US Debt Clock

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k-2
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Post by k-2 »

ColdHouse wrote: Sun. Jul. 14, 2024 5:20 pm No doubt about it. I remember back around 2000 they spoke of the deficit in billions like that was a big deal. Now we have 10T in 4 years.

And people wonder about inflation.
We havnt seen anything yet. With interest payments shooting straight up from here the money printing will go up right along side. We will look back at 10% inflation as a great year.

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k-2
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Post by k-2 »

2t deficit and we arent even in recession yet. Its gonna be bad.Lots of chatter about food and water shortages. Foreigners buying up land in the desert where there is no regulations on how much water they can take out of the ground to grow hay to be shipped back to their countries.
https://apnews.com/article/saudi-arabia-drought-a ... bd9ccfa59f

"Arizona to cancel leases allowing Saudi-owned farm access to state’s groundwater"
Last edited by k-2 on Mon. Jul. 15, 2024 1:33 pm, edited 1 time in total.


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BigBarney
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Post by BigBarney »

Don't completely blame the president ...Blame congress for spending...

They supply the money and the president spends it...

BigBarney

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BigBarney wrote: Mon. Jul. 15, 2024 1:14 pm Don't completely blame the president ...Blame congress for spending...

They supply the money and the president spends it...

BigBarney
Deficit spending is the only thing they agree on. Totally bipartisan.

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