Trumps Tariffs

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HeIsHere

Well-known member
May 21, 2022
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The rate of increase in the debt has been cut by 92%.
Is that so?....

AI Overview
Learn more

The rate of increase in the US national debt has not been cut by 92% in 2025. While the national debt has been growing significantly, there's no evidence to suggest that the rate of increase has been reduced by that specific percentage.


Additional information:
  • The US national debt was over $36.2 trillion as of January 2025.


  • The debt-to-GDP ratio is currently around 122.3%, according to Trading Economics.


  • The annual deficit is projected to rise to $2.5 trillion over the next decade, according to the Bipartisan Policy Center.


  • The debt limit was reinstated on January 2, 2025, at $36.1 trillion, according to Congress.gov.


  • The government has been using extraordinary measures to continue meeting its financial obligations after suspending the debt limit.


  • Tax cuts, stimulus programs, and increased government spending have all contributed to the rising debt.
 

MrE

Active member
Jan 26, 2023
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Why now? The rate of increase in the debt has been cut by 92%. Inflation is ticking down. Perhaps for the same reason the Fed hasn't reduced interest rates?
It's a dire warning.

Standard and Poor was first to downgrade, way back in 2011--- why did they do that? America had a Triple A (AAA) rating since they started grading back in 1919-- but S&P were the first to sound the alarm over deficits and DEBT. When they downgraded us-- the Obama Whitehouse sued them-- Attorney General Eric Holder, retaliating for the audacity.

So then Fitch, the other of the big 3 credit rating agencies, held off until 2023-- because who wanted to be sued by the Biden Admin for making folks look at the train wreck of deficit spending in the COVID era. It was the excuse for everything-- but the damage could not be ignored.

This latest downgrade by Moody's was inevitable.

Thank God Trump, Musk and DOGE are at least rowing the good ship America in the right direction. Apart from their actions we were sunk.
 

Cameron143

Well-known member
Mar 1, 2022
22,275
7,654
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63
Is that so?....

AI Overview
Learn more

The rate of increase in the US national debt has not been cut by 92% in 2025. While the national debt has been growing significantly, there's no evidence to suggest that the rate of increase has been reduced by that specific percentage.


Additional information:
  • The US national debt was over $36.2 trillion as of January 2025.


  • The debt-to-GDP ratio is currently around 122.3%, according to Trading Economics.


  • The annual deficit is projected to rise to $2.5 trillion over the next decade, according to the Bipartisan Policy Center.


  • The debt limit was reinstated on January 2, 2025, at $36.1 trillion, according to Congress.gov.


  • The government has been using extraordinary measures to continue meeting its financial obligations after suspending the debt limit.


  • Tax cuts, stimulus programs, and increased government spending have all contributed to the rising debt.
AI is your source? Lol
 

Cameron143

Well-known member
Mar 1, 2022
22,275
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It's a dire warning.

Standard and Poor was first to downgrade, way back in 2011--- why did they do that? America had a Triple A (AAA) rating since they started grading back in 1919-- but S&P were the first to sound the alarm over deficits and DEBT. When they downgraded us-- the Obama Whitehouse sued them-- Attorney General Eric Holder, retaliating for the audacity.

So then Fitch, the other of the big 3 credit rating agencies, held off until 2023-- because who wanted to be sued by the Biden Admin for making folks look at the train wreck of deficit spending in the COVID era. It was the excuse for everything-- but the damage could not be ignored.

This latest downgrade by Moody's was inevitable.

Thank God Trump, Musk and DOGE are at least rowing the good ship America in the right direction. Apart from their actions we were sunk.
No doubt we are sitting on a mountain of debt and the rating is justified. But you did actually answer the question: because people were being protected for political reasons.
 

MrE

Active member
Jan 26, 2023
437
221
43
No doubt we are sitting on a mountain of debt and the rating is justified. But you did actually answer the question: because people were being protected for political reasons.
Of course-- Biden would have had Merrick Garland climb down Moody's throat, just like Obama had Holder do. Recall who was the VP for Obama, and who was running things while AutoPen Joe was snoozing on the beach for the past four years.

This week's Moody's downgrade benefits the effort that Trump, Bessant and Musk are making. --But as Trump says-- No one really cares what Moody's thinks anyway. It will take a continued effort and staying the course that has now been set out upon. It can't be fixed overnight, but the direction was the first fix required.
 

MrE

Active member
Jan 26, 2023
437
221
43
What is this world coming to when just because you owe $36 trillion they start questioning whether or not you are able to pay it all back.
The downgrade was predictably political.

Zandi- Moody's Analytics Chief Economist "is an Obama advisor and Clinton donor who has been a 'Never Trumper' since 2016."

White House spokesman Kush Desai additionally challenged Moody’s assessment. "If Moody’s had any credibility, they would not have stayed silent as the fiscal disaster of the past four years unfolded."
 

ZNP

Well-known member
Sep 14, 2020
40,613
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The downgrade was predictably political.

Zandi- Moody's Analytics Chief Economist "is an Obama advisor and Clinton donor who has been a 'Never Trumper' since 2016."

White House spokesman Kush Desai additionally challenged Moody’s assessment. "If Moody’s had any credibility, they would not have stayed silent as the fiscal disaster of the past four years unfolded."
So he is saying the US should have been questioned years earlier. That should help keep bond interest rates down.:LOL:
 

Cameron143

Well-known member
Mar 1, 2022
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You obviously do not know how AI works.
The decrease was over a very short period of time, so with regards to any meaningful data there is none.
But there is. The government is borrowing less money.
It may be the period being looked at is too short to be meaningful for policy changes, but there is evidence.
 

HeIsHere

Well-known member
May 21, 2022
8,688
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But there is. The government is borrowing less money.
It may be the period being looked at is too short to be meaningful for policy changes, but there is evidence.
Well April/May is a time where revenue increases because of the tax season, but we will see if this is a trend or not.
 

ZNP

Well-known member
Sep 14, 2020
40,613
7,655
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But there is. The government is borrowing less money.
It may be the period being looked at is too short to be meaningful for policy changes, but there is evidence.
On a monthly or even quarterly basis the rate can go up and down, but the long term trend has not changed if these changes are all falling within the channel.

For example, you could be driving from the coast to the top of the Rocky mountains, going from sea level to say 7,000 feet where the pass is. During that ride you will go up and down, but primarily up. The trend is up despite a little hill you just drove down.
 

Cameron143

Well-known member
Mar 1, 2022
22,275
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On a monthly or even quarterly basis the rate can go up and down, but the long term trend has not changed if these changes are all falling within the channel.

For example, you could be driving from the coast to the top of the Rocky mountains, going from sea level to say 7,000 feet where the pass is. During that ride you will go up and down, but primarily up. The trend is up despite a little hill you just drove down.
It's a good analogy, but we may or may not have hit somewhat of a plateau. We'll see. At any rate, no one was out in front of this. People are simply reacting.