Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Latest Breaking News

Yupster

(14,308 posts)

11. Yeah, it's gotten so high now that there isn't

Reply to House of Roberts (Reply #9)

Sun Mar 18, 2018, 09:32 PM

Mar 2018

any plan to pay it off or even to stop it from growing by another trillion each year.

No politicians even talk about it anymore. It's become hopeless. And this is with very low interest rates. What happens when interest rates go up which they need to do.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

34 replies

= new reply since forum marked as read

Highlight:

National debt tops $21 trillion for first time ever [View all] Yo_Mama_Been_Loggin Mar 2018 OP

But they told me tax cuts pay for themselves! n/t fountainofyouth Mar 2018 #1

For a start, ditch the $30 million dictator parade. Golden Raisin Mar 2018 #2

And the wall. And the golf trips. jmowreader Mar 2018 #20

Why did it double under Obama? Anyone know? (I'm curious.) n/t rainin Mar 2018 #3

I think part of it was the almost 4 trillion spent on Iraq that Bush kept off the books. secondwind Mar 2018 #5

Bush tax cuts and war spending with borrowed money doubled the debt in Bush's 8 years Submariner Mar 2018 #6

That's because Obama put the REAL debt/deficit on the books BumRushDaShow Mar 2018 #7

Thanks for all of this info! CrispyQ Mar 2018 #25

Most of the recent "Obama redux" articles regarding the economy BumRushDaShow Mar 2018 #28

Big additional reason - the great recession progree Mar 2018 #8

Superb Informative post!!! +1000 quartz007 Mar 2018 #33

Fun question to ask republicans: Mr.Bill Mar 2018 #4

I don't think G.W. Bush doubled it, but came close. Reagan nearly tripled it progree Mar 2018 #10

If you figure it by fiscal years, G.W. Bush doubled it. Mr.Bill Mar 2018 #13

Thanks! Great info. Will study tomorrow, I have to get ready for my tax appointment tomorrow progree Mar 2018 #14

To be perfectly fair, quartz007 Mar 2018 #34

The real reason it's so high: two words House of Roberts Mar 2018 #9

Yeah, it's gotten so high now that there isn't Yupster Mar 2018 #11

If we build the wall, will that keep the deficit away? ProudLib72 Mar 2018 #12

No war. No recession. Makes you wonder why conservatives are putting us more in debt. ffr Mar 2018 #15

Yup. And makes one wonder what will happen debt-wise when we have one or both, probably both progree Mar 2018 #17

So the next Dem president won't have the leeway to do anything... Blue_Tires Mar 2018 #19

They gave away $1.5 Trillion in tax cuts IronLionZion Mar 2018 #22

Why are you surprised? quartz007 Mar 2018 #27

They're not going to see much more growth IronLionZion Mar 2018 #29

Market has tripled since 2009 quartz007 Mar 2018 #30

And they are talking about more tax cuts videohead5 Mar 2018 #16

Ponzi schemes require more taxcuts and more debt quartz007 Mar 2018 #31

The capitol gains tax cut videohead5 Mar 2018 #32

GOP: Party of Family Values and,,,, Cryptoad Mar 2018 #18

Frikken republicans are systematically weakening America Achilleaze Mar 2018 #21

MAGA!!!!! Initech Mar 2018 #23

This is mostly but not completely the Republician's fault Dorn Mar 2018 #24

Live it up NOW while the going is good! quartz007 Mar 2018 #26