Largest Debt in U.S History - Debt exceeds GDP for 2020

[Geijon]

Debt is estimated to exceed 102% of GDP in 2020 (https://www.cnn.com/2020/10/08/economy/deficit-debt-pandemic-cbo/index.html).

79% of GDP at near 3 trillion debt last year.
87% of GDP before 2020 stimulus.

Debt exceeds economy. (https://apnews.com/article/2e22a5f94e414f65429d9f91b7525c49#:~:text=Last%20ye ar%2C%20the%20debt%20burden,at%20home%20to%20avoid %20infection.)

Worst on record since 1948 for debt and 1947 on unemployment.

[beldar17]

gay

[Wrathbringer]

Debt is estimated to exceed 102% of GDP in 2020 (https://www.cnn.com/2020/10/08/economy/deficit-debt-pandemic-cbo/index.html).

79% of GDP at near 3 trillion debt last year.
87% of GDP before 2020 stimulus.

Debt exceeds economy. (https://apnews.com/article/2e22a5f94e414f65429d9f91b7525c49#:~:text=Last%20ye ar%2C%20the%20debt%20burden,at%20home%20to%20avoid %20infection.)

Worst on record since 1948 for debt and 1947 on unemployment.

Lol @ your rep

[Keller]

It didn't have to be this way.

Between tax cuts for the top 1 percent and a wholly ineffective pandemic response, we're here.

Vote.

[~Rocktar~]

It didn't have to be this way.

Between tax cuts for the top 1 percent and a wholly ineffective pandemic response, we're here.

Vote.

Or, a simpler solution, stop paying 3/5ths of the budget (according to 2015 numbers) out in entitlement payments.

[Seran]

Or, a simpler solution, stop paying 3/5ths of the budget (according to 2015 numbers) out in entitlement payments.

The general revenue budget is completely separate from Medicare and Social Security, which are paid for using separate withholdings. Entitlements ensure the safety of our most underprivileged and vulnerable, stop trying to kill them off Adolf

[Alfster]

Or, a simpler solution, stop paying 3/5ths of the budget (according to 2015 numbers) out in entitlement payments.

You should try to understand how funding works. Ignorance is strong.

[beldar17]

Until you see firsthand the kind of people that use welfare and what they do with it......it is criminal. The weak and lazy will always try to champion the weak and lazy.

[~Rocktar~]

The general revenue budget is completely separate from Medicare and Social Security, which are paid for using separate withholdings. Entitlements ensure the safety of our most underprivileged and vulnerable, stop trying to kill them off Adolf

No. Medicare and Social Security are not the only entitlements. They haven't been separated since Clinton lumped everything together to "balance" his budget. And entitlements enslave the poor and keep them poor.

[Parkbandit]

Until you see firsthand the kind of people that use welfare and what they do with it......it is criminal. The weak and lazy will always try to champion the weak and lazy.

Welfare programs are supposed to be stop gap measures.. safety net programs.. to get you through a difficult time until you can stand up on your own two feet.

[Parkbandit]

It didn't have to be this way.

Between tax cuts for the top 1 percent and a wholly ineffective pandemic response, we're here.

Vote.

It's retarded posts like this that make me question you are supposedly a tax attorney.

[beldar17]

and like everything else, people abuse it. Give them an inch and they will take a mile, its so true. Same reason people would not go to work when they were given too much added to unemployment checks. Inherent good in people is decidedly small when it comes to money.