Republicans and the debt ceiling

[Anonymous]

The only things that can be cut, which will make a difference, are DOD and low income / senior citizen benefits. All three groups are pretty much the republican base at this point, so I don't know that the Maga congress critters really know what they are doing.

[Anonymous]

Anonymous wrote:The only things that can be cut, which will make a difference, are DOD and low income / senior citizen benefits. All three groups are pretty much the republican base at this point, so I don't know that the Maga congress critters really know what they are doing.

Yes. Nothing else can be cut.

NOTHING.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The only things that can be cut, which will make a difference, are DOD and low income / senior citizen benefits. All three groups are pretty much the republican base at this point, so I don't know that the Maga congress critters really know what they are doing.

Yes. Nothing else can be cut.

NOTHING.

Go look at the federal budget. The things you want to cut do not account for very much spending. It isn’t mostly welfare and foreign aid like right-wing dumbasses think it is.

[Anonymous]

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

Yep that would be the way to do it. It would lower inflation as well. All the government spending increases is just driving up inflation and destroying the currency. Cutting government spending by 20 percent across the board would send a message that the United States is serious about the strength of the dollar and is grounded in reality.

[Anonymous]

Anonymous wrote:

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

Yep that would be the way to do it. It would lower inflation as well. All the government spending increases is just driving up inflation and destroying the currency. Cutting government spending by 20 percent across the board would send a message that the United States is serious about the strength of the dollar and is grounded in reality.

Republicans have insisted that this is not their plan. If course they also won’t tell anyone what they do want to cut.

[Anonymous]

7 out of the last 10 debt ceiling increases in the past had other legislative attached to it

[Anonymous]

Anonymous wrote:

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

Yep that would be the way to do it. It would lower inflation as well. All the government spending increases is just driving up inflation and destroying the currency. Cutting government spending by 20 percent across the board would send a message that the United States is serious about the strength of the dollar and is grounded in reality.

You're ludicrously naive and have absolutely no understanding of how anything works. And, it would be the exact opposite- it would send a message that the United States is an unserious country that does random and arbitrary things without regard to internal consequences.

[Anonymous]

A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

[Anonymous]

It would send us into a deep recession.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:
20 percent cut across the board. All checks and payments cut 20 percent.

It’s the only way to do it without wasting time with incessant whining.

Yep that would be the way to do it. It would lower inflation as well. All the government spending increases is just driving up inflation and destroying the currency. Cutting government spending by 20 percent across the board would send a message that the United States is serious about the strength of the dollar and is grounded in reality.

You're ludicrously naive and have absolutely no understanding of how anything works. And, it would be the exact opposite- it would send a message that the United States is an unserious country that does random and arbitrary things without regard to internal consequences.

Haha..

Unlimited money printing, open borders, insolvent banks, hyperinflation, allowing proxy Ww3 in Europe, surging crime, lower life expectancies…

That’s a unserious country.

Belt tightening and paying bills with dollars that aren’t eroded by inflation is serious.

[Anonymous]

Why would anybody buy treasuries?

1) They are always defaulted on with dollars worth infinitely less than those that were invested.

2) the democrats always say if the debt ceiling isn’t raised (I.E. more suckers don’t lend more money) they won’t pay the investors back… even though the interest is only 600 million and they take in 5 trillion a year in taxes and can easily pay. In other words ..bond holders are the last priority in the budget.

3) to add insult to injury the 4 percent yield is TAXED!!


What a horrible Ponzi scheme investment to a entity that literally tells you you’re an idiot.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The only things that can be cut, which will make a difference, are DOD and low income / senior citizen benefits. All three groups are pretty much the republican base at this point, so I don't know that the Maga congress critters really know what they are doing.

Yes. Nothing else can be cut.

NOTHING.

If there is something that can be cut, why won't the republicans just say what it is? What's with the hiding the ball and refusing to tell anyone?

[Anonymous]

Anonymous wrote:
Why would anybody buy treasuries?

1) They are always defaulted on with dollars worth infinitely less than those that were invested.

2) the democrats always say if the debt ceiling isn’t raised (I.E. more suckers don’t lend more money) they won’t pay the investors back… even though the interest is only 600 million and they take in 5 trillion a year in taxes and can easily pay. In other words ..bond holders are the last priority in the budget.

3) to add insult to injury the 4 percent yield is TAXED!!


What a horrible Ponzi scheme investment to a entity that literally tells you you’re an idiot.

Probably because they aren't morons like you.

[Anonymous]

Everything in the federal budget is there because some group had enough power and influence to make it so. When you cut these programs or funding these powerful group go after the the representatives who cut the programs.

[Anonymous]

Anonymous wrote:A faster and better solution for closing the deficit gap would be to repeal tax cuts for the rich given by Trump and others, end many corporate subsidies that are outdated and no longer make strategic sense, and expand the number of businesses that need to pay the minimum 15% corporate tax. That would provide trillions. It would be much harder to try and find trillions to cut from the federal budget.

Spending isn't the problem, the irresponsible GOP tax cuts are.