<p>President Joe Biden, a Democrat, was widely mocked over the weekend after he posted a tweet in which he bragged about how the United States pays its bills on time by taking on more debt.</p>
<p>&#8220;The United States pays its debts when they are due,&#8221; Biden wrote in a tweet that also featured a video. &#8220;That’s why today, I signed a bill to fast-track the process to raise our debt limit.&#8221;</p>
<p>&#8220;This bill will reassure all the economic markets at home and around the world that we&#8217;re going to continue to pay our debts when they are due,&#8221; Biden says in the video as he signs the bill. &#8220;And that&#8217;s what this is all about.&#8221;</p>
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">
<p lang="en" dir="ltr">The United States pays its debts when they are due. That’s why today, I signed a bill to fast-track the process to raise our debt limit. <a href="https://t.co/Rx4MNC1XS9">pic.twitter.com/Rx4MNC1XS9</a></p>
<p>&mdash; President Biden (@POTUS) <a href="https://twitter.com/POTUS/status/1469474907700477958?ref_src=twsrc%5Etfw">December 11, 2021</a></p></blockquote>
<p>The following are some of the most notable responses to Biden&#8217;s remarks:</p>
<ul>
<li><strong>Geoffrey Miller</strong>, professor: &#8220;The US pays off its existing credit card bills by using new credit cards with higher spending limits. Totally unsustainable.&#8221;</li>
<li><strong>Nick Searcy</strong>, actor: &#8220;This is like paying off credit card debt by transferring your balance to another card with a higher interest rate and a higher limit. The children tweeting for @joebiden are like college kids over drafting their accounts and paying it back with money from their parents.&#8221;</li>
<li><strong>Sean Davis</strong>, The Federalist: &#8220;This is the equivalent of patting yourself on the back for getting a new, higher interest rate credit card to pay down another credit card balance.&#8221;</li>
<li><strong>Corin Nemec</strong>, political commentator: &#8220;It&#8217;s an oxymoron without the oxy.&#8221;</li>
<li><strong>Tim Pool</strong>, YouTuber: &#8220;I remember when my parents had to use credit cards to pay bills too.&#8221;</li>
<li><strong>Ryan Bethencourt</strong>, CEO: &#8220;Literally one of the strangest tweets I&#8217;ve ever seen, we (the US) pay our debts with debt, I wonder what the endgame is here? $ Devaluation?&#8221;</li>
<li><strong>Natalie Brunell</strong>, Bitcoin analyst: &#8220;We just paid our Visa with our MasterCard.&#8221;</li>
<li><strong>Peter McCormack</strong>, political commentator: &#8220;Wait wut? You are literally putting this debt on the American people you f***ing melt.&#8221;</li>
<li><strong>Litquidity</strong>: &#8220;The United States pays its debts when they are due by raising the debt ceiling to take on even more debt and &#8216;printing&#8217; more money out of thin air.&#8221;</li>
<li><strong>Tyler Winklevoss</strong>: &#8220;The United States pays its debts when they are due…by robbing Peter to pay Paul.&#8221;</li>
<li><strong>Anurag Dixit</strong>, political commentator: &#8220;And he says inflation has peaked.&#8221;</li>
<li><strong>Mark Jeffrey</strong>, crypto analyst: &#8220;Yes. We pay our debts by incurring new, larger debts (raising the debt limit &#8212; letting us borrow even more). That&#8217;s like drinking more to stop drinking.&#8221;</li>
<li><strong>Alasdair Macleod</strong>, financial researcher: &#8220;In this clip @POTUS is exposed as completely bonkers. Anyone who thinks leaders like him are planning a global reset should think again. They are all so clueless they can&#8217;t even find their way out of a paper bag!&#8221;</li>
<li><strong>Per Bylund</strong>, professor: &#8220;I&#8217;m sure whoever wrote this tweet thinks its two sentences are intuitively, logically, and obviously connected. Somehow.&#8221;</li>
<li><strong>Joseph Mallozzi</strong>, writer: &#8220;Wait, wut? Has this account been hacked?&#8221;</li>
</ul>

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Biden Mocked For Bragging U.S. Pays Bills On Time By Increasing Debt: ‘An Oxymoron Without The Oxy’

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Biden Mocked For Bragging U.S. Pays Bills On Time By Increasing Debt: ‘An Oxymoron Without The Oxy’