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To: BeauBo
Putin did this. He is a monster who must be defeated, whatever the cost.

Insane. Ukraine is not the hill to die on. The global economy is in recession headed towards a possible depression. European economies are headed into the toilet along with ours.

Putin isn't the existential threat to the US and our allies. China is. We are spending billions of dollars of borrowed money in endless wars. The US is the world's biggest debtor nation by far. The only reason that we can print money to cover deficit spending is because the USD is the world's reserve currency. That will be the biggest casualty of the war in Ukraine.

Great empires fall from within. When asked what the greatest threat was to American security, Admiral Mike Mullen, Chairman of the Joint Chiefs of Staff, said. "Our national debt is our biggest national security threat."

In late May, the Congressional Budget Office (CBO) projected that annual net interest costs would total $399 billion in 2022 and nearly triple over the upcoming decade, soaring from $442 billion to $1.2 trillion and summing to $8.1 trillion over that period. However, if inflation is higher than CBO’s projections and if the Fed raises interest rates by larger amounts than the agency projected, such costs may rise even faster than anticipated.

The growth in interest costs presents a significant challenge in the long-term as well. According to CBO’s projections, interest payments would total around $66 trillion over the next 30 years and would take up nearly 40 percent of all federal revenues by 2052. Interest costs would also become the largest “program” over the next few decades — surpassing defense spending in 2029, Medicare in 2046, and Social Security in 2049.

Ballooning interest costs threaten to crowd out important public investments that can fuel economic growth in the future. CBO estimates that by 2052, interest costs are projected to be nearly three times what the federal government has historically spent on R&D, nondefense infrastructure, and education, combined.

39 posted on 09/23/2022 8:44:58 AM PDT by kabar
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To: kabar

I guess by your logic, it would have been more economical to allow Hitler to conquer Russia, or to let Saddam conquer all of the oil reserves of the Middle East.

No. Putin must be defeated, for the future of human freedom.


40 posted on 09/23/2022 9:02:36 AM PDT by BeauBo
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