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Topic:
Where will our debt be after Obama's second term?
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-Espiritu-
Posts: 269
Registered: 2004-11-29 18:27:00
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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(empty archived post)
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Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
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Tych2
Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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Higher than where it is now.
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Drill Anwar!
Kapie
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Taliesihne
Title: Wind on the Deep Waters
Posts: 1,117
Registered: 2004-2-19 04:47:59
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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Where is the 'who cares' option?
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First comes smiles, then lies. Last is gunfire. -Roland Deschain, of Gilead
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Ashmaele
Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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About the same as it will be after Santorum/Romney/Paul/Gingrich's first term.
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Azure-TheBlueOne
Title: Made in Alaska
Posts: 319
Registered: 2003-2-24 19:25:37
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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Tych2 posted:
Higher than where it is now.
Ashmaele posted:
About the same as it [would] be after Santorum/Romney/Gingrich's first term.
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"When the government scares people into thinking it must take their liberties away,
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They are sheep."
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Moe_Nox
Title: In Moe We Trust
Posts: 1,962
Registered: 2007-2-4 12:17:56
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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Taliesihne posted:
Where is the 'it doesn't matter because he is a Dem' option?
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Currency should be bacon cheeseburgers and blow jobs... - Reese
Life at the Outpost: http://www.collegehumor.com/video:1771556
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Bjorvald
Posts: 334
Registered: 2002-4-5 20:51:00
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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I'm guessing 22 trillion (16 trillion + 1.5 trillion more per year of a second term). It's all funny money anyway, none of it will ever be paid back. Maturing bonds will just be replaced by new bonds and we'll continue to borrow more and more to pay the interest on a larger and larger amount of debt until it all implodes.
Divide 22 trillion by the number of working adults in the US for a nice /laugh.
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Blinknone, various toons on classic
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-Espiritu-
Posts: 269
Registered: 2004-11-29 18:27:00
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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Ashmaele posted:
About the same as it will be after Santorum/Romney/Paul/Gingrich's first term.
I agree that it will be more than $20 Trillion regardless of who wins.
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Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
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-Espiritu-
Posts: 269
Registered: 2004-11-29 18:27:00
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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Taliesihne posted:
Where is the 'who cares' option?
If this is your opinion, you are essentially the average American. Used to be a time that was a good thing. Today, well... I'm not sure that is where you want to be.
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Espiritu - SWTOR (retired)
Espiritu (MajorMUD, UO, DAoC, SB, FFXI, WoW, WAR, Travian, SC2, SWTOR)
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theredkay1
Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
Where will our debt be after Obama's second term?
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It will be a really big number. If interest rates are low, the cost will be minimal. If interest rates are high, that means the economy is booming. Either way, it doesnt reall matter.
The thing that matters is what we are spending money on and are we doing it efficiently. Worrying solely about dollar numbers is for dummies.
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