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Post by sigurdur on Feb 2, 2016 9:06:39 GMT
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Post by sigurdur on Feb 2, 2016 15:31:33 GMT
There is a lot of fiscal year left to go. I don't see how the debt won't rise another trillion in FY 2016. We may be past the point of no return now.
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Post by sigurdur on Feb 2, 2016 16:26:17 GMT
Notice how NO one except John Kasich is talking about the National Debt?
And he isn't gaining any traction.
This just isn't funny.
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Post by sigurdur on Feb 2, 2016 16:56:13 GMT
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Post by sigurdur on Feb 2, 2016 22:14:12 GMT
When the Fed Govt spends 9 Trillion dollars more than revenue, and the resulting economic growth is 2-3%, that tells anyone with some knowledge that the economy is in deeeeeep do do.
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Post by sigurdur on Feb 2, 2016 22:21:50 GMT
Speaker Ryan has no plan and really no clue. You can't keep passing legislation that spends trillions more than revenue and not expect the crap to hit the fan.
And you can't blame social security, which is what he does. That program still has over 2 trillion in the bank.
Congress needs to grow up, Republicans AND Democrats.
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Post by sigurdur on Feb 3, 2016 22:54:05 GMT
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Post by sigurdur on Feb 4, 2016 13:45:45 GMT
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Post by sigurdur on Feb 12, 2016 18:10:15 GMT
Yep, unfortunately!
The USA just isn't growing fast enough to overcome the debt increases anymore.
This isn't funny, this is actually really serious and the only person addressing this is Gov John Kasich!
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Post by sigurdur on Feb 12, 2016 22:56:27 GMT
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Post by sigurdur on Feb 13, 2016 16:21:43 GMT
NEWS NOW Kasich takes aim at George W. Bush-era spending ... Last-second put-back gives Quakers win over Dover ... Feb. 13 Top of the day ... Kasich takes aim at George W. Bush-era spending ... Last-second put-back gives Quakers win over Dover ... Feb. 13 Top of the day ... Kasich takes aim at George W. Bush-era spending Even as he intensified an effort to win the backing of conservative Republicans for next week’s South Carolina primary, Gov. John Kasich blamed former President George W. Bush and congressional Republicans for transforming years of projected budget surpluses into massive deficits. www.timesreporter.com/article/20160212/NEWS/160219708
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Post by sigurdur on Feb 13, 2016 16:45:12 GMT
Nope, not a chance.
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Post by sigurdur on Feb 23, 2016 18:41:17 GMT
Seems to be a race to see how fast we can get to 20 Trillion. Already $19.054 Trillion and February isn't even over.
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Post by sigurdur on Feb 23, 2016 20:37:41 GMT
Not as good as some of those!
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Post by sigurdur on Feb 24, 2016 0:10:10 GMT
I got a kick out of Harold Hamm. In 2014, Saudi started giving hints that they would let the price of oil decline to drive out shale oil producers. Ole Harold stated that Saudi didn't have the oil nor money to put the shale play out of production.
I chuckled when I heard Harold, thought to myself, I don't know what rosy rug you are hiding under, but the smoke drift must be monumental!
The Sauds aren't even at full production. Iran will start exporting in earnest. It doesn't take a rocket scientist to figure out the outcome on this one. All else aside, Sauds stillll have a lot of cash. Harold, not so much anymore.
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