NEVER argue or give Republicans any benefit of the doubt ever again. If someone says they're Republican you should immediately shut them out of your life.

This is what people said in 1992. And in 2008. Guess what happened

Why not the same country multiple times?

He has stated recently that the "global economy is just a big casino".

Considering his history with those, I interpreted that as a threat.

The casinos were just to launder money. They didn't need to be profitable.

Where are all these stickers at the gas pumps now that donny the diddler fucked things up?

Also worth noting just how "big brained" he is...if I'm not mistaken this picture is from when we were having a solar eclipse and he looked straight into the sun.

And a big shout-out to the big brains who voted third-party or chose not to vote Kamala for 'lol reasons'. You did that, too, take a bow!

These are rookie numbers, we need to pump those numbers

Not really. Debt to GDP was alredy over 100% when he took office. He did make it worse but it's not like it wasn't fault of every president since multiple decades

Shart of the deal

The debt is trickling down. Every dollar you give as taxes goes towards that debt and war machine. Since rich don't pay taxes all the debt payment is yours.

Even if you don't pay income taxes; sales tax, property tax, tariff is a payment towards the debt.

Get an umbrella, you know what is trickling down...

Unfortunately, the only part that trickles down is the bankruptcy part.

We were already bankrupt long before he took office.

A metric a lot of things experts tend to rely on is the debt-to-GDP ratio. The idea being that you can have an insane debt, but if your economic output is also insane, you'll be able to pay it off easier than a lesser economy. The US' is currently at 120%-ish as of earlier this year. Notable examples to pull from seem to be Greece, and how they defaulted from their debt spiral after failing a repayment (ratio: 180%), and Japan, which I believe currently holds the largest Debt-to-GDP ratio (238%-ish).

Edit: interjecting my thoughts that nobody asked for, is that debt seems like a weird unknown in the economic media I see. Like, growing a significant debt is bad, but it oftentimes is used on infrastructure that you can't just un-build, like what you can with a debt. When a country that did so defaults, I know there's studies into it, but it almost seems terribly underreported on. So much so that I can't say I'd know how things will unfold, especially with an economy of the US' importance.

Edit: also yeah, I'm saying the included image/article/whatever in the post is wrong. We surpassed that in 2013.

Every American, babies to retire owe like $100.000 (napkin math, IIRC it's even more) if you split up the debt.

I'd start thinking about that if I were an economist over there. Or a politician. Someone is going to have a huge, huuge, leverage over the usa til you fix that.

All those programs? A drop in the war bucket. We could have spent MORE on those programs healthcare and infrastructure, kept the tax breaks for billionaires and still have a bigger war bucket than the next few countries on the list.

I've been relistening to the Dungeon Crawler Carl audiobooks, so you'll have to forgive me...

"NEW ACHEIVEMENT! Your country's debts now exceeds every single dime of annual production! Not only that, but its government is practically racing towards a full blown fascist dictatorship. Reward... No rewards for broke opressed bitches!"

Is it really a mission objective when it is the main ploy to the plot. Just keep breathing and shitting.

New Mission Objective: Love yourself

Every cent should come from his voters and donor's accounts.

This is where you clap

Thanks Obama.

This is the little asterisk next to "republicans was small government*"

*cut the government agencies who exist to work within a budget and replace them with private companies who exist solely to generate profit...that they use to pay us.

This is also when they buy everything for minimal prices, increasing their own equity!

better now then the future, just like they would have been better even earlier, but thems the breaks

You forgot your /s

The illusion of scarcity needs to be maintained. Dollars are only worth something because the entire world believes they're worth trading for good and services. The only reason the U.S. government collects taxes and "borrows" money is to maintain the illusion.

If the US Government just conjured up trillions of dollars to pay it's debts, the world economy would collapse. So the Federal Reserve has to do it slowly via Quantitative Easing.

Yeah, the current world economy is made up so that the USA can basically print more money and get away with it.

The context being that debt has hit 100% of GDP during major shocks to the system: WWII, GFC, COVID and what?

But here's the kicker...would the 2012 stuff have happened if....Bush's deregulation policies didn't lead to the collapse of wall street

Is bonkers to see how many people are gong for this like it just happened, and seem to be fighting you on reality.