re: National debt at highest level ever

quote:

---

Homes prices are up over 10x since 1976 and the median household wage has increased 6.5x......there's a problem.

---

It gets even better. That 6.5x is nominal.
Now do real.

quote:

---

Just keep printing money and f*** the future. Sad

---

Elect leftists, that will fix it.

Here's a basic truth - the debt always goes up when there is a deficit. This is nothing new.

It may have paused one year in the late 90's because of Newt Gingrich and the original tech boom.

Who among the Speakers since Newt has been even remotely effective?

quote:

---

A national security threat greater than all others combined....and nobody cares.

---

Yup. We already at WW2 debt/gdp levels. WIthout the war. Realistically, we cannot fight a real war anymore.

quote:

---

If we can just print this money for deficit spending without consequences, then why not?

---

Paul Krugman, issat you? Or is it Bernie?

quote:

---

Depends on the context… the way most people imagine national debt works is wrong… the debt itself is necessary

---

Holy smokes.

quote:

---

a trillion in 5 months eh?
shart of the deal

---

The good news is we're going to get almost a 1.2% spending cut in 2028... maybe.

quote:

---

Trump doesn't spend a penny. The Congress does.

---

This excuse would work, exept Trump wants to spend more than Congress will authorize. He's still looking to add $500 billion to defense. I guess to make sure that debt interest doesn't become #2, and is still behind defense. I need to look and see how long until debt interest overtakes SS. I' bet it's not that far away.

quote:

---

Federal revenues are up11% compared to the same prior year's period.

---

We don't have a revenue problem.

quote:

---

Did you support the Tariffs? Did you support the efforts of DOGE to eliminate waste and fraud and inefficiency? Did you support fixing the problem and illegal immigration and eliminating federal funds for programs to illegal aliens. Did you support ending US funding for the war in Ukraine?

---

All of this is cute. But combined, it's only a drop in the bucket. Cutting entitlements and Medicare are the only things that will make a meaningful difference at this point.

quote:

---

All of this is cute. But combined, it's only a drop in the bucket. Cutting entitlements and Medicare are the only things that will make a meaningful difference at this point.

---

So you support things that Trump hasn't done to reduce our deficits, things which every other president also hasn't done, like cutting "entitlements" (is that a euphemism for trust funds that were paid into?). And you oppose the things he has done (or tried to do and been opposed by Congress and courts) to reduce our deficits, because they're "a drop in the bucket".

I say let us start with the "drop in the bucket" and see how big it is. Eliminate govt waste, corruption, inefficiency. Those are some big numbers. Trade tariffs, those are some big numbers. Eliminate all federal "entitlements" to illegal aliens, direct or indirect. If those things are just a drop in the bucket, we should get them done with no opposition.