This is simply unsustainable.
(https://assets.zerohedge.com/s3fs-public/inline-images/spending%20vs%20income%206m%20sept%2024.jpg?itok=uWN9pqzU)
2024 was the year when the runaway US budget deficit was supposed to gradually normalize, and after two crisis-years, the US was supposed to end its drunken sailor spending ways. And for a while there, it seemed touch and go, with the cumulative US deficit initially overtaking 2023 - forget about the batshit insane 2021 and 2022 when the deficit hit a mindboglilng 18% of GDP...
https://www.zerohedge.com/markets/endgame-interest-us-debt-surpasses-1-trillion-first-time-ever-exploding-august-budget
Unfortunately congress critters from both parties are petrified to cut the spending. I go back to what Ronaldo Magnus said. We do not have a revenue problem, we have a spending problem.
Step #1. Freeze all government pay until the trend is reversed.
Step #2. Dismantle the Department of Education.
That is just a start.
Quote from: supsalemgr on September 13, 2024, 07:22:46 AMUnfortunately congress critters from both parties are petrified to cut the spending. I go back to what Ronaldo Magnus said. We do not have a revenue problem, we have a spending problem.
Step #1. Freeze all government pay until the trend is reversed.
Step #2. Dismantle the Department of Education.
That is just a start.
Agree, and the IRS as well, as an endless list of fruitless unless projects.
I'm just saying, we may need a bloodless revolution to save this nation. That gutting it is the only way to save it.
Freezing it with a 10% operating budget and pay slash to 10% as well for these scum, let them feel what they inflict on the rest of the Nation.
just imagine how smoothly this country could run with a gutted judiciary or a crippled DOJ.
Yeah I'm dreaming, but unless Govt is cut to 10% of what it is today, we will never pay down our debt.
Quote from: Solar on September 13, 2024, 06:35:32 AMThis is simply unsustainable.
(https://assets.zerohedge.com/s3fs-public/inline-images/spending%20vs%20income%206m%20sept%2024.jpg?itok=uWN9pqzU)
2024 was the year when the runaway US budget deficit was supposed to gradually normalize, and after two crisis-years, the US was supposed to end its drunken sailor spending ways. And for a while there, it seemed touch and go, with the cumulative US deficit initially overtaking 2023 - forget about the batshit insane 2021 and 2022 when the deficit hit a mindboglilng 18% of GDP...
https://www.zerohedge.com/markets/endgame-interest-us-debt-surpasses-1-trillion-first-time-ever-exploding-august-budget
I was thinking, maybe this isnt just america, but since the deepstate are globalists maybe its the whole world. So I looked and the estimated total debt of all countries is about 300$ trillion while the worlds GDP is only 105$ trillion.
Quote from: T Hunt on September 15, 2024, 01:27:25 PMI was thinking, maybe this isnt just america, but since the deepstate are globalists maybe its the whole world. So I looked and the estimated total debt of all countries is about 300$ trillion while the worlds GDP is only 105$ trillion.
Wow! Absolutely wow. Thanks for sharing,,,,, I think. That is frightening.
Quote from: T Hunt on September 15, 2024, 01:27:25 PMI was thinking, maybe this isnt just america, but since the deepstate are globalists maybe its the whole world. So I looked and the estimated total debt of all countries is about 300$ trillion while the worlds GDP is only 105$ trillion.
Nailed it!
What better way to control the masses than to crash their economies, then come in with welfare, and finish them off.
That I believe has always been the plan, it's how history exposes communists, they divide and conquer, then come in as the saviors, assuming you agree to their terms.
That is the path they've set us on, it's so blatantly obvious.