To: Rockingham
The spending won’t stop.
The debt cannot be paid, nor traded.
This cannot end well, and people who think that Armstrong is just wrong aren’t thinking past that short-sighted little quip.
It doesn’t matter if Armstrong is right or wrong, because the spending won’t stop, and the debt cannot be paid, nor traded.
It’s a matter of simple mathematics.
32 posted on
01/30/2025 2:37:18 PM PST by
Maelstrom
(To prevent misinterpretation or abuse of the Constitution:The Bill of Rights limits government power)
To: Maelstrom
The debt cannot be paid, nor traded. Why can't debt be paid or traded?
To: Maelstrom
How then did Argentina elect Milei and pull back from the brink? Eventually, unproductive and unnecessary spending stops when it can no longer be sustained. For the US, I hope and expect that will come sooner.
To: All; Maelstrom
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because the spending won’t stop, and the debt cannot be paid, nor traded.
It’s a matter of simple mathematics.
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Yeah, the math is looking vary bad...annual FedGov deficit: $1.83 Trillion...total FedGov "discretionary spending" (including defense) $1.6 Trillion....cut defense/VA, transportation/interstate hwys., etc. to ZERO and you are still $230 Billion in the red. (With no reduction in the national debt that consumes >$1 Trillion in interest per year....more than the DoD budget). A "bridge too far" for DOGE I am afraid.
41 posted on
01/30/2025 7:39:20 PM PST by
Drago
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