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Do voters really care about the deficit?
Posted on 7/7/20 at 6:11 pm
Posted on 7/7/20 at 6:11 pm
It’s just a talking point. There’s literally nothing that will ever be done about the 22+ trillion. It will continue to grow.
Posted on 7/7/20 at 6:12 pm to gsvar2004
I don’t have children, so no.
Posted on 7/7/20 at 6:12 pm to gsvar2004
We all say we do, but don’t
Posted on 7/7/20 at 6:13 pm to gsvar2004
quote:
It’s just a talking point. There’s literally nothing that will ever be done about the 22+ trillion. It will continue to grow.
This did not take a lot of in depth analysis.
Why would a politician commit political suicide by bringing it up?
Posted on 7/7/20 at 6:13 pm to gsvar2004
Well voters cant really care when no candidates give a shite
Posted on 7/7/20 at 6:13 pm to gsvar2004
This post was edited on 7/8/20 at 10:36 am
Posted on 7/7/20 at 6:15 pm to gsvar2004
Yes, so much so I told myself if Obama balanced it in his 1st term, I would vote for him.
Safe to say that never happened and my premiums went up 40%
Safe to say that never happened and my premiums went up 40%
Posted on 7/7/20 at 6:17 pm to gsvar2004
quote:
Do voters really care about the deficit?
I do, but I realize that the deep cuts in freebies that I'd like to see will never happen. That said, I'm not for cutting things I feel the government should be providing (example: Police, ICE/border security, etc.) and I'd rather see spending there even if it leads to a deeper deficit simply because not doing so would only hasten the collapse of America.
Posted on 7/7/20 at 6:29 pm to gsvar2004
Not really. Most of the dept is owed to ourselves.
Posted on 7/7/20 at 6:30 pm to gsvar2004
Neither party gives an absolute frick about it.
Posted on 7/7/20 at 6:30 pm to gsvar2004
frick no. We are all in on MMT and will never do anything to pay down debt. It would break the economy.
Posted on 7/7/20 at 6:30 pm to gsvar2004
We just shite 3 trillion, why would we care.
Posted on 7/7/20 at 6:34 pm to gsvar2004
The Federal Reserve owns most of it and inflation doesn’t seem to be a problem, yet. We will see what happens when the petrodollar no longer exist and the USD isn’t the most trusted currency in world.
Posted on 7/7/20 at 6:38 pm to gsvar2004
I’m not happy about it, but it’s not the ticking time bomb that some people make it out to be.
When you owe the bank a million dollars, the bank owns you. When you owe the bank $30 trillion, you own the bank.
When you owe the bank a million dollars, the bank owns you. When you owe the bank $30 trillion, you own the bank.
Posted on 7/7/20 at 6:48 pm to gsvar2004
I used to, before Obama.
Now, it's beyond recovery.
We can't pay off the deficit without a total reset. And I am in favor of a total reset.
Now, it's beyond recovery.
We can't pay off the deficit without a total reset. And I am in favor of a total reset.
Posted on 7/7/20 at 6:49 pm to Poker_hog
That doesn’t mitigate the harm.
Every dollar of national debt crowds out 30 cents of private investment. Doesn’t matter who it’s owed to, it still destroys private investment all the same. And private investment is the number 1 driver of long run economic growth.
But to answer the OPs question, no, the voters don’t care. It’s hard to care about something you fundamentally don’t understand. And we’ve done a shite job of teaching our population basic economics.
Every dollar of national debt crowds out 30 cents of private investment. Doesn’t matter who it’s owed to, it still destroys private investment all the same. And private investment is the number 1 driver of long run economic growth.
But to answer the OPs question, no, the voters don’t care. It’s hard to care about something you fundamentally don’t understand. And we’ve done a shite job of teaching our population basic economics.
Posted on 7/7/20 at 6:51 pm to anc
And when you give up 10 trillion dollars worth of private investment, China passes you up
Posted on 7/7/20 at 6:52 pm to TigerAxeOK
How long would a reset take?
Posted on 7/7/20 at 7:01 pm to gsvar2004
Deficit is the shortfall between the gov takes in and what it spends. The debt is the accumulation of the deficits.
Trump seems to be unconcerned as are most politicians.
Luckily we have low interest rates.
If interest rates tick up, people are going to get a big wake up call.
Trump seems to be unconcerned as are most politicians.
Luckily we have low interest rates.
If interest rates tick up, people are going to get a big wake up call.
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