Posted on 03/11/2025 7:24:08 AM PDT by MtnClimber
It is not sustainable and much reduction in spending will have to be done or our financial system will collapse. The sooner we start cutting the less painful it will be.
Exactly.
I look at the federal debt clock everyday and not one second has it gone down. It’d be helpful if they took these saving DOGE is doing and put it on the debt. Even a little change downward would excite people. What are they doing with these hundreds of billions in savings?
It’s sustainable.
Just print lots more money, dilute the face value of the creditors of our debt. Easy.
The only hard part is hyper-inflation, but hay, it’s just the lower and middle classes who will be hurt the most. ¯\_(ツ)_/¯
The other thing that is missing from every story about DOGE slashing spending is the fact that the Republicans want to spend MORE money next year than we did last year.
It’s all kabuki theater.
There is a nice chart in there that shows what the stolen presidency added to the debt. It may not be possible to even cut this away, which may have been the point.
Big Balls is the missing item. There needs to be a mention of him.
DOGE isn’t actually saving much, if anything. It’s identifying programs from which future funds may be withheld. We are so far in debt I’m certain that the problem won’t be solved in my lifetime.
I get so frustrated with the media when they say trump added more to the debt then every president put together. Such lies.
For decades, the average tax payer has been brutalized, required to turn over the profits of their efforts to line the pockets of the congress critters and their cronies under the aegis of “social welfare”.
I haven’t seen a single heart-wrenching story about this!
To the Liberal/RINO public, to paraphrase the Soviets, a $2000 deficit is a tragedy. A $2 trillion deficit is a statistic.
They are finding more than just savings. The fraud won’t reduce to debt but it will keep it from going forward. Even if we find and prosecute the fraudsters and confiscate what is left it won’t change the debt. What will help is cutting costs and lowering interest rates and growing the economy.
It’s often been mentioned that Social Security is a Ponzi, or pyramid, scheme. It tends to fall apart (or take endless subsidies) as the population ages. That reasoning may apply to Medicare and Medicaid also.
This article points the finger at Medicaid. It might be an easier target, from a political, moral, and logical standpoint. Still, one can expect a big fight.
Primary fact missing is DOGE can only find crap and advise scrapping it to departments and agencies shotcallers
Media acts like he has fiscal power
************
George Washington warned us about the accumulation of debt. And foreign entanglements too, by the way.
Media lying to protect their friends as usual.
“The other thing that is missing from every story about DOGE slashing spending is the fact that the Republicans want to spend MORE money next year than we did last year.”
Not true. They are committed to passing Trump’s budget.
Inflation.
Inflation is both the consequence but also tool used by government to unburden itself of this debt.
Inflation and adding to the money supply, while the GDP expands numerically (even if there is little or no real growth) makes the debt owed by government less.
It’s essentially lying and stealing.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.