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re: What is Trump's plan for inflation and reducing the federal deficit/debt?

Posted on 3/9/24 at 11:20 am to
Posted by beerJeep
Louisiana
Member since Nov 2016
35322 posts
Posted on 3/9/24 at 11:20 am to
Nothing because the only feasible plans for the debt are political suicide.

1. End social security.
2. End Medicare/medicaid
3. Taxes to the moon

So until it’s time to pay the piper, we will continue spending imaginary money because debt is imaginary until the day it becomes real.
Posted by Y.A. Tittle
Member since Sep 2003
102015 posts
Posted on 3/9/24 at 11:24 am to
quote:

So until it’s time to pay the piper, we will continue spending imaginary money because debt is imaginary until the day it becomes real.


And even then, it will still be essentially imaginary, or it’s certainly never going to be “real” in the sense of a normal sort of consumer understanding of what it would ever mean to “pay back” debt.

I’m not saying this as if it’s a good OR bad thing.
Posted by Auburn1968
NYC
Member since Mar 2019
20060 posts
Posted on 3/10/24 at 2:16 pm to
quote:

Nothing because the only feasible plans for the debt are political suicide.

1. End social security.
2. End Medicare/medicaid
3. Taxes to the moon

So until it’s time to pay the piper, we will continue spending imaginary money because debt is imaginary until the day it becomes real.


How about unchaining and unleashing the economy instead.

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