Debt only matters when the Dems are in the White House. |
Teo GOP presidents, Bush 43 and Trump 45, are responsible for 57% of the total national debt. How is it democratic insanity when Trump 47's proposals will grow the debt by another 5-11 TRILLION dollars? |
Because the national debt only matters when Democrats are in charge. |
The third option is inflation. And, yes, we need to balance the budget using all three mechanisms. This will necessarily include cuts to Medicare, Social Security, and the military. I have no idea why the press does not seem to want to address any of this, since the debt is probably the US's biggest problem. And, no, nothing that the Trump administration is doing right now is actually helping to solve any of it in any sort of meaningful way. At most, it amounts to the arranging of deck chairs on the Titanic. We need to go after the three largest expenses and also increase revenue. Part of increasing revenue is increasing GDP, and the current tariff situation precludes that. The whole situation is a big mess and neither the majority of voters nor the press (nor Congress) seems to care. |
Conservative fixation on debt is a cover for cutting services to the bottom half of Americans to facilitate tax cuts for the top 0.01%. They don’t care about the national debt; they only care about making the billionaires wealthier. The idea that President Musk is concerned about fraud, waste, and abuse is comical. He is the embodiment of fraud, waste, and abuse. |
But the debt would keep increasing, with the interest costs going higher and higher. |
Tax increases without increasing tax rates. Each year, the economy grows and provides more revenue, and you control your spending to not increase accordingly. The only problem is the interest number that is rising each year. |
Democrats espouse Modern Monetary Theory that says higher spending and debt doesn't matter, as you just print more money. |
Trump wants to increase it even more trillions. Gotta take care of billionaires. |
It's not just democrats. Republicans spend like crazy, too. They just have different areas they want to spend on. And they add in tax cuts, and that's not sustainable by any measure. |
"MMT" in practice actually started with Ronny Reagan and Dick Cheney. They just didn't call it that. If this isn't MMT, I don't know what is: ![]() |
This thread will die quickly. The only engagement will be, "well, but DEMOCRATS...."
Meanwhile, Republicans will just keep adding and adding, while cutting services and programs that amount to pennies in comparison. |
Trump wants to eliminate the debt ceiling. https://www.nbcnews.com/news/amp/rcna184820 |
The clock was started by another NYC real estate heir whose father actually made them wealthy. https://en.m.wikipedia.org/wiki/Seymour_Durst Bonus, his son was an infamous murderer. |
Nobody who guts the IRS is serious about reducing debt. |