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It'll happen in about 20-30 years and there wont be any coming back from it.When exactly are we going to go bankrupt? Seems like the GOP has been saying this my whole life and I'm still waiting.
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It'll happen in about 20-30 years and there wont be any coming back from it.When exactly are we going to go bankrupt? Seems like the GOP has been saying this my whole life and I'm still waiting.
When exactly are we going to go bankrupt? Seems like the GOP has been saying this my whole life and I'm still waiting.
It'll happen in about 20-30 years and there wont be any coming back from it.
Where is the latest keeper of the checkbook the new Speaker. All talk and not one thing has happened. Still funding all of it like another Boner or Ryan.//
When exactly are we going to go bankrupt? Seems like the GOP has been saying this my whole life and I'm still waiting.
Maybe not even that long. Once Social Security is declared insolvent, it will be a domino effect from there. Maybe 10-15 years.
Maybe not even that long. Once Social Security is declared insolvent, it will be a domino effect from there. Maybe 10-15 years.
Remember that the current crop of people running our country will all be dead by then, so do you really think they care?
They do however love their government benefits and PPP payoffs.I don't know any republican voter that doesn't want the government to reduce spending. I know a lot of republican politicians who LOVE all the spending. But not one voter.
Why, are democrats going to suddenly stop printing money because Chip Roy is president? Until democrat voters decide to make their politicians stop wasting money, we will continue to go bankrupt, quickly. Just having one side try to balance the budget will never be enough.
All that may happen but it won't mean bankruptcy for us. I don't worry about competing with the rest of the world, it will keep us lean and healthy.That's a good question. I think it's not going to be a dollar figure that does it. I think it's going to be BRICS getting enough countries to get off the USD tit. If they come up with a new currency, or go with something like China's, as the worlds reserve currency, it'll kills us monetarily and economically. China is dumping a lot of money in expanding industries in countries other than their own. Countries where labor costs are way better than ours.
It's a slow process. But if they can get enough countries on board, that can produce things they buy from us, at a cheaper cost, the USD being the worlds reserve currency will be over.
Our economy is big and strong so I'd think all our numbers would be big. What is too big is not obvious to me.Interest is nearly more than defense spending at this point? It has been on an exponential increase since ~2007 with the new normal ($1T deficit on Continuing Resolution w/o budget).
$4T of todays' spending is Medicare (much fraud, waste, abuse), SS (paid for by workers) and Defense. Yet Obiden and all of them needs to spend another $2.1T on the credit card rather than cleaning up Medicare? or doing something? Cut Cut Cut...let the States handle it.
I'll repeat.How did Chip Roy vote on the Trump tax cuts and the Trump spending bills?
I'll repeat.
All that may happen but it won't mean bankruptcy for us. I don't worry about competing with the rest of the world, it will keep us lean and healthy.
How did Chip Roy vote on the Trump tax cuts and the Trump spending bills?
Do you want to compare spending in the years when democrats held Congress with Pelosi at the helm?? Furthermore, i see a huge push for less spending on the right. Democrats on the other hand use every chance they get to blame "shutting down the government" if the GOP doesnt agree to their wild money printing budgets.The Repubs had control of the House, Senate and White House for two years, did they cut spending at all or did they grow the deficit from what it was when they took power?
The problem is not that just one side is trying to balance the budget, it is that neither side tries to.
Do you want to compare spending in the years when democrats held Congress with Pelosi at the helm?? Furthermore, i see a huge push for less spending on the right. Democrats on the other hand use every chance they get to blame "shutting down the government" if the GOP doesnt agree to their wild money printing budgets.
Do you want to compare spending in the years when democrats held Congress with Pelosi at the helm??
Furthermore, i see a huge push for less spending on the right.