National debt

>>3118119
Ronald Reagan and the Republican Party.

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National debt is a meme
Every nation has debt, it's not possible to be successful without having it.

In the first place more money is owed to the U.S. than we owe to other countries.

>LOOK AT THIS NUMBER
>THIS NUMBER IS SOO BIG
>FUCKING PANIC
>JUST LOOK AT THE NUMBER
>BIG NUMBER
>WERE DOOMED

>>3118148
>>3118154

This. It's a scare tactic and the fact that not one but both parties in the US pretend to care about it is depressing.

Austerity is the true meme, and is killing Europe and hurting the US.

>>3118119
>>3118148
The real question is (((who))) are we indebted to?

>>3118119
if capitalism of USA so good, why US's national debt so bad?

>>3118119
by taking money from the world's pool of cash rather than your own one can get more shit done at the cost of interest, which is currently extremely low.

it's pretty simple really

>>3118276
t. stalin

>>3118276
if capitalism of USA is so good, why US's national debt is so bad?

>>3118283
t. lenin

>>3118119
Its not the number, its the fact that the future culling of my productivity is being used as leverage towards the funding of projects I:
a) don't know about
b) don't agree with
c) are a meme perpetrated by jews.
Outstanding national debt is not a scary, overhanging thing, its a willful ignorance of the government to my desires, and that is unacceptable with the current power the federal government has over the average life.

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I can't wait until the Petrodollar collapse. The cancerous scourge that is A*erica will finally vaporize out of existence.

>>3118272
Ourselves, the japs, and the chinks

>>3118148
debt to GDP has gone over 1:1.

japan has 3 :1 debt to gdp and it is killing them.

greece is 1.8:1

>>3118121
negated by Obama and an all democrat congress doubling the debt.

>>3118874
>negated by Obama and an all democrat congress doubling the debt.
you mean the stimulus which stopped the economy from crashing?

>>3118276
if capitalism of USA so good, why US's national debt so bad?

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It's not the debt-GDP ratio that kills you, it's the interest rates.

At the moment, interest rates are lower than inflation, so countries are basically paying the US to take their money.

Also, Republicans like to cut taxes, pay for it with a budget deficit, and then leave the next guy to clean up the mess.

>>3119125
Maybe if Democrats wouldn't create so many entitlements the tax cuts would be sustainable.

>>3118148
>other countries
You're the only one talking solely about debt owed to other countries, dumb fuck.

>>3118119
The war broke the US.
The recession due to loan crisis broke the US.

Both of which was done under one president. Bush. Obama's fix to the deep recession was to pump more dollars into the failing economy and tighten regulations. That fixed the system. However the cost was extra debt. But this debt is offset by the recovery of the economy. So it works out fine. It will take a while to clear the debt, but it saved the economy and the US from total economic disaster.

Now with a fully working economy that Trump inherited from Obama, if economics stay the same, it will continue to rise at steady rate. If Republicans screw up again and destroy the economy once more, it will force the next Democrat president into hard socialistic measures to save the economy. So right now, the economy will recover but it needs right minded individuals not idealistic republicans or idealistic democrats. Using proper test economic policies, not trickle down economics which is a failed ideology.

Republicans may say "let the failing markets fail" but that entails failing the people who use those system. It will put huge amounts of people out of work and the economy would cripple itself.

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>>3119328
>it will force the next Democrat president into hard socialistic measures to save the economy.
>New Deal 2.0 or actual socialism
Either way is fine

>>3119346
this desu

And with the rising tide of Hispanic, Asian, and white atheist voters, there won't be any brakes on the rape train.

>>3119328
>recovery of the economy.

If the economy is doing so great, why did so many people vote for Trump?

>>3118148
Jesus Christ that tax haven in the Cayman Islands

>>3119328

>Obama fixing the economy
>Not Obama not intentionally destroying the economy.

>>3119328
Obama oversaw one of the weakest "recoveries" in US history. Not saying Bush was good but Obama didn't do much to help.

>>3119328
a) nobody has ever believed in trickle down economics, it's a living strawman
b) economists are neoliberal, "proper tested economic policies" = socialistic measured only among the economically illitterate

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>>3118148

The national debt isn't a "scare tactic" just because the USA is owed more money than it owes. The national debt is caused by the budget deficit coupled with a trade deficit and rising entitlement costs means that the debt spiral is continuing and is looking to get much worse them the boomers become old enough to claim social security.

Additionally, most US debt in in US hands which prevents the US from defaulting. Money owed overseas only represents a portion of the debt.