Yes, but all of a sudden now the debt is an issue. That tells me bigly that it's not that big of an issue. If it were, both cults would have addressed it long ago. There are many many places to make cuts in addition to fraud and waste. Things that help commerce are an example.
Why DOGE, etc. budget cuts are necessary...
- Thread starter healthmyths
- Start date
Dragonlady
Designing Woman
DOGE found NOTHING of the kind. DOGE lied about finding that level of savings, but when fact checked, the figure was adjusted downward to $150 billion, and their firings, at that point, had cost $135 billion.
DOGE says it has saved $160 billion. Those cuts have cost taxpayers $135 billion, one analysis says.
The push by Elon Musk's Department of Government Efficiency to slash federal funding will cost taxpayers money, nonpartisan group finds. Here's why.
www.cbsnews.com
Latest figure show that the Trump Administration is spending FAR MORE MONEY than the Biden Administration, in spite of all of these "savings".
Case closed.
Are you referring g to ceos ?
Dragonlady
Designing Woman
Who's going to do that since Trump fired all of the Inspector Generals for the agencies he dismantled?
Moonglow
Diamond Member
All past tense, Methuselah. The USSR ceast to exist in 1991.YOU are NOT an expert! So please to be believable provide proof. Otherwise your comments are FOS!
NoW here is MY proof as I'm not an expert..
The Soviet Union, officially the Union of Soviet Socialist Republics (USSR),was a communist country. It was governed by the Communist Party of the Soviet Union (CPSU) and was established as a one-party state. The CPSU's ideology was Marxism-Leninism, which emphasized a centrally planned economy and a vanguardist one-party state.
The Communist Party of the Soviet Union (CPSU), at some points known as the Russian Communist Party (RCP), All-Union Communist Party and Bolshevik Party, and sometimes referred to as the Soviet Communist Party (SCP), was the founding and ruling political party of the Soviet Union.
Communist Party of the Soviet Union - Wikipedia
en.wikipedia.org
Moonglow
Diamond Member
You can expect it to hit 40T with Trump.
kyzr
Diamond Member
I hope not.
If it does hit $40T the US dollar is at risk. Trump does not want to be in the WH when the US dollar collapses.
If senators being interviewed and Mikey Johnson are correct they have a lot of budget dials to adjust to get the Budget to pass. It looks like the multi-billion Biden Green New Deal is on the chopping block. SALT will be capped at $30,000, etc.
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Dragonlady
Designing Woman
Only because you keep cutting taxes for billionaires. Your tax cuts for billionaires have cost you more than $6 trillion, not to mention the lost revenues which would have been generated from investment in the American people, as opposed to stripping wealth from the working and middle class.
Democrats have created more jobs, more investment, and lower deficits by taxing BEFORE they spend, instead of cutting taxes and then spending like drunken sailors.
LeftofLeft
Diamond Member
- Oct 18, 2011
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It sounds like a more methodical approach that takes time including studies, analysis, and phases. I’d be all in for that if not for the reality that that approach just opens the door for more waste, fraud, and abuse. The caveman approach gave Americans awareness to the waste, fraud, and abuse that occurs and to exercise a more critical eye when it comes to oversight of the elected politicians.
Politicians serve US and are accountable to US as to how they spend the taxpayer dollar. Why is that concept so offensive to Democrats?
Mac1958
Diamond Member
Dragonlady
Designing Woman
The US dollar is ALREADY at risk. Your former trading partners and allies are looking at replacing the US dollar as the world's foundational currency, because your economic moron of a President is too unstable.
They've also been buying up Treasury Bonds and were responsible for the drop in your Bond Market that sent the stock market into full panic mode.
Trump is an economic moron who only knows how to bankrupt those who entrust him with their money.
LeftofLeft
Diamond Member
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A traditional long, phased approach to solving waste, fraud, and abuse only invites more waste, fraud, and abuse. A caveman / bull in a china shop is necessary.
healthmyths
Diamond Member
- Sep 19, 2011
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- #73
Now for reality!
What is the total net worth of all stocks, land, buildings, savings account less all debts
GUESS folks!
Add in the value of federal land holdings and, for Q1 2017, this comes to about $285 trillion. Then subtract the liabilities of about $65 trillion and you get a naive total net worth in the neighborhood of $220 trillion. You could call this the appraised value of America.
How much would it cost to buy the whole United States of America?
Answer (1 of 14): QUESTION “How much would it cost to buy the whole United States of America?” ANSWER Of course, this is a very foolish question. The US is not “owned” by a sovereign, ministry, agency, or the government itself in the sense that a kingdom is owned by a king. We’re told that a ...
So total push comes to shove... The USA COULD tax all assets, land, stock, cash, etc. just 20% and that would pay off the total National DEBT!
Dragonlady
Designing Woman
Except Donald Trump hasn't been in any way accountable for what he's done with DOGE. The Administration has yet to file a single charge of fraud or abuse, or even demonstrate where and by whom the American people are being defrauded.
As is typical of Republicans, they make wild sweeping claims of corruption and malfeasance on the part of Democrats, and never produce a shred of evidence to support those claims.
The problem being when the bull leaves the china shop there’s nothing left to sell. Broken merchandise is worthless.
kyzr
Diamond Member
When the bond rating agencies say US bonds are downgraded, no one will buy them. Then the dollar crashes.
LeftofLeft
Diamond Member
- Oct 18, 2011
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-$42 Million Johns Hopkins Research and Drive Social Change in Uganda.
-$20M for Fiscal Federalism in Nepal
-$18M for Biodiversity Conservation in Nepal
-$1.5M for Voter Confidence in Liberia
-$14M for Social Cohesion in Mali
-$2.5M for Inclusive Democracies in South Africa
-$47M for Improving Learning outcomes in Asia
-$14M for Improving Public Procurement in Serbia
-$422M for improving Political Process in Moldova
-$21M for Voter Turnout in India
-$2.3M for Strengthening Independent Voices in Cambodia
-$32M for the Prague Civil Centre
-$10M for Voluntary Circomscisions in Mozambique
-$40M to Improve the Inclusion of Sedentary Migrants
$520M for Environmental Consultation
healthmyths
Diamond Member
- Sep 19, 2011
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- Thread starter
- #77
What is really interesting is this chart
List of countries by credit rating - Wikipedia
kyzr
Diamond Member
I hope Rubio stops all aid to shit-hole countries.
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