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Play Nice 47th President of the United States: Donald Trump - Part 22: Insert Blame Here

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<-- Part 21 "Alien vs Predator" can be found here.

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<- 2024 Election Thread<- Kamala Harris Concedes<-- See Part 21.

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Thanks all.
 
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I assume you mathematical geniuses understand how US National debt is calculated. For the non economic inclined - US National Debt is calculated by combining total private and public debt with government debt.
Government debt had its smallest annualized rise since 2017. 214 million.

God you guys make me laugh.


try again no way GIF
 
I assume you mathematical geniuses understand how US National debt is calculated. For the non economic inclined - US National Debt is calculated by combining total private and public debt with government debt.
Government debt had its smallest annualized rise since 2017. 214 million.

God you guys make me laugh.
That's a fail , resubmit - maybe use AI next time?
 

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Interested to see whether he comes back with additional detail supporting his argument, or vacates the thread for a few days whilst the conversation moves on before having a go with a different pro-Trump talking point.
 
None - especially given it was at 17 (I think) when Biden was in power.
So you disagree with Trump himself on that?

 
I assume you mathematical geniuses understand how US National debt is calculated. For the non economic inclined - US National Debt is calculated by combining total private and public debt with government debt.
Government debt had its smallest annualized rise since 2017. 214 million.

God you guys make me laugh.
Ahhh no private debt (peoples mortgages / credit cards / student loans etc...) is included in that number, it's all government debt.
For someone so economically inclined I'm surprised you didn't know that.
Go do some research bro
 
Interested to see whether he comes back with additional detail supporting his argument, or vacates the thread for a few days whilst the conversation moves on before having a go with a different pro-Trump talking point.
Last time he/she was trolling here a few days back, he/she said they were done and dusted. Yet they came back again for more punishment instead.

Some people never learn.
 
I assume you mathematical geniuses understand how US National debt is calculated. For the non economic inclined - US National Debt is calculated by combining total private and public debt with government debt.
Government debt had its smallest annualized rise since 2017. 214 million.

God you guys make me laugh.

Source please?
 

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Just another one of the hundreds of weird things about this adminstration that they would seemingly take advice from someone like this. I mean, she seems to have a cow loose in the top paddock.
well she sure is at home on that farm then, lots of pigs, geldings and asses :grinv1:
 
Ahhh no private debt (peoples mortgages / credit cards / student loans etc...) is included in that number, it's all government debt.
For someone so economically inclined I'm surprised you didn't know that.
Go do some research bro
This did make my day, as an economically trained person.
 

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Last time he/she was trolling here a few days back, he/she said they were done and dusted. Yet they came back again for more punishment instead.

Some people never learn.
I think it's time to put them on ignore. I try my best to keep people off ignore if I disagree with them a lot (because I often find I learn more than from people I tend to agree with), but even I have a limit to that.
 
This did make my day, as an economically trained person.
Well then you would understand that it’s a little more complicated than it being a pure liability.
Whilst the bond is a debt, the purchase (cash) is an asset. That cash can in turn be used to purchase other assets, be used for investments or even be lent to other entities at a higher rate (hopefully)

It stands to reason that the buyers of government bonds are not doing it out of the goodness of their hearts. They expect a return

Government spending is however a sunk cost. These cannot be returned however again there is some nuance to it. Ie a public service bill of $1m may look sunk however this is offset by the returns of the spend of the employees.
 
No way is Trump thinking of Aus or your migrants on his own. Who in the admin could be pissed at Aus and hold a grudge right now? :rolleyesv1:
I don't know about someone being pissed off.

I think these guys genuinely think the whole world wants to be like them and their brainwashed MAGA acolytes.
 
Well then you would understand that it’s a little more complicated than it being a pure liability.
Whilst the bond is a debt, the purchase (cash) is an asset. That cash can in turn be used to purchase other assets, be used for investments or even be lent to other entities at a higher rate (hopefully)

It stands to reason that the buyers of government bonds are not doing it out of the goodness of their hearts. They expect a return

Government spending is however a sunk cost. These cannot be returned however again there is some nuance to it. Ie a public service bill of $1m may look sunk however this is offset by the returns of the spend of the employees.

Oh dear. You've just described a government issuing debt to fund spending. Issuing more bonds to cover ever-increasing spending is what has led to the record National Debt that you are refuting.

You're not the only one who fails to comprehend it - Trump is also clueless on this and most other aspects of governing.
 

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Play Nice 47th President of the United States: Donald Trump - Part 22: Insert Blame Here

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