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Post by sigurdur on Mar 29, 2016 1:36:44 GMT
I don't know, almost scared to make a prediction because I was so far off in my prediction of when it would hit $19.
Today, I don't see how we can make it to the July 4th holiday and be under 19.5 trillion. I will state I hope my prediction turns out to be wrong, in that the debt hasn't hit 19.5 by that date.
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Post by sigurdur on Apr 4, 2016 1:47:20 GMT
$19,264,938,619,643.07 3/31/16
Damn, now it looks like July 4th may be another pipe dream!
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Post by sigurdur on Apr 23, 2016 21:32:31 GMT
That is the site that I use. On April 3rd, the number I posted would have been the National Debt. It might be a few days off tho, as there are gaps in days of reporting.
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Post by sigurdur on Apr 30, 2016 14:44:37 GMT
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Post by sigurdur on May 9, 2016 0:40:08 GMT
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Post by sigurdur on May 12, 2016 20:10:57 GMT
Funky math. Official level of debt does not indicate a reduction in April. Yet, this is a published story. www.reuters.com/article/us-usa-budget-idUSKCN0Y229GThe U.S. government posted a $106 billion budget surplus in April, down 32 percent from the same period last year, the Treasury Department said on Wednesday. The government had a surplus of $157 billion in April of 2015, according to the Treasury's monthly budget statement. Analysts polled by Reuters had expected a $112 billion surplus for last month.
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Post by sigurdur on May 13, 2016 17:01:13 GMT
nypost.com/2016/05/13/were-running-a-f-ing-casino-politician-tells-all-in-manifesto/An anonymous congressman has dropped a bombshell election-year book that confirms why Americans hate their national government and have rallied to anti-establishment presidential candidates like Donald Trump. The veteran politician lays bare a rotten and corrupt Congress enslaved by lobbyists and interested only in re-election in an anonymous, 65-page manifesto called “The Confessions of Congressman X.” “Like most of my colleagues, I promise my constituents a lot of stuff I can never deliver,” he admits. “But what the hell? It makes them happy hearing it . . . My main job is to keep my job.”
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Post by sigurdur on May 26, 2016 1:46:49 GMT
The author of the Binessinsider piece is correct that banks are not lending to small business. That is the result of the regulations put on by the Obama administration at the bequest of Goldman etal.
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Post by sigurdur on Jun 5, 2016 15:04:45 GMT
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Post by sigurdur on Jun 5, 2016 15:17:12 GMT
Spud market lead.
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Post by sigurdur on Jun 6, 2016 17:25:41 GMT
He forgot to mention two elephants in the room.
1. The present National Debt 2. The regulatory costs of all of President Obama's executive orders.
Both are huge economically. Funny how he doesn't know about these things?
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Post by sigurdur on Jun 17, 2016 13:34:56 GMT
Yep. The quiver is empty! We blew the wad with no results. Green energy subsidies, that are NOT productive. Supposed stimulus that went to banks, rather than projects that would make sense.
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Post by sigurdur on Jun 29, 2016 23:39:15 GMT
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Post by sigurdur on Jun 30, 2016 17:40:15 GMT
Sorta slowed down. Up 54 Billion so far in June. Was flat for awhile when income taxes were paid. Now that source of a bump is gone and we are on par to increase approx 60 billion in June.
That is a 720 billion per year pace.
Not slow at all really.
Year to Date the National Debt has increase 1.134 Trillion dollars. 3 months left in fiscal year. Another 180 billion would make FY 2016 rise to be 1.314 Trillion. And no one but Trump is mentioning it. Go figure eh?
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Post by sigurdur on Jul 2, 2016 1:12:16 GMT
The last day of June was NOT kind to the level of debt!
Increase of $151 BILLION in June.
IF that trend continues......that would be an increase of 1.812 TRILLION per year.
NOT GOOD!
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