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Outstanding Public Debt to Hit $10T

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  • Outstanding Public Debt to Hit $10T

    $10 Trillion frickin' dollars... now THAT is "Fiscal Conservatism"



    http://www.treasurydirect.gov/NP/BPD...application=np

    25MM jobs in 10 years / 4% GDP Growth / Insurance for everybody / Schools flush with cash don't produce results
    Jan 2017: 4.7% U-3, 9.2% U-6, 62.7% LFPR, 5.2% Real Wages, 2.6% GDP, 19,827 DJIA, 2,271 S&P500, $2.316/gal

  • #2
    ...and we're about ready to add a '1' to that.


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    • #3
      Originally posted by Prngr44 View Post
      ...and we're about ready to add a '1' to that.
      10 Trillion and 1 dollars?


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      • #4
        Originally posted by kconn View Post
        10 Trillion and 1 dollars?
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        • #5
          Outstanding!

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          • #6
            It's okay - we can't be broke - we can just print more money.
            Turning the other cheek is better than burying the other body.

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            • #7
              Originally posted by marco View Post
              $10 Trillion frickin' dollars... now THAT is "Fiscal Conservatism"



              http://www.treasurydirect.gov/NP/BPD...application=np

              That guy with the electronic billboard displaying the debt is going to have to pony up some money to get a longer board.
              Go Cards ...12 in 13.


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              • #8
                Originally posted by TTB View Post
                That guy with the electronic billboard displaying the debt is going to have to pony up some money to get a longer board.
                Hopefully that'll be his last upgrade.
                25MM jobs in 10 years / 4% GDP Growth / Insurance for everybody / Schools flush with cash don't produce results
                Jan 2017: 4.7% U-3, 9.2% U-6, 62.7% LFPR, 5.2% Real Wages, 2.6% GDP, 19,827 DJIA, 2,271 S&P500, $2.316/gal

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                • #9
                  Originally posted by marco View Post
                  Hopefully that'll be his last upgrade.
                  God help us if it isn't

                  I just hope we can string this baby out for a few more years before it completely implodes.
                  Go Cards ...12 in 13.


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                  • #10
                    Originally posted by TTB View Post
                    God help us if it isn't

                    I just hope we can string this baby out for a few more years before it completely implodes.
                    You'd think that eventually they would turn the ship around.
                    25MM jobs in 10 years / 4% GDP Growth / Insurance for everybody / Schools flush with cash don't produce results
                    Jan 2017: 4.7% U-3, 9.2% U-6, 62.7% LFPR, 5.2% Real Wages, 2.6% GDP, 19,827 DJIA, 2,271 S&P500, $2.316/gal

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                    • #11
                      Originally posted by marco View Post
                      You'd think that eventually they would turn the ship around.
                      Slow it maybe.

                      We can hope for that.

                      One thing they will absolutely have to do is means test Social Security and Medicare...or seriously reform them.
                      Go Cards ...12 in 13.


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                      • #12
                        Originally posted by TTB View Post
                        Slow it maybe.

                        We can hope for that.

                        One thing they will absolutely have to do is means test Social Security and Medicare...or seriously reform them.
                        It's probably wise not to bet on either of them being available 30 years from now. They may be... but they may also be bankrupt - lots and lots of baby boomers coming online for those benefits. My dad being in the first wave.
                        25MM jobs in 10 years / 4% GDP Growth / Insurance for everybody / Schools flush with cash don't produce results
                        Jan 2017: 4.7% U-3, 9.2% U-6, 62.7% LFPR, 5.2% Real Wages, 2.6% GDP, 19,827 DJIA, 2,271 S&P500, $2.316/gal

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                        • #13
                          Originally posted by kconn View Post
                          10 Trillion and 1 dollars?
                          jackass.



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