Message from @SnowWhite❄

Discord ID: 781889162856497193


2020-11-27 14:23:14 UTC  

Yeah it grew but not as quick

2020-11-27 14:23:16 UTC  

Until the lockdowns

2020-11-27 14:23:17 UTC  

And not as much

2020-11-27 14:23:34 UTC  

yeah the growth really wasn't slowed

2020-11-27 14:23:36 UTC  

But yes, he did not decrease the debt

2020-11-27 14:23:40 UTC  

The lockdowns not only that they cause more problems on the long run but it’s also just an awful thing to do

2020-11-27 14:23:57 UTC  

snowly growing? haven't u seen the chart? he increased the RATE of growth a lot

2020-11-27 14:24:09 UTC  

My bad

2020-11-27 14:24:29 UTC  

that's why it's hard to reduce the debt also because people keep protecting the politicians that are bankrupting them

2020-11-27 14:24:37 UTC  

imagine adding 4.3t to the debt because otherwise the economy would have completely collapsed which it nearly did...

2020-11-27 14:25:37 UTC  

even if the pandemic didn't happen the current debt would be around $23.7 trillion

2020-11-27 14:25:37 UTC  

The world is changing... the world’s superpower is falling... and the new superpower will most likely be... 🇨🇳

2020-11-27 14:25:40 UTC  

I am not defending the debt that Trump added... I am saying that it is shit we even have this much to begin with. The fact that from 2019-2020 the debt went from 22t to 27 is pretty criminal

2020-11-27 14:26:41 UTC  

what was the national debt in 2008?

2020-11-27 14:26:43 UTC  

even if the pandemic didn't happen the current debt would be around $23.7 trillion
which means he would've added $4.2 trillion instead of $7.5 trillion

2020-11-27 14:27:04 UTC  

around $10 trillion , obama increased a the debt a lot

2020-11-27 14:27:17 UTC  

> The national debt (or government debt) of the People's Republic of China is the total amount of money owed by the government and all state organizations and government branches of China. As of May 2020, it stands at approximately CN¥ 39 trillion (US$ 5.48 trillion), equivalent to about 48.4% of GDP. Standard & Poor's Global Ratings has stated Chinese local governments may have an additional CN¥40 trillion ($5.8 trillion) in off-balance sheet debt. The high debt level is a current economic issue facing China.

2020-11-27 14:27:23 UTC  

Hey at least China has debt too

2020-11-27 14:27:26 UTC  

😎

2020-11-27 14:28:08 UTC  

Everyone is in debt lmao

2020-11-27 14:28:23 UTC  

looks like 6.4t in 2008, and in 2012 (first 4 years of obama) it was 16.3t.. so first 4 years of obama he nearly tripled the national debt

2020-11-27 14:28:25 UTC  

obama , bush and trump don't care about fiscal responsability, the debt in 2000 for example was $5.7 trilllion

2020-11-27 14:29:02 UTC  

in 2008 the debt was $10 trillion and in 2012 the debt was 16.3 trillion

2020-11-27 14:29:21 UTC  

no look at how much Obama spent compared to trump

2020-11-27 14:29:32 UTC  

wiki said it was 6.4 for some reason will look at other places

2020-11-27 14:29:39 UTC  

thats what she means

2020-11-27 14:30:15 UTC  

A new zeducated I see

2020-11-27 14:30:16 UTC  

i know man im not a trumpist, im not a democrat im a libertarian that's pissed whith the current president and the previous presidents for bankrupting the country

2020-11-27 14:30:25 UTC  

China has way more issues economically than just debt, plus debt at a national level isn't really overly relevant in actuality - hence why we just keep growing it

2020-11-27 14:31:29 UTC  

De Blasio's wife has to be the ugliest wife in politics....

2020-11-27 14:31:32 UTC  

treasurydirect says 10t while wikipedia says 6.369t I am more inclined to believe the crap government website over the wikibs website 🙂

2020-11-27 14:31:55 UTC  

and keep in mind: if the pandemic didn't start , the debt trump would've added would be $4.2 trillion in his first 3 years instead of $7 trillion

2020-11-27 14:32:16 UTC  

Sup people

2020-11-27 14:32:35 UTC  

that's why it's hard to reduce the debt, because people keep defending the stupid idiots that are bankrupting them

2020-11-27 14:32:37 UTC  

National debt is like impossible to get of probably

2020-11-27 14:32:51 UTC  

🌮

2020-11-27 14:33:17 UTC  

but it's possible to start decreasing it by cutting 1/5 of overall spending

2020-11-27 14:33:31 UTC  

no we can get out of it if we cut spending by 10% for 5 years... by a 10% cut i mean an actual cut... not a cut on projected spending.

2020-11-27 14:33:44 UTC  

I said probably

2020-11-27 14:34:09 UTC  

*hair flick*

2020-11-27 14:34:10 UTC  

I want something good to eat