deficit

  1. Doomer Doug

    ECON Federal Government to Run Out of Money in 4 Days

    The US Government will run out of money starting on December 5th, 2021, and, according to Yellen, physically run out of cash on December 15th, 2021. My personal take is TPTB will muddle through and pass "something," on 12-15, more or less. Mitch the Bitch got his feelings hurt the last farce...
  2. Doomer Doug

    ECON Biden/Harris Road Trip Next Week 3 Trillion

    Joe Biden and Kamala Harris will go on a road trip next week to push their 3 TRILLION DOLLAR plan for infrastructure spending. This is in addition to the 1.9 $TRILLION Covid Stimulus program. Yes, Virginia biden will have raised the US DEBT TO $33 TRILLION when his 5 trillion is added up, from...
  3. Doomer Doug

    ECON US Senate Passes Stopgap Spending Bill to November 21,st 2019

    On top of everything else now going on, it looks like the annual "can't pass a Federal Budget On Time," scenario is playing out for the umpteenth time. The Federal Government has been consistently unable, year after year, to pass a unified budget, on time and on budget. The Federal Government...
  4. Doomer Doug

    ECON US Total debt is 222 TRILLION DOLLARS

    One of the dominating economic realities, both here in the USA and the entire world is the debt is not sustainable, much less able to be repaid. It is a simple fact that the USA will, at some point in the future, suffer a debt repayment crisis. It is beyond contention that this will happen. When...
  5. Doomer Doug

    ECON TRUMP THE BIG SPENDER? (Original posted March 2018)

    The total US government debt has now reached $21 TRILLION in the first year of POTUS Trump. Obama increased debt from around $ 10 TRILLION to $20 TRILLION, so Trump is in the same general range. I have seen articles claiming Trump is going into debt slightly slower, and less than Obama, which...
  6. dstraito

    ECON About That Spending Chart Liberals Have Been Waving Around …

    About That Spending Chart Liberals Have Been Waving Around … The other night in a debate on Chicago’s PBS station, the host threw in the face of Heartland’s Steve Stanek a chart promoted by big-spending liberals — such as The Washington Post’s Ezra Klein — that is supposed to be proof that...
  7. dstraito

    POL 'WE'RE DIGGING OUT OF A HOLE'

    Fair use: from http://www.dailymail.co.uk/news/article-1345047/Glimmer-hope-U-S-economy-jobless-rate-falls-lowest-level-19-months.html 'We're digging ourselves out of a hole': Obama upbeat as jobless rate falls to lowest level for 19 months Okay, what is the first rule when you have dug...
Top