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Started By
Message
re: Elon: DOGE probably won’t find $2 trillion in federal budget cuts
Posted on 1/9/25 at 8:13 am to SlowFlowPro
Posted on 1/9/25 at 8:13 am to SlowFlowPro
How much did Biden cut?
Posted on 1/9/25 at 8:13 am to SlowFlowPro
Let's take a good hard look at the military and see how close we get to that number.
Posted on 1/9/25 at 8:14 am to SlowFlowPro
quote:
That's why "populism" has become so popular on the right and fiscal conservatism has gone to the wayside.
For me I can play in the red pilled sandbox and pretend that budget cuts will actually fix debt and deficits (which is futile in a debt based system where debt is THE feature).
Or I can play in the black pilled sandbox and say frick it, spend all you want and hope for a monetary collapse so we have the political motivation to make serious changes.
Posted on 1/9/25 at 8:14 am to SlowFlowPro
quote:
Musk told political strategist Mark Penn in an interview broadcast on X that the $2 trillion figure was a “best-case outcome” and that he thought there was only a “good shot” at cutting half that.
Mischaracterization of what he actually said. He said that trying for $2T gives a good shot at $1T.
Posted on 1/9/25 at 8:17 am to SlowFlowPro
quote:
budget experts
lulz
Posted on 1/9/25 at 8:19 am to Jcorye1
quote:
Anyone with a brain knew this, unfortunately elections require people to talk in hyperbole. That being said, not a fan of the amount of backtracking happening before the inauguration begins.
Yes it was always stupid fantasy bullshite, no matter how much melting occurred when this was pointed out.
All hope is not lost, though
RINOs in the Senate are working to fix this the proper way
quote:
Senate Republicans, waiting for their House counterparts to figure out their strategy on border security and tax reform, are planning to use the Congressional Review Act (CRA) to wage a lightning war on regulations implemented by the Biden administration over the past six months.
Senate GOP leaders say their first priority will be to confirm President-elect Trump’s Cabinet nominees but then they will move quickly to passing CRA resolutions to overturn an array of the Biden-era regulations.
But they need to act quickly on the deregulatory front, because a joint resolution disapproving of Biden-era rules needs to be introduced under strict time requirements.
Republican lawmakers introduced 67 resolutions of disapproval to roll back regulations implemented under President Obama during Trump’s first year in office in 2017. Trump signed 16 of those resolutions of disapproval into law that year.
quote:
“It’s a target-rich environment,” Sen. John Cornyn (R-Texas) said. “I think the most important thing is for us to have sort of internal discussion and prioritization.
quote:
“We’re talking through what some of the eligible CRAs might be but that’s under consideration,” Senate Majority Leader John Thune (R-S.D.) told The Hill on Tuesday.
Posted on 1/9/25 at 8:21 am to SlowFlowPro
If we don't grow our debt and deficits year over year how will the Federal Reserve and the underlying banking system survive? They rely on federal government debt and deficits.
Why don't you care about the health of the Federal Reserve and underlying banks? If you stopped federal deficits and ran surpluses year over year the Federal Reserve's biggest customer the federal government would not need them any longer.
Why don't you care about the health of the Federal Reserve and underlying banks? If you stopped federal deficits and ran surpluses year over year the Federal Reserve's biggest customer the federal government would not need them any longer.
Posted on 1/9/25 at 8:22 am to GumboPot
quote:
Or I can play in the black pilled sandbox and say frick it, spend all you want and hope for a monetary collapse so we have the political motivation to make serious changes.
If this happens there isn't a modern society to have these debates anymore
Posted on 1/9/25 at 8:22 am to SlowFlowPro
quote:
Elon:
Posted on 1/9/25 at 8:23 am to SlowFlowPro
I've said since it's inception that when it's all said and done Doge will have spent more on administrative costs and salaries than it will have achieved in realized savings.
Posted on 1/9/25 at 8:23 am to OceanMan
quote:
Mischaracterization of what he actually said. He said that trying for $2T gives a good shot at $1T.
Title of thread
quote:
DOGE probably won’t find $2 trillion in federal budget cuts
Posted on 1/9/25 at 8:23 am to SlowFlowPro
Here comes Slow, so intent on spiking the ball, that he’s praising government inefficiency.
Posted on 1/9/25 at 8:23 am to SlowFlowPro
How do you get the populous onboard with the idea of cutting things if you don’t start somewhere?
Posted on 1/9/25 at 8:23 am to GumboPot
quote:
If we don't grow our debt and deficits year over year how will the Federal Reserve and the underlying banking system survive? They rely on federal government debt and deficits.
It's been explained to you 100x on here, the same as your inflationary "notes" proposal.
Posted on 1/9/25 at 8:24 am to SlowFlowPro
Your reach should always exceed your grasp.
Posted on 1/9/25 at 8:24 am to SlowFlowPro
Might as well not even try. Oh well
/s
/s
Posted on 1/9/25 at 8:25 am to TigerFanatic99
quote:
I've said since it's inception that when it's all said and done Doge will have spent more on administrative costs and salaries than it will have achieved in realized savings.
That's hyperbolic in the other direction. It's more of a think tank.
The main costs will be the litigation costs fighting the method of attacking the employees/regulations, which is a big number for normal people but decimal points for the numbers we're talking (even if those numbers are well under $2T)
Posted on 1/9/25 at 8:29 am to SlowFlowPro
quote:
the entire discretionary budget was only $1.7 trillion.
Well, there’s $1.7 trillion right there.
Posted on 1/9/25 at 8:31 am to SlowFlowPro
quote:
It's been explained to you 100x on here
What specifically has been explained to me?
quote:
the same as your inflationary "notes" proposal.
U.S. Notes are just as inflationary as Federal Reserve Notes. In terms of currency, once they either leave the U.S. Treasury or the Federal Reserve Bank, respectively, they act economically exactly the same.
The only difference is prior to entering the economy. One comes with debt and the other does not. And you say you abhor debt but fight vigorously for the debt based system.
Posted on 1/9/25 at 8:31 am to Y.A. Tittle
quote:
How do you get the populous onboard with the idea of cutting things if you don’t start somewhere?
That's fine, but the puffery is being exposed.
There is a lot of "well yeah that's what I actually meant when I was melting down over you pointing this out during the election" going on ITT.
And, as I pointed out, the RINOs are actually doing this, and doing it in the proper legal manner.
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