Glenn Beck The US National Debt Clock with Charles Payne

[Crape101]

The US will default on its debt, it can't print money (hyper-inflation), people get upset when it cuts, the only thing it can do is borrow more money to pay off exsisting debts. When the US does finally default it will bring the world economy crashing down with it, China, Europe - no nation will escape. A disaster like this could potentially take decades to recover from - if ever.

[ZoraleePvP]

Charles Payne need to apologize to Peter Schiff

watch?v=zz_yw0kq3MM

[mtwood992211]

People need to stop arguing left or right and demand a balanced budget no matter who is in office.

[hummarstra]

Hello Charles "Dow 16,000" Payne.

[vetrix]

5:28 i had to laugh because its that scary how screwed we are

[germensit1]

Not that it would make any difference given the scale of the US debt,but why don't you guys just stop given hundreds of millions of dollars to Israel every year.What is US taxpayers money going to other than largely financing the Israeli military

[prjerry7]

How can US maintain its dominance in the world? How its going it can maintain some dominance but if it wants to keep its hyperpower status it must;

1. Cut spending, especially on military.

2. Use the cuts to cut debt, especially from China.

3. After cutting debt from China, force them to be truthfull with their monetary value [this will worsen a bit the world economy but it will stop their ridiculous growth thus we will maintain #1 national power [EU isnt a nation & we>Eurozone economy]].

gg nc

[StateCCM]

the debt is high... but so is GDP... a trillion in debt is nothing when it comes to a country's debt. and national debt is way different than a person's debt.

[lebronjamesXD]

fuck war! we need to fix america!

[NOR19ANDRO]

Did anyone notice how he just jumped right over defense??? Why are we still fighting other countries wars and why are we still sending money to countries that hate us and that have more money than we do? I'm not saying that we could pay off our national debt but enough is enough. Wouldn't it make more sense to bring ALL our troops and resources home and use them to secure our boarders with satellites, spy planes, submarines, special forces etc... I guarantee that will cut a trillion dollars.

[luc59457]

Free market combined with Mixed Economy with Arcology's.

[bootylicification]

Hillary Clinton is being preened to take President Maobama's place. Both Obama and Hilary answer to George Soros who contributed to both and who has the mainstream media in his back pocket. He gets Obama to take the Country to extreme socialism passing treasonous legislation against the will of the American people, then gets Hillary in office. Our dollar is on the verge of collapse, and our sovereignty is threatened as a direct result of legislation and lack of leadership.

[bootylicification]

Clinton didn't leave a $5.6 Trillion surplus but a $1.4 trillion debt over eight years. He borrowed from Social Security, part of a $115 Trillion unfunded liability, to make it seem he left a surplus. See my about me for links. The Debt Clock should be adjusted increasing the national debt from $14.0 to $21 Trillion and reducing our unfunded liabilities by $7 Trillion to reflect the truth about Clinton.

.

Allen West 2012

[sanjor8r]

glenn beck can't count. he mistaked trillions for billions. what an idiot.

[BullionLimitedotcom]

WE ARE IN A REVOLUTION BABY!!1

[BullionLimitedotcom]

THE FACT THE FIGURES!!!!!



[durhamdf]

And is does Glenn Beck hear himself? Does he think that the bulk of the defecit is created by spending? No it is created by a shortfall in revenue due to shity republican economic policies that turned a record surplus and the largest expansion in U.S. history into the deepest recession since the great depression in 8 years flat! How does he suggest we avoid defecit spending in this recession? What would YOU actually cut glenn? Medicare/Medicaid? Social Security? Defense spending?

[durhamdf]

where were all you morons when Bush was doubling the national debt, AFTER INHERITING THE LARGEST SURPLUS IN U.S. HISTORY!!!! At least be fucking consistent. Someone should explain Keynesian economics to this fucking moron. You don't cut spending in the middle of a recesion, unless you really want to find the bottom! You should have to have passed basic high school economics to preach to the public about it

[bmregan00]

All would require Sacrifice....

[bmregan00]

We need to let all the bush tax cut go after 2-3 years. That would cut 4 trillion over 10 years. Stop the War in Afghanistan savings 1 Trillion over 10 years. Fix Social Security 780 billion to 1.2 Trillion over 10 years. By raising the age to 67. and Fixing Health Care for real Saving Up wards to 1-2 Trillion over 10-20 years.

[bmregan00]

President Clinton w/surplus year 2000 US National Debt 5,674,178,209,886. Unemployment rate 5.1%

President Bush Year 2008 US National Debt 10,024,724,896,912. Unemployment rate 7.1%

President Obama US National Debt 2010 13,561,623,030,891. Unemployment rate 9%

How on earth did we get this far over are heads?

[Madpyr0]

I like how Beck skips the war budget. lol

[Guds777]

just stop spending 60% of your income to war.

[xsumuhdihx]

democrats and their spending....

[Scoforever]

@xsumuhdihx

Republicans too.

[MarkyMarkDenver]

@Scoforever Both the Stupid Republicans and Democrats!!!!.....

[beretboy22]

@xsumuhdihx You must not think that wars and tax cuts cost anything. You may want to rethink the impact that Reagan and G.W. Bush have had on our national debt.

[ptholysmoke]

@xsumuhdihx Obama deficit has risen nearly $4 trillion since in power. Why?

WAR:WAR:WAR

They are all the same crap.

SPEND:SPEND:SPEND who cares!!!

Only way to stop... Federal Reserve (THE END)

[xsumuhdihx]

@ptholysmoke agreed! end the FED!

[peachescartoon]

Also remember the clock was at zero during the Clinton administration. GW started the clock again with the Iraqi war. Then gave all those billions to the corps for the bail out (which Obama as a House Rep. approved).  That started the clock spiraling downward. We are in a downward trend. To hell ...all the way to the hell of apathy and greed.

[peachescartoon]

I think that if you take all the free benefits that the illegals are getting, then that number would go down substantially. We are in a sinkhole because of them. Look at the math. If you have one illegal woman who has 3-10 children whose many fathers don't pay child support and then all of those children become instant american citizens with housing, medical, school for life instantly. Do the math. Bad math. Deficit spending. Go home illegals, all of them. Deport them. Period.

[themegathon]

@tmo7759 Perhaps you should also note that when Clinton had four balanced budgets in a row, he had a REPUBLICAN House and Senate. Bush acted like a democrat and spent too much. Now his uber liberal successor is making Bush's spending look like pocket change.

[bleckmon]

We are wasting over trillion dollars, american soldiers and other lives, a year as well being overseas! How about we close down those 700+ bases overseas and bring home the thousands of troops that are overseas? That makes sense to me.

[MrAlekz]

I think when china says we want our money back now the US will have to nuke them

[msjewelry]

the politicians should have to have the national debt clock as wallpaper in ever room in the capital....constantly adding up & scrolling , in real-time.

[danthedarkone400]

In Taxes are increased less people pay them, more go under and less the government gets. Cutting taxes increases the amount the government takes in, buisnesses grows, people have more money, they spend more and getting more taxes to the government... hmm Cutting taxes seems to be the best route, history says so. End of Story.

[goonie015]

@danthedarkone400 your right that tax cuts helps but it only really works when were not at war.... as long as were still at war we cant really cut taxes simply becuz we have to fund not 1 but 2 wars

[danthedarkone400]

The elimate most of the government intitlement programs, the reckless spending, the paying off of supporter, bank bailouts, GM bailout, stuff like that. Then Supplying the war will be easier on all of us. The amount sent to the war doesnt equal to the amount that is being spent in washington right now. Also if we stop holding back all our soldiers this war can end quicker, but saddly politics plays a part even in the matter of life and death.

[briggs9187]

@goonie015 amen, on top of the wars that need to be ended, we also need to cut military spending, we need to just maintain for right now, our military spending is bigger than all the world put together....I am so sad for my children right now

[friedmaneconomics22]

That is a too simplistic argument for cutting taxes. We do not know what tax rates are the best to help increase government intake. I myself though, think that it is probably some where in the 30s for the top tax brackets, but I could be wrong.

[residentzombie]

You can only cut taxes when the government cuts spending. It is even worse to cut taxes and not spending because we occur more debt. The reason it's worse is because we must then pay interest on the debt that we didn't pay. Bottom line is gov't MUST cut spending and then cut taxes.

[Ladiestreat]

I wish Glenn Beck would actually discuss how and why we have this debt instead of throwing up numbers on a screen and politicizing it.

Not to beat a dead horse but George W. had a chance to keep us projecting surpluses even after 9-11 but instead he chose to give the hugest tax cuts of all time mostly to the wealthy while spending more than any president in history.

It is a complicated issue that is not just a bunch of huge numbers on a screen. I just wish this issue was discussed.

[thequietkid10]

ditto, I also wish he would compare our debt to other nations, many of which either have better nanny state then we do (Denmark for example) or higher ratios of debt to GDP then we do. (Italy and Japan)

[Cryptologist101]

Spend spend spend, borrow borrow borrow, print print print. In the 1970s they increase the money supply by 13%, in the last year they have increased the money supply by 150%, as any sane person believe we will escape inflation and high interest rates? This administration is doing everything it can to stifle business growth, business people are bunkered in because of so much uncertainty.

"The Weimar Republic," "5000 Yearly Leap" read'em.

[Cryptologist101]

I think most of those cuts you are talking about were military, and let's not forget the humongous tax increases Clinton gave us before the 1994 Congress turnover when the Republicans dragged him kicking and screaming to a balanced budget, thank God Hillary care failed! Both parties are guilty of violating the constitutional limits on their jurisdiction that in a nutshell is the crux of our problem.

Restore our Constitutional Republic

[beretboy22]

@Cryptologist101 Actually those tax increases helped balanced our budget. And if you think 39.6 percent is high, you may want to research the top marginal tax rate between the years of 1916 and 1986. I think 39.6 is low compared to say, 91 or 92 percent under Eisenhower.

[Cryptologist101]

The selective memory is amazing as to how we got here, check out...

"Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis"

Partisan Squabbling isn't going to fix the problem if you won't see the cause.

[Palearch]

Unleash the power of free market? Lack of regulatory oversight and poor monetary policies played a major role in this crisis. The government did not keep up with financial innovation like MBS, with credit default swaps and other kinds of derivatives that are often off-balance sheet, with the activities of credit-rating agencies, with risky leveraging etc. etc. How would further deregulating the financial industry be in America's best interest?

[cadi1023]

that number is correct, that is 1 billion, 2 hundred. us budget deficit

1,213,031,954,706

[Valenhiem]

It's actually more like 12 trillion. 25 trillion in 2009.

[reverandjames]

Beck tells lies, he's bad for American freedom.

[feelzthelove]

Prove Beck is telling lies? Everything thing he says on his show. Why don't you back up your own words by disproving Glenn Beck? Show us the facts not shit you can make up.

[Ladiestreat]

Watch a frontline special called 10 trillion and counting. If you have netflix it is on streaming.

It actually discusses the reason why we have the debt we do and how bad its gonna get.

Not to rip on Glenn Beck but I think he is the farthest thing from a respected economist.

Just shouting at numbers on a screen doesn't give you facts behind why and how the US national debt is growing.

Baby boomers are turning 62 right now at thats something you should be worried about.

[thetimman00]

This is a multifacet attack. Economic, food, water, flu, and total control of what's left after.