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To: RandFan

There is no way to “bend the curve” without cutting “entitlement” spending drastically. And American voters will never stand for that.

The coming crash is therefore inevitable.

L


3 posted on 11/27/2020 7:42:18 PM PST by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is. )
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To: Lurker

Well at least he is FINALLY OFF the judiciary committee CYA his entire damn ass!! He has been protecting Joe from the get go!!!


5 posted on 11/27/2020 7:44:52 PM PST by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Lurker

“ There is no way to “bend the curve” without cutting “entitlement” spending “

You mean cut Social Security? During the campaign, when Biden and the Democrats were accusing Trump and the GOP of wanting to do that, many Freepers said the Dems were lying. But you’re saying we should prove the Dems right, and cut Social Security?


9 posted on 11/27/2020 7:49:36 PM PST by rintintin (If you watch Tucker, you help fund Chris Wallace. No more Fox - period.)
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To: Lurker
Either cut spending or raise taxes or both. The only way to get it under control.

I don't see either of these options happening.

14 posted on 11/27/2020 7:59:08 PM PST by ealgeone
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To: Lurker

[There is no way to “bend the curve” without cutting “entitlement” spending drastically. And American voters will never stand for that.

The coming crash is therefore inevitable.]


No real need to cut anything. Fudge COLA, leave tax brackets unadjusted and inflation will gradually bring the budget back into balance. It’s what’s politically feasible and something that has been around ever since government came into being. In antiquity, they used to clip the coinage. Now smaller denominations just become curiosities rather than the essential day-to-day medium of exchange they used to be. Here’s a number of appraisals for real estate (delinquent on their property taxes) in Pomeroy, OH from 1860:

https://chroniclingamerica.loc.gov/lccn/sn85038184/1860-12-21/ed-1/seq-1/

Note how that the prices back then ranged from ~$10 to ~$20 an acre. Today’s prices, 160 years later? A minimum of $1,000 an acre, 100x what they were in 1860.

https://www.landwatch.com/ohio-land-for-sale/pomeroy

The difference is largely inflation.


25 posted on 11/27/2020 8:26:07 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room.)
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To: Lurker

Yep. Therefore it is pointless to argue over entitlement spending.


43 posted on 11/27/2020 9:21:06 PM PST by MinorityRepublican
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