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re: These M-fers don’t give a damn if they crash the economy
Posted on 3/12/25 at 9:27 pm to Diego Ricardo
Posted on 3/12/25 at 9:27 pm to Diego Ricardo
quote:
What happens when you cut off some of your revenue streams but do not significantly change your expenditures?
If you can take on unlimited debt with no consequences, not a damn thing.
Posted on 3/12/25 at 9:31 pm to Geekboy
quote:
2008 was nothing compared to what’s coming.
I remember 2000 …. and I remember 2008
To me, the current situation in the market reminds me more of 2008 … and the Banks clearly failed to learn their lesson, almost as much as the government failed.
The current bubble is so massive … smh

This post was edited on 3/12/25 at 9:33 pm
Posted on 3/12/25 at 9:34 pm to Geekboy
Crashing the economy is Trump’s plan. That’s what they did in the Soviet Union, and the oligarchs rose from the ashes to run Russia as a mafia state. That is what Trump and the right wing want for America. Crashing and destroying everything is the only way to have a very small privileged class take full control.
Posted on 3/12/25 at 9:51 pm to OccamsStubble
quote:
I trust Trump and whatever his plan is. Anyone doubting Trump's sincerity at thos point are simply fricking retarded.
His plan is to forward a budget based on 6.85T in spending and 4.9t in revenue.
That's step 1. Now what are the next steps in Trump plan? Why can't you people ever carry out a full thought?
What is Massie's plan? Cut spending and then what? Still lose billions to waste because Massie doesn't care about a targeted budget? What's Massie's plan to make sure the people not responsible for the debt aren't wrecked by the policy shift? What's Massie's plan to strengthen the economy and stop people taking advantage of us?
I'll go with the guy who has a plan to reduce spending wisely while lessening the burden on the people over the guy who just wants cuts with no follow through plan while letting foreign countries rape us in trade.
Massie was just the only republican who voted with every single democrat. I know you look at that and say, "Wow, that guy sure is principled." But at the end of the day, he is voting with democrats. Does it really matter what his principles are if he is giving power to the people trying to destroy our country?
He risked letting Trump take a fall for a closed government. But he didn't mean to hurt MAGA's agenda, so we have to excuse it, because we're conservatives and results don't matter, only being able to tell others how righteous and true we are.
Posted on 3/12/25 at 9:53 pm to TenWheelsForJesus
quote:
I'll go with the guy who has a plan to reduce spending wisely while lessening the burden on the people
Who's that, because it sure as frick isn't Trump.
Posted on 3/12/25 at 9:58 pm to TBoy
quote:
That is what Trump and the right wing want for America.
Are you going to pretend the left wing doesn't want the same?
Posted on 3/12/25 at 10:16 pm to Geekboy
They do care. They simply milk as much as possible out of the system without killing the host. I'm legit curious how big of a percentage of US household income could go towards debt payments before things got untenable.
Usury was treated as a cancer even back in biblical times and was even an issue leading up to WW2.
Usury was treated as a cancer even back in biblical times and was even an issue leading up to WW2.
Posted on 3/12/25 at 11:06 pm to TBoy
quote:
Crashing the economy is Trump’s plan. That’s what they did in the Soviet Union, and the oligarchs rose from the ashes to run Russia as a mafia state. That is what Trump and the right wing want for America. Crashing and destroying everything is the only way to have a very small privileged class take full control.
That's what regulations do, TBoy. They make compliance costs insanely high so it keeps competitors out of the markets. The Left doesn't think we're regulated enough.
Can you name for us a single Leftist policy that would increase market competition?
Posted on 3/12/25 at 11:10 pm to RollTide4Ever
quote:
Buy metals and prepare.
Lead, copper, and zinc.
Posted on 3/12/25 at 11:54 pm to Geekboy
quote:
These frickers in Washington
You're including Trump in your rage, yes?
I don't see him making any effort to curb the deficit or the debt.
Even the DOGE money they (supposedly) will save, he's talking about sending that back to taxpayers instead of using it to pay down either one.
Same with all the vote-buying tax exemptions. That's money that could be going to pay this shite down.
Posted on 3/13/25 at 12:04 am to Diego Ricardo
quote:
If you think saying "the reason we have an exploding national debt is due to 40 years of tax cuts with no significant decrease in government spending" is the dumbest shite you've read in weeks, then you're the retard in this situation.
Your problem is that you left out the bolded part in your original post.
And yes…your original post was some of the dumbest shite typed on the Internet in weeks.
Posted on 3/13/25 at 12:29 am to lake chuck fan
quote:
Anyone doubting Trump's sincerity at thos point are simply fricking retarded
What about his competency?
Posted on 3/13/25 at 1:12 am to TenWheelsForJesus
quote:
I'll go with the guy who has a plan to reduce spending wisely
LINK

I'm in no way saying Biden did well. I don't like these numbers any more than you do. So simply limit it to Trump:
quote:Who's your guy again?
President Trump approved $5.9 trillion of net spending increases including interest ($2.8 trillion non-COVID) and $2.5 trillion of net tax cuts ($2.0 trillion non-COVID).
This post was edited on 3/13/25 at 1:14 am
Posted on 3/13/25 at 6:06 am to Taxing Authority
I don’t know how you can know anything about the personal history of Donald Trump and think to yourself “yeah that guy is fiscally conservative” lmao.
Posted on 3/13/25 at 6:56 am to stuntman
quote:
Well, hopefully if a major crash happens (and I agree w/ you that one is coming), it's NOT handled like the Great Depression or 2008 where government decided to spend way more and get even more involved in the economy. That's what made both of those so bad.
This is not even close to what actually happened. In fact it is almost completely opposite of what happened. The stock market crash of 1929 happened in an era of extremely low government regulation. The government responded to the loss of revenue, caused by the slowdown, with big cuts in government spending intended to balance the budget (so exactly opposite of what you posted). These cuts are almost universally believed to by economists to have deepened the recession into what became known as The Great Depression.
It wasn’t until the enormous spending of FDR, most occasioned by the war, that the economy recovered.
Posted on 3/13/25 at 7:03 am to Diego Ricardo
quote:
Our debt problems are most entirely due to the variety of tax cuts over the last 40 years.
Completely false. I mean. Absurdly false.
Posted on 3/13/25 at 7:05 am to Diego Ricardo
quote:
Many of these things also could not be left to a profit-seeking organization either without a degradations in levels of service.
Name some.
quote:
even the billionaires depend on the government to some degree, perhaps even more than many of us on here.
Interesting. Please expand.
Posted on 3/13/25 at 7:07 am to Diego Ricardo
quote:
What happens when you cut off some of your revenue streams but do not significantly change your expenditures?
Laffer curve laughs at you.
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