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re: Do you believe government financial collapse is inevitable?
Posted on 4/28/24 at 8:47 pm to Thundercles
Posted on 4/28/24 at 8:47 pm to Thundercles
In my life, only time we reduced our deficit was under a democrat president- Clinton.
Since then, both sides have shown little restraint in the ability to cut spending. Lots of talk but no action.
I’m not sure anyone can get elected in our system by telling their constituents that they’ll bring less money back home. ??
Since then, both sides have shown little restraint in the ability to cut spending. Lots of talk but no action.
I’m not sure anyone can get elected in our system by telling their constituents that they’ll bring less money back home. ??
Posted on 4/28/24 at 8:59 pm to SlidellCajun
quote:
In my life, only time we reduced our deficit was under a democrat president- Clinton
how does a president reduce a deficit?
Posted on 4/29/24 at 6:45 am to SlidellCajun
quote:
In my life, only time we reduced our deficit was under a democrat president- Clinton. Since then, both sides have shown little restraint in the ability to cut spending. Lots of talk but no action.
Those were the last few years of the Baby Boomers working years before collecting social security and before the healthcare industry complex took over the military industrial complex in spending. It was also before the explosion in government benefits like Section 8 and expanded giveaways like increased earned income tax credits and child tax refundable credits.
It also didn’t help that we waged 2 wars in 20 years, but only fueled more hate when we pulled out.
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