Dick Locher’s ability to capture the absurdities of life through political cartooning culminated in his winning the Pulitzer Prize in 1983 and garnering top honors from the Sigma Delta Chi/Society of Professional Journalists in the same year.
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DavidGBA said, 7 months ago
This is not the Euro Zone, and we can print money without paper or ink.
dtroutma
said, 7 months ago
Actually, how much of that debt was run up on credit cards people shouldn’t have qualified for, to buy “toys”, and owe the banks 20+% interest? How much was second mortgages to pay for luxury vacations the were “sold on” by con men??
Michael wme said, 7 months ago
@DavidGBA
Read Ayn Rand. The only REAL money is 24K gold. Silver coins should not be allowed, only 24K gold. This will (Ms Rand assures us) prevent all corruption in government, and will de-fang Citizens United.
And then, once the US has abolished all money except gold, we can return to Rand’s halcyon Bronze Age (it was liars, moochers, and looters who tricked the world into switching from the much cheaper, stronger bronze to steel, and I studied under some university professors who tried to brainwassh me into thinking steel is stronger and cheaper than bronze, but Ms Rand knew otherwise).
MortyForTyrant said, 7 months ago
Errr… Outside of computer-games it is not possible to actually see the depth-charge coming, so you keep your periscope in instead of opening up a nice, big hole in your hull for the shock-wave to go through…
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BTW: did you know that during WWI all submarine commanders had to be very strong and fit? They had to rotate the periscope by hand, against all the water-tight fittings, and that was tough and tiering. Only prior to WW2 did they get electric servos to do the job.
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Politically: that American family, what kind of tax exemptions do they enjoy? If they are Dems, do they applaud foreign aid? If they are Reps, do they applaud new big hairy weapons? Either way, do they realize that these things don’t come for free, and that every time they demand something from government they have to make a sacrifice to get it? But in these times of “sham-wow” and mental degradation the two sides of the ledger don’t connect anymore…
Michael wme said, 7 months ago
@dtroutma
You’re quite right, the cartoon is not specific, but I believe it’s talking about the public debt, not the debt of households. And, as we all know, President Obama caused more than 99% of that public debt.
(And we know this because of the many gocomics commenters who have explained that we MUST NOT look at the lying BLS statistics—why would the tenured civil servants at BLS tell the truth?)
dtroutma
said, 7 months ago
^Public debt is now 16%, it was 13% when he took office. How does 3% equal 99% of 16%??? PRIVATE DEBT, as in credit cards, mortgages, car payments, etc, is MUCH higher than the public debt.
Respectful Troll said, 7 months ago
Since China is alleged to be holding the majority of our debt, is this a Chinese depth charge drifting towards the USS American Family?
curiously,
C.
Ms. Ima said, 7 months ago
Anyone who has taken the Dave Ramsey Financial Peace course has gotten rid of debt, have a 3~6 month emergency fund saved, paying off their mortgage, saving for retirement and college and retire a millionaire. Libs believe they are entitled to other people’s money and the government will save them at the last minute.
Personal responsibility is what libs lack.
MortyForTyrant said, 7 months ago
@Respectful Troll
I believe the majority of your FOREIGN debt is held by China (about $900B), but the majority of ALL debt is still held by the U.S. itself, in the form of treasury notes owned by hedge fonds, pension fonds and so on. So, after the second civil war, when all the capitalist pigs have been put against the wall, the debt will be manageable again by the United Soviet States of America’s government and it’s glorious leader, me…
Eryx
said, 7 months ago
@HOWGOZIT
“And the many foreclosures thanks to Dodd and Frank.” You’ve just revealed you know absolutely nothing about the banking crisis or the housing bubble.
Eryx
said, 7 months ago
@Ms. Ima
“Anyone who has taken the Dave Ramsey Financial Peace course has gotten rid of debt, have a 3~6 month emergency fund saved, paying off their mortgage, saving for retirement and college and retire a millionaire.”
You had to pay someone to tell you that?
Bruce4671 said, 7 months ago
Good god people. Why do you make things so complicated?
When Bush left office the national debt was at 10+ TRILLION dollars. That is the ACCUMULATED debt for the entire existence of the country. Bush added his share and it was a bunch. One of the points Obama made in his run up to the presidency was that the debt added by Bush was “unpatriotic” and criminal. Bush’s added debt was 4.9 Trillion dollars during his 2 terms.
Today the national debt is 16+ trillion dollars. So Obama has added almost 6 trillion to the debt in ONE TERM.
But the bottom line is how long can you continue to run trillion dollar deficits adding trillions of dollars to the debt each year before you can no longer avoid financial collapse? All ya’ll that harp on the “fair share” idiocy puzzle me this. Is it “fair” to send all this debt forward in time for our grandchildren to deal with?
Whining selfish children is what you are.