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Author Topic: U.S. debt jumps $300 billion — tops $17 trillion for first time  (Read 982 times)

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Offline GourmetDan

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U.S. debt jumps $300 billion — tops $17 trillion for first time
« on: October 18, 2013, 06:02:52 pm »

U.S. debt jumped more than $300 billion on Thursday, the first day the federal government was able to borrow money under the deal President Obama and Congress sealed this week.

                               

By Stephen Dinan
The Washington Times
Friday, October 18, 2013



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"The heart of the wise inclines to the right, but the heart of the fool to the left." - Ecclesiastes 10:2

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Offline happyg

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Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
« Reply #1 on: October 18, 2013, 06:23:12 pm »
Our congresscritters don't care, since it's not their money to waste. If this keeps up, there will come a time that their grandchildren and great grandchildren will suffer because of what they are doing today. They are like children who can't think beyond the next election.
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Offline Rapunzel

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Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
« Reply #2 on: October 18, 2013, 06:24:11 pm »
That certainly didn't take long... one day.  It had miraculously been stuck at just under 17 trillion for a long time.
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Offline happyg

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Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
« Reply #3 on: October 18, 2013, 06:25:47 pm »
Quote from: Rapunzel on October 18, 2013, 06:24:11 pm
That certainly didn't take long... one day.  It had miraculously been stuck at just under 17 trillion for a long time.

If that was the truth, then, why in the heck can't they see where they are going wrong? Besides, they had to have spent billions keeping people out of public areas.
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Offline GourmetDan

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Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
« Reply #4 on: October 18, 2013, 06:46:09 pm »
Quote from: happyg on October 18, 2013, 06:23:12 pm
Our congresscritters don't care, since it's not their money to waste. If this keeps up, there will come a time that their grandchildren and great grandchildren will suffer because of what they are doing today. They are like children who can't think beyond the next election.

Might be a good time to invest in some hard assets...


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"The heart of the wise inclines to the right, but the heart of the fool to the left." - Ecclesiastes 10:2

"The sole purpose of the Republican Party is to serve as an ineffective alternative to the Democrat Party." - GourmetDan
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