The U.S. Govt is Broke Broke

badboys11

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This current Debt started with Bush Jr, Clinton had us in a Surplus. Bush Jr gave away the surplus as stimmy checks and got us into the wars
This is not true

Clinton produced budget surpluses for 3 years which allowed for a reduction of the public debt


The National debt still grew and increased over his two terms


Andrew Jackson is the only president to ever pay off the national debt. In 1835


Our national debt goes all the way back to 1835.
 

ReasonableMatic

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The Treasury just declared the U.S. insolvent. The media missed it​

By Steve H. Hanke and David M. Walker
March 23, 2026, 11:14 AM ET
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Steve Hanke is a professor of applied economics at The Johns Hopkins University and a member of the Board of Directors at the Federal Fiscal Sustainability Foundation. He is the co-editor, with Barry W. Poulson and John Merrifield, of Public Debt Sustainability: International Perspectives (Lexington Books, 2022). David M. Walker is the former Comptroller General of the United States and the Chairman of the Board of Directors at the Federal Fiscal Sustainability Foundation.
trump

U.S. President Donald Trump stops to speak to reporters as he departs the White House on March 20, 2026 in Washington, DC. CHIP SOMODEVILLA/GETTY IMAGES

The U.S. government is insolvent. That’s not hyperbole — it’s the conclusion drawn directly from the Treasury Department’s own consolidated financial statements for fiscal year 2025, released last week to near-total media silence. The numbers: $6.06 trillion in total assets against $47.78 trillion in total liabilities as of September 30, 2025.


Oh my god this is unbelievable :dwillhuh:

Send another 5 trillion to Israel :unimpressed:

 

Amo Husserl

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He's already added $8 trillion to the national debt..and what was the payoff, economies gone to shyt.
And hes making it worse.

Professors at the school he graduated from told america not to vote for him.

He still won. Its looking more and more likely that Obama was the peak of american leadership its just been trash ever since :wow:
Because Republicans can't govern
How are these statements going to change anything? He has two years left. Of course he was a bad decision, the people made their choice:

2024_large.png


Okay, he won. He's fukking up. Now what?
 

Scustin Bieburr

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How are these statements going to change anything? He has two years left. Of course he was a bad decision, the people made their choice:

2024_large.png


Okay, he won. He's fukking up. Now what?

The condensed version of that thread is:
1. Pay closer attention to local politics
2. Contribute to mutual aid organizations
3. Help take control of the economy back by shopping local when you can, supporting worker owned and small businesses and support any unionizing efforts in your workplace.
4. Cut down on social media use and spend more time doing other things.
5. Protect your data.

Thats the only way out of this without blood being spilled :manny:
 

horizon

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How are these statements going to change anything? He has two years left. Of course he was a bad decision, the people made their choice:

Okay, he won. He's fukking up. Now what?
You're trying too hard. You said the debt was out of control before 2016. It blows up under every Republican administration. That's what.
 

Fillerguy

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We've been on Fiat Currency since Nixon was in office. WTF is she talking about? :what:


0m59nK.gif
This ^^^

Because of this, we can't be insolvent. Our money is fake and our liabilities are fake, like Medicare and government pensions are fake. The global currency is the US dollar and only the US is authorized to make it.

We have no legal obligation to pay what we owe. Our currency is backed by nukes, guns and a bloodthristt ws. Nobody is going to pull our cards. Its why we can kidnap and kill leaders from other nations and threaten to invade our allies.

A world power isn't a business.
 
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