What debt ceiling? “Spend, Spend, Spend goes the Trumpie…” NOW to stop himself from requiring a government shutdown Trump simply demands to end the debt ceiing all together! (go figure).

https://www.cbsnews.com/news/debt-ceiling-trump-congress/

by RichKatz

15 comments

  1. Rather fitting, Chump has spent his whole life wasting other people’s money.

  2. And just like that no republican will mention the national debt until the next time it doesn’t work on their favor. 

  4. During his first term, Trump tweeted for the Fed to print up money to buy burgeoning federal debt in an exercise known as “quantitative easing”.

    https://www.thetrumparchive.com/?searchbox=%22quantitative%22

    A brand new Congress has been elected, and this ploy is designed to take the “debt ceiling” issue out of their hands. I think the debt ceiling should be only for 6 months, and then the new Congress can have a crack at it.

    QE without an exit strategy is pretty much “print and spend”. I think that is what ole Trumpy is all about.

  5. All I heard from republican pedestrians were cries about the country being in so much debt. What better way to fix that than to just eliminate the debt ceiling so no one knows how much in the hole we are(as if the rest of the world doesn’t keep tabs). Such smart people. smh 😮‍💨

  6. bankrupt 6 times … and his big idea is ‘print more money’

  7. Scrapping the debt ceiling is an extremely smart policy idea. It’s a self-imposed rule that harms the public purpose. No other developed economy has one.

  8. And just like that, Democrats are going to pretend they care about spending again.

  9. Why tf are we still pretending national debt is a bad thing?

  10. Democrats should learn from McConnell. Oppose everything, offer nothing. Let the GOP own the shit show

  11. I’m sorry. End the debt ceiling? It’s like he’s trying to make this place a 3rd world country. 

  12. Actually, if there’s one good thing Trump could unintentionally do (for presumably all the wrong reasons), it would be to permanently remove the debt ceiling.

    The debt ceiling is an utterly useless control measure (obviously if the government in charge wants to spend or cut revenues, they have no problem raising it to spend or cut revenues) and a ticking time bomb of very real economic danger that gets used to take the US economy hostage by shitty governments. Under NO circumstances should we be risking defaulting on the debt – that would have catastrophic impact on financial markets and extremely destructive impact on the US economy.

    If you want to put controls on spending or the deficit, put controls on spending or the deficit. But do not risk defaulting on US sovereign debt as that is an own goal of monumentally stupid proportions with zero advantage or upside to anyone but the dumb psychopaths (in every case so far, Republicans) who weaponize it to hold the US economy hostage with it every few years.

    It’s a dumb game of chicken that achieves none of its stated objectives – get rid of it.

  13. Trump wants to extend his tax cuts. Can’t do that with a debt ceiling.

  14. “Small government”

    “Fiscal responsibility”

  15. So this means all the Trumpers that have been crying from the hills about the debt will feel betrayed now, right? Right?

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