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Debt to reach highest level since 1950 this year


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(Worthy News) - The national debt this year will jump to the highest level since 1950 relative to the size of the economy, the Congressional Budget Office reported Tuesday.

The agency projected that the debt held by the public will rise 3 percentage points to 77 percent of U.S. gross domestic product by the end of fiscal year 2016 in September.

Debt has not hit that ratio since 1950, when the government was still in the middle of paying down the debt it incurred paying for World War II. [ Source ]

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For those of you who are anti trump because you are concerned about the future left for your children ....

This is what you should really be concerned about.

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I would be concerned about many things if I were to bring a child into our world today. :mellow:

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9 minutes ago, missmuffet said:

I would be concerned about many things if I were to bring a child into our world today. :mellow:

we had that discussion in 1975 when we started our family....       I worry for our two grand children so much.

 

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6 minutes ago, other one said:

we had that discussion in 1975 when we started our family....       I worry for our two grand children so much.

 

I don't blame you oo :unsure:

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2 hours ago, ayin jade said:

For those of you who are anti trump because you are concerned about the future left for your children ....

This is what you should really be concerned about.

Donald Trump's plans will just grow the government more than it is now.   I agree it is what we should be concerned about, but only one candidate out there is for smaller government, his name is Gary Johnson

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and he doesn't have an icebergs chance in hell of winning, so stand on your principles and give the democrats the White House and throw the whole country under the bus....

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13 minutes ago, other one said:

and he doesn't have an icebergs chance in hell of winning, so stand on your principles and give the democrats the White House and throw the whole country under the bus....

The only difference is who is driving the bus. The country is still ending up under the bus be it if Clinton or Trump is the driver

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that may be the case when it all pans out, but right now Trump is the only one who says he is going to try to accomplish the things I've wanted for years.....    and i'm going to do everything I can legally to give him that chance.

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9 minutes ago, other one said:

that may be the case when it all pans out, but right now Trump is the only one who says he is going to try to accomplish the things I've wanted for years.....    and i'm going to do everything I can legally to give him that chance.

I am glad you found a candidate you can feel so strong about.  The last one I felt that way about was Reagan, and he pretty much let me down. 

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