USAID...The road to Hell paved with good intentions...What Elon found..
Forgetting about Corruption and/or Mismanagement can we even afford this kind of largesse when we are running $2Trillion defects which will eventually be paid for with much higher taxes or hyper inflation for the poor taxpayers.
Link: https://www.youtube.com/watch?v=tkadKKOOEj8
Replies to: USAID...The road to Hell paved with good intentions...What Elon found..
None of this is about the debt. The debt is going to rise.
All of this is going to pay for a gigantic tax break for those making over $400K.
You'll see.
Two things need to happen: 1. Reduce Spending 2. Fix tax code
Dems want to obstruct #1, Reps want to obstruct #2. I'll take progress on either.
Agreed. It is hard for me to get upset about any spending cut, no matter how it happens.
People need to remember: We don't have the money. We have to borrow it or print it.
It's not actually our tax dollars. We are stealing from future generations for all this spending today.
I'm willing to cut non-waste. Everyone else thinks their pet program is so important that we have force our kids to pay for it. OK. Fine. Let's assume every dollar spent is very important. Now, having made that assumption, we still don't have the money, so let's cut everything...cut every important program across the board.
Are there better ways to cut than how Doge is doing it? Maybe. But we will never know, because no one will ever try anything else. My grandkids will take what they can get.
Yes...
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.
Both Jamie Dimon and Jerome Powell have stated that our deficit policies are Unsustainable
.......as does 6th grade Math. Interest on our debt now exceeds our Defense Budget and will eventually exceed Tax Revenues if nothing is done to stop our profligacy
And they are right. But this DOGE bullshit is not about saving money. It's about paying for tax cuts
I know, I know. Reading is hard.
I don’t think violating approved patterns of speaking or writing on a message board makes you
Illiterate.
What Do You Think?
U arrogant Fuck
Arrogance comes from being intimidated or scared.
Basic civil Science, I am sure you Know that Too
So you're against Tax Cuts as well as Government Efficiency and that is somehow good for the Country
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I also am against Unnecessary Capitalization by Illiterate Imbeciles
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Fraud and abuse is just the price you pay to do some good. Everyone knows that!
Or at least some brainwashed people this board would have you believe.
Under republican leadership the debt and spending explodes. When d’s are in, our economy begins to
recover - every one knows this yet you guys call yourselves the party of fiscal responsibility.
True. Reducing profligate spending won't reduce the deficit, but it is possible to be against both.
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I'd just like to know how politicians making a pittance became multi-millionaires?
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That's on Elon's list. It's fair game.
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