BeaverFever Posted April 30 Report Posted April 30 “U.S. Debt Tops 100% of GDP Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.” “WASHINGTON—The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.” “As of March 31, the country’s publicly held debt was $31.265 trillion, while GDP over the preceding year was $31.216 trillion, according to data released Thursday. That puts the ratio at 100.2%, compared with 99.5% when the last fiscal year ended Sept. 30. That figure will likely climb for the foreseeable future because the federal government is running historically large annual deficits of nearly 6% of GDP, which add to the debt. The government is spending $1.33 for every dollar it collects in revenue, and the budget deficit this year is projected at $1.9 trillion. That is little changed from 2025 as Republicans’ tax cuts kick in before their spending cuts take effect. The final tally will depend on Iran war spending, tariff refunds and the strength of the economy.” Excerpt From “U.S. Debt Tops 100% of GDP” Richard Rubin The Wall Street Journal https://apple.news/A25-A65g3TpKwZGqZMID0rg This material may be protected by copyright. 1 Quote
WestCanMan Posted April 30 Report Posted April 30 (edited) Pick one: debt Iran with nukes Gobble up some more Dem bullshit Edited April 30 by WestCanMan Quote If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed. "I don't hate American's, I pointed out the literacy rate to Uncle Sam." - LinkSoul "It's just a parable about rocks and trees talking to muslims to help them kill Jews who are trying to hide. It's open to interpretation." - robobigot
John Johnston Posted April 30 Report Posted April 30 18 minutes ago, BeaverFever said: “U.S. Debt Tops 100% of GDP Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.” “WASHINGTON—The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.” “As of March 31, the country’s publicly held debt was $31.265 trillion, while GDP over the preceding year was $31.216 trillion, according to data released Thursday. That puts the ratio at 100.2%, compared with 99.5% when the last fiscal year ended Sept. 30. That figure will likely climb for the foreseeable future because the federal government is running historically large annual deficits of nearly 6% of GDP, which add to the debt. The government is spending $1.33 for every dollar it collects in revenue, and the budget deficit this year is projected at $1.9 trillion. That is little changed from 2025 as Republicans’ tax cuts kick in before their spending cuts take effect. The final tally will depend on Iran war spending, tariff refunds and the strength of the economy.” Excerpt From “U.S. Debt Tops 100% of GDP” Richard Rubin The Wall Street Journal https://apple.news/A25-A65g3TpKwZGqZMID0rg This material may be protected by copyright. The U.S. government’s total unfunded liabilities — the combined amount of payments promised without funds to recipients of Social Security, Medicare, federal employee pensions, veterans’ benefits and federal debt held by the public — stand at $212 trillion, and are rapidly increasing. For context, that number was just $122 trillion as recently as 2019 and is projected by the Debt Clock to reach $288.9 trillion by 2028. 15 minutes ago, WestCanMan said: Pick one: debt Iran with nukes Bullshit. Quote
BeaverFever Posted April 30 Author Report Posted April 30 29 minutes ago, WestCanMan said: Pick one: debt Iran with nukes 1) Great now explain how debt increased to 99.5% of GDP BEFORE Iran 2) Iran with nukes as the only alternative to Trump’s folly is a lie which is why nobody wants any part of it 3) Iran only started enriching Uranium after Trump unilaterally cancelled Obama’s Iran deal in his first term Also in the news today: Oil now tops $125 a barrel as inflation skyrockets with no end in sight Republicans : “oh well it’s not even worth acknowledging in passing, Let’s just ignore the fact that inflation was the main reason Trump was elected and all those promises Trump made about inflation going down on day 1 of his presidency and the fact not only has inflation never improved now it’s way worse, let’s just keep shrieking about trannies using the wrong bathroom” What hilarious is that Republicans still brand themselves as the party that supposedly cares about the det, balanced budgets, inflation and they get elected on it but then as soon as they’re in office none of it matters and time and time again they’re the WORST offenders of all time. Every Republican president from Regan on has run massive deficits and massively run up the debt not because of economic crises but because of discretionary wars and tax cuts. It’s one thing for politicians and parties to not live up to their promises but it’s another entirely to do the EXACT OPPOSITE of what you claim to be your core beliefs again and again amd it just goes to show the cult-like mentality of Republicans especially in the MAGA cult era. 1 Quote
WestCanMan Posted April 30 Report Posted April 30 20 minutes ago, John Johnston said: Bullshit. I will amend the list to include your favourite answer. Quote If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed. "I don't hate American's, I pointed out the literacy rate to Uncle Sam." - LinkSoul "It's just a parable about rocks and trees talking to muslims to help them kill Jews who are trying to hide. It's open to interpretation." - robobigot
WestCanMan Posted April 30 Report Posted April 30 13 minutes ago, BeaverFever said: 1) Great now explain how debt increased to 99.5% of GDP BEFORE Iran Why don't you do that? You're the one pssing and moaning about debt. Quote 2) Iran with nukes as the only alternative to Trump’s folly is a lie which is why nobody wants any part of it Iran with nukes has been on pace to be a reality since the day the JCPOA was signed. Iran was flagrantly violating UN Security Council Resolution 2231, which was a fundamental part of the JCPOA, within the first month. From the day the JCPOA was signed, Iran has been building up a wall of conventional defences to make enforcement against them impossible at some point. They almost made it. According to leftists, they did. Quote Also in the news today: Oil now tops $125 a barrel as inflation skyrockets with no end in sight The alternative was "cities hitting 100M degrees Celsius". I'll take "Gas hitting $125 a barrel" because I'm not ret4rded, Alex. Quote Republicans : “oh well it’s not even worth acknowledging in passing, Let’s just ignore the fact that inflation was the main reason Trump was elected He said that he would end Iran's nuclear threat, and it's difficult now that the Dems and the Cdn gov't are on Iran's side. Quote and all those promises Trump made about inflation going down on day 1 of his presidency It did. Quote let’s just keep shrieking about trannies using the wrong bathroom” Sorry that you have to use the men's room now, even though you don't really belong there either. Quote If the Cultist Narrative Network/Cultist Broadcasting Corporation gave an infinite number of monkeys an infinite number of typewriters, leftists would believe everything they typed. "I don't hate American's, I pointed out the literacy rate to Uncle Sam." - LinkSoul "It's just a parable about rocks and trees talking to muslims to help them kill Jews who are trying to hide. It's open to interpretation." - robobigot
Legato Posted April 30 Report Posted April 30 1 hour ago, BeaverFever said: “U.S. Debt Tops 100% of GDP Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.” “WASHINGTON—The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.” “As of March 31, the country’s publicly held debt was $31.265 trillion, while GDP over the preceding year was $31.216 trillion, according to data released Thursday. That puts the ratio at 100.2%, compared with 99.5% when the last fiscal year ended Sept. 30. That figure will likely climb for the foreseeable future because the federal government is running historically large annual deficits of nearly 6% of GDP, which add to the debt. The government is spending $1.33 for every dollar it collects in revenue, and the budget deficit this year is projected at $1.9 trillion. That is little changed from 2025 as Republicans’ tax cuts kick in before their spending cuts take effect. The final tally will depend on Iran war spending, tariff refunds and the strength of the economy.” Excerpt From “U.S. Debt Tops 100% of GDP” Richard Rubin The Wall Street Journal https://apple.news/A25-A65g3TpKwZGqZMID0rg This material may be protected by copyright. Shouldn't you be whining about the debt in the country you live in, run by a hollow man who wears no clothes. Hidden Picture: If CPP assets are removed, Canada's total gross debt is significantly higher—roughly 111% of GDP in early 2026, placing Canada closer to the middle of the G7 pack rather than the top Quote
BeaverFever Posted April 30 Author Report Posted April 30 6 minutes ago, Legato said: Shouldn't you be whining about the debt in the country you live in, run by a hollow man who wears no clothes. No I live in Canada not USA. 9 minutes ago, Legato said: Hidden Picture: If CPP assets are removed, Canada's total gross debt is significantly higher—roughly 111% of GDP in early 2026, placing Canada closer to the middle of the G7 pack rather than the top I don’t think that matters what matters is the hypocrisy of Republicans building their entire brand on one thing while being the absolute opposite in practice Quote
Legato Posted April 30 Report Posted April 30 1 minute ago, BeaverFever said: No I live in Canada not USA. What did you think I meant? Quote
Legato Posted April 30 Report Posted April 30 2 minutes ago, BeaverFever said: I don’t think that matters what matters is the hypocrisy of Republicans building their entire brand on one thing while being the absolute opposite in practice Just like the Carney hypocrisy, hidden from view by a TDS symptom known as selective blindness. Quote
BeaverFever Posted April 30 Author Report Posted April 30 1 hour ago, WestCanMan said: Why don't you do that? You're the one pssing and moaning about debt. Because your the Trump apologist, not me. 1 hour ago, WestCanMan said: Iran with nukes has been on pace to be a reality since the day the JCPOA was signed. Iran was flagrantly violating UN Security Council Resolution 2231, which was a fundamental part of the JCPOA, within the first month. From the day the JCPOA was signed, Iran has been building up a wall of conventional defences to make enforcement against them impossible at some point. They almost made it. According to leftists, they did. chat gpt: Under the Joint Comprehensive Plan of Action (2015–2018) Iran’s program was tightly constrained: Enrichment level: capped at 3.67% Stockpile: limited to ~300 kg Centrifuges: ~5,000 older machines operating Breakout time (to enough material for one bomb): ~12 months 👉 This was a small, slow, and heavily monitored program After the U.S. withdrawal (post-2018)** Iran progressively ramped things up: By ~2023–2025 (approximate publicly reported levels): Enrichment levels: 5% → 20% → 60% Stockpile: From 300 kg → several thousand kg total 60% enriched uranium: Enough that, if further enriched, could yield multiple weapons’ worth of material Advanced centrifuges: Deployment of much faster models (IR-2m, IR-6, etc.) Breakout time: Shrunk from ~12 months → weeks to a few months Why 60% is such a big deal Weapons-grade is ~90%, but: Going from 60% → 90% is relatively quick The hardest part is getting from natural uranium → 20%+ But that’s NOT the same as having a nuclear weapon This is the critical distinction Trump often blurs: Experts consistently say: Iran does not currently have a nuclear weapon There’s no confirmed decision to build one Turning uranium into a usable bomb requires: Warhead design Miniaturization Delivery systems That process would likely take years, not days 1 hour ago, WestCanMan said: The alternative was "cities hitting 100M degrees Celsius". I'll take "Gas hitting $125 a barrel" because I'm not ret4rded, Alex. Alex knows that you actually ate. You fools fall for it ever time just like with Saddam. Even though Trump’s incompetence allowed Iran to produce highly enriched uranium, they still have zero capability of producing a bomb or delivery system. Just like being able to refine jet fuel doesn’t mean an you are able to design and build a stealth bomber. 1 hour ago, WestCanMan said: He said that he would end Iran's nuclear threat, and it's difficult now that the Dems and the Cdn gov't are on Iran's side. He never campaigned or went to congress for a costly war on Iran and he never made an emergency national address saying he just discovered Iran was a threat therefore had to take urgent emergency action. He just casually started bombing thinking he was going to take candy from a baby like he did in Venezuela and he has no plans, no strategy no goals for Iran. He just stuck now. Nobody is on Irans side but Trump and his cabinet are corrupt dishonest and incompetent fools and grifters weakening America and strengthening Putin every day he’s in office and that fact doesn’t change even when he happens to have legit bad guys in his crosshairs 1 hour ago, WestCanMan said: It did. No inflation had already started improving under Biden then Trumps trade war caused it to flatline or worsen and now it’s significantly worse than when he took office 18 minutes ago, Legato said: Just like the Carney hypocrisy, hidden from view by a TDS symptom known as selective blindness. There’s no hypocrisy from Carney I don’t think you know the meaning of that word. Quote
BeaverFever Posted April 30 Author Report Posted April 30 (edited) 22 minutes ago, Legato said: What did you think I meant? What did you think I meant ? Edited April 30 by BeaverFever Quote
Legato Posted April 30 Report Posted April 30 33 minutes ago, BeaverFever said: What did you think I meant ? You are usually meaningless, so pray enlighten us 36 minutes ago, BeaverFever said: There’s no hypocrisy from Carney I don’t think you know the meaning of that word. Standards and principles which the Carney is severely lacking. The fudger enormite. Quote
John Johnston Posted April 30 Report Posted April 30 4 hours ago, Legato said: You are usually meaningless, so pray enlighten us Standards and principles which the Carney is severely lacking. The fudger enormite. You have no idea whatsoever what you are talking about. Period. They also don't because they are all out of a job in a few short months. Short of majorly tampering with Elections, they are finished. Quote
BeaverFever Posted April 30 Author Report Posted April 30 4 hours ago, Legato said: You are usually meaningless, so pray enlighten us Well if I have to spell it out for you I was pointing out that its Trump amd USA who is run by hollow man who wears no clothes 5 hours ago, Legato said: Standards and principles which the Carney is severely lacking. The fudger enormite. Uh no. Carney has a carreer of being recognized for having the highest stature including by Conservative Stephen Harper who awarded him the Order of Canada and is now one of his advisors along with former conservative leader O’Toole and former conservative cabinet minister Raitt. It was also British Conservatives PM David Cameron who appointed him the first amd only non-British governor of the Bank of England in it’s 332 year history all when Carney was just 47 years old. Carney’s record is impeccable and unimpeachable Meanwhile Trump’s record is nothing but a sleazy New York businessman with mob connections who was born wealthy and not only lacks standards and principles but who rejects and objects to the very IDEA of any standards and principles. Quote
gatomontes99 Posted April 30 Report Posted April 30 Republicans don't care? We raised taxes vis-a-vis tariffs, have been fighting to end government waste/fraud/abuse through DOGE, tried to pass rescission packages and attempting to reduce spending on inefficient and unnecessary programs. The ENTIRE way, Democrats have been fighting every single penny saved. Your assertion that Republicans caused this is just bullshit. Biden sent spending levels through the roof and tried to normalize emergency COVID spending. 1 Quote Don't you think that if I were wrong that I would know it?
CdnFox Posted May 1 Report Posted May 1 7 hours ago, BeaverFever said: No I live in Canada not USA. I think you missed his point. Carney is doing even worse and you're perfectly happy with it at home but for some reason want to criticize The Americans Careful! Your hypocrisy is showing As it is both he and you are correct. The Americans have let their debt get out of control and have stopped caring and that will at some point come back to bite them in the ass. Republicans have always been big on balanced budgets whenever possible and they've kind of given up on that. Of course one of the primary reasons for that is because the way democrats have worked things for quite some time is they run the economy into the red by the end of their term, the republicans spend their term putting things back together and getting the spending back under control, the democrats inherit all of this and pretend to be good fiscal managers and by the end of their term we're back in trouble. Then they try and blame everything on the republicans . But there's no doubt that trump's current spending is definitely a lot closer to a democrat model than a republican model and that will have consequences down the road. They can get away with more than we do because they're an anchor currency but sooner or later that will cause them trouble In the meantime carney is doing even worse to us you seem to be perfectly fine with that. Do you want to explain that discrepancy? Quote "That which doesn't kill me... Had better start running."
Legato Posted May 1 Report Posted May 1 3 hours ago, John Johnston said: You have no idea whatsoever what you are talking about. Period. They also don't because they are all out of a job in a few short months. Short of majorly tampering with Elections, they are finished. More bewildering nonsense from the supreme nonsensical himself. Quote
Legato Posted May 1 Report Posted May 1 2 hours ago, BeaverFever said: Carney’s record is impeccable and unimpeachable 1 Quote
paxamericana Posted May 1 Report Posted May 1 10 hours ago, BeaverFever said: “U.S. Debt Tops 100% of GDP Quit distracting us with Epstein then Quote
John Stone Posted May 1 Report Posted May 1 (edited) The figures they're discussing are ginormous. Mandated spending as huge portions of the U.S. budget are going to need to be closely examined / eliminated. Social Security, Medicare and Medicaid are without a doubt going to come under close scrutiny. Likely suck to be p/o the 'next' generation ............. wonder who they'll blame Edited May 1 by John Stone Quote
John Johnston Posted May 1 Report Posted May 1 2 minutes ago, John Stone said: The figures they're discussing are ginormous. Mandated spending as huge portions of the U.S. budget are going to need to be closely examined / eliminated. Social Security, Medicare and Medicaid are without a doubt going to come under close scrutiny. Likely suck to be p/o the 'next' generation ............. wonder who they'll blame Everybody knows this is all Hillary's fault. Quote
John Johnston Posted May 1 Report Posted May 1 Need another 1.5 Trillion to find the Nukes that are not there. Quote
Deluge Posted May 1 Report Posted May 1 23 hours ago, BeaverFever said: “U.S. Debt Tops 100% of GDP Federal debt exceeding the size of the economy is a potent symbol of the gathering fiscal stresses on the U.S.” “WASHINGTON—The U.S. national debt now exceeds 100% of gross domestic product, crossing a once-unthinkable threshold, on the way toward breaking the record set in the wake of World War II.” “As of March 31, the country’s publicly held debt was $31.265 trillion, while GDP over the preceding year was $31.216 trillion, according to data released Thursday. That puts the ratio at 100.2%, compared with 99.5% when the last fiscal year ended Sept. 30. That figure will likely climb for the foreseeable future because the federal government is running historically large annual deficits of nearly 6% of GDP, which add to the debt. The government is spending $1.33 for every dollar it collects in revenue, and the budget deficit this year is projected at $1.9 trillion. That is little changed from 2025 as Republicans’ tax cuts kick in before their spending cuts take effect. The final tally will depend on Iran war spending, tariff refunds and the strength of the economy.” Excerpt From “U.S. Debt Tops 100% of GDP” Richard Rubin The Wall Street Journal https://apple.news/A25-A65g3TpKwZGqZMID0rg This material may be protected by copyright. Democrat spending just feels better, doesn't it comrade. 1 1 Quote
CdnFox Posted May 1 Report Posted May 1 4 hours ago, John Johnston said: Everybody knows this is all Hillary's fault. What are you talking about, the democrats never ran a deficit in their life! Quote "That which doesn't kill me... Had better start running."
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