Started By
Message
locked post

Do voters really care about the deficit?

Posted on 7/7/20 at 6:11 pm
Posted by gsvar2004
Member since Nov 2007
7951 posts
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 by PsychTiger
Member since Jul 2004
98756 posts
Posted on 7/7/20 at 6:12 pm to
I don’t have children, so no.
Posted by ehidal1
Chief Boot Knocka
Member since Dec 2007
37133 posts
Posted on 7/7/20 at 6:12 pm to
We all say we do, but don’t
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 7/7/20 at 6:13 pm to
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 by Cosmo
glassman's guest house
Member since Oct 2003
120175 posts
Posted on 7/7/20 at 6:13 pm to
Well voters cant really care when no candidates give a shite
Posted by BestBanker
Member since Nov 2011
17474 posts
Posted on 7/7/20 at 6:13 pm to

This post was edited on 7/8/20 at 10:36 am
Posted by FormalGreenWizard
Member since May 2020
9 posts
Posted on 7/7/20 at 6:15 pm to
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%
Posted by Azkiger
Member since Nov 2016
21456 posts
Posted on 7/7/20 at 6:17 pm to
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 by Poker_hog
Member since Mar 2019
2919 posts
Posted on 7/7/20 at 6:29 pm to
Not really. Most of the dept is owed to ourselves.
Posted by Magician2
Member since Oct 2015
14553 posts
Posted on 7/7/20 at 6:30 pm to
Neither party gives an absolute frick about it.

Posted by DallasTiger11
Los Angeles
Member since Mar 2004
11804 posts
Posted on 7/7/20 at 6:30 pm to
frick no. We are all in on MMT and will never do anything to pay down debt. It would break the economy.
Posted by wt9
Savannah, Ga
Member since Nov 2011
1123 posts
Posted on 7/7/20 at 6:30 pm to
We just shite 3 trillion, why would we care.
Posted by hottub
Member since Dec 2012
3325 posts
Posted on 7/7/20 at 6:34 pm to
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 by anc
Member since Nov 2012
18006 posts
Posted on 7/7/20 at 6:38 pm to
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.
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24680 posts
Posted on 7/7/20 at 6:48 pm to
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.
Posted by funnystuff
Member since Nov 2012
8324 posts
Posted on 7/7/20 at 6:49 pm to
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.
Posted by ChexMix
Taste the Deliciousness
Member since Apr 2014
24769 posts
Posted on 7/7/20 at 6:49 pm to
No
Posted by funnystuff
Member since Nov 2012
8324 posts
Posted on 7/7/20 at 6:51 pm to
And when you give up 10 trillion dollars worth of private investment, China passes you up
Posted by roadGator
Member since Feb 2009
139791 posts
Posted on 7/7/20 at 6:52 pm to
How long would a reset take?
Posted by SlidellCajun
Slidell la
Member since May 2019
10348 posts
Posted on 7/7/20 at 7:01 pm to
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.
first pageprev pagePage 1 of 3Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram