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Re: U.S. National Debt Jumps - hits $35 trillion

By: micro in 6TH POPE | Recommend this post (0)
Fri, 23 Aug 24 2:01 PM | 13 view(s)
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Msg. 57060 of 58508
(This msg. is a reply to 57059 by De_Composed)

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I got two can openers De and lots of Bush's baked beans and cans of sardines. Peanut butter, crackers, lots of jars of preserves and graham crackers. (sorry, no animal crackers)

BUTTTTT, maybe I should go get me a bunch of bags of those. I like them.. lol!!!!

Now, on a serious note, for the reasons as to why the deficit has hit these historic numbers, it is a rational and needed policy of BELOW budgetary fiscal constraints OR

one can impose a freeze on spending limits which need to be backed off say 10 percent, and keep it that way.

This drunken sailor spending by bureaucrats has got to be put in reverse and the gas pedal stomped to the floor.

That means lots of people's freebie programs are going to need to be curtailed and a balanced budget required....

Will this create some financially tough times? You bet.

But ya got to bite the bullet sometime iffen ya don;t want to become the Weimar republic.

JMO.


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The above is a reply to the following message:
Re: U.S. National Debt Jumps - hits $35 trillion
By: De_Composed
in 6TH POPE
Fri, 23 Aug 24 7:33 AM
Msg. 57059 of 58508

Do you remember when the U.S. debt hit $35 trillion? It was on July 29th. But August 2nd was the first time I asked this question. The debt had just jumped.

Today it jumped again. In three weeks, the debt has soared by a quarter trillion. If it continues at this rate - which seems inconceivable but is in keeping with my ellipse graph - it will be at $36 trillion by the end of October.


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