SOHH....How DO we get out of this government debt crisis

[Scustin Bieburr]

Clinton balanced the budget

But Bush spent 6T on two failed wars.
Obama spent 9T on stimulus to fix the financial crisis started under Bush.
Trump spent 7.8 on military spending and tax cuts(for who )
Biden spent 5.T on covid recovery.

And then there's the interest on the debt.

Wheres the tax money going to come from when we're actively letting megacorps send jobs overseas and telling immigrants not to come in and work+spend money on goods and services.

They need to get serious about closing loopholes for these billionaires so that they can extract revenue. Taxes on their assets need to be raised too. This shyt is INSANE and we can't keep it up especially while sending money to Israel and Ukraine

 

[maxamusa]

Every member of the coli should get a stimulus check.....they'll never do it tho

 

[Scustin Bieburr]

Every member of the coli should get a stimulus check.....they'll never do it tho

Stimulus checks won't do much if people can't grow that money because of a volatile market.

We need tax cuts. If you're making less than 80k you should get a tax cut, and a raise to the corporate tax rate. They could respond by laying off staff, but that will just scare off investors which they need. Alternatively, a wage theft task force could be deployed to essentially force employers making record profits to make sure staff are getting their cut. Workers need more money so they can spend on more goods and services. It should be up to the businesses raking in billions to make sure that happens, not taxpayers.

We bailed them out in 2008, THEY need to do right by us.

 

[Tres Leches]

they cant get out of it now its too big they just kick the can down the road

 

[the cac mamba]

we don't. there's zero accountability in washington, and it's too slow-moving of a crisis for anyone to feel forced to do something about it

it'll collapse on someone's grandkids, some day

 

[Vandelay]

National debt isn't the same as personal debt.

Name one first world economy that isn’t in debt.

When other countries dump the dollar, than it will be a problem. And this is no where as easy as some people would lead you to believe.

 

[B86]

The USA has been in debt since 1791...

 

[gho3st]

Clinton balanced the budget

But Bush spent 6T on two failed wars.
Obama spent 9T on stimulus to fix the financial crisis started under Bush.
Trump spent 7.8 on military spending and tax cuts(for who )
Biden spent 5.T on covid recovery.

And then there's the interest on the debt.

Wheres the tax money going to come from when we're actively letting megacorps send jobs overseas and telling immigrants not to come in and work+spend money on goods and services.

They need to get serious about closing loopholes for these billionaires so that they can extract revenue. Taxes on their assets need to be raised too. This shyt is INSANE and we can't keep it up especially while sending money to Israel and Ukraine

Aint no coming out from under that my guy. Its done

 

[maxamusa]

Stimulus checks won't do much if people can't grow that money because of a volatile market.

We need tax cuts. If you're making less than 80k you should get a tax cut, and a raise to the corporate tax rate. They could respond by laying off staff, but that will just scare off investors which they need. Alternatively, a wage theft task force could be deployed to essentially force employers making record profits to make sure staff are getting their cut. Workers need more money so they can spend on more goods and services. It should be up to the businesses raking in billions to make sure that happens, not taxpayers.

We bailed them out in 2008, THEY need to do right by us.

80K breh.....the coli tripple six club......

against stimmy checks 2

 

[DonB90]

Tax cuts for the top 10% that way they can infuse that new found discrenary income back into the economy

 

[RickyDiBiase]

National debt isn't the same as personal debt.

Name one first world economy that isn’t in debt.

When other countries dump the dollar, than it will be a problem. And this is no where as easy as some people would lead you to believe.

/thread

 

[Scustin Bieburr]

80K breh.....the coli tripple six club......

against stimmy checks 2

Why is a 6foot 6 figure 6 car garage coli ngga wanting a stimulus check

 

[maxamusa]

Why is a 6foot 6 figure 6 car garage coli ngga wanting a stimulus check