General Trump's Running Shit Like a Motherfuckin BOSSS
- Thread starter Papi Chingon
- Start date
People's thoughts regarding trump giving 20% of the money saved from uncovering intentional mismanagement back to the people ?
I'm ok with it.
And I want to use this opportunity to call out the libitarians/Austrian economists for being wrong on this the same way they're wrong about tariffs.
All they did was cry about government money printing during covid and how it led to inflation as if they were geniuses.
Covid was a very unique situation.
This helicopter money won't make any difference to inflation. It will be either to small to measure accurately or even continue to decline. DESPITE interest rates continuing to drop.
I don't think anyone is going to make that same prediction.
I am ,and I will stand by it. I'd even be willing to bet on it.
I could explain my thinking futher but this post is long enough for now.
I'm ok with it.
And I want to use this opportunity to call out the libitarians/Austrian economists for being wrong on this the same way they're wrong about tariffs.
All they did was cry about government money printing during covid and how it led to inflation as if they were geniuses.
Covid was a very unique situation.
This helicopter money won't make any difference to inflation. It will be either to small to measure accurately or even continue to decline. DESPITE interest rates continuing to drop.
I don't think anyone is going to make that same prediction.
I am ,and I will stand by it. I'd even be willing to bet on it.
I could explain my thinking futher but this post is long enough for now.
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Of course I wouldn't return the check, but I'd much rather that funds like social security are bolstered up to solvency, in perpetuity, first.
By removing the dead and illegal from the rolls obviously we should be saving billions, but I'm not sure even that will bring that fund to where the promised future we paid into our entire lives can be met.
I've never had a problem paying in, and I expect that social contract to be met when I turn in my papers in a few years.
Same with Medicare. If we remove the theft and corruption, have a real accounting of the money, I would expect that system to function without so much strain.
Get that shit sorted and then send me a check if there's anything left.
I think thats fair and better for society moving forward.
Really not a fan to be honest, I'd rather that money go to lowering our debt, only away I would be somewhat okay is if it only went to taxpayers not people that are getting federal/state welfare benefits and sit home being a drain on our tax base.
Yeah, that's the part that really bothers me is that we are pretty much just paying money to the government so that they can use the money to try and scramble daily to pay interest on a debt so that they can print/borrow more money to then pay for the actual government budget. We are circling a drain with no future if this doesn't change.
Exactly
Totally understandable position.
However I'm way past the point of fiscal responsibility with the debt at this stage.
I'd like to see something radical where the people who voted in congress to spend money are on the hook for the debt . Not the American citizens.
And government can no longer operate on a deficit. Ie repeal the brenton woods agreement and the federal reserve act.
I know that seems crazy.
However. To your point specifically in regards to social security and Medicare just quickly. I don't think another cent should be spent on it until both of those systems are completely overhauled .
1) the money that goes into those programs stay in them. Not go to the government who then pays it later through printing the money.
2) not a cent should go to big pharma for research on drugs. They should not be allowed to lobby or advertise. Nor should the university's get a cent or any tax breaks. The funding they get should go to developing medications ect and when they do develop something the IP should go back to the federal government in the form of repayments for the funding. They shouldn't be allowed to take outside money from pharma. Or any entity for that matter. That's how they get corrupted.
They could of course. But then they would not be eligible for tax breaks or federal funding.
Those are just a couple of quick ideas on the sort of thing that needs to happen. Not even necessarily that.
I agree with that. However in theory that's how taxes are supposed to work isn't it. The rich pay for things the poor can't afford to.
Fuck that. Get rid of all taxes.
The government should support itself. Through insurance, the lottery, banking and tariffs
That kind of thing.
If they can't manage to make a profit then they need to go out of business.
Well, I think we should just default on our Chinese debt and repatriate all the land and businesses they own here. They have stated that they intend to destroy us without firing a shot. This crushing debt is part of how they do it, plus playing extremely dirty in everything they do. They do this all over the planet.
So fuck em with their own game.
Agree
Every word of that is true.
Here's a thought to think about that's not talked about. Especially by the Austrians.
If you got some fuck wit Steve keen type MMT guy and an Austrian and asked them , if you could immediately snap your fingers and go back on a gold standerd would you do it? Here's the answers you'd get.
Steve- no there's to much debt .
The Austrian- fuck yes.
Then you say. Well what if there was no debt .
Steve- well no , government spending helps drive the economy.
Austrian- fuck yeah even better.
However both of them would soon realise what the Greeks and Christians and Muslims have understood for millennia. That usery requires inflation and money printing.
If you want a perfect currency, a stable currency you can't have usery. Usery requires inflation.
That subject is a bit of a rabbit hole. Just something to think about.
Definitely agree with that. That's the kind of thinking people need.
Foreign countries shouldn't be able to own land. Wtf is that shit.
It's more neolib, Milton Friedman bullshit is what it is.
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A few years ago when doing taxes on Turbotax they had some statistics and charts on how I measured up with other taxpayers. I'm pretty sure it ended up being something like 40 or 50% of people do not pay any federal income tax when it is all said and done with the numerous credits and various deductions. Some even got more money back in a refund than they paid.
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Glad to hear this. Was concerned that all these EOs were just temporary reprieves from the bullshit we've been dealing with for years.
Glad to hear this. Was concerned that all these EOs were just temporary reprieves from the bullshit we've been dealing with for years.
I'll believe that when I see it.
These guys pass all sorts of stupid spending bills and ridiculous shit. Why would they start doing the right thing now.
However.
They did confirm trumps appointments which is a step in the right direction.
And. If they do infact get their head right and vote this shit through then I'm putting that down to them not getting baught off anymore from this money trumps been cutting .
That might be cynical but it also seems the most likely explanation to me.