The Soapbox

Joined: 03/16/2005 Posts: 16482
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What's this?

Just wait for the cost of interest and the deficit as 1% debt on the

the books and is replaced by 4+% debt. I have been posting about this for 10 years.

[Post edited by 81_Hokie at 01/03/2024 09:15AM]

(In response to this post by hoolstoptheheels)

Posted: 01/03/2024 at 08:37AM

+2

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Current Thread:

34 and there's so much more. We have hit a new milestone (AP News link) -- Tuckahokie 01/03/2024 06:03AM

About 126% of gdp for 2023, I think. It was a bit higher 12 mths ago -- hoolstoptheheels 01/03/2024 08:13AM

Federal debt interest payments are now about 16% of the budget, do you -- Tuckahokie 01/03/2024 09:39AM

It’s impossible not to foresee it at some point. Maybe soon, depending on -- hoolstoptheheels 01/03/2024 10:25AM

Just wait for the cost of interest and the deficit as 1% debt on the -- 81_Hokie 01/03/2024 08:37AM

Yep. ** -- Los Angeles Hoo 01/03/2024 09:11AM

"Yep" what? Are you finally acknowledging the hyper partisanship must stop? -- Blah 01/03/2024 09:40AM

Debt to gdp is poised to go up significantly in ‘24. Higher rates, almost -- hoolstoptheheels 01/03/2024 08:47AM

It's okay, Tuck. NPR just had on Bernie's staffer that sed that $34T... -- ResistHoo 01/03/2024 07:28AM

You realize this is just an election tactic. Neither the Democrats ... -- Blah 01/03/2024 06:14AM

If a candidate told their potential voters what would need to be done to -- Tuckahokie 01/03/2024 06:16AM

Then you get it. Neither party cares. Certainly, the current GOP ... -- Blah 01/03/2024 06:21AM

Ironic...don't you think. And the funny thing is, those most vociferous -- GoochlandHoo 01/03/2024 08:02AM

And don't forget tax cuts. Always tax cuts. ** -- 81_Hokie 01/03/2024 08:37AM

Well, I'd have to say, I do prefer tax cuts to giving more to the gov't -- GoochlandHoo 01/04/2024 07:45AM

Tax cuts generate MORE tax revenue though ** -- Hoo TV 01/03/2024 08:42AM

Sorry, I should have said tax cuts for the WEALTHY and corporations, of -- Hoo TV 01/03/2024 09:00AM

If we cut tax rates to 0 we would have a budget surplus. Either that or -- 81_Hokie 01/03/2024 08:44AM

Remind me, who is the current president? ** -- Lupos 01/03/2024 07:33AM

Dumb post, as usual. ** -- SixerHoo 01/03/2024 10:03AM

Nice self-awareness, glad you realized Trump isn't president and did not -- Lupos 01/03/2024 10:56AM

The national debt increased $7.8 trillion during Trump’s admin, Einstein. -- SixerHoo 01/03/2024 11:06AM

Of course, this typical politicization of the whole thing is the problem. -- hoolstoptheheels 01/03/2024 08:26AM

Spend too much, go broke. If you overextend your finances, you'll end -- Lupos 01/03/2024 09:21AM

How can it come from the top when we don’t reward leaders making -- hoolstoptheheels 01/03/2024 09:25AM

This. We get what we (collectively) deserve -- SysHoo 01/03/2024 11:27AM

Exactly - we shud vote for the teem where no one worries about the debt... -- ResistHoo 01/03/2024 07:31AM

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