Musk "If we don't fix the deficit, America goes bankrupt. It's that simple."

[Mac-7]

Musk "If we don't fix the deficit, America goes bankrupt. It's that simple."​

Thats the simplest and most important truth on the internet

 

[initforme]

Just don't make cuts to social security or Medicare. Not all that hard to accomplish. Those 2 have been promised to not be cut. Only a minute percentage of people would approve of them being cut.

 

[pknopp]

The problem is, democrats don't think we can go bankrupt. They firmly believe that we never have to pay down the debt as long as we just pay the interest on the debt. Even when 26% inflation slaps them in the face, they still don't believe it.

There is no indication that Republicans are going to pay down the debt.

 

[kyzr]

There is no indication that Republicans are going to pay down the debt.

We won't know anything until we see the final budget that comes out of the House and Senate conference.

 

[Orangecat]

They claim they’re so concerned about the deficit but they’re simultaneously cutting taxes by like $4 trillion.

So they don’t exactly walk the walk.

The deficit is caused by overspending, not under-taxing. Stop being such a bootlicker.

 

[Marener]

The deficit is caused by overspending, not under-taxing. Stop being such a bootlicker.

There’s no difference.

 

[Orangecat]

There’s no difference.

Not to a simpleton. Some of us are more nuanced than others, obviously.

 

[Marener]

Not to a simpleton. Some of us are more nuanced than others, obviously.

Okay dude. Sure.

 

[Marener]

Musk "If we don't fix the deficit, America goes bankrupt. It's that simple."​

Thats the simplest and most important truth on the internet

It’s not that simple and it’s probably not that true.

 

[Orangecat]

Okay dude. Sure.

A simpleton's response^^^^

 

[Marener]

A simpleton's response^^^^

No. I give up trying to explain things to someone who won’t listen.

 

[Foxfyre]

You believe that tax cuts pay for themselves. It’s a fantasy. It doesn’t work that way.

When Trump engineered the biggest tax cut ever in his first term it generated economic prosperity so that treasury revenues swelled enormously. No reason to believe that won't be the effect this time too.

Musk, Trump, other MAGAs understand that it is not the government's money. It is our money entrusted to the government to spend carefully, wisely, efficiently, effectively and with integrity to benefit American and all Americans. But to assume the government will spend the money more wisely and effectively than we will spend it ourselves is just nuts.

The government should be funded only as much as it absolutely needs to carry out its constitutional functions. The rest should remain with those who earn it to save it, spend it, give it away or otherwise do with it as they choose. That describes a people living under liberty.

 

[Orangecat]

No. I give up trying to explain things to someone who won’t listen.

Giving it up is your career, so I'm not surprised.

 

[Marener]

When Trump engineered the biggest tax cut ever in his first term it generated economic prosperity so that treasury revenues swelled enormously. No reason to believe that won't be the effect this time too.

Musk, Trump, other MAGAs understand that it is not the government's money. It is our money entrusted to the government to spend carefully, wisely, efficiently, effectively and with integrity to benefit American and all Americans. But to assume the government will spend the money more wisely and effectively than we will spend it ourselves is just nuts.

The government should be funded only as much as it absolutely needs to carry out its constitutional functions. The rest should remain with those who earn it to save it, spend it, give it away or otherwise do with it as they choose. That describes a people living under liberty.

Do you have a credible source that shows the tax cut resulted in increased revenues above what would have been seen without the tax cuts?

 

[Mac-7]

It’s not that simple and it’s probably not that true.

You are not dealing with reality

America cannot borrow and spend forever

 

[Foxfyre]

Do you have a credible source that shows the tax cut resulted in increased revenues above what would have been seen without the tax cuts?

Just google U.S. treasury revenues 2000 to present

 

[Marener]

Just google U.S. treasury revenues 2000 to present

So that’s a no.

Gotcha.

 

[Foxfyre]

So that’s a no.

Gotcha.

I am not going to take the time and trouble to list all those numbers that you will call fake news anyway. If you are too damn lazy to make the effort to look them up so be it. Do have a pleasant evening.

 

[DukeU]

You believe that tax cuts pay for themselves. It’s a fantasy. It doesn’t work that way.

More jobs equal more taxes.

 

[DukeU]

Public debt belongs to everyone and we are obligated to pay it.

That’s going to require taxes.

Don’t be childish. No one likes paying taxes but we have to pay for government somehow.

You’re engaging in magical thinking. It’s childish.

Most working folks don't mind paying taxes as long as they are getting their money's worth.

But, most are also against paying for Sesame Street programs for Iraq.