Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:LOL ! This thread asks "How long till the economy collapses ?" --in an attempt to blame the new administration. Wake up folks. The USA has a national debt approaching $40 million and is still engaging in annual budget deficit spending !!!
Time to stop playing politics and get down to the business of acting (spending & budgeting) like a responsible country. The world's problems are not our responsibility to solve.
Pro Tip: If you don't like the price of eggs,then don't buy eggs.
How much did deficit spending go down while the Republicans had total control of everything from 2017 to 2019? How much did they reduce the debt then?
Crickets. You'll never get an answer about this because it turns out it was never about the deficit, just like it isn't about the sanctity of the constitution. I never want to hear one word from a republican ever again about the debt or the rule of law.
+1. I switched from independent to democrat after J6 when I realized there were no republicans left to vote for and there are so few independents who run… 40% of the democratic platform is not really my jam, but the way that the republican party has embraced Trump and his lawlessness is something I can’t get behind and then all this preaching about the sanctity of life and America first only to take billions away from programs that help poor children and the disabled and add trillions to our national debt. It’s all so pathological. Let’s normalize sanity.
Totally agree. I wash Biden had served as the moderate he ran as rather than a feeble old man who largely let his progressive staff run things. The backlash to that is a main reason Trump got reelected.
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.
First, I would follow the law.
Anonymous wrote: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.
Please explain how giving Musk a $400M contract decreases the spending?
Please also explain how giving billionaires a $1 trillion tax cut helps the country or anyone beyond the billionaires?
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.
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.
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.
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.
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.
Anonymous wrote:Anonymous wrote:The following are likely to have snowballing consequences, regardless of how many feds lose jobs:
(1) undermining of US dollar, such that other countries invest elsewhere and look for another default currency. Too much talk from this admin about defaulting on debt, deregulating FDIC, making the Fed Reserve no longer independent, and even switching to US Treasury to crypto.
(2) loss of markets abroad: boycotts will only grow with US threatening to annex Canada and selling out Ukraine.
(3) loss of jobs/spending due to grant cuts to states. Massive loss of jobs in education and research sectors. Those that depend on and benefit from Medicaid (including nurses and nursing homes) also gonna lose big time.
I don’t think everything will keep chugging along smoothly and only feds suffering job loss. The cuts are much deeper/wider than that.
Nailed it.
Anonymous wrote:The following are likely to have snowballing consequences, regardless of how many feds lose jobs:
(1) undermining of US dollar, such that other countries invest elsewhere and look for another default currency. Too much talk from this admin about defaulting on debt, deregulating FDIC, making the Fed Reserve no longer independent, and even switching to US Treasury to crypto.
(2) loss of markets abroad: boycotts will only grow with US threatening to annex Canada and selling out Ukraine.
(3) loss of jobs/spending due to grant cuts to states. Massive loss of jobs in education and research sectors. Those that depend on and benefit from Medicaid (including nurses and nursing homes) also gonna lose big time.
I don’t think everything will keep chugging along smoothly and only feds suffering job loss. The cuts are much deeper/wider than that.