 hours ago

Mr Trump has continued the trend of bankrupting this great nation for the sake of ingraciating rich people and funding wars and record defense spending.

As tents fill our cities. VA benefits, Food allocations and Medical needs and Hospitals are cut from our citizens.

Meaning more poor people, More people in need, and poverty on the rise in so Mr Trump and his ilk can feed their faces, as he has his armies prepared to take over our cities, as he is doing at this moment as we speak.

You're a FOUL one, Mr Trump

Ulfrinn 10 hours ago

Corporate taxes are paid for by the consumer that purchase those products and services.

Ice Robertson 10 hours ago

Maybe I'll stay out of America....

Always Sunny In Estrodialia 10 hours ago

It wont matter as long as america is the big dog in the small puppy world. Favorable trades & strong dollar make the debt almost negligible

Thermal Lance 10 hours ago

Originally posted by HypersleepyNaputunia:
The doge has failed?

Which is freaking hilarious. Where are all the Elon Musk Defenders now that doge is objectively a failure on most fronts.

Pocahawtness 10 hours ago

As foretold by The Simpsons.

Last edited by Pocahawtness; 10 hours ago

Fajita Jim 10 hours ago

We could just take over the world and cancel our debt. It would probably be cheaper, that way.

#10

lol 9 hours ago

Then stop creating financial instruments like bonds and loans and complaining when you have to pay them back?? Oh no then you won't have your precious wall street you idolise for some satanic reason

#11

steven1mac 9 hours ago

Uncontrolled spending since Reagan, so all parties are guilty of the debt ballooning.

#12

lol 9 hours ago

Originally posted by steven1mac:
Uncontrolled spending since Reagan, so all parties are guilty of the debt ballooning.

Since ww2

#13

vkobe 9 hours ago

Originally posted by Fajita Jim:
We could just take over the world and cancel our debt. It would probably be cheaper, that way.

dont think so, many americans and include corp bought treasure bond, so it mean average americans going to lost at least 20 trillion $$ if debt are cancelled and i bet many of them borrow $$$ to buy treasure bond, so if they lost $$$, us bank going to lost this $$$ too and of course with usa cancelling the debt bank cant take this asset we call treasure bond

normally you repay debt with inflation and your children are supposed to repay your debt

so the agreement it is you suck some blood from the guy who has debt to you, but you avoid to kill him

#14

Fajita Jim 9 hours ago

Originally posted by vkobe:
Originally posted by Fajita Jim:
We could just take over the world and cancel our debt. It would probably be cheaper, that way.
dont think so, many americans and include corp bought treasure bond, so it mean average americans going to lost at least 20 trillion $$ if debt are cancelled and i bet many of them borrow $$$ to buy treasure bond, so if they lost $$$, us bank going to lost this $$$ too and of course with usa cancelling the debt bank cant take this asset we call treasure bond

normally you repay debt with inflation and your children are supposed to repay your debt

so the agreement it is you suck some blood from the guy who has debt to you, but you avoid to kill him

Nah man we can liquid ♥♥♥♥ like Westminster and The Vatican. Tons of Golds.

Tons.

#15

< >

Showing 1-15 of 33 comments

Per page: 1530 50

All Discussions > Steam Forums > Off Topic > Topic Details

Date Posted: 28 Aug @ 12:43pm

Posts: 33

Start a New Discussion