Obama Makes One Goal - $16 trillion in debt.

Discussion in 'Politics' started by OldRegular, Sep 4, 2012.

  1. OldRegular

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    $16 trillion in debt.

    The Treasury Department debt clock just rolled over $16,000,000,000,000 and in time for the democrats to celebrate tonight. They want to spend the country into the oblivion of abject socialism with morals lower than an alley cat. And my apologies to all alley cat lovers here.
     
    #1 OldRegular, Sep 4, 2012
    Last edited by a moderator: Sep 4, 2012
  2. Jedi Knight

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    US debt tops $16 trillion!!

    So what happen to Mr Obama cuting our debt in half? Hummm? No news link....I'll leave that for the trolls!
     
  3. LadyEagle

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    Ironic the US Debt Clock rolled over to $16 TRILLION on the opening day of the DNC. 1/3 of that is what obama gave us in 3-1/2 years.
     
  4. Jedi Knight

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    Wana bet the DNC won't talk about the 16 Trill?
     
  5. Jedi Knight

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    So far I hear only crickets on the 16 trillion pound Gorilla in the room!
     
  6. saturneptune

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    I told you that clock was going backwards. Obama really has cut he debt in half. Another Republican falsehood. LOL.
     
  7. saturneptune

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    FYI, if voters like you reelect him enough times, the debt could reach 1000 trillion. For your convenience, that is called one quadrillion.
     
  8. Magnetic Poles

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    As FDR proved, the government CAN spend us out of a depression. It must do so short term to kickstart a sluggish economy, when the private sector is shrinking and unable to do so.
     
  9. Magnetic Poles

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    And by the way, both parties have a full share in this one.
     
  10. saturneptune

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    You are right, both parties are to blame. Both nominees are pathetic. Romney is just less so.
     
  11. Jedi Knight

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    Well said!:wavey:
     
  12. OldRegular

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    Well his real intent is to bankrupt the country!
     
  13. saturneptune

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    We have become so used to the word one trillion, that it becomes another figure that we dismiss. Most cannot even conceive the number in their minds. As was pointed out, the next level is quadrillion, one thousand trillion. I do not know if there is even that much wealth in the entire world.

    Long ago, we used to hear millions of dollars in debt, then billions, now trillions. Will we hear quadrillion in our life?
     
  14. NaasPreacher (C4K)

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    Does anyone really believe that the increase in debt will be slowed if Gov Romney is elected?

    In 2016 we are looking at a $25,000,000,000,000,000 debt no matter who is elected.
     
  15. OldRegular

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    Too many 000's.
     
  16. OldRegular

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    There you go S/N, throwing around them hi dollar numbers again!:tongue3:
     
  17. OldRegular

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    Not really. The draft in 1940 reduced unemployment. Pearl Harbor ended the depression!
     
  18. NaasPreacher (C4K)

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    Whoops! You're right, thanks for the catch.

    I should have just said 'By 2016 the US will have a 25 trillion dollar debt no matter who is elected.'
     
    #18 NaasPreacher (C4K), Sep 5, 2012
    Last edited by a moderator: Sep 5, 2012
  19. OldRegular

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    I don't believe it will be that high but could easily reach $20 trillion.

    Frankly I believe that if the debt is to be brought under control means testing for both Social Security and Medicare, perhaps a major medical provision. I realize that people paid into these programs but I realize that the coffers are empty, they are Ponzi schemes now.

    Also I am not sure what the cut off should be but a couple with an income of say $150,000 could do without SS. Might need to be higher for Medicare but I doubt it. I have tried to make my views known to my Congressional Delegation but that is like shoveling sand against the tide.
     

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