The Briefing Room

General Category => National/Breaking News => Topic started by: GourmetDan on October 18, 2013, 06:02:52 pm

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

U.S. debt jumped more than $300 billion on Thursday (http://www.washingtontimes.com/news/2013/oct/18/us-debt-jumps-400-billion-tops-17-trillion-first-t/), the first day the federal government was able to borrow money under the deal President Obama and Congress sealed this week.

                                (http://media.washtimes.com/media/image/2013/10/18/debtchart_s220x118.jpg?44bcc6de64ef656cda4f527b1be4e17fb6f9baee)

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



Title: Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
Post by: 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.
Title: Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
Post by: 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.
Title: Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
Post by: happyg 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.
Title: Re: U.S. debt jumps $300 billion — tops $17 trillion for first time
Post by: GourmetDan 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...