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Posted on 7/7/20 at 9:17 pm to gsvar2004
It’s important but not a deal breaker.
I’d be happy if we just had the political will as a nation to consolidate redundant departments and programs. It seems like there’s 51 of everything - the feds plus 50 states.
Also, is it crazy of me to want to cut out baseline budgeting? Why can’t government departments roll excess funds over into the next fiscal year instead of being forced to spend it all by an arbitrary deadline in order to get some more?
I’d be happy if we just had the political will as a nation to consolidate redundant departments and programs. It seems like there’s 51 of everything - the feds plus 50 states.
Also, is it crazy of me to want to cut out baseline budgeting? Why can’t government departments roll excess funds over into the next fiscal year instead of being forced to spend it all by an arbitrary deadline in order to get some more?
Posted on 7/7/20 at 9:53 pm to funnystuff
quote:I think the 30 cents thing is BS, but at least you clarified 10 trillion over 40 years. I thought you were saying just since Obama or something.
Yes, we have given up 10 trillion dollars of private investment. At least. Opportunity costs are a real thing. And our best estimate is that we crowd out 30 cents of private investment for every dollar of deficit we run. Meaning we gave up well over 10 trillion dollars of private investment by running our persistent budget deficits, because that number only accounts for the currently remaining debt, not the total debt incurred. The total hit to private investment over the last 40 years of unconstrained spending is actually far higher.
Posted on 7/7/20 at 10:01 pm to gsvar2004
People care. Until they find out the only way to fix it is massive cuts to Social Security.
Posted on 7/7/20 at 10:04 pm to Cosmo
Republicans used to care about a lot of things. No longer.
Posted on 7/7/20 at 10:07 pm to gsvar2004
I haven't cared for almost a decade. I know it'll never be paid and idgaf.
Posted on 7/7/20 at 10:08 pm to gsvar2004
deficit is so yesteryear.
Posted on 7/8/20 at 12:39 am to Trevaylin
Interesting, that it seems like our country has turned into a “I don’t give a shite” anymore country.
Posted on 7/8/20 at 12:47 am to PsychTiger
quote:
I don’t have children, so no.
Same here, let's ride this thing into the ground like Slim Pickens.
Posted on 7/8/20 at 12:54 am to hottub
Remarkable how few know about the petrodollar
Posted on 7/8/20 at 1:07 am to DerkaDerka
I'd unravel ev'ry riddle for my
Individdle
In trouble or in pain
With the thoughts that you'll be thinkin'
You could be another Lincoln
If you only had a brain.
Individdle
In trouble or in pain
With the thoughts that you'll be thinkin'
You could be another Lincoln
If you only had a brain.
Posted on 7/8/20 at 1:34 am to ehidal1
quote:
We all say we do, but don’t
I did, IDC anymore. Tell China to frick off. Ruin normal peoples lives/economy/jobs/economy/schools... they can frick off. The Chinese are always up to something stupid... do people ever ask why this dumb shite almost is always coming or produced by them?
We should vote for Beijing Biden though. What a fricking farce.
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