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Started By
Message
re: Argentina reports 1st budget surplus in 14 years
Posted on 1/18/25 at 8:49 am to SlowFlowPro
Posted on 1/18/25 at 8:49 am to SlowFlowPro
quote:
Democrats don't think "surplus"
No they don't. That's why in 2001, when the US Government had a budget surplus, the Democrats lost their fricking shite when Bush issued refund checks. Millions upon millions of refund checks.
Anyone that believes a Government should hold onto tax payer money (money it doesn't need to run the government) has much faith in said Government to do the right thing with that money. Liberals have that kind of faith. Liberals and the many participants in this thread.
This post was edited on 1/18/25 at 8:54 am
0
Posted on 1/18/25 at 8:49 am to SlowFlowPro
quote:
Theoretically cutting an insignificant amount (that's already been walked back) is now "austerity"
It was a party plank. RogertheRetard made a comment about the overall movement that's supporting Trump. Party planks aimed at getting voters support central to discussions about what a movement wants.
Posted on 1/18/25 at 8:51 am to SlowFlowPro
quote:
You forgot 2 other programs (that actually matter in this discussion)
You said that they were "opposites", I'm finding significant similarities.
Posted on 1/18/25 at 8:52 am to Azkiger
quote:
It was a party plank. RogertheRetard made a comment about the overall movement that's supporting Trump.
The overall movement supporting Trump would take Bernies economics over Milei's.
If Trump makes significant cuts to entitlements and the military, I'll believe him.
But you can keep pretending all you want, its not going to happen...
Posted on 1/18/25 at 8:52 am to RogerTheShrubber
By putting his country’s economy, interests & welfare first and above all else is exactly what MAGA is. Are we in the same place? No as they were fighting a battle of extreme high inflation that we are only close to but we are also able to leverage our country’s strength which Argentina could not do. Actually are immense debt is what keeps us upright because a fault of it would bury everyone worldwide
Posted on 1/18/25 at 8:56 am to Nosevens
quote:
Actually are immense debt is what keeps us upright because a fault of it would bury everyone worldwide
This part is true, if I read it correctly which is why you will NOT see any cuts.
When Trump submits his first budget, it will contain lots of cuts which he uses for leverage.
When the deals are all made, spending will be at near record levels, and no agencies will be cut.
Posted on 1/18/25 at 8:57 am to Roaad
Argentina inflation rates
Argentina average citizen purchasing ability
So the Argentina government is having a surplus while inflation continues to rise and the expendable income of the average citizen continues to decline. But this is great according to those with BDS because the government has a surplus.
When did MAGA turn into Bernie bros? Let’s make the government rich and the citizens poor, what could go wrong?
Argentina average citizen purchasing ability
So the Argentina government is having a surplus while inflation continues to rise and the expendable income of the average citizen continues to decline. But this is great according to those with BDS because the government has a surplus.
When did MAGA turn into Bernie bros? Let’s make the government rich and the citizens poor, what could go wrong?
Posted on 1/18/25 at 8:59 am to RogerTheShrubber
quote:
The overall movement supporting Trump would take Bernies economics over Milei's.
You said Trump and Milei had opposite takes on spending, I've just showed you two large similarities.
Next time, I suggest you don't speak about shite you're not familiar with.
Posted on 1/18/25 at 9:02 am to SDVTiger
That is the GIF of Western Civilization being saved.
Posted on 1/18/25 at 9:08 am to Azkiger
quote:
You said that they were "opposites", I'm finding significant similarities.
You're confused. I was commenting about your "austerity" claims.
Trump did not run on austerity. He ran on increasing spending or protecting spending in 3 of our 5 problem areas (including the 2 biggest). That is not austerity.
DOGE could cut bureaucratic spending to $0 and Trump's policies on those 3 programs would ensure a budget deficit and debt expansion.
Posted on 1/18/25 at 9:10 am to Azkiger
quote:
Trump and Milei had opposite takes on spending
They do.
Trump uses threat of cuts for leverage only. InThe end, he's massive spender, you have a term tojudge him on already..
Last term he promised to end deficit in 8 years, them proceeded to expand it every single year.
Milei follows thru.
Posted on 1/18/25 at 9:12 am to SlowFlowPro
quote:
Trump did not run on austerity.
DOGE is austerity. Whether it pans out or not is irrelevant to what he campaigned on.
The public perception is that Trump won't balloon spending/debt like Biden did. If he does, do you think the half of the country that voted for him will be happy? No, of course not. Because that's not what they expected.
Posted on 1/18/25 at 9:12 am to RogerTheShrubber
quote:
They do.
So long as you ignore all the ways they're similar, sure.
Posted on 1/18/25 at 9:12 am to Azkiger
quote:
No, because America isn't in nearly as bad of shape Argentina is and there's no way we'd see enough popular support for such sharp/drastic measures.
Are we pretty close to a budget surplus or balanced budget?
Posted on 1/18/25 at 9:14 am to Azkiger
quote:
DOGE is austerity.
It is not. As I posted (and you ignored)
quote:
DOGE could cut bureaucratic spending to $0 and Trump's policies on those 3 programs would ensure a budget deficit and debt expansion.
quote:
Whether it pans out or not is irrelevant to what he campaigned on.
Again, it can pan out. Means very little in the big picture.
quote:
DOGE could cut bureaucratic spending to $0 and Trump's policies on those 3 programs would ensure a budget deficit and debt expansion.
quote:
The public perception is that Trump won't balloon spending/debt like Biden did. If he does, do you think the half of the country that voted for him will be happy?
Did you miss the debt ceiling fiasco a few weeks ago?
They'll make excuses and gaslight and call guys like Chip Roy and Thomas Massie "RINOs". They have no problem lying to themselves.
Posted on 1/18/25 at 9:15 am to Pandy Fackler
quote:
There's nothing about this to be celebrated.
Why am I only allowed to downvote this post once! It is a double downvote candidate if I have ever seen one!
Posted on 1/18/25 at 9:16 am to Azkiger
quote:
So long as you ignore all the ways they're similar, sure.
There are very few of these
There are many more options of Trump supporting yuge spending, which is nothing like Milei
Posted on 1/18/25 at 9:21 am to saintslsupels
quote:
saintslsupels
Look up the blue dollar, then learn about the Cantillon effect.
The problems in Argentina have been growing over decades. The problem they've been having are disappearing at a rapid pace, but it's not like it can be solved overnight.
Posted on 1/18/25 at 9:21 am to Azkiger
quote:
So long as you ignore all the ways they're similar, sure.
Economically they arent at all.
You have 4 years of Trump to judge him by. Were you aware of that?
Posted on 1/18/25 at 9:25 am to nugget
quote:
Are we pretty close to a budget surplus or balanced budget?
No, and Argentina wasn't either before these measures.
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