ECON US Federal Debt up 1 Trillion, 200 Billon and change in 2019.

[Doomer Doug]

the link is here.

https://www.cnsnews.com/news/articl...2-trillion-fy-2019-borrowed-9432-us-household

Federal Debt Up $1.2 Trillion in FY 2019; Borrowed $9,432 Per U.S. Household

That equaled approximately $9,432 for each of the 127,586,000 households the Census Bureau estimated were in the United States in 2018.

In the decade that began on the first day of fiscal 2010 and ended on the last day of fiscal 2019, the federal debt increased by $10,809,572,749,922—for an average of $1,080,957,274,992.20 per year.

That $10,809,572,749,922 in additional debt accumulated by the federal government over the past decade equaled approximately $84,724 per each of the 127,586,000 households in the United States in 2018.

On Sept. 28, 2018—the last business day of fiscal 2018—the federal debt closed at $21,516,058,183,180.23. On Sept. 30, 2019—the last business day of fiscal 2019—it closed at $22,719,401,753,433.78.

Thus, during fiscal 2019, the federal debt increased by $1,203,343,570,253.55 during fiscal 2019.

On Sept. 30, 2009—the last business day of fiscal 2009—the federal debt closed at $11,909,829,003,511.75. Thus, in the ten-year span from the beginning of fiscal 2010 to the end of fiscal 2019, the federal debt increased by $10,809,572,749,922.03.

That increase in the debt of $10,809,572,749,922.03 over the last decade equaled an average of $1,080,957,274,992.20 per year.

 

[Profit of Doom]

I’m sure the $10-16 trillion the clowns are planning to spend on climate change won’t affect that figure at all.

 

[TerryK]

This chart says a lot, both Parties suck

 

[tanstaafl]

This chart says a lot, both Parties suck

Note that regardless of what some Democrats like to claim about Clinton's imaginary budget surpluses, the national debt went up every single year of Clinton's presidency. They can play with the annual budget numbers all they like to put the best face on it (with pretend surpluses for political purposes), but if the national debt goes up that year then to me that means it's a deficit that year.

 

[billet]

This chart says a lot, both Parties suck


Truer words never spoken!!!!

 

[alchemike]

AU, AG and Bitcoin

o)<

mike

 

[Border Collie Dad]

Not too many fiscal conservatives

 

[20Gauge]

Note that regardless of what some Democrats like to claim about Clinton's imaginary budget surpluses, the national debt went up every single year of Clinton's presidency. They can play with the annual budget numbers all they like to put the best face on it (with pretend surpluses for political purposes), but if the national debt goes up that year then to me that means it's a deficit that year.

Using logic again. Not allowed!

 

[20Gauge]

At this point I no longer worry about the federal deficit. As long as people accept the dollar, I am going to do my best to prepare for what I know will happen at some point due to excessive spending. I have some PMs, lots of food, no debt other than house and a small bit on a rental and money put away for retirement.

Yes, I do realize that a number of things can go kaput, but you can only work with what is available.

 

[billet]

At this point I no longer worry about the federal deficit. As long as people accept the dollar, I am going to do my best to prepare for what I know will happen at some point due to excessive spending. I have some PMs, lots of food, no debt other than house and a small bit on a rental and money put away for retirement.

Yes, I do realize that a number of things can go kaput, but you can only work with what is available.

Same here, but I'm blessed by having zero debt. In any event, we're in MUCH better shape than the average Joe.

 

[20Gauge]

Same here, but I'm blessed by having zero debt. In any event, we're in MUCH better shape than the average Joe.

As we are also. We do have a plan to clear the house debt in the next 6-8 years. After that, it will be gravy. The problem is that I really think we only have about 5 years before things go south or at least in a money draining southern route.

 

[Dozdoats]

Too long to post it all, here's a teaser fwiw-

https://www.theburningplatform.com/2019/10/13/underestimating-them-overestimating-us/

UNDERESTIMATING THEM & OVERESTIMATING US

snip/ I suppose I continue to underestimate the level of maliciousness, gluttony, and pure arrogance of those pulling the strings behind the curtain, as they rape and pillage the dwindling financial resources of our empire in its death throes. These psychopaths in suits care not for this country or its people. These globalist pricks want nothing more than pliable slaves, distracted by their iGadgets, sports, and Hollywood drivel. /snip

Sorry for the brevity but the site is so loaded with crap I can't get a bigger swatch to copy and paste.

 

[20Gauge]

Agreed!