Tfw the US would be 100% debt free right now if Bush didnt steal the election

>tfw the US would be 100% debt free right now if Bush didnt steal the election

Other urls found in this thread:

youtube.com/watch?v=O45zUlQPUQ0
ssa.gov/history/InternetMyths2.html
twitter.com/SFWRedditGifs

>He thinks you can pay off the (((debt)))

The (((echo))) is there for a reason, dipshit.

hey faggot we were on our way to paying it off now we are fucked

>pets.com was worth 100 gazillion dollars

Would Gore have gone to war in the ME? Or maybe a better question would be, would his head of the CIA have coordinated with the Mossad to create the impetus for war in the ME?

>believing Bill Clinton

yes

>actually paying off debt
>implying it isn't purposely imposed upon a population for enslavement
found the brainlet and historylet just off yourself mate

>hey faggot we were on our way to paying it off now we are fucked
The surplus had nothing to do with the debt.

>tfw Clinton was taking Social security overpayments and adding them to the general fund for a projected 10 year balanced budget

not sure ive read a more retarded thing in my entire life

Do you really not understand that a surplus is not the same thing as debt free?
Would you like a junior economics lesson on how a balance sheet works?

you are a dumbfuck, if your net income is negative your debt is increasing go back to communnity college chief

You can't even spell correctly

not an argument queer

...

You're shit at insults too.
>Can't spell
>Doesn't understand how surplus works on balance sheets
>Poor insults
Woman?

it wasn't

Bush promised us that those tax cuts and wars would just pay for themselves with super duper amazing gdp growth

sound familiar?

The world would be an entirely different place if Gore had won in 2000.

Or if Hillary had won in 2008.

Probably a better place.

Learn some fucking accounting.

The national debt has two portions: public debt and intragovernmental debt. The first one is stuff like bonds and is roughly $20T today. Intragovernmental debt is the money the government owes itself. Clinton raided social security and put IOU’s in there and that’s prt of the reason this number is closer to 100T when including unfunded liabilities.

Also dot com bubble.

The US would be debt free if it was all white. Niggers account for the deficit. Only whites pay taxes.

Gore the global warming prophet of doom who invented the internet?? Here's the problem. Both the DNC and the RNC are corporations that want the same thing. They present you with two choices, both of which will do the same thing. That's why you almost had Clinton vs Bush last election.

>. Clinton raided social security

No he didn't. You retards literally just made this up because you can't handle facts and reality that he balanced the budget.

It's the same thing with the unemployment rate being magically fake under OBama but now real again.

You retards just make shit up because you literally need a safe space from reality.

>he balanced the budget
No he didn't, son.

explain your idiocy please

call the cbo and ask them

Budget surplus has nothing to do with the national deficit unless the surplus is paid into it.

How the fuck did the us gov get into debt?

As long as you have a (((Central Bank))) you will always be in debt goyim

We've had debt since 1776.

Hiw the fuck is he US gov 20 trillion in debt??????????
Is there 20 trillion dollar worth of roads schools?

Why the fuck can the gov get into debt and subsecuently tax us to pay for tge debt they created?

>"we"
US gov is not we
The state had no debts in 1900s, it got its revenues fron tarriffs.

...

to fund pointless (((wars))) and keep the military industrial complex churning
Funny this board now shills for this shit

>US gov is not we
The Preamble of the US Constitution says otherwise.

The date on that meme is wrong FYI
James Madison was President at the time

>tfw the political climate is so polarized that old democrats are equated with new democrats and the "new" republicans are being equated with the old

Neocons are fucking terrible and they're definitely not fashy/useful/uncucked/anti-kike. We would have unironically been better off with Gore.

Shills always say Sup Forums is a bunch of neckbeards with no social life however Friday night is the most prolific time for shill threads.

>making an accurate statement that cant be refuted by bootlicker GOP clowns so get called a shill

Anyone who lost to that monkey Dubya is not worth mentioning. Saying he would have been better at this point is about as retarded as saying we would have been better off under McCain. The system was rigged from the very start. Douche vs Turd.

Look at how small that fucking hand is. Hahaha!

>Bush stole the election =/= accurate
That is shill rhetoric. You don't want to be called a shill? Then stop acting like one you dumb fuck.

>retarded turtle brother YEB was governor of FL and over saw (((recount)))
you sound like the shill tbqhfam

he's got big hands

big wang too

>the virgin "muh recount" vs the chad "hanging chad"
It wasn't that close once all the absentee ballots came in. I'm not a Bush fan but hey, Hillary did win the popular vote.

Everyone has a big wang when it's being held by child. WJC should hang for being a pedo.

>once all the absentee ballots came in

Yeah from GOP HQ

Monica was like 23. Settle down goober

leaf btfo

Military absentee ballots, leaf. We actually have a sizable military that could sway an election.

yeah Bush paid them back

Ewwww... creepy.

>Southern education

Yearly deficit vs OVERALL DEBT

It's like paying the minimum on your credit card, but you still owe 100k on the credit card. Oh look, you have a surplus because you were paying 1k a month, keep the "surplus" while you're still 99k in debt.

no burger

just no

Why do you care how much debt the government has? Like, in what context does that become someone's primary concern? You're worried you're going to have to pay it off yourself or something? Worried one day you'll be president and won't be able to buy fancy cars for your secret service?
Has the amount and quality of stuff you can buy gone up or down? That's what you need to worry about.

But the big thing is that GOVERNMENT DEBT = PRIVATE SURPLUS. If the government owes money that means that RIGHT NOW there's more money in private hands than there would have been if the government were NOT in debt. And private hands can use that money to help ensure that more productive capacity is being utilized to make more stuff. When people aren't working, you want the government to take on debt so private companies can hire people to make shit. And when those people are working they pay taxes that eventually pays back the debt.

...

At least our casualties are from a free military.

To be fair, Bush ALSO said he would reduce the national debt and create a trust-fund for Social Security. It wasn't until later that Bush was exposed as a liar and a con-man.

...

WTF I THOUGHT THE SURPLUS WAS FAKE

REEEEEEEEEEEEEEEEEEEEEEE

Yes, leaf, yes.

Clinton told these fucking Republicans not piss away his surplus in his farewell speech.

Guess what they did the moment they got the chance

youtube.com/watch?v=O45zUlQPUQ0

this is correct
Even if everyone of you would try to pay the debts pack you still would have billions of debts and no money left.
the jewish money-system is built on debts.
The state just prints more money to prevent a total collapse and causes inflation with this method.
Every single year, at least in germany, my money is 2.5-3% less worth
We need a currency that has an actual worth. I FUCKING WANT TO PAY MY BEER WITH GOLD COINS

Nice. I chuckled.
However, posting pictures of a man with his daughter makes me think you just don't have kids.

He didn't pay back shit, he shut down the first American bank and kicked out others.

>Tfw the military budget is probably the sole reason you are in debt in the first place

Lol you're the baseline budgeting retard? Let me educate you once and for all so you stop being a retard. Okay? Are you paying attention? Baseline budgeting has nothing to do with what the budget surplus or deficit is. You're extremely confused.

Baseline budgeting has to do with spending. So let's say the military budget is set to grow 3% this year, but you reduce it to only 1% spending growth. I would say you cut the growth in spending. You would chimpout like a teatard and say hurrdurr u didn't cut spending. No shit. You cut the growth in spending. Got it?

Btw, Republicans never cut spending anyways.

And none of that has to do with what the reality of the budget surplus or deficit in a given year is. Got it now?

Thank me.

Apologize

and stfu

that filipina was his daughter?

>Clinton raided social security and put IOU’s in there and that’s prt of the reason this number is closer to 100T when including unfunded liabilities.
Shit like this is the most misleading nonsense repeated by people who don't understand Social Security at all.
Look dude, the money you pay into social security goes IMMEDIATELY to retirees. It isn't held in some savings account to wait for you until you retire. When retirees die off or whatever and the government ends up taxing more from workers than it needs to pay to retirees, that surplus goes into the Trust Fund, which wasn't created until the Reagan admin, and over the decades had built up trillions of dollars. The point of the Trust Fund is to keep the surplus Social Security tax in the safest investments possible to use as a reserve in case there's ever a deficit of taxes to pay retirees. And the safest investment in the world happens to be US Treasuries: what you call "IOUS" - Clinton didn't raid anything, this is how it has been since Reagan. And Social Security operated just fine for decades without the Trust Fund, and when the Trust Fund runs out it won't really matter.
Social Security is such a massive program that there's really nothing else that you could invest the trust fund money into without causing a massive bubble that would pop at the first sign of recession, which is precisely when Social Security NEEDS there to be money in the trust fund.

Talk of "unfunded liabilities" as some dirty word is also stupid, because, as I already explained, Social Security is FUNDED AND PAID EACH MONTH. There will always be workers and retirees for the foreseeable future, so there will always be people who produce what retirees need to survive. You yourself will have to eat, pay rent, pay bills etc, for the rest of your life, until you retire, and you could add up all those expenses for decades and say that you yourself have about $1 mil in unfunded liabilities, but you will work to pay for them.

I stopped reading when I realized you're obamaleaf disguised as Clintonleaf.
Why are you so low energy tonight? Usually I pick up on your obamaleafiness much sooner.

i knew u were too retarded to understand

Surplus did not have anything to do with the debt is correct. The surplus only meant they had more money than they spent for a couple of years. Being Washington DC they then promptly figured out where to blow it, because in DC brains surpluses are the bad. Paying on the actual debt was like a one week debate, and both parties were against doing that.
Also the supposed surpluses were waning near the end of Clinton's term due to the collapsing tech bubble.
Also you can never have an actual surplus when you are trillions in debt. To think you have more money than you need when you are in hock is pure delusional thinking. Oh wait it is DC thought.

This is why the Republican is bad for the economy.

The surplus was fake; it was totally the social security trust fund that gave the country the extra money. Not counting the payroll tax, the US ran deficits in every one of Clinton's budgets.

FY1993 09/30/1993 $4.411488 trillion
FY1994 09/30/1994 $4.692749 trillion $281.26 billion
FY1995 09/29/1995 $4.973982 trillion $281.23 billion
FY1996 09/30/1996 $5.224810 trillion $250.83 billion
FY1997 09/30/1997 $5.413146 trillion $188.34 billion
FY1998 09/30/1998 $5.526193 trillion $113.05 billion
FY1999 09/30/1999 $5.656270 trillion $130.08 billion
FY2000 09/29/2000 $5.674178 trillion $17.91 billion
FY2001 09/28/2001 $5.807463 trillion $133.29 billion

Stop responding to leafs

The social security trust fund was always part of the budget u fucking retard. This was nothing new. Jesus Christ what is wrong with you people

this is what happens when u get all your information from craigsteiner blog.retard

There's ALREADY a trust-fund for social security you morons. When people try to pretend like social security will run out of money, they're misleading you and what they're really talking about is the TRUST FUND will run out. But the vast majority of SS PAYMENTS come from taxes EACH MONTH, and the Trust fund is only drained with PAYMENTS exceed TAXES. Social Security worked fine for like TWO GENERATIONS before the the trust fund was ever created. It was created during the Reagan admin PRETTY MUCH SPECIFICALLY to be able to pay for the increased population boom from the boomers.

So when the trust fund runs out after paying for Boomer retirement, it really doesn't fucking matter because that's exactly what it was supposed to do.

...

>dumb nig thinks a president directly controls the economy
>dumb nig doesn't realize a republican congress balanced the budget

Nah, I just know this leads to a circular argument. I've already told you our budgeting method is just a fucking math scheme. I manage fairly large multimillion dollar construction projects and I would be fired if my clients found out I inflated the budget just so I could tell them I cut the budget.

LOL the Social Security Administration made a debunking website because of how retarded you fucking morons are

ssa.gov/history/InternetMyths2.html

the absolute state of conservashits

What happened in 2001?

tax cuts and Bush kept America safe

>Paying on the actual debt was like a one week debate, and both parties were against doing that.
>Also you can never have an actual surplus when you are trillions in debt. To think you have more money than you need when you are in hock is pure delusional thinking.
The government is not a fucking business you dumb shit. If the government taxes a surplus, then that surplus should go back to the people in the form of tax credits/cuts/refunds. There's no reason to tax people extra to pay off the debt sooner.
There's no reason to pay off the debt at all. The more the government is in debt, the more wealth is in the hands of private business. If the government needs to raise revenue to pay off debt, guess what, it can sell off some of the massive tracts of land it holds in the western states. Like most of the western states is still owned by the federal fucking government, trillions and trillions of dollars worth of land, and it could sell that land to private owners like the rest of America, and use that revenue to continue paying off debt.

Listen, when you're a company or institution who buys American debt in the FIRST PLACE, you are usually doing it because you want a very safe investment that will make regular payments to you that you can then turn around and use to pay your own fucking bills regular bills. Lots of people who own US debt DONT WANT IT PAID BACK IMMEDIATELY OR SOONER. They want it paid back in small increments over long periods of time. If government paid it all back today, tons of people would turn around and buy debt in some other country, and that country would get the benefit of the investment.

Finance and economy are complicated things, and it sure is a shame that morons with a high school education are so arrogant in their complete lack of comprehension in how $20 trillion dollar enterprises operate.

And led to greatest growth in human history, creating the industrial revolution and bringing ALL of humanity into a better world.

Kicking the kike banks out of the U.S. was the best thing that ever happened to the world, until the jews shorted the markets and caused the great depression and both world wars.

>not realizing propaganda when you see it.
The cognitive dissonance is strong with you young obamaleaf.

There is no private surplus,because the currency is not real money, it is FIAT currency. The debt will matter when the US Dollar is no longer the World Reserve, and that is coming, then you can think Zimbabwe level inflation. People that are deluded enough to think that this nation is not one event from collapse are insane. This is why the smart people have the more important reserve currency which is weapons, and food stores. Everything else will be worthless including the supposed precious metals. This nation is bankrupt. And it is only because of everyone thinking of this as the land of eternal gibmes.

...

Socialist Security was always supposed to be a Trust Fund, the problem is you can never trust government around funds.

That was due Reagan's increased defense spending that forced the Soviets to spend money they didn't have on defense and caused their eventual collaspe which made the US into the sole superpower of the world.

He hacked the dnc then was shot literally coincidentally.
But I bet you'll believe whatever your government overlord tells you.

Your criticism is fucking retarded. $20 trillion government can't be conceptualized into a "multimillion dollar construction project".
The Social Security Administration, which is a body separate from the US Government proper, investing in US Treasuries, the safest investment in the world, as it was required to do by law since its inception under Reagan, is not a "math scheme".
By that logic, the whole society is a "math scheme" since in reality the government doesn't really have to tax anyone, it could just print up tons of money and deliver straight to whoever it decides needs it, and let people deal with the bullshit of repeatedly changing prices instead of paying taxes. But instead we have multiple levels of decision makers and exchange because that makes it a democracy instead of a monarchy. But taxing one guy and paying someone else is a "math scheme".

WTF IS THIS ?!!

don't forget he delivered pizzaranium to Ben Ghazi

Are you retarded?
money is a note of exchange that trades for goods and services, the government has no reason to be in this debt, its mind boggling how the gov is allowed to just get debt from banks and we are supposed to pay for that debt perpetually which in reality is just taxes to the banks who are the true gov.

>The debt will matter when the US Dollar is no longer the World Reserve, and that is coming, then you can think Zimbabwe level inflation.
No, you dumbass. The debt won't fucking matter AT ALL THEN. When you are printing $1 trillion inflated notes and the debt is $20 trillion, then guess what, your debt is gone. Because DEBT DOES NOT MAGICALLY AUTOMATICALLY INCREASE WITH INFLATION.
>If you owe someone $20 trillion today then you still owe them $20 trillion a year from now even if your currency becomes worthless and you have hyperinflation.
This is precisely why you always take on as much debt as you manage. Because when people invest in you, that's less money invested in your competitors. With more investment you can do more shit today to be ready for tomorrow. And if tomorrow you have hyperinflation all the debt is worthless anyway.

Wow the delusion is strong with you. And you will see it soon enough when of all comes crashing down. In your scenario the debt should ever grow, because the globalist corporations are being allowed to raid the countries future. The only mindset against paying off, or not having debt is those who are stealing from the people, and keeping them in a constant rollercoaster ride economy. Your line of thinking is why this nation is so screwed up.

>forgetting that it was Newt Gingrich that balanced the budget, not Bill Clinton