Trump's Budget
POSTED BY: JEWELSTAITEFAN
UPDATED: Monday, July 13, 2026 16:10
VIEWED: 32160
PAGE 3 of 32
Quote:
Originally posted by DREAMTROVE:
65% of those foreign investors are govts, and 35% are indidvudals holding bonds. The fact that they are not US citzens has nothing to do with the fact that they hold US Govt Bonds.
Ergo, 22% of the debt is foreign debt. This slice of the pie has gotten a lot larger recently.
Do you know the quantity or amount of foreign debt, by your definition, which existed in 2006?
And the same for "foreign investors" in 2006?
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Not off hand, but it was radically less. I was surprised it was as high as it was.
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I ran across this:
http://ticdata.treasury.gov/Publish/mfh.txt
Looks like from end of Oct to end of Nov 2016 China offloaded some U.S. "investment".
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Found some decent charts.
Looks like 2006 Foreign Debt was 24% of the pie, or a little under $2 Trillion.
Most recent data shows currently 34%, and with Debt currently about $19.875 Trillion that would be a little under $7 Trillion of current foreign "investor" debt.
This means that in the past 10 years, Obama and the Democrats have been able to sell off about $5 Trillion of America, mostly to China. That would be about half of the $10 Trillion of debt that they created.
http://www.data360.org/dsg.aspx?Data_Set_Group_Id=272
https://fred.stlouisfed.org/series/FDHBFIN
You may be surprised, but I am not, by a long stretch.
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How does a country double it's massive financial deficit in a decade yet have the lowest quality of life for its citizens since after the Great Depression?
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Quote:
Originally posted by 6STRINGJOKER:
How does a country double it's massive financial deficit in a decade yet have the lowest quality of life for its citizens since after the Great Depression?
Very very easy: elect Democrats who are trying to destroy America.
Also, be careful about use of Deficit and Debt regarding U.S. Federal Budget. The Deficit may have doubled after the Rock The Vote election of Libtards in November 2006, but it took 10 years of profligate bloated spending to double the Debt, while working feverishly to keep the citizenry dependent upon Government subsistence (free government money in exchange for votes).
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One of the major concerns we had about a Trump victory was his budget - that he would treat everything as a bargaining chip. So now reports are that he is willing to support Obamacare if the Dems will support his Wall across Mexico.
Did anybody who actually supported him think this was acceptable?
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Have not heard this myself, but no. This is not acceptable.
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Quote:
Originally posted by 6stringJoker:
Have not heard this myself, but no. This is not acceptable.
Yeah, this was the version from this past week, or last week, hard to keep track of all his wheeler-dealer shenanigans involving principles and ideals we hold dear.
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How badly did Trump just fail the other day?
New Spending Bill boosts funding for Planned Parenthood, Sanctuary Cities, H1B Visas, Obamacare funding and support, and almost everything else he campaigned on. Plus all of the reasonable Republicans who campaigned on the same - except they were serious, not planning to use these subjects as mere bargaining chips.
How are they supposed to get re-elected? What excuse do they have for screwing the voters who elected them?
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