How long till the economy collapses?

Anonymous
Anonymous wrote:How will tax cuts for the wealthy lower our debt and get our economic house in order? Can someone please explain?


something something trickle down and bootstraps?
Anonymous
Your weekly reminder than economic inequality caused the great depression.
Anonymous
Anonymous wrote:Yes, your fearless leader who wants to cut unnecessary spending wants to turn Greenland into Red White and Greenland 🙄

Sounds like a really good use of government money over cancer research.


Red White and BlUE land
Anonymous
Anonymous wrote:The hyperbole and hysteria are curious. Government waste, fraud and abuse are funded and tied to many, if not most of these jobs. Perfect time for Entrepreneurs.

Good luck getting a small business loan you dumb f***
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Anyone who has lived through the collapse of a democracy or studied that topic is very worried. Are they crazy or just better informed than you about the signs that institutions are failing and power is being dangerously ceded to one man with authoritarian tendencies?

A lot depends on if the executive still follows the courts. The legislative branch has shown no signs of being a check. They’ve been verbally threatening not to follow court orders for a few days. Threatening judges. Project 2025 says ignore the court rulings and proceed with your policies.

Are we crazy for taking them at their word? Where do other people find the confidence to believe they wouldn’t actually do it?


Really something that reducing the size of the federal workforce and ending ridiculous spending by USAID = the end of democracy.



If this is so obvious, why won’t he just propose these cuts to congress so they can pass a law cutting them? Why does he insist on doing it illegally?


Because congress is absolutely worthless and they can’t legislate. I am absolutely furious that because of them we are in this situation. The goal of Trump has been stated, to remove $2 Trillion from our spending. To have our debt 3% of GDP. Paying down our debt will have a massive positive impact. Will it be easy? No, but we must get our fiscal house in order.


Does your fiscal house include tax cuts 🤔
Anonymous
Inflation up - Check
unemployment up - check
stock market stagnant - check
Medical research defunded - check
Avian flu rampant - check.

Looking good guys.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:We've stopped vaccinating people in other countries like airplanes and boats don't exist.

We've stopped funding cancer research.

We are deporting our agricultural workers.

We are ignoring environmental catastrophe and getting rid of NOAA and FEMA.

We are alienating our allies.

All of these things have consequences. Life has been hard for all of humanity until the last 100 years and we have chosen to go back in time.


So tell me where you would cut $2 Trillion from? How do you suggest we get to a good budget situation? I don’t think you realize that we can’t continue on this trajectory.


DP but some of what Trump is doing will cost us money, not save it. He's proposing massive tax cuts for the wealthy. You think alienating our allies will save money? Even the fork proposal is a huge expense, paying workers who aren't working through September even though most who took it would have left (without severance) through normal attrition anyway.

Everyone knows if you really want to shrink the budget, you don't do it with USAID or NOAA, which are relatively small programs. Are they going to go after the defense budget, the national intelligence budget, Social Security, Medicare, or Medicaid? Because those are where the $$$ is. Yet he has promised not to touch them.


He should not touch Social Security or Medicare for anyone Gen X and older. We have been paying for these for decades. Any changes there should be phased in by age group.

Buying and developing Trump Gaza is going to cost billions.


I thought we were all in for some pain or is it just everyone who's actually in their prime earning years and then we'll have no social security or Medicare because the programs have been dissolved. But don't worry the voters who voted for the Congress that made all these programs and didn't trim the budget since Clinton and voted Trump in and every other Republican who's driven the deficit up they get to live it up.
Anonymous
Anonymous wrote:
Anonymous wrote:We've stopped vaccinating people in other countries like airplanes and boats don't exist.

We've stopped funding cancer research.

We are deporting our agricultural workers.

We are ignoring environmental catastrophe and getting rid of NOAA and FEMA.

We are alienating our allies.

All of these things have consequences. Life has been hard for all of humanity until the last 100 years and we have chosen to go back in time.


So tell me where you would cut $2 Trillion from? How do you suggest we get to a good budget situation? I don’t think you realize that we can’t continue on this trajectory.



I don't think the cuts will come from spending more on SpaceX.

I don't care about Space.
Nothing they've done has lowered grocery prices.
Gas is still more expensive now than before.
My taxes won't go down due to these cuts. Meanwhile Elon will become richer.

How is this benefiting us?



Anonymous
Anonymous wrote:
Anonymous wrote:We've stopped vaccinating people in other countries like airplanes and boats don't exist.

We've stopped funding cancer research.

We are deporting our agricultural workers.

We are ignoring environmental catastrophe and getting rid of NOAA and FEMA.

We are alienating our allies.

All of these things have consequences. Life has been hard for all of humanity until the last 100 years and we have chosen to go back in time.


So tell me where you would cut $2 Trillion from? How do you suggest we get to a good budget situation? I don’t think you realize that we can’t continue on this trajectory.


Trump tax cuts will add to 46 trillion deficit.

https://www.budget.senate.gov/chairman/newsroom/press/extending-trump-tax-cuts-would-add-46-trillion-to-the-deficit-cbo-finds
Anonymous
Shut down March 14

Collapse then

The dollar is no longer
FDIC is going away

Yes they can yes they will
Anonymous
Anonymous wrote:Cut back like Clinton did. He involved Congress. He did it slowly and methodically. Through voluntary separations, early retirement, real buyouts. He used the system. He kept civil servant protections in place. But he was able to reduce the number of jobs by over 350,000 over 8 years.

Conduct systematic reviews using subject matter experts. If indirect costs to research universities is oversized, scale back over three years. Not just full stop. Don't blow stuff up to rebuild later.

You know, the rule of law.


Musk has no plans to rebuild nor does Donnie boy
Anonymous
DOGE is just theater - just a way for Musk and the billionaires to destroy the federal government.

It was never about reducing the deficit. Look at the House budget resolution the GOP is offering - a $4 TRILLION increase in debt limit.

Tax cuts would cost $4.5T over 10 years.

https://docs.house.gov/meetings/BU/BU00/20250213/117894/BILLS-119NAih.pdf
Anonymous
Anonymous wrote:Cut back like Clinton did. He involved Congress. He did it slowly and methodically. Through voluntary separations, early retirement, real buyouts. He used the system. He kept civil servant protections in place. But he was able to reduce the number of jobs by over 350,000 over 8 years.

Conduct systematic reviews using subject matter experts. If indirect costs to research universities is oversized, scale back over three years. Not just full stop. Don't blow stuff up to rebuild later.

You know, the rule of law.


+1 to all of this. Study and be thoughtful about what you cut.
Anonymous
Anonymous wrote:Right now we're heading for stagflation. 1970s here we come!


THIS.
Anonymous
Anonymous wrote:It is not likley that the economy will collapse or even slow down in 2025. 2026 is possible. You do realize that almost nothing that Trump has announced will take effect.


They are cutting funding to various federal agencies and contracting companies, universities, health care providers, etc. are making layoffs and reducing purchasing correspondingly. Other countries are cutting imports and travel to the US, affecting exporters and tourism. Cuts in federal funding to states will affect state spending and local jobs. Eventually things trickle down as all of the jobs and industries directly affected by federal spending contract and those people spend less on local goods and services. This doesn't take years, this could take three to six months.
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