Posted on 05/10/2023 7:54:35 AM PDT by ChicagoConservative27
The entire deficit could be solved in less than 10 years if the government simply took every department’s and agency’s budget and stuck to an INCREASE of 1% per year. No cuts, just slower increases, applied consistently. The mere fact of such a program would cut the inflation rate (and interest rates) quite dramatically, helping the economy immensely and actually speeding up the elimination of the deficit. Continue it or 5 more years, and you’ll actually cut the debt level by a couple trillion and, more importantly, cut the debt: GDP ration immensely. The dollar might actually be worth something if we did that.
But these corrupt F@#KS in both parties have to continue playing games with our nation’s very future...and we can’t even supply Ukraine with enough munitions to fight a war without wiping out our stocks. Great use of our (and our kids’ and grandkids’) money, you incompetent government jackholes!!!
“First, she has the money to not default.”
That is beyond my understanding but when a debtor can’t make payments don’t they and the creditor often work out new terms.
So, is a “default” really a cliff that we could fall off of, or could some spending programs be delayed or cost-reduced?
Actually, that idea sounds like what the Republicans want to do.
Republicans need to show us some spending that would be painless in the short term to reduce or delay.
Yep, Biden was the one who said there was negotiation.
Notice cutting Government spending is never an option. Our leaders would rather kill every 65+ person in America than cut government bloat
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.