You could cut the entire defense budget and still have a $1 trillion dollar deficit. But good idea. Very helpful.
Great person? More like a person trapped in a prisoner's dilemma. Nobody who just finished saying let's see what happens when we drive it off a cliff is a great person. That's more vindictive than it is compassionate. But the future is uncertain until it happens, and then it looks inevitable. I see your math. It makes sense from a budgetary point of view. But, I don't think this is a budgeting exercise, it is a risk management exercise. The implicit message of this budget priority is that the poor should shoulder more risk so that the rich face less risk. Default is a big risk for the rich person and a smaller risk for the poor person who has little left to lose. Cutting the safety net is a way to mitigate risks faced by the rich by pushing them onto the poor. And yes, default will have bad effects on the poor too, but not as much because they already face insecurity in finances, health, food, and physical safety. I won't try to persuade you, but I think a better approach to the budgetary crisis is to completely restructure the healthcare industry -- a big endeavor, but not any bigger than what's being proposed now. Medicare and Medicaid are budget-breaking because our healthcare is by far the most expensive in the world. Fix that industry and then the budget becomes fixable. (I would add that Medicare and Medicaid are part of the reason the healthcare system is broken, so those would have to radically change in a restructuring, but the change needs to be better built than a simple cutting of services. A solution that includes people not getting healthcare isn't a solution at all.)
Well - then you are stupid Vanessa. Trump said he was deporting tens of millions of people - that isn't consistent with deporting only violent criminals. Trump is doing what he told you he would do. Deal with it.
LOL Right - and Trump's Budget Bill INCREASES spending and INCREASES the deficit..... that isn't the Democrats - that is ALL MAGA. The Republicans are not the party of austerity and balanced budgets - it is the party of tax cuts for the wealthiest Americans.
Cool strawman. I didn’t praise or say anything positive about Trumps proposed bill or Republican conduct vis-a-vis the debt.
Riiight - then address your statements towards the MAGA King and his supporters and not the leftists. There is something coming - and it is going to be a version of class warfare, but the party that wants to cut taxes for the wealthiest Americans, wants to increase spending for things other than entitlements for the working and poor Americans is NOT going to be the party of the people.
The WhAtAbouTiSm is pathetic. That's what you resort to because you don't have a leg to stand on concerning Democrats and their actions concerning the debt and deficit. I am happy to express displeasure in both parties refusal to practice fiscal discipline. Joe Biden was just President for four years and had $1.3+ trillion dollar deficits every year. Why shouldn't I criticize leftists for there approach concerning the debt and deficit? Because you're a Democrat and prefer them? You think running $2.7, $1.3, $1.70 and $1.83 trillion deficits is responsible or sustainable? That's what Biden just did. That doesn't deserve criticism? I am not allowed to criticize that without mentioning Trump? Why because you say so? Further, leftists keep calling on programs to EXPAND government even more and keep b****ing about and resisting every single cut. We have a $37+ trillion dollar debt. Rising interest rates and debt service alone of over $1 trillion a year now. A deficit of $1.8 trillion from 2024. None of this is sustainable and this will COLLAPSE. There is absolutely no way to tax your way out of it. Absolutely delusional to think otherwise.
I didn't say the top 1% did I. 97% off all income tax collected is paid by the top 50% of earners. Putting the bottom 50% in with the top 2-51% to pretend like they are contributing is intellectually dishonest (not a new phenomenon for you). Yes, the higher earners are paying all the taxes, and the lower earners are collecting the benefits. These are not controversial statements, it is the system as designed.
Throw in more caps, bolds, some underlined text, and a bit of woke and you might be on to something...but you're a joke on a good day.
Because you view it in a black and white way, LOL WE MUST CUT THAT IS THE ONLY WAY. WE MUST PROTECT THE RICH LOL. But sure keep kissing that Republican ass LMAO AS THEY RAISE DEBT HIRE THAN THE DEMS LOL.
First - I am not a Democrat, I have voted for a number of Republicans. Second, the Democrats do not have control of the house, the senate, the SCOTUS or the Executive.... so take up your concerns with the MAGA King and his followers, who have managed to not only increase the deficit, but also cut some very basic safeguard entitlements. Third, the biggest issue in the USA is wealth inequality - and all of the issues that flow from that. Cutting programs to address wealth inequality, increasing tax cuts for the wealthiest Americans AND increasing the budget is just about the absolute dumbest thing that can be done. Also - as for interest rates, why are interest rates rising? I am all for addressing the debt issue - I haven't seen a Republican do that in my lifetime. Not one.
You're simply refusing to meaningfully address the economic reality of the situation. You just b**** about the wealthy. You simply cannot tax your way out of this problem. It's not feasible in any way. Though I am happy to read any proposal you have on the matter. You don't explain how to fix the problem or propose any solutions. You claim you're all for addressing the debt issue but propose we don't cut anything. You cannot address the debt issue without profound and deep cuts. Where do you propose we do that? How do you get us back to a balanced budget? Where are the tax increases coming from? How much can they generate and what cuts are you proposing?
We do have to cut. Everyone knows we have to cut and cut deeply. Explain to me where you generate $1.8 trillion of new tax revenue to balance the budget. You know all billionaire wealth in this country only amounts to $6-7 trillion right?
Other than Bill Clinton, no president has done that in our lifetime. Not Republicans, not Democrats. I don't think there's any intent by either party to actually address the issue - it's all lip service and whining by whichever party is out of power. I think they will just kick the can down the road for the forseeable future.
They need to get taxed out the ass first and foremost. Cuts will come after that. BUT THEY DO NEED TO GET THEIR WEALTH SIGNIFICANTLY TAXED. Stop crying about Dems, they arent in power. Your incompetent cuckservatives are in power and are not helping people in the short or the long term.
How do you propose to implement a wealth tax? You know many countries have tried this and failed miserably right? What does that even do? Even if, somehow, we're the first country to really pull off a wealth tax perfectly. Lets take a 5% wealth tax on billionaires. What's 5% of $7 trillion [high end estimate of billionaire wealth]. $350 billion. What does a one time payment of $350 billion do for a $1.8 trillion annual deficit and $37 trillion dollar debt?
Until they cannot and it all collapses. It's not sustainable. Warren Buffett will tell you the exact same thing if you don't want to believe me.
