How will Joe Biden GOVERN? General Biden Administration F**kery Thread

AquaCityBoy

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I don't know anyone on the left supporting Putin. I do know people on the left who aren't in favor of the harsh sanctions because they will primarily negatively affect the lives of the Russian people tho. That's just an ideological thing tho. Even I'm very much so on the fence about sanctions these harsh but if it will prevent a World War it may be the only way I still can't say I'm for or against. Even being on the fence doesn't make me feel good about it (That's just the pragmatist in me). The Russian people do not in any way deserve to be punished for the shyt Putin is doing. I

You are making it way more complicated than it is. They do not believe that it has anything to do with America and are anti-interventionists because they are aware of it heightening things. In addition, America is not the one to be screaming about invasions. If you cannot see how silly you appear huffing and puffing about invasions as an American, then there really is not any reasoning with you
 
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You are making it way more complicated than it is. They do not believe that it has anything to do with America and are anti-interventionists because they are aware of it heightening things. In addition, America is not the one to be screaming about invasions. If you cannot see how silly you appear huffing and puffing about invasions as an American, then there really is not any reasoning with you
Ummmmm I’m about as anti war as it gets. So I think you’re making assumptions about me that are very very incorrect
 

OfTheCross

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Keeping my overhead low, and my understand high
https://www.downsizinggovernment.org/bidens-budget-deficits

The Biden administration has released its federal budget for 2023. One of the themes is deficit reduction. The president says the budget “keeps us on track to reduce the deficit this year to less than half of what it was before I took office.” The administration will be “the first in history to reduce the deficit by more than $1 trillion in a single year.”

Finally, someone is taking an axe to the bloated federal budget!

Or maybe not. Under the Biden budget:

  • Deficits are currently falling, but would start rising again in 2024, as shown in the chart.
  • Spending would rise from $5.85 trillion this year to $8.87 trillion in 2032.
  • Debt held by the public would rise from $24.8 trillion this year to $39.5 trillion in 2032, or 102.4 percent of GDP to 106.7 percent.
  • Taxes would be increased $2.5 trillion over 10 years, but these hikes likely won’t pass Congress, so deficits would be higher than proposed unless spending is restrained.
  • Interest rates on federal debt are projected to remain low, with the rate on 10‐year debt only rising to 3.3 percent by 2032. Thus the budget says the “burden of debt would stay low,” which seems very optimistic. Every 1 percentage point increase in average borrowing costs on $25 trillion of federal debt is $250 billion in added annual interest outlays.


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