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Started By
Message
Posted on 8/20/26 at 9:03 pm to jp4lsu
DOGE, shite on by Congress, is a partial solution. NO one in power wants a hard look into massive corruption. Think Stop Nick Shirley Act in CA, and MN largely looking away.
It's also happening in your state and mine.
It's also happening in your state and mine.
Posted on 8/21/26 at 5:16 am to SloaneRanger
quote:
It's mostly entitlement obligations that have been in place for years that just continue to snowball as time goes on
Why do people keep calling Social Security and Medicare entitlements, both of which have been held out workers paychecks for years. Unwillingly I might add due to federal laws.
We want what is due to us and basically held out of our paychecks we worked for and earned. The government took our hard earned money and its time to pay the piper.
I am entitled to the monies I payed into SS and Medicare.
Posted on 8/21/26 at 6:47 am to America250
quote:
Why do people keep calling Social Security and Medicare entitlements
Because they’re legally and financially classified as entitlement programs.
Posted on 8/21/26 at 6:51 am to America250
quote:
I am entitled to the monies I payed into SS and Medicare.
You paid for the current elderly and infirm in hopes there would be enough young and healthy to pay for your care once you become elderly or infirm.
You didn’t pay “into” anything.
Social security is by its very definition a redistributive entitlement program that redistributes funds from one group (the healthy and young) to another (the old and infirm).
Posted on 8/21/26 at 7:15 am to SDVTiger
Yea, I agree this debt is because of the democrats in the US Senate. While there are some republicans attempting to stay elected voting along with them. This is on the Senate not Trump.
Posted on 8/21/26 at 7:28 am to jp4lsu
Trump is definitely not a fiscal conservative so anyone hoping for that is going to be disappointed
Building a billion dollar ballroom, while engaged in an expensive war, while interest rates are near their decade highs, gives a clear picture of what kind of fiscal mindset he has.
Building a billion dollar ballroom, while engaged in an expensive war, while interest rates are near their decade highs, gives a clear picture of what kind of fiscal mindset he has.
Posted on 8/21/26 at 7:30 am to TBoy
Do you have a hobby, besides being stupid?
Posted on 8/21/26 at 7:30 am to roadGator
quote:
Link?
because 63% of anerican's pay no income tax, you really pay no meaningful income tax until you hit 200k married filling joint,
how much did you make last year boy?
my link jethrine is the law of averages.
i'm guessing you're one of the 63% of americans that not only don't pay income tax but also can't cover an unexpected $500 expense!
how proud your parents must be!
Posted on 8/21/26 at 8:50 am to dickkellog
quote:
i'm guessing you're one of the 63% of americans that not only don't pay income tax but also can't cover an unexpected $500 expense!
Lolol
Silly piggie. You aren’t good at guessing.
But, your tactic is normal for you “people”. Make shite up, get called out for lying, repeat the lie, fire ad Homs.
Typical stuff around here.
What I make is none of your business. Your mama never taught you right?
GMMOT! Hope you are well.
This post was edited on 8/21/26 at 8:54 am
Posted on 8/21/26 at 9:40 am to PorkSammich
quote:
Big Beautiful Bill will be adding $3-5 trillion more.
Trump has not done enough to address our debt, but this is a very misleading statement. It “added” to the deficit because it extended tax cuts. If you assume tax cuts in your baseline, which is how it should be framed, then the bill actually reduced our deficit through spending cuts like Medicaid work requirements.
There’s so much wrong with our tax and spending policies, but the OBBB is not the problem. Massie was dead wrong about it.
Posted on 8/21/26 at 10:09 am to Cockopotamus
quote:Not intentionally. If I have I'm sorry man.
Umm, again, you are trying to twist what I said
quote:Except devauling the currency is NOT dealing with the debt. The treasury could print $40 Trillion dollars tomorrow and pay off the entire debt--overnight. Don't even need to do the actual printing part. Why don't they?
I said inflation was necessary to deal with the debt.
quote:Economic growth does allow expansion of the money supply, but only if it's backed by expanded production. In that sense, it's not inflation because the nominal value of each dollar doesn't change. But inflation is expansion beyond that increase in value. And every bit of inflation reduces the nominal value of a dollar. It's not dealing with the debt any more than we are better off when your salary doubles (I'm rich!) but prices triple because the value of the dollar is lower.
I didn't say we could print our way out. I said that we need both inflation and economic growth.
I'm not trying to twist your words. It's just that what anyone says inflation plays any part of dealing with debt, it doesn't make sense prima facie. It's the opposite of dealing with debt. I'm open to some sort of clarification of your position.
Posted on 8/21/26 at 10:14 am to geauxEdO
quote:Not so much. It adds to the debt because the spending "cuts" are all punted to future congresses. Congress cannot bind future congresses to do anything.
It “added” to the deficit because it extended tax cuts.
quote:Nope. It presumed future congresses will pass those work requirements and "cuts". HINT: they won't, for the same reasons they weren't included in OBBB.
the bill actually reduced our deficit through spending cuts like Medicaid work requirements.
Posted on 8/21/26 at 10:17 am to jp4lsu
Wait, Trump isn't a conservative? I was lied to?
JK I knew all along Trump was about a speck to the right of Bill Clinton, but with a much more corrupt congress.
JK I knew all along Trump was about a speck to the right of Bill Clinton, but with a much more corrupt congress.
Posted on 8/21/26 at 10:25 am to GreatLakesTiger24
Lmao! Almost 2 years in office, debt going up faster than before, but its never Trump's fault. 
Posted on 8/21/26 at 10:43 am to jp4lsu
So other than the debt, are you happy with MAGA?
Posted on 8/21/26 at 10:53 am to TerryDawg03
quote:The people downvoting this don't understand how compounding works. When you save and invest, compounding eventually reaches the point where your money is doing much of the work for you. Debt works the same way in reverse. We’re running persistent primary deficits, adding the interest expense to those deficits, borrowing more to cover them, and then paying interest on a larger pile of debt.
Interest carry is compounding every year, and there are discretionary and non-discretionary items.
We’re doing the opposite of investing.
Posted on 8/21/26 at 11:05 am to beerJeep
quote:
You didn’t pay “into” anything.
The very day SS goes insolvent and can't pay out the benefits, is the very day that ARMED US Citizens will march on Washington DC and the into the halls of Congress.
Posted on 8/21/26 at 11:09 am to America250
quote:
The very day SS goes insolvent and can't pay out the benefits, is the very day that ARMED US Citizens will march on Washington DC and the into the halls of Congress.
So…. 2033?
Posted on 8/21/26 at 1:21 pm to OccamsStubble
quote:A most valid critique of Trump is that he has borderline insane aspirations. He was rolling out with EO's and proposed legislation in his first week all the way up until the Iran war started at a pace that was too fast to count. It's not like he didn't move the needle on a ton of stuff like getting the border closed, making DC safe, the big beautiful bill, bringing trillions of investments stateside, Venezuela, disarming Iran, etc all before midterms. To say that he's not a top 5 consequential president would be fooling yourself.
He stated that if given two terms, he’d not only make the deficit 0, he would pay off the debt. Only a fool would think he’s on his way to either.
These trillions in deregulation, investment, companies building factories with their own power plants are definitely a step in the right direction to paying down the debt if that's what you're concerned about. If it doesn't happen before he leaves office, it's about return of investment, it may take a while after all we're talking $40 trillion. Math I couldn't even envision computing. He's definitely doing a lot more about it than any other president this millennium.
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