Unless one of two things happens: a) we get debt under control (unlikely) or b) we produce most of our necessities domestically.
Status quo has us on a road to ruin.
Link: https://budgetmodel.wharton.upenn.edu/issues/2023/10/6/when-does-federal-debt-reach-unsustainable-levels
We have 18 years until the purchasing power of the American consumer will necessarily be destroyed.
Replies to: "We have 18 years until the purchasing power of the American consumer will necessarily be destroyed."
- We will make computers again. Nvidia plans to build AI supercomputers ENTIRELY in US (AZ & Texas) [LINK]
- Eli - 10:16am 4/15/25
(25) [View All]
- 'The CHIPS Act Has Already Sparked $450 Billion in Private Investments for U.S. Semiconductors'... [LINK]
- TyroneIrish - 2:19pm 4/15/25
- That act is for chip making, not computer making. That act is subsidy law( $52 B taxpayers' $ + 25% - Eli - 5:13pm 4/15/25
- Here you go... [NT] [LINK] - TyroneIrish - 6:07pm 4/15/25
- Predictably, the Biden administration was saddling handouts with DEI requirements... - NedoftheHill - 3:19pm 4/15/25
- Show us one example of where "DEI" negatively impacted a University's Research Program, or harmed - TyroneIrish - 3:48pm 4/15/25
- You made it easy. DEI is inherently harmful because it is racist. [NT]
- NedoftheHill - 5:26pm 4/15/25
- Please answer my question before posing your own...i.e. Show us one example of where "DEI" - TyroneIrish - 6:10pm 4/15/25
- Answered...all of them. But why do you deflect to universities? I was talking about companies. [NT]
- NedoftheHill - 6:18pm 4/15/25
- Because most biomedical research is done there, maybe? Just a guess. [NT] - Frank L - 6:39pm 4/15/25
- Answered...all of them. But why do you deflect to universities? I was talking about companies. [NT]
- NedoftheHill - 6:18pm 4/15/25
- Please answer my question before posing your own...i.e. Show us one example of where "DEI" - TyroneIrish - 6:10pm 4/15/25
- He shuffles. It’s what he does. [NT]
- Frank L - 3:53pm 4/15/25
- He’s a Poster Child for MAGA Ineptness…a waste of a good education. [NT] - TyroneIrish - 4:44pm 4/15/25
- You made it easy. DEI is inherently harmful because it is racist. [NT]
- NedoftheHill - 5:26pm 4/15/25
- Show us one example of where "DEI" negatively impacted a University's Research Program, or harmed - TyroneIrish - 3:48pm 4/15/25
- That act is for chip making, not computer making. That act is subsidy law( $52 B taxpayers' $ + 25% - Eli - 5:13pm 4/15/25
- . [NT] - TyroneIrish - 2:12pm 4/15/25
- Nota Bene. Most of all this new investment will be in Right to Work states. - Curly1918 - 10:38am 4/15/25
- Can't be true, Chris told us there will be no new jobs. [NT]
- iairishcheeks - 10:24am 4/15/25
- Chris told you there will be overall job loss - Chris94 - 10:31am 4/15/25
- Must buy cheap shit from autocratic dictatorship. - iairishcheeks - 10:46am 4/15/25
- Must increase the purchasing power of the American consumer - Chris94 - 1:29pm 4/15/25
- We have 18 years until the purchasing power of the American consumer will necessarily be destroyed. [LINK]
- iairishcheeks - 2:09pm 4/15/25
- From your linked article... - TyroneIrish - 3:41pm 4/15/25
- Revenue has grown an avg of 7% while spending has grown an avg of 12% per yr the last 25 years. - iairishcheeks - 4:06pm 4/15/25
- Sounds like revenue did not keep up with spending. Raise revenue; cut spending. - Chris94 - 4:21pm 4/15/25
- Ha! [NT] - iairishcheeks - 4:31pm 4/15/25
- Sounds like revenue did not keep up with spending. Raise revenue; cut spending. - Chris94 - 4:21pm 4/15/25
- Revenue has grown an avg of 7% while spending has grown an avg of 12% per yr the last 25 years. - iairishcheeks - 4:06pm 4/15/25
- Awesome. You really understand economics. And you stay on topic so well. - Chris94 - 2:52pm 4/15/25
- You brought up purchasing power, I responded, that's how normal people communicate. [NT]
- iairishcheeks - 3:36pm 4/15/25
- You and normal is not analogous [NT] - Domer From Hell - 6:53pm 4/15/25
- You brought up purchasing power, I responded, that's how normal people communicate. [NT]
- iairishcheeks - 3:36pm 4/15/25
- From your linked article... - TyroneIrish - 3:41pm 4/15/25
- We have 18 years until the purchasing power of the American consumer will necessarily be destroyed. [LINK]
- iairishcheeks - 2:09pm 4/15/25
- Must increase the purchasing power of the American consumer - Chris94 - 1:29pm 4/15/25
- Must buy cheap shit from autocratic dictatorship. - iairishcheeks - 10:46am 4/15/25
- Chris told you there will be overall job loss - Chris94 - 10:31am 4/15/25
- 'The CHIPS Act Has Already Sparked $450 Billion in Private Investments for U.S. Semiconductors'... [LINK]
- TyroneIrish - 2:19pm 4/15/25