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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 SlowFlowPro
Posted on 3/9/24 at 11:20 am to SlowFlowPro
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.
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 on 3/9/24 at 11:24 am to beerJeep
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 on 3/10/24 at 2:16 pm to beerJeep
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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