Interesting debt graphic

[jazz]

chucks hero Brain Bead Biden is bringing in another $6T to the US debt. Chuck doesnt understand reserve currency which we dont have.

Canada elected a retard that has put us in a sovereign default position.

[Guest]

Trump also increased the US debt to record levels.

Trump’s most enduring legacy could be the historic rise in the national debt
It rose almost $7.8 trillion during his time in the White House — approaching World War II levels, relative to the size of the economy. This time around, it will be much harder to dig ourselves out.

By Allan Sloan
and
Cezary Podkul

https://www.washingtonpost.com/business/2021/01/14/trump-legacy-national-debt-increasee/

The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.

The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration, according to a calculation by Eugene Steuerle, co-founder of the Urban-Brookings Tax Policy Center. And unlike George W. Bush and Abraham Lincoln, who oversaw the larger relative increases in deficits, Trump did not launch two foreign conflicts or have to pay for a civil war.

WTF is wrong with you?
They need to move that *** like button to the other side

[chuckChuck]

Several credit rating agencies still have Canada at AAA. HMMM?

If we were the basket case you all make us out to be, then whats wrong with the credit ratings agencies because they don't seem to agree.

[4GFarms]

Cause maybe they are on the payroll too!
Sorry to say but we need someone to increase interest rates to get this situation under control. Inflation is running wild thanks to Trudeau’s spending.

[chuckChuck]

Cause maybe they are on the payroll too!
Sorry to say but we need someone to increase interest rates to get this situation under control. Inflation is running wild thanks to Trudeau’s spending.

On the payroll? That's the best you got? LOL

And inflation is high in the US after all the Trump spending too!

[furrowtickler]

Words never so true .....

[sumdumguy]

O’Toole and Singh are at each end of the country, meeting the public. Skippy is having a play-day or maybe he’s scared to stick his head out. He could have such hurt feelings that he will RESIGN. (It’s our fault that his iddy biddy feelings are hurt.)

[Hamloc]

Trump also increased the US debt to record levels.

Trump’s most enduring legacy could be the historic rise in the national debt
It rose almost $7.8 trillion during his time in the White House — approaching World War II levels, relative to the size of the economy. This time around, it will be much harder to dig ourselves out.

By Allan Sloan
and
Cezary Podkul

https://www.washingtonpost.com/business/2021/01/14/trump-legacy-national-debt-increasee/

The national debt has risen by almost $7.8 trillion during Trump’s time in office. That’s nearly twice as much as what Americans owe on student loans, car loans, credit cards and every other type of debt other than mortgages, combined, according to data from the Federal Reserve Bank of New York. It amounts to about $23,500 in new federal debt for every person in the country.

The growth in the annual deficit under Trump ranks as the third-biggest increase, relative to the size of the economy, of any U.S. presidential administration, according to a calculation by Eugene Steuerle, co-founder of the Urban-Brookings Tax Policy Center. And unlike George W. Bush and Abraham Lincoln, who oversaw the larger relative increases in deficits, Trump did not launch two foreign conflicts or have to pay for a civil war.

Again Chuck what the f**k has this got to do with Canada?! This thread was about Canadian Prime Ministers , are you unable to comprehend what you read?!?!?!

[flea beetle]

Don't worry Ohtool is promising to balance the books in 10 years! Which means never in political speak.

How can fiscal conservatives vote for such a free spending liberal lite like Ohtool? And also ask for more government help at the same time?

Once Trudeau's gone it will be Liberal lite for the next 10 years and suddenly all will be well?

If the NDP win in Alberta and Manitoba, I guess Wexit will be off the table for awhile even though it never really was s serious option.

The reality is for the right wing permanent mal contents, the complaining will never stop.

10 years is the minimum amount of time it will take to stop the bleeding Trudeau has caused. The graph in the original post shows why.

[Sodbuster]

I don’t get it Chuck 2, what the #### does Trump have to do with Canada’s spending and dept. Were they in a race to see who could spend the most? Wish the hell you could stick to the topic, if not don’t bother to respond.

[4GFarms]

On the payroll? That's the best you got? LOL


I am starting to wonder if maybe you are on the liberal payroll too Chucky boy!!

Biden has had 3/4 of a year to steer the states in the right direction but hasn’t done a good damn thing. Oh right, he naps all day. Maybe kamela likes it that way. Liberals are destroying this country and you are to proud to see the train that will hit you. Where is the balanced budget that Trudeau promised. All I know is my kids better take accounting classes to hide from all the taxes in the future.

[Ooofty]

Trump supporters generally ignore Trump's near record deficits but are outraged by Trudeau's. No surprises there.

Both countries used their relatively strong positions to make sure their economies didn't collapse during the covid crisis. A severe recession was the other option.

No doubt we are living well beyond our means with very high levels of personal and government debt. We are also exhausting natural resources and crippling ecosystems at an alarming rate.

A lot of what we are doing is not sustainable in the long run.

"We" aren't doing this. That brain dead ****head in Ottawa is.