Wastelander92
Member
If you have Venmo or PaypaL:
US GAF, you too can now send money to help pay off the US National Debt now!
- Thread starter Wastelander92
- Start date
DKehoe
Member
Not if you donate $45,001 every second.
Unknown?
Member
Sweet, now they can voluntarily rob you in addition to coercively robbing you.
If you seized all the wealth and every dollar from every billionaire in America including their home, car, stocks, vacation houses, yachts, etc. you would be able to fund the government one time for nine months.
If you made 100% tax rates for those making over 500k a year, you still wouldn't balance the budget.
If you seized all the wealth and every dollar from every billionaire in America including their home, car, stocks, vacation houses, yachts, etc. you would be able to fund the government one time for nine months.
If you made 100% tax rates for those making over 500k a year, you still wouldn't balance the budget.
March Climber
Member
Trogdor1123
Member
And here I thought that was called taxes. Silly me.
DKehoe
Member
Unknown Soldier
Member
You should be telling this to the liberals, they think a literal corpse being President the last 4 years before the current one took office was fine
March Climber
Member
Unknown?
Member
Could we not bring politics into this and keep it in monetary/economics?
Obligatory:
How do you always do this
Poppinfresh
Member
If Massie were president, Rand Paul VP, and Ron Paul Secretary of State, I might think about it. Assuming they had ended the Fed on their first day in office, of course.
willothedog
Member
Can't the treasury just print off a 36.7 trillion dollar bill and pay it all off?
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analog_future
Resident Crybaby
Days like these...
Have a Blessed Day
Let's get something straight Dr. Pepper is not an American thing. It is a TEXAN thing.
Doom85
Member
The Sum of Zero
Member
Lol fuck no.
diffusionx
Gold Member
you've been able to voluntarily submit money to the treasury to pay off the debt for decades. Get over yourself.
poppabk
Cheeks Spread for Digital Only Future
I just hope everyone realizes that no president or political party has any intention of decreasing the national debt.
Toons
Member
Trump has paid guy to defend him. He doesn't need you to do it.
diffusionx
Gold Member
It's just a fact, idiot
Gift Contributions to Reduce Debt Held by the Public | U.S. Treasury Fiscal Data
Monthly totals for gifts donated to the federal government to reduce debt held by the public.
fiscaldata.treasury.gov
Since 1996
I don't think it's conservatives. It's people in general. It would be INCREDIBLE to get someone in office who realizes the spending needs to stop and we need to balance this crap out. Even say, every person in America pays $1 on Jan 1st.. That is $340 million. Even better would be $1 a month. That's $4B a year. Imagine that for a sec...
Our debt is crazy and the only way it is going to even get anywhere is to take drastic measures.
Budget cuts and thinking outside the box.
Windle Poons
Made a crappy phPBB forum once ... once.
Came for the 'I'm doing my part' gifs.
Left disappointed.
Left disappointed.
Toons
Member
But thats not what got you riled up.
What got you riled up is that the dude criticized Trump.
Again. He can take it. You dont have to protect him.
Angry_Megalodon
Member
Damn, I'm touched, bro. I'm from Spain and our old flag had an eagle too, so I'm sending the spare money I had saved for the gacha pulls.
diffusionx
Gold Member
no, people really don't seem to know that this has been around for a while. You included.
Nobody actually cares about the deficit or debt. Dick Cheney was right about this, probably the only thing he was right about.
Put it into perspective. Deficit is now $2T a year. Walmart is the world's biggest company. They make $680B in revenue. So government deficit spending is 3 Walmarts. And people just accept this.
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Donald mac Ronald
Member
Stick the debt on the slate
Heimdall_Xtreme
Hermen Hulst Fanclub's #1 Member
And the orange is happy to see how he scams his voters.
Unknown?
Member
They realistically cannot decrease it under our debt based monetary system. If they pay it down, it will cause recession or even depression because paying it off will also eliminate the currency in circulation and cause a shortage. Which means deflation(prices going down) causing tax revenue going down in tandem. They like inflation because rising prices means more sales taxes, more capital gains taxes, etc.
They also can't NOT add more debt because when currency is created, it's borrowed into existence but requires to be paid back in interest. Well only the principle was created and not the interest, so now you need to borrow more to cover the interest which creates a need to borrow more to pay the interest on the debt you just created. It's a never ending cycle.
LimanimaPT
Member
This is a joke, right?
DownLikeBCPowder
Member
Spending needs more than to "decrease", it needs decapitation at this point. Sadly the nature of this system requires constant expansion with nothing more than limited contraction. By design it must fail in time.
Print 5 Trillion dollars?