It would be easy to minimize the impact of, say $2B to Stacey Abrams, if we had the money. It's funny I was just recently showing my 15 year old what $150 a month (from her job) would look like invested in a Roth, how much her contributions would grow over 5, 10, 20, 30 and 50 years. The inverse is true when we look at the total cost of borrowing just $2B over whatever term it will take to pay it off.
An aggressive budget cut would be the $4.4T we spent in 2019 vs the $6.9T in 2024. But FFS, that was only 6 years ago!
As it stands we are barreling towards a debt spiral and accelerating.
Go Elon, go DOGE in my view.
Yes...
Replies to: "Yes..."
- USAID...The road to Hell paved with good intentions...What Elon found.. [LINK]
- lmcdonald - 8:42am 2/24/25
(14) [View All]
- None of this is about the debt. The debt is going to rise. - Chris94 - 10:26am 2/24/25
- Two things need to happen: 1. Reduce Spending 2. Fix tax code - iairishcheeks - 11:26am 2/24/25
- Agreed. It is hard for me to get upset about any spending cut, no matter how it happens. - NedoftheHill - 1:25pm 2/24/25
- Yes... - iairishcheeks - 2:16pm 2/24/25
- Agreed. It is hard for me to get upset about any spending cut, no matter how it happens. - NedoftheHill - 1:25pm 2/24/25
- Both Jamie Dimon and Jerome Powell have stated that our deficit policies are Unsustainable - lmcdonald - 10:33am 2/24/25
- And they are right. But this DOGE bullshit is not about saving money. It's about paying for tax cuts - Chris94 - 10:53am 2/24/25
- I don’t think violating approved patterns of speaking or writing on a message board makes you - Frankx - 3:28pm 2/24/25
So you're against Tax Cuts as well as Government Efficiency and that is somehow good for the Country [NT]
- lmcdonald - 11:10am 2/24/25
- I also am against Unnecessary Capitalization by Illiterate Imbeciles [NT]
- Chris94 - 11:19am 2/24/25
- And they are right. But this DOGE bullshit is not about saving money. It's about paying for tax cuts - Chris94 - 10:53am 2/24/25
- Two things need to happen: 1. Reduce Spending 2. Fix tax code - iairishcheeks - 11:26am 2/24/25
- Fraud and abuse is just the price you pay to do some good. Everyone knows that! - LanceManion - 9:38am 2/24/25
- Under republican leadership the debt and spending explodes. When d’s are in, our economy begins to - jimbasil - 10:55am 2/24/25
- True. Reducing profligate spending won't reduce the deficit, but it is possible to be against both. [NT] - LanceManion - 11:53am 2/24/25
- I'd just like to know how politicians making a pittance became multi-millionaires? [NT]
- Curly1918 - 10:39am 2/24/25
- That's on Elon's list. It's fair game. [NT] - LanceManion - 11:53am 2/24/25
- Under republican leadership the debt and spending explodes. When d’s are in, our economy begins to - jimbasil - 10:55am 2/24/25
- None of this is about the debt. The debt is going to rise. - Chris94 - 10:26am 2/24/25