I actually think it went from 10 to 20 trillion with Obama when interest rates were having a much

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I actually think it went from 10 to 20 trillion with Obama when interest rates were having a much

Author: THEISMANCARR (10450 Posts - Joined: Aug 10, 2007)

Posted at 9:27 am on Sep 12, 2019

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less compounding effect. So during Obama's time the debt rose 100% and only did not rise more because of very low or zero interest rates. During Trump's almost 3 years it has gone from 20 to 23 trillion or a rise of 15% and was hurt by interest rates rising. Hmmmm sounds like Trump is getting way more for less, when you consider lower unemployment and rising blue collar wages. You have the idea right though. Trump way much more to overcome statistically yet way more effective. Don't forget the timeline for 100% payout of social security has increased by two years 2034 to 2036 after two years of Trump job growth and lower unemployment. Trump policies are doing AOK in my eyes. I know you agree.

Replies to: "I actually think it went from 10 to 20 trillion with Obama when interest rates were having a much"

Can you smell 27000? Can you smell what the Trumpster is cooking? [IMAGE] - BaronVonZemo - 11:14am 9/11/19 (36) [View All]
- I thought we smelled this two months ago. - LehighND - 9:22pm 9/11/19
  - Ooooh, that smell... - TakethetrainKnute - 11:37am 9/12/19
  - Take a heapin' helpin' of seconds! There's lots to go around! [NT] - BaronVonZemo - 10:27pm 9/11/19
- Dude, stop - Nigel Tufnel - 1:28pm 9/11/19
  - Nigel..... - BaronVonZemo - 2:05pm 9/11/19
    - Might as well while we can. The Dems will have us in rail cars soon. [NT] - NedoftheHill - 2:41pm 9/11/19
- A Trumpster fire, you say? [NT] - Chris94 - 12:20pm 9/11/19
  - There you go! - BaronVonZemo - 2:05pm 9/11/19
- Meth? - AlbanyIRISH - 11:37am 9/11/19
  - Yeah much like Obama had and the $18 trillion global debt at negative rates. Do you know what that - PBHangingChad - 11:39am 9/11/19
    - I actually think it went from 10 to 20 trillion with Obama when interest rates were having a much - THEISMANCARR - 9:27am 9/12/19
      - You should probably stop posting about these things. - LehighND - 2:45pm 9/12/19
    - So walk me through this - Mark - 1:57pm 9/11/19
      - The Fed auctions off treasuries to meet our debt requirement. They are sold domestically and - PBHangingChad - 6:08pm 9/11/19
        That's all well and good, but... [NT] [IMAGE] - NedoftheHill - 6:33pm 9/11/19
      - I'm not an expert, but... - NedoftheHill - 2:21pm 9/11/19
        Rates and yields - Iggle - 4:33pm 9/11/19
        Well said [NT] - PBHangingChad - 6:11pm 9/11/19
        
        About bubbles being bad...really only if you sell. Look if you hung on in 2000 or 2008 - - BaronVonZemo - 2:24pm 9/11/19
        Agreed. I was thinking more about US business operations. - NedoftheHill - 2:27pm 9/11/19
- Trump is cooking nothing. The economy drives itself... unless restrained unnaturally. [NT] - Curly1918 - 11:27am 9/11/19
  - Tax cuts work, baby. Every time. [NT] - BaronVonZemo - 2:07pm 9/11/19
    - So cut them to zero... [NT] - LehighND - 9:26pm 9/11/19
      - Oh, I never said no taxes, but after liberals have control, there is always cut backs to be made. [NT] - BaronVonZemo - 10:28pm 9/11/19
    - How's that deficit looking? Oops. Forgot. Obama gone. [NT] - golfernot - 4:30pm 9/11/19
      - See above for debt analysis. Also slow your swing and pose at the finish to help your golf game. [NT] - THEISMANCARR - 9:30am 9/12/19
      - Oops. Forgot. You don't actually care about the deficit. [NT] - NedoftheHill - 5:27pm 9/11/19
        I think I do and I think you don't. [NT] - golfernot - 10:22pm 9/11/19
        Oh, I care about it more than any one else on this board. - NedoftheHill - 10:27pm 9/11/19
        My issue is that the deficit only mattered to conservatives when Obama was Prez. - golfernot - 12:58pm 9/12/19
        And my issue is that the deficit only matters to liberals when the GOP has the presidency. - NedoftheHill - 1:22pm 9/12/19
  - Maybe his tax returns... - TakethetrainKnute - 12:12pm 9/11/19
  - How was it restrained during the mortgage meltdown? All those involved in that now criticize Trump - PBHangingChad - 11:35am 9/11/19
    - Requiring banks to lend to poor folk was a form of economic restraint - Curly1918 - 11:52am 9/11/19
      - That took almost 16 years to totally undo the US economy. - NedoftheHill - 2:42pm 9/11/19
- That’s not important America is focused on sharpies. Come on stay on the important stuff [NT] - PBHangingChad - 11:25am 9/11/19