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The Debt Ceiling wouldn't be an issue if my post #40 was implemented. No more borrowing, period.I'd bring up the debt ceiling but everyone would just break out in laughter.
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The Debt Ceiling wouldn't be an issue if my post #40 was implemented. No more borrowing, period.I'd bring up the debt ceiling but everyone would just break out in laughter.
Wrong.Correct -
There is no path out.
And I work ungodly amounts of overtime unpaid on salary to earn what I earn so don't come crying to me for more of MY money. I'm not your goddamn piggy bank. You want to jump out of airplanes with machine guns that's your choice. I earn every dime of what I'm paid so stop trying to MOOCH off me. Get a real job, pay for your own government shit. I already pay more than my share.2. My grandson jumps out of a jet with a machine gun, so don't whine about your fucking "fair share".
Ok, have it your way. Pay the fucking tax, or go to prison. I'm good with either one. Spoiled coxucker.And I work ungodly amounts of overtime unpaid on salary to earn what I earn so don't come crying to me for more of MY money. I'm not your goddamn piggy bank. You want to jump out of airplanes with machine guns that's your choice. I earn every dime of what I'm paid so stop trying to MOOCH off me. Get a real job, pay for your own government shit. I already pay more than my share.
That right there's the problem. The masses expecting the few to foot the bill for their shit. Get a decent job, pay your share of the taxes and then you can have all the government shit you want.
I pay umpteen times my share for the exact same government services, and I'm the spoiled one? Riiiiight. Pardon me for wanting to keep MY money that I earned and not have to pay everyone else's share.Ok, have it your way. Pay the fucking tax, or go to prison. I'm good with either one. Spoiled coxucker
There are no options here. The US is an empire marching inexorably towards third world status.So which option do you prefer?
default, fuck the bond holders?
keep kicking the can down the road until the dollar is worthless?
I hear you. I paid into SS my entire working life, then congress stole the surplus, and now unless the cap is raised SS will only pay 70% of promised benefits. I'm owed what I paid for. Same with Medicare. I paid for it, and I want it.I pay umpteen times my share for the exact same government services, and I'm the spoiled one? Riiiiight. Pardon me for wanting to keep MY money that I earned and not have to pay everyone else's share.
Speaking of mooching deadbeats this year I got hit with another one...now I'm forced to pay for the long term care insurance for other people, great. #sarcasm Pretty soon I'll be paying for their lawncare and diet soda.
Agreed.There are no options here. The US is an empire marching inexorably towards third world status.
I just spoke with my congressman's office, and they bragged about his new legislation.It may not be exactly what you're alluding to, but the CBO has their say on the fiscal reality of legislation Congress wants to pass.
Remember when it proved Trump's tax cuts disproportionately benefited the working/middle classes; but then the media and the Democrats (I repeat myself) completely ignored it and asserted otherwise?
My guess is any new deliberative body such as this would also be shunned, unless it had any real teeth.
And that could introduce a whole host of other precarities.
Such is the way when dealing with Big Brother....errr....Government.
I just spoke with my congressman's office, and they bragged about his new legislation.
It sounded just like your post.
A lot of descriptions of the problems, but no solutions.
It may not be exactly what you're alluding to, but the CBO has their say on the fiscal reality of legislation Congress wants to pass.
Remember when it proved Trump's tax cuts disproportionately benefited the working/middle classes; but then the media and the Democrats (I repeat myself) completely ignored it and asserted otherwise?
My guess is any new deliberative body such as this would also be shunned, unless it had any real teeth.
And that could introduce a whole host of other precarities.
Such is the way when dealing with Big Brother....errr....Government.
Democrats can't stop spendingFiscal sanity is currently not in vogue and very few pols will get elected or re-elected espousing that idea. Certainly the democrats do not want to cut spending, they just want to raise taxes (revenue) and frankly not many repubs vote for that. Which of course does not work anyway, never has because raising enough revenue to cover the spending is economic suicide. There is no instance in human history where raising taxes alone has ever led to fiscal sanity (balanced budget).
Some people say let's just print more money, but that's a lot of new money which is unmatched by an increase in the production of goods and services and THAT is inflationary. You think your gas and food bill was bad before, wait until it doubles or triples. Suffice it to say that this approach has never working either in all of human history.
The real problem is spending. We are allowing our politicians to spend money that they ain't got, a whole lot of money. We're talking about an approx $1.5 trillion deficit in FY2023, and you just can't print that much extra money or raise more revenue without serious consequences, and I mean humongous consequences. There's just no other way, folks, if we can't control our spending then as a nation we are fucked. Or about to be, pols are real good at putting off the inevitable fiscal catastrophe and not real good at doing anything about it until somebody turns on the fan.
So, what's the solution? I only see one possible way out of this mess and that is the voters requiring fiscally common sense by voting out the big spenders and electing people that will constrain our programs and policies to be financially effective and efficient. And I guess we all know what the chances are of that happening anytime soon. Maybe there has to be another Great Depression like the last one almost a hundred years ago. I hope to God there doesn't have to be another World War, but this country desperately needs an attitude adjustment and a major paradigm shift.
Democrats can't stop spending
Republicans always cut taxes
Either way we're toast.
Stop drinking he GOP KoolAde.Republicans increase revenue by decreasing tax rates.
Worked every time that it's been tried.
(Even JFK who was not a Democrat)
How can you be so ignorant of such a basic fact.