These States are Now in a Recession

[BirdinHand]

Lol. Well no doubt you won't. Not sure who the "we" is, other than a typical elitist ploy to suggest that you are speaking for the vast many or something so much greater than yourself, which of course, you're not. Whenever somebody posts as a plural, it's telling. Your other bizarre notion is that I would leave. I never suggested I would. I'm a dedicated, patriotic American, but your sly, silly strawman is duly noted. Maybe you should take your own ill mannered advice. Your posts certainly don't reflect much contentment here in America

we may consider an "elsewhere

Suddenly you have a problem with your own words I guess

 

[Logophile]

You're just making shit up, posting something you heard someone else say. Countries actually grow their economies by borrowing all the time - even as much as 100% or more of their GDP. They can still grow.

Our debt levels are not at all healthy - on that we would agree. But that doesn't explain why about half the country's either in or near a recession. Growth has slowed because we're near the end of a money-supply growth cycle (they all come to an end eventually), significant technological shifts, the shedding of a workforce that was heavy in certain fields coming out of the pandemic (and is now in a labor market correction), and last but certainly not least, tariffs.

I hate to tell you this, but everybody generally posts/states what they heard someone else say or as we get older, read. We started that process when we were around a year or 2. We then put all that input together, form opinions predicated on what we perceive to be the truth and communicate those opinions .That's what we're doing here. You are not exempt from this process, unless you yourself are "making shit up" and would like to transfer that unfortunate behavior on to me. Posters on this forum often preface their comments with hostility and insults which serve no purpose other than to emphasize their mean streak. When you want to discuss policy sans the "making shit up" comment, I'll be more than happy to discuss it. Until then, i'm not inclined to indulge you

 

[Logophile]

Suddenly you have a problem with your own words I guess

No just yours

 

[Logophile]

Suddenly you have a problem with your own words I guess

A lot of folks are removing themselves from the fray. I just read a recent article about it, quite surprised at how prevalent that sentiment is. That doesn't mean I am adopting another country. I would never abandon America any more than I would my dependents

 

[Linc]

Trump is sabotaging every already approved project he can in blue cities and states.

 

[notquiteright]

It's $37 trillion now, it will be $38 trillion in December. But don't worry, according to the Magic Money Tree crowd, we can just keeping selling bonds to make the interest payments.

Fear not, TACO says the Tariff money will fund the Border War, War on Drug Cartels, War in American Cities, bail out American farmers, the long-promised Tariff rebate checks directly to Americans, rebuilding our ship building capacity, prop up failing authoritarian governments in South America, and a truckload or two of gold spray paint for all the Wayfair Decor going in the new ballroom. THEN.... after all of that, the generous leftovers will paydown the debt, buy back all foreign held Bonds....
Of course, the insanely rich would love us to keep running up debt. They can buy up Treasuries with their tax break money so the red ink they helped create can fuel their profiteering from the death spiral. I figure their escape plan is modelled after the CEO golden parachute escape plan of the invisible hand debacle from the Bush II administration...

 

[uptower]

 

[tharock220]

View attachment 67592916

The US is headed for year of record exports with Texas leading the way. No wonder my state isn't in a recession.

 

[Raven484]

If you are intetested on reducing the debt you should have voted for democrats.

Taking away Trump's first term and Biden's term because Covid inflated both numbers for them. Obama's almost doubled, 11.9 to 20T. Trump was 8.2 and Biden 6.2T increase that was blamed mostly on Covid.

 

[NolanVoyd]

Taking away Trump's first term and Biden's term because Covid inflated both numbers for them. Obama's almost doubled, 11.9 to 20T. Trump was 8.2 and Biden 6.2T increase that was blamed mostly on Covid.

False.

See post 56. The actual numbers, including covid adjustments.

 

[NolanVoyd]

Taking away Trump's first term and Biden's term because Covid inflated both numbers for them. Obama's almost doubled, 11.9 to 20T. Trump was 8.2 and Biden 6.2T increase that was blamed mostly on Covid.

False.

See post 56.

Includes inflation adjusted numbers

 

[Raven484]

False.

See post 56.

Includes inflation adjusted numbers

U.S. debt by president: dollar and percentage 2025

Of all the U.S. presidents, Barack Obama increased the national debt the most. Donald Trump ranks second due in part to coronavirus relief spending.

www.consumeraffairs.com

What’s the national debt by president?

Key points The national debt, the amount the federal government owes, has surpassed $35 trillion. All but two presidents since 1900 have contributed to the national debt. Too much debt compared to a country’s GDP can negatively impact economic growth. The federal government has countle

www.usatoday.com

US Debt by President | Chart & Per President Deficit | Self.

Here’s how much each President has contributed to National Debt, including decisions, events and statistics.

www.self.inc

US National Debt

Graphs show changes in the national debt and deficits by presidential administration, and the effects of spending, tax cuts and increases.

usfactsmatter.org

I like the last one because you can see how covid effected 2020.

https://www.newsnationnow.com/politics/which-presidents-added-most-national-debt/

FACT FOCUS: Who’s to blame for the national debt? It’s more complicated than one culprit

As political leaders work to reach a deal to raise the debt ceiling, some online have pointed fingers as to who is to blame for the national debt. One online claim argues former President Donald Trump increased the debt “more than any other President in American history.” While the debt did...

apnews.com

I can go all day. Obama wins. Biden and Trump had to deal with Covid, if not, they both would have been lower.

 

[Raven484]

Looking at U.S. presidents since 1913, Republican presidents added about $1.4 trillion per four-year term, compared to $1.2 trillion added by Democrats.

Ok, lets just go since Clinton.
Dems = 20 years in office x 1.2T = 24T
Rep. = 12 years in office x 1.4 = 16.8T

Take 60% of the 24T and you get 14.4T, pretty close. Both sides showed they do not know how to make a budget. In the last 32 years, in the end, the Dems have run up more debt.

 

[NolanVoyd]

U.S. debt by president: dollar and percentage 2025

Of all the U.S. presidents, Barack Obama increased the national debt the most. Donald Trump ranks second due in part to coronavirus relief spending.

www.consumeraffairs.com

What’s the national debt by president?

Key points The national debt, the amount the federal government owes, has surpassed $35 trillion. All but two presidents since 1900 have contributed to the national debt. Too much debt compared to a country’s GDP can negatively impact economic growth. The federal government has countle

www.usatoday.com

US Debt by President | Chart & Per President Deficit | Self.

Here’s how much each President has contributed to National Debt, including decisions, events and statistics.

www.self.inc

US National Debt

Graphs show changes in the national debt and deficits by presidential administration, and the effects of spending, tax cuts and increases.

usfactsmatter.org

I like the last one because you can see how covid effected 2020.

https://www.newsnationnow.com/politics/which-presidents-added-most-national-debt/

FACT FOCUS: Who’s to blame for the national debt? It’s more complicated than one culprit

As political leaders work to reach a deal to raise the debt ceiling, some online have pointed fingers as to who is to blame for the national debt. One online claim argues former President Donald Trump increased the debt “more than any other President in American history.” While the debt did...

apnews.com

I can go all day. Obama wins. Biden and Trump had to deal with Covid, if not, they both would have been lower.

So are you going to adress post 56 or not?

Oh and Obama's totall was over 8 years not four, averaged by year Trumps was bigger, even if adjusted for Covid

HISTORY.

Fact, Since 1913 Republican presIdents have added more than Democrats. (also cited in post 56).

 

[Raven484]

So are you going to adress post 56 or not?

Oh and Obama's totall was over 8 years not four, averaged by year Trumps was bigger, even if adjusted for Covid

HISTORY.

Fact, Since 1913 Republican presIdents have added more than Democrats. (also cited in post 56).

I did.
Obama had more and did not have covid. Did you even read any of the links I sent you. Once again, Biden and Trump's numbers were greatly inflated by covid.

 

[NolanVoyd]

Ok, lets just go since Clinton.
Dems = 20 years in office x 1.2T = 24T
Rep. = 12 years in office x 1.4 = 16.8T

Take 60% of the 24T and you get 14.4T, pretty close. Both sides showed they do not know how to make a budget. In the last 32 years, in the end, the Dems have run up more debt.

How convenient, keave Reagan out. Good move.

 

[NolanVoyd]

I did.
Obama had more and did not have covid.

Obama had more over 8 years (not four), year by year Trump had more.

and those numbers exclude covid debt.(apperantly you didnt read).

And dont forget Obama had the Bush recession to deal with.

Look at it averaged for years in office.

For example, a comparison of the average debt added per year for recent presidents shows:

• Joe Biden (2021–2024): Average of $1.9 trillion added annually ($7.04 trillion divided by 3.65 years).
• Donald Trump (2017–2021): Average of $2.05 trillion added annually ($8.18 trillion divided by 4 years).
• Barack Obama (2009–2017): Average of $1.19 trillion added annually ($9.55 trillion divided by 8 years).

Google Search

 

[Raven484]

False claim Trump increased debt more than any president | Fact check

The total federal debt increased more under the Obama administration than it did under Trump, according to government data.

www.usatoday.com

Last attempt.
I voted both times for Obama.
Trump and Biden both were better than him. And if you want to say Obama inherited Bush's recession. Trump inherited Obama's budget and you can say Biden inherited Trump's after covid. It always goes up. But Biden and Trump both had to deal with Covid. Obama didn't.

 

[NolanVoyd]

False claim Trump increased debt more than any president | Fact check

The total federal debt increased more under the Obama administration than it did under Trump, according to government data.

www.usatoday.com

Last attempt.
I voted both times for Obama.
Trump and Biden both were better than him. And if you want to say Obama inherited Bush's recession. Trump inherited Obama's budget and you can say Biden inherited Trump's after covid. It always goes up. But Biden and Trump both had to deal with Covid. Obama didn't.

I dont want "to say" it, it is a fact.

Bush handed Obama a recession. Obama handed Trump a booming economy.

Those are just facts.

And you ignored the facts in post 92.