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louis c

(8,652 posts)
Fri Mar 16, 2018, 06:22 PM Mar 2018

What Happened to the Republicans' Concern About the National Debt?

<snip>A large part of the national debt reflects the federal budget deficit, or the amount of spending above the revenues collected by the government. But the debt is rising faster than the amount of the budget deficit, as it also reflects things like federal lending for student loans and mortgage programs.

Peter G. Peterson Foundation President Michael Peterson said the milemarker is just the beginning, as Congress has just agreed to spend even more.

"Our national debt reached a staggering $21 trillion today, having grown by $1 trillion in just the past six months," he said. "Worse yet, this unfortunate milestone has only just begun to include the effects of the recent fiscally irresponsible tax and spending legislation, which added more debt on top of an already unsustainable trajectory."<snip>

https://www.washingtonexaminer.com/news/national-debt-hits-21-trillion

12 replies = new reply since forum marked as read
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What Happened to the Republicans' Concern About the National Debt? (Original Post) louis c Mar 2018 OP
They never did care about the National Debt Sherman A1 Mar 2018 #1
They never cared about it. JI7 Mar 2018 #2
Shock Doctrine....Naomi Klein Thunderbeast Mar 2018 #3
It Went To The Same Place As "Family Values"... LovingA2andMI Mar 2018 #4
They only care when the president has a (D) after their name NewJeffCT Mar 2018 #5
Seriously? Snackshack Mar 2018 #6
Read about rownesheck Mar 2018 #7
What? Me worry? trof Mar 2018 #8
Republican concern will rise again... davekriss Mar 2018 #9
Or, any of the other things they always claimed to stand for. UTUSN Mar 2018 #10
IOKIYAR, their concern will return upon election of the next democratic POTUS. onecaliberal Mar 2018 #11
As Dick Cheney said, Debt and defiects don't matter KWR65 Mar 2018 #12

Sherman A1

(38,958 posts)
1. They never did care about the National Debt
Fri Mar 16, 2018, 06:24 PM
Mar 2018

the plan has always been to rack up more and more debt to cut social programs.

Thunderbeast

(3,400 posts)
3. Shock Doctrine....Naomi Klein
Fri Mar 16, 2018, 06:29 PM
Mar 2018

The precise blueprint for economic policies engineered for the purpose of concentrating wealth and destroying democracy.

It is happening here. If you read her book, this will all look like a slow motion train wreck.

NewJeffCT

(56,828 posts)
5. They only care when the president has a (D) after their name
Fri Mar 16, 2018, 06:31 PM
Mar 2018

when it's an (R), all concerns go out the window.

davekriss

(4,616 posts)
9. Republican concern will rise again...
Fri Mar 16, 2018, 07:21 PM
Mar 2018

...once they’re ready to take another run at decimating Medicare, Medicaid, and Social Security.

UTUSN

(70,649 posts)
10. Or, any of the other things they always claimed to stand for.
Fri Mar 16, 2018, 07:35 PM
Mar 2018

We always knew they are rotten at the core.




KWR65

(1,098 posts)
12. As Dick Cheney said, Debt and defiects don't matter
Fri Mar 16, 2018, 08:02 PM
Mar 2018

In the end our government will declare bankruptcy by passing a law then settle the debt for 10 cents on the dollar.

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