Question -Any expert in economics?

[_aussieguy55]

I was checking online both US GDP and Debt

Currently Debt is around 21 Trillion and GDP is around 20 Trillion

Projected 2028 Debt 33 Trillion and GDP 29 Trillion

So debt will increase 12 Trillion?

Will this be a problem? What will Trump do about it as he will probably get himself President for life.

What is going to happen to your social security payments?

https://www.brookings.edu/blog/up-front ... looks-bad/

[_DoubtingThomas]

subgenius is an expert in economics. He spends a lot of hours watching Fox news and Steven Crowder.

[_aussieguy55]

Interest payments $474.5 billion

[_subgenius]

subgenius is an expert in economics. He spends a lot of hours watching Fox news and Steven Crowder.

You probably watch Fox News more than I ever do, especially since I cut the cable years ago....and who is Crowder?
I tend to enjoy Sowell on economics, but I try to aggregate opinions due to the nature of the subject matter.

But your consistency with being presumptuous is appreciated.

[_moksha]

subgenius is an expert in economics. He spends a lot of hours watching Fox news and Steven Crowder.

Not to one-up you, but Bach knows erudite managerial economics, as well as Trump's contribution to the Art of the Deal. Most likely he can do a google search for the figures from Breitbart and Infowars.

[_ajax18]

When did liberals start worrying about debt or believing the US should outspend our allies to fund NATO. Let all immigrants in and put it on the tab. $33 trillion is just a number on a piece of paper.

[_DarkHelmet]

When did Republicans stop pretending to care about the debt? They used to be the party that understood how money works, and would at least try to educate the country about deficits and debt. In reality, as has been pointed out by others, both parties run up the debt when they control both the White House and Congress, and Republicans actually run it up more, but the stereotype has always been that Democrats spend like drunken sailors while Republicans are the party of fiscal responsibility. The Republicans can't make that claim anymore. It appears Dick Cheney was right. When it comes to politics, deficits don't matter.

[_DoubtingThomas]

Not to one-up you, but Bach knows erudite managerial economics, as well as Trump's contribution to the Art of the Deal. Most likely he can do a google search for the figures from Breitbart and Infowars.

Hahahaha. The guy is a world leading expert.

[_Brackite]

When did Republicans stop pretending to care about the debt? They used to be the party that understood how money works, and would at least try to educate the country about deficits and debt. In reality, as has been pointed out by others, both parties run up the debt when they control both the White House and Congress, and Republicans actually run it up more, but the stereotype has always been that Democrats spend like drunken sailors while Republicans are the party of fiscal responsibility. The Republicans can't make that claim anymore. It appears Dick Cheney was right. When it comes to politics, deficits don't matter.

+100. The National debt was at 19.97 trillion dollars when Trump became President.
The National debt is now at about 21.2 trillion dollars. Link