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US debt
Nov 4, 2024 9:25:45 GMT -6
via mobile
Post by moody on Nov 4, 2024 9:25:45 GMT -6
Elon estimated that he could see $2 trillion cut from our spending. That would be be about right and a good start to fixing this mess. He’s wrong. Unless you want to start cutting military and entitlements. Will never happen. Cut the military in half. That’s $500 billion right there. Slash foreign aid by a similar percentage, that’s another few hundred billion. Get rid of thousands of useless government jobs. It would have to help and we have to try. |
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Post by luvmywammies on Nov 4, 2024 9:34:48 GMT -6
He’s wrong. Unless you want to start cutting military and entitlements. Will never happen. Cut the military in half. That’s $500 billion right there. Slash foreign aid by a similar percentage, that’s another few hundred billion. Get rid of thousands of useless government jobs. It would have to help and we have to try. Just wait until this recession / depression sets in and tax receipts plummet. You’ll see 3+ trillion deficits quickly. Also, we’ll never cut military because of the current state of the world. More likely it increases |
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US debt
Nov 4, 2024 10:01:48 GMT -6
via mobile
Post by moody on Nov 4, 2024 10:01:48 GMT -6
Cut the military in half. That’s $500 billion right there. Slash foreign aid by a similar percentage, that’s another few hundred billion. Get rid of thousands of useless government jobs. It would have to help and we have to try. Just wait until this recession / depression sets in and tax receipts plummet. You’ll see 3+ trillion deficits quickly. Also, we’ll never cut military because of the current state of the world. More likely it increases We have mostly caused the “current state is the world” with our endless military conflicts. |
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US debt
Nov 4, 2024 12:23:55 GMT -6
Post by luvmywammies on Nov 4, 2024 12:23:55 GMT -6
Just wait until this recession / depression sets in and tax receipts plummet. You’ll see 3+ trillion deficits quickly. Also, we’ll never cut military because of the current state of the world. More likely it increases We have mostly caused the “current state is the world” with our endless military conflicts. and nothing will change. It’s just reality. |
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US debt
Nov 4, 2024 12:46:01 GMT -6
via mobile
Post by moody on Nov 4, 2024 12:46:01 GMT -6
We have mostly caused the “current state is the world” with our endless military conflicts. and nothing will change. It’s just reality. We have to try. |
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US debt
Nov 4, 2024 18:40:34 GMT -6
Post by luvmywammies on Nov 4, 2024 18:40:34 GMT -6
and nothing will change. It’s just reality. We have to try. they’ll let it crash and bring in their the great reset and CBDC’s |
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US debt
Nov 5, 2024 12:48:58 GMT -6
Post by luvmywammies on Nov 5, 2024 12:48:58 GMT -6
Once the 36T debt gets completely rolled over into the higher rates, the debt payment will exceed 1.5T. That’s almost 1/3 of all the US tax receipts. Now add in social security, Medicaid, Medicare, the military and all this mandatory spending puts the US in a 2T deficit before the lights are even turned on.
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US debt
Nov 5, 2024 15:49:45 GMT -6
Post by oedipustex on Nov 5, 2024 15:49:45 GMT -6
and nothing will change. It’s just reality. We have to try. I don't see enough political will to try. They're going to wait for a crisis to occur. At that time just hope and pray the socialists aren't in charge. |
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US debt
Nov 6, 2024 13:10:08 GMT -6
Post by luvmywammies on Nov 6, 2024 13:10:08 GMT -6
Obama held the debt record. Trump added 8T in his 4 years. Biden will have added nearly 10T in his 4 years. One thing I will guarantee….Trump will add more than 10T in his 4 years.
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US debt
Nov 9, 2024 12:39:42 GMT -6
Post by luvmywammies on Nov 9, 2024 12:39:42 GMT -6
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US debt
Nov 9, 2024 14:10:27 GMT -6
Post by oedipustex on Nov 9, 2024 14:10:27 GMT -6
So, what caused this huge spike? |
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US debt
Nov 11, 2024 12:07:51 GMT -6
Post by luvmywammies on Nov 11, 2024 12:07:51 GMT -6
So, what caused this huge spike? Who knows, but we’ll see if it continues the next couple months. |
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US debt
Nov 11, 2024 12:11:11 GMT -6
via mobile
Post by Aesa on Nov 11, 2024 12:11:11 GMT -6
So, what caused this huge spike? Who knows, but we’ll see if it continues the next couple months. Elon will find it. |
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US debt
Nov 11, 2024 12:51:10 GMT -6
Post by oedipustex on Nov 11, 2024 12:51:10 GMT -6
Who knows, but we’ll see if it continues the next couple months. Elon will find it. Best I can tell, they are attributing the spike to a "calendar effect." This tells me there was some creative accounting to push out some bad news until after most people have voted. According to the federal balance sheets the government ran a surplus in September. Does anyone believe that? |
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US debt
Nov 13, 2024 17:42:38 GMT -6
Post by luvmywammies on Nov 13, 2024 17:42:38 GMT -6
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