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re: America is ‘going broke slowly’ says J.P. Morgan, as national debt balloons

Posted on 10/15/25 at 7:46 pm to
Posted by mule74
Watersound Beach
Member since Nov 2004
12544 posts
Posted on 10/15/25 at 7:46 pm to

quote:

USPS loses between $7B and $9B a year on average.


The U.S. Postal Service is not subsidized by taxpayer funds for its normal operations. It is a self-funded government agency that relies on revenue from the sale of stamps, products, and services to operate.
Posted by lsusteve1
Member since Dec 2004
46499 posts
Posted on 10/15/25 at 8:52 pm to
quote:

1) kick off any illegals receiving benefits and money. 2) deport another 5-10MM and watch home and grocery demand go down 3) shrink fed gov by 40% minimum, Dept of Ed can completely go away 4) pass a law that that says a balanced budget must be passed and if not, all wages and investments of congressional representatives will be garnished/seized with the only exception being in times of declared war by Congress. 5) fix all entitlements and welfare. Put restrictions on them again and enforce them. All the gov money drying up will 1000% affect the economy, but we will definitely be better off in the long run.


Posted by kew48
Covington Louisiana
Member since Sep 2006
1562 posts
Posted on 10/15/25 at 11:18 pm to
Investment in precious metals may be the only way of holding on to some wealth !
Posted by Lou Loomis
A pond. Ponds good for you.
Member since Mar 2025
1274 posts
Posted on 10/16/25 at 1:25 am to
Slowly? We are broke! It’s like a family that makes 50 grand/year but spends all of that and puts another 50k in credit cards. EVERY YEAR!
Posted by sgallo3
Lake Charles
Member since Sep 2008
25367 posts
Posted on 10/16/25 at 5:24 am to
quote:

Government spending jumped $2T during COVID and those bastards in DC can’t even cut half of that out.

Yep. In 2015 the deficit was 439 billion.

Before covid in 2019 it was 984 billion

2020 went to 3.1 trillion.

This year it will be 1.8 trillion.
Posted by Wally Sparks
Atlanta
Member since Feb 2013
32500 posts
Posted on 10/16/25 at 5:41 am to
quote:

Problem solved, crisis averted.


And the politician that even proposed this would be lynched.
Posted by TT9
Seychelles
Member since Sep 2008
90676 posts
Posted on 10/16/25 at 6:02 am to
Bring back Clinton, he left retard with a surplus. And Bush destroyed it.
Posted by YouKnowImRight
Parts Unknown
Member since Oct 2023
2863 posts
Posted on 10/16/25 at 6:11 am to
Until we get meaningful entitlement reform, we are headed for disaster.

"the problem with socialism is that eventually you run out of other people's money"-Margaret Thatcher

Posted by YouKnowImRight
Parts Unknown
Member since Oct 2023
2863 posts
Posted on 10/16/25 at 6:12 am to
quote:

Bring back Gingrich,


Ftfy
Posted by TT9
Seychelles
Member since Sep 2008
90676 posts
Posted on 10/16/25 at 6:13 am to
They had a good marriage but the president gets the credit. Not the fatass.

How come no other administration has come close since then is my question.
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