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Started By
Message
re: MAGA is "Killing it" in making debt
Posted on 8/20/26 at 1:20 pm to SloaneRanger
Posted on 8/20/26 at 1:20 pm to SloaneRanger
quote:Thats not true. Trump has a plant to keep debt interest under defense spending… by spending more on defense! 39th degree chess!
And of course interest on the debt, which is now bigger than defense spending. No politician can (or dares to) do anything about it.
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Posted on 8/20/26 at 1:21 pm to jp4lsu
GOP admin runs up debt, sends country into a death spiral. DEM admin spends subsequent term trying to fix it. Rinse. Repeat.
Posted on 8/20/26 at 1:23 pm to Cockopotamus
quote:If money printing was a path to wealth, counterfeiting would not only be legal, but encouraged.
The debt is so large we need both (1) inflation and (2) economy growth. …
Regarding inflation, he keeps calling for interest rate cuts. Not his fault the fed wont comply.
Posted on 8/20/26 at 1:23 pm to DeBoar
quote:
You run a company and lose over 3 billion in guarantees and see how hot your arse is.
You run DOGE uncovering billions in wasteful spending and thousands of unnecessary government employees only to have Big Beautiful Bill passed and wipe it out and see how hot your arse is.
Posted on 8/20/26 at 1:26 pm to jp4lsu
Trump is doing everything within his power to address this issue.
You need a Civics lesson junior! Congress controls the budget and flow of money.
I would add, have some patience. The trillions of dollars of committed investments will take some time to make a difference in our economy.
Stupid amd short sighted idiots like the OP watch too much TV. They believe everything should be discovered, evaluated, and solved within an hour.
Real life is different from the TV baw.
Grow up, grow a pair, stop being such a whiner and loser.
You need a Civics lesson junior! Congress controls the budget and flow of money.
I would add, have some patience. The trillions of dollars of committed investments will take some time to make a difference in our economy.
Stupid amd short sighted idiots like the OP watch too much TV. They believe everything should be discovered, evaluated, and solved within an hour.
Real life is different from the TV baw.
Grow up, grow a pair, stop being such a whiner and loser.
Posted on 8/20/26 at 1:26 pm to PorkSammich
You just said musk was fine with subsidy cuts …
Posted on 8/20/26 at 1:27 pm to TrueTiger
quote:
No politician and neither party want to be the one who crashed the economy.
Who will admit to crashing the economy.
The Dems don't care. They will happily do it as soon as they have a majority and a Dim president again.
Posted on 8/20/26 at 1:27 pm to lowhound
quote:Budget bills can be passed with a simple majority. What budget bill has Trump proposed, or supported that aren’t getting moved through Congress?
Blame it on Trump, but we can't get the Senate to put anything to vote, much less debate it on the floor.
quote:This was true in 2019. Has Trump proposed going back to 2019 spending levels? Link?
Much of the current spending and growing interest was already in place.
Posted on 8/20/26 at 1:29 pm to Taxing Authority
quote:
Thats not true. Trump has a plant to keep debt interest under defense spending… by spending more on defense! 39th degree chess!
Dude defense spending is a rounding error in this problem. If you don’t understand that then I don’t know what more I can tell you.
Posted on 8/20/26 at 1:30 pm to DeBoar
quote:Why hell would Elon want EVs subsidized. They sell every Tesla they build. All subsidies do is attract and help competitors with higher production costs. Good grief.
You run a company and lose over 3 billion in guarantees and see how hot your arse is. Again you have no concept of reality.
Posted on 8/20/26 at 1:32 pm to Taxing Authority
Point awarded to: TA
Nicely done.
DTCI321
Seconds since…
Back to zero again. Dang
Nicely done.
DTCI321
Seconds since…
Back to zero again. Dang
This post was edited on 8/20/26 at 1:34 pm
Posted on 8/20/26 at 1:33 pm to jp4lsu
Making sure other medium & large governments financially insecure or insolvent first is the “soft landing “.
Posted on 8/20/26 at 1:33 pm to Taxing Authority
You’re dumb if you can’t figure out why losing a $7500 consumer tax credit is bad for a company.
Posted on 8/20/26 at 1:33 pm to dgnx6
quote:And Trump not only CR’ed his budgets multiple times, he primaried anyone voting against those spending bills, and. via the OBBBA, is outspending Biden.
Biden added 9 trillion to the debt.
Punting to Biden is a no go at this point.
Posted on 8/20/26 at 1:36 pm to lake chuck fan
quote:
Trump is doing everything within his power to address this issue.
Posted on 8/20/26 at 1:38 pm to Taxing Authority
quote:
Punting to Biden is a no go at this point.
I’m afraid I have bad news for you on that front.
Posted on 8/20/26 at 1:38 pm to SloaneRanger
quote:Its not. Adding another $700B to annual spending isn’t going the right direction . It’s ~30% of our current annual deficit. It’s indefensible.
Dude defense spending is a rounding error in this problem. If you don’t understand that then I don’t know what more I can tell you.
Posted on 8/20/26 at 1:39 pm to DeBoar
quote:Dunning Krueger is undefeated! I’m having better luck teaching my dog calculus. Might start Reimennian sums soon.
You’re dumb if you can’t figure out why losing a $7500 consumer tax credit is bad for a company.
This post was edited on 8/20/26 at 1:42 pm
Posted on 8/20/26 at 1:41 pm to GreatLakesTiger24
quote:
Trump is trying as hard as he can
Trump is a Boomer. Boomer's enrich themselves and don't give a shite about the future.
Posted on 8/20/26 at 1:42 pm to jp4lsu
yes! we need to reintroduce the middle class to the concept of paying income tax!
the top 10% of returns pay 70% of all income taxes while 63% of merican's pay no income tax.
here's the good news jethrine our debt to gdp depending on how it's calculated is roughly 100 to 120%
china and japan's are over 300% and both those countries are in demographic death spirals.
but if you're as concerned about this as you pretend to be, then you should buy gold (off 400 dollars an ounce in the last 4 months) and freeze dried food!
the top 10% of returns pay 70% of all income taxes while 63% of merican's pay no income tax.
here's the good news jethrine our debt to gdp depending on how it's calculated is roughly 100 to 120%
china and japan's are over 300% and both those countries are in demographic death spirals.
but if you're as concerned about this as you pretend to be, then you should buy gold (off 400 dollars an ounce in the last 4 months) and freeze dried food!
This post was edited on 8/20/26 at 8:32 pm
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